ties. 1828 ch. 96. 1830 ch. 58. in Boston. be, and they hereby are continued a corporation, for the purposes of banking, until the first day of October, which will be in the year of our Lord one thousand eight hundred and fifty-one, notwithstanding any limitation in their charter of incorporation to the Powers and du- contrary; and said corporation shall be entitled to all the powers and privileges, and subject to all the duties, liabilities and requirements, provided in an act passed the twenty-eighth day of February, in the year of our Lord one thousand eight hundred and twenty-nine, entitled "an act to regulate banks and banking," and the provisions of an act passed the twenty-eighth day of February, in the year of our Lord one thousand eight hundred and thirty-one, entitled "an act to continue the banking corporations therein named, and for other purposes." [March 19, 1831.] Chap 133. An ACT to incorporate the President, Directors and Company of the Merchants Bank SECT. 1. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of Persons incor- the same, That William Eager, John Brown, Edward D. Clark, John B. Jones, Mark Healey, their associates, successors and assigns, shall be, and they hereby are created a corporation, by the name of "The President, Directors, and Company of the Merchants Bank," and shall so continue until the first day of October, which shall be in the year of our Lord one thousand eight hundred and fifty-one, and shall be entitled to all the powers and privileges, and subject to all the duties, liabilities and requirements, contained in an act passed on the twenty-eight day of February, in the year our Lord one thousand eight hundred and twenty-nine, entitled "an act to regulate banks and banking," and the further provisions contained in an act passed the twentyeighth day of February, in the year of our Lord one thousand eight hundred and thirty-one, entitled "an act to continue the banking corporations therein named, and for other purposes." porated. Powers and duties. 1828 ch. 96. 1830 ch. 58. Capital stock. [Capital increased, 1832 ch. 68: 1836 ch. 92.] Location. Chap 134. Persons incorporated. SECT. 2. Be it further enacted, That the capital stock of said corporation shall consist of the sum of five hundred thousand dollars, to be divided into shares of one hundred dollars each, to be paid in such instalments, and at such times, as the stockholders may direct provided, the whole be paid within one year from the passing of this act. SECT. 3. Be it further enacted, That the said bank shall be established in the city of Boston, and that any one of the persons before named shall be authorized to call the first meeting of said corporation, by advertising the same in any newspaper published in the city of Boston, ten days at least before said meeting. [March 19, 1831.] Add. acts, 1832 ch. 68: 1836 ch. 92. An ACT to incorporate the Bowdoin Street Congregational Society. SECT. 1. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, That Bradford Sumner, Benjamin Fisk, Amos Farnsworth, Charles Tappan, Daniel Noyes, Alfred Richardson, Albert Hobart, Theodore Dexter, Norman Seaver, William W. Stone, Theophilus R. Marvin, Samuel H. Walley, Jr., and William G. Lambert, together with all those persons who are subscribers of stock, or who shall hereafter become proprietors of pews in the stone meeting-house now erecting in Bowdoin street, in the city of Boston, be, and hereby are incorporated as a religious society, by the name of the Bowdoin Street Congregational Society, with all the powers, privileges and immunities Powers and to which other religious societies in this Commonwealth are entitled, by the laws and the constitution thereof, and subject to all the duties and liabilities, to which other religious societies are subject. duties. sonal estate. upon pews. SECT. 2. Be it further enacted, That said society shall have Real and perpower in law to take, purchase and hold any estate, real, personal, or mixed, for the use of said society, and the same to sell, mortgage, or otherwise dispose of, as they may see fit: provided, the income thereof, exclusive of their meeting-house and land under and adjoining it, shall not at any time exceed the sum of two thousand dollars per annum. SECT. 3. Be it further enacted, That the said society shall Assessments be empowered to assess upon the pews in their meeting-house, according to a valuation of said pews which shall be agreed upon by said society, all sums of money which shall hereafter be voted to be raised by the said society, for the support of public worship and other parochial charges. And all assessments upon the pews as aforesaid may be collected in the manner provided by an "act authorizing the proprietors of churches, meeting-houses, 1817 ch. 189. and other houses of public worship, to regulate and manage their property and interests therein," passed the twenty-fourth day of February, in the year of our Lord one thousand eight hundred and eighteen. SECT. 4. Be it further enacted, That said society shall By-laws. have power to establish such regulations, rules and by-laws, for their government, and for the management of their affairs, as they may from time to time see fit. trol. SECT. 5. Be it further enacted, That this act shall be Legislative consubject to revision or repeal, at the pleasure of the Legislature. [March 19, 1831.] An ACT to incorporate the Proprietors of the Tremont Mills. Chap 135. SECT. 1. