be, by the laying and maintaining said drains or any of them, upon such notice given to the person or persons interested, as shall be directed by said judge, and it shall be the duty of said commissioners or a majority of them, having first taken and subscribed an oath or affirmation faithfully and impartially to examine the matter in question and to make a true report according to the best of their skill and understanding, to meet at a time and place to be appointed by said judge, in his said order of appointment, and upon such notice to the parties interested as said judge shall direct in said order, and proceed to view said land and materials as may be required for the purpose of this act, and to make a just and equitable appraisement or estimate of the value of the same and an assessment of the damages which will be occasioned by the laying of said railroads, or as the case may be by the laying and maintaining said drains or any of them, and which assessment shall be paid by said company, and which report shall be in writing, under the hands and seals of said commissioners or a majority of them, and filed with the aforesaid description of the land or materials and the appraisement and oaths or affirmations aforesaid, in the clerk's office aforesaid, to remain of record therein; which report or a copy thereof duly certified by said clerk, shall, (the appraisement and damages being first paid, tendered or deposited in said clerk's office), at all times be considered as plenary evidence of the right of said company to hold, use, occupy, possess, enjoy and excavate the said land or materials, or to make, maintain and repair said drains. money by mortgage. 8. And be it enacted, That it shall be lawful for the direct- May borrow ors of said company from time to time to borrow such sums of money as may seem to them advisable for the purposes of their said business, and to secure the same by a mortgage or mortgages on the lands, railroads and other property of said company. 9. And be it enacted, That this act shall take effect immediately. Approved March 10, 1868. Preamble. Authorized to CHAPTER CXLI. A Further Supplement to an act entitled "An Act to incorporate the Paterson Gas Light Company," passed December ninth, eighteen hundred and twenty-five. WHEREAS, the Paterson Gas Light Company, in order to supply the increasing demand for gas in the city of Paterson, have expended a large sum of money in the purchase of land and in the erection of additional works; and whereas, it is by the said company deemed expedient to fund a part of the debt incurred in the premises; therefore 1. BE IT ENACTED by the Senate and General Assembly of issile bonds. the State of New Jersey, That the Paterson Gas Light Company are hereby authorized to issue their bonds to an amount not exceeding seventy-five thousand dollars, of a denomination not less than five hundred dollars, and bearing interest at the rate of seven per centum per annum, with coupons attached for the payment of interest half-yearly, which bonds shall be payable to bearer or to order as the said company may elect, or part to bearer and part to order at the option of said company. May give mortgage to enre bonds. 2. And be it enacted, That in order to secure the payment trustee to se- of the principal and interest to grow due on said bonds, and the fulfilment of any contract in relation thereto made before the issuing thereof, the said company may convey, to a trustee or trustees to be by them selected, by way of mortgage, all the lands and real estate, main and service pipes in use and metres attached, works, implements, franchises, chartered rights and powers of the said company, which mortgage may be enforced by proceedings in foreclosure in the court of chancery of this state, and sale thereunder as in other cases. How bonds may be redeemed. 3. And be it enacted, That the said bonds shall be due at the end of twenty years from their date, and said company may redeem them or any part thereof at any time after ten years from their date, and may divide them into classes, and redeem one class in each year after the expiration of the said ten years; and at any time within five years from their date the company may, at the holder's option, redeem the same or any part thereof by stock to be issued therefor at a rate not less than ninety per centum of the par value of the stock. 4. And be it enacted, That the said company may provide Registering by by laws for the registry of said bonds, or any portion of bonds. them, by recording the dates, numbers and amounts thereof, and the name of the party to whom issued, and any other general description thereof, in a book to be by them kept for that purpose, and may distinguish such bonds by a certificate of the fact of such registry endorsed thereon and signed by the president or secretary of said company, and also, if they see fit, by writing or printing the word "registered" on each coupon of such bonds; and the principal due on such registered bonds shall be paid only to such party, or to his assignee appointed, by writing, and upon presentation thereof at the office of said company. 5. And be it enacted, That it shall be lawful for the said company to agree to pay all taxes and assessments laid, levied or assessed upon the said bonds, and upon the interest accruing thereon. 6. And be it enacted, That this act shall take effect immediately. Approved March 10, 1868. CHAPTER CXLII. An Act to authorize the widening of the old Delaware Bridge at Trenton, to provide for the approach of the railway track thereon, and to regulate the stock of the Company owning said Bridge. widen bridge track. 1. BE IT ENACTED by the Senate and General Assembly of Authority to the State of New Jersey, That "The president, managers and for railroad company for erecting a bridge over the river Deleware, at or near Trenton," be and they are hereby authorized to extend and lengthen the piers of their bridge in and over the river Delaware at Trenton, on the southerly side of said bridge, not interfering with the navigation of said river, so as to place thereon an additional railroad track or tracks and give more room for the passage thereof; and that said tracks be placed on said bridge at such convenient distances from each other as not to endanger the safety of passengers or cars crossing the same; and that the said company be authorized to issue stock or bonds to the railroad company or companies connecting therewith and desiring said tracks, and which shall be willing to advance the requisite funds for extending the said piers for that purpose; and that in laying said tracks and connecting the same with the railroads approaching said bridge, the Philadelphia and Trenton Railroad Company shall have power, and said company is hereby authorized to take such land as may be required to make such connection on the westerly side of said river; and the Camden and Amboy Railroad and Transportation Company are authorized to do the like on the easterly side of said river; the said companies reMay take land spectively having first designated and surveyed such lands, compensation and made or tendered compensation therefor as prescribed by making their respective charters or acts of incorporation, and the several supplements thereto; the said companies being hereby respectively authorized to exercise all the powers conferred by said acts respectively, for taking lands for their railroads respectively. 2. And be it enacted, That the shares of capital stock of said Bridge Company held by or for the use of the said railroad companies, or either of them, shall and may be voted on by said companies respectively holding or owning the same, or their respective attorneys or proxies duly authorized thereunto, each company being entitled to one vote for each share of said stock so held by or for the use of such company. Approved March 10, 1868. orporators. CHAPTER CXLIII. An Act to incorporate the Franklin Chapel Association, in the township of New Providence, county of Union, and State of New Jersey. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Samuel Kent, Albert Pierson, Charles Spinning, Benjamin Spinning, Russell W. Westcott, A. Lines Van Blarcom, Willoughby Powell, and such other 2. And be it enacted, That the said incorporation is hereby objects of or incorporated for the purpose of encouraging and promoting Doration. the intellectual and moral welfare of the community, by such ways and means as to the said corporation or the trustees thereof, hereinafter mentioned shall appear to be most expedient; and the estate and funds of the said corporation, after paying all proper charges and expenses, shall be exclusively devoted to the objects aforesaid, except so far as they may deem it necessary to apply their funds to the purchase and holding of any real estate, and erecting any building thereon, for the benefit and accommodation of the members of said. corporation, and of those who may attend their meetings (the amount so applied not to exceed twenty thousand dollars), which real estate they may again sell and re-invest, as they may find expedient. 3. And be it enacted, That the said corporation shall have powers of cor power from time to time to make and establish such constitu- poration. tion, by-laws, rules and regulations as they shall judge proper, for the election of their officers, for prescribing their respective functions, and the mode of discharging the same, for the admission of members, for the government of the officers and members thereof, for the imposing and collecting admission fees, fines and contributions, for regulating the times and places of meeting, and generally for the management and direction of the affairs and concerns of the said corporation. 4. And be it enacted, That the management of the said Trustees. association shall be in the hands of five trustees, three of |