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, That Amos Lawrence, Abbot Lawrence, William Persons incorPratt, Thomas B. Wales, George Hallet, David Sears, Wil- porated. liam Appleton, Benjamin R. Nichols, and their associates, successors and assigns, be, and they hereby are made a corporation by the naine of the Proprietors of the Tremont Mills, for the purpose of manufacturing cotton and woollen goods in the town of Lowell, in the county of Middlesex; and for this purpose Powers and dushall have all the powers and privileges, and be subject to all the duties and requirements, contained in an act passed the twentythird day of February, in the year of our Lord one thousand eight ties. 1829 ch. 53. Capital stock and real estate. [Increased 1837 ch. 87.] Chap 137. Persons incorporated. Deposits. Income of deposits. Election of members. General powers. Place and time hundred and thirty, entitled "an act defining the general powers and duties of manufacturing corporations." SECT. 2. Be it further enacted, That the capital stock of said corporation shall not exceed the sum of five hundred thousand dollars, and that the said corporation may be lawfully seized and possessed of such real estate as may be necessary and convenient for the purposes aforesaid, not exceeding the value of one hundred thousand dollars, exclusive of buildings and improvements that may be made thereon by said corporation. [March 19, 1831.] Add. act, 1837 ch. 87. An ACT to incorporate the Dedham Institution for Savings. SECT. 1. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, That Jairus Ware, Enos Foord, Jonathan H. Čobb, George Dixon, Martin Spear, Martin Marsh, Nathaniel Guild, Francis Alden, Herman Mann, Jr., Theron Metcalf, George Ellis, Timothy P. Whitney, Alvan Lamson, Ebenezer Burgess, George Bird, Sylvester W. Talbot, Eliphalet F. Mason, Mason Richards, Jesse Daniel, Joseph Guild, Jeremy Stimson, Joseph A. Wilder, Joseph Morrill, and Calvin Guild, together with such other persons, as have associated, or may hereafter associate with them, be, and they hereby are constituted a corporation by the name of the Dedham Institution for Savings. SECT. 2. Be it further enacted, That said corporation shall be capable of receiving, from any person disposed to obtain and enjoy the advantages of said institution, any deposit or deposits of money, and to use and improve the same for the purposes, and according to the directions herein provided. SECT. 3. Be it further enacted, That all deposits of money received by said corporation, shall be, by them, used and improved to the best advantage, and the income and profits thereof shall be applied and divided among the persons making the said deposits, their executors, administrators or assigns in just proportion, and the principal of such deposits may be withdrawn, at such times, and in such manner, as said corporation shall direct and appoint. SECT. 4. Be it further enacted, That said corporation may, at any legal meeting, have power to elect, by ballot, any other persons as members of said corporation. SECT. 5. Be it further enacted, That the said corporation may have a common seal, which they may change at pleasure, that all deeds, grants, covenants and agreements, made by their treasurer, or any other person by their authority, shall be good and valid, and the said corporation shall, at all times, have power to sue, and may be sued, and defend, and be held to answer by the name aforesaid. SECT. 6. Be it further enacted, That the said corporaof meeting, &c. tion shall hereafter meet at Dedham some time in the month of May annually, and as much oftener as they may judge expedient, and any seven members of said corporation, the president, secretary or treasurer being one, shall be a quorum, and the said SECT. 7. Be it further enacted, That said corporation may By-laws. SECT. 8. Be it further enacted, That either of the persons First Meeting. named in the first section of this act, may, by a public notification in the newspaper printed in Dedham, call the first meeting of said corporation, at such time and place as he shall judge proper. SECT. 9. Be it further enacted, That the Legislature may, Legislative conat any time hereafter, alter, amend, or repeal this act. [March trol. 19, 1831.] An Act to repeal " An Act to incorporate the Trustees of the Theatrical Benevolent Chap 138. Fund, in the city of Boston." 1824 ch. 104. SECT. 1. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, That the act, entitled "an act to incorporate the Act repealed, Trustees of the Theatrical Benevolent Fund in the city of Bos- &c. ton," passed on the twenty-fourth day of February, in the year of our Lord eighteen hundred and twenty-five, be, and the same is hereby repealed: provided, however, that nothing in this act contained shall be so construed, as to absolve the said corporation, or any trustee, director, officer or member thereof, from any liability created by the act hereby repealed, except so far as is in this act provided. SECT. 2. Be it further enacted, That the trustees of said Trustees aubenevolent fund be, and they are hereby directed and authorized, thorized to disafter paying all debts of said corporation, to divide and distribute said fund between Elizabeth Powell, widow of the late Snelling Powell, deceased, and Charles Matthews, the two original and sole donors of said fund, or their respective legal representatives of said Elizabeth Powell and Charles Matthews, in proportion to the several amounts subscribed by said Elizabeth and Charles, respectively. year. SECT. 3. Be it further enacted, That said corporation shall Corporation to be continued a body corporate and politic, for the term of one continue for one year from and after the passing of this act, for the purpose prosecuting and defending all suits which now are, or may hereafter be instituted, and of enabling said body corporate and politic of to settle and close its concerns, and divide its capital stock or funds as aforesaid, but for no other purpose. [March 19, 1831.] Chap 139. An ACT to extend the time in which the stockholders of the Cohannet Bank were al 1828 ch. 126. lowed to complete the subscription to the capital stock of said bank. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, Time extended. That the further time of six months, from the passing of this act, shall be allowed to the stockholders in the Cohannet Bank in Taunton, to complete the subscription for shares therein, any thing in the charter of said bank to the contrary notwithstanding. Provided, that the said stockholders shall be subject to all the restrictions and provisions contained in an act passed the twentyeighth day of February, in the year of our Lord one thousand eight hundred and thirty-one, entitled "an act to continue the banking corporations therein named, and for other purposes." [March 19, 1831.] Add. act, 1836 ch. 110. 1830 ch. 58. porated. Chap 141. An ACT to incorporate the President, Directors and Company of the Middlesex Bank. SECT. 1. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of Persons incor- the same, That William Parmenter, Amos Binney, John K. Simpson, Edmund Munroe, Jesse Hall, Thomas Hastings, their associates, successors and assigns, shall be and they hereby are created a corporation, by the name of the President, Directors and Company of the Middlesex Bank, and shall so continue until the first day of October, which shall be in the year of our Lord Powers and du- one thousand eight hundred and fifty-one and said corporation shall be entitled to all the powers and privileges, and subject to all the duties, liabilities and requirements, contained in an act passed on the twenty-eighth day of February, in the year of our Lord one thousand eight hundred and twenty-nine, entitled “an act to regulate banks and banking," and the provisions of an act passed on the twenty-eighth day of February, in the year of our Lord one thousand eight hundred and thirty-one, entitled "an act to continue the banking corporations therein named, and for other purposes." ties. 1828 ch. 96. 1830 ch. 58. Capital stock. Location. SECT. 2. Be it further enacted, That the capital stock of said corporation shall consist of the sum of one hundred and fifty thousand dollars, to be divided into shares of one hundred dollars each, to be paid in such instalments, and at such times, as the stockholders may direct: provided, the whole be paid within one year from the passing of this act. SECT. 3. Be it further enacted, That the said bank shall be established in that section of the town of Cambridge called East Cambridge, and that any one of the persons before named shall be authorized to call the first meeting of said corporation, by advertising the same in any newspaper printed in said Cambridge, or in any adjoining town or city, ten days at least before said meeting. [March 19, 1831.] |