CHAPTER III. A supplement to an act entitled "An act to incorporate the Certain conferred 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the said company by its bylaws may designate the number of directors of said com- powers pany, not exceeding thirty; and have power by its by-laws by by-laws. to designate the number of directors necessary to constitute a quorum for the transaction of business; and that the present board of directors shall have power to elect such increased number of directors, who shall hold office until the next annual election, when said new directors shall be elected in classes as provided in the charter of said com. pany. 2. And be it enacted, That the fourteenth and fifteenth Repealer. sections of the act to which this is a supplement, and all parts of the act and the supplement thereto, inconsistent with the provisions of this act, be and the same are hereby repealed; provided nevertheless, that it shall be lawful for Proviso. the legislature at any time to amend, alter, modify or repeal the act to which this is a supplement and the supplements thereto. 3. And be it enacted, That this act shall take effect immediately. Approved February 3, 1874. Directors sessment. Proviso. CHAPTER IV. A supplement to an act entitled "An act to incorporate the Farmers' Mutual Fire Assurance Association of New Jersey," approved March third, one thousand eight hundred and fifty-six. 1. BE IT ENACTED by the Senate and General Assembly of the empowered State of New Jersey, That when an assessment is ordered by certain as the directors of this association, as directed by the original act of incorporation, to pay losses which may have accrued by fire or lightning, it shall and may be lawful for said directors to make an assessment, also in advance, to pay losses which may afterward occur; provided, such advance assessment shall not exceed one-fourth of one per centum on the amount of property insured; and if the owner of the property insured is not a resident of the township where such property was situated when the insurance was effected, and has not surrendered his, her or their policy to the secretary to be cancelled, then the agent or collector shall post conspicuously a written or printed notice of the amount of his, her or their assessment against any one of the buildings so insured, or which contained the property insured; which notice when so posted shall be deemed and taken as a legal notice. Empowered to bor row money. Who em issue sub 2. And be it enacted, That if at any time the board of directors shall think proper to borrow money to pay losses they may do so, not exceeding the sum of one-fourth of one per centum of the amount insured, and assess the same with other losses when they shall deem proper to make an assessment. 3. And be it enacted, That for the purpose of inquiry as to powered to the origin of any fire and the value of the property injured poenas, &c., or destroyed in adjusting the loss which may have occurred, into origin the president or secretary or any one of the directors shall of fire. have power to issue subpoenas for witnesses and to adminis to inquire ter oaths and affirmations to any such witnesses; and any person so sworn or affirmed who shall knowingly testify falsely in regard to said origin or loss, shall be deemed guilty of willful and corrupt perjury, and shall be punished accordingly by any court of competent jurisdiction. holding an by whom 4. And be it enacted, That the board of directors may at Time of their discretion change the time of holding the annual meet- nual meeting of said association from the fourth Tuesday in January ng may to the fourth Thursday in October, or to such other time as be changed they may think proper, and may appoint the quarterly meetings of the examining committee at such times and places as they may think expedient; giving notice of the time and place of the annual meeting by advertisement as heretofore. 5. And be it enacted, That this act shall take effect immediately. Approved February 3, 1874. CHAPTER V. An act to incorporate Ocean Lodge, Number Thirty-eight, corporators 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That George H. Walker, Alexander Names of Cowperthwait, Francis French, William L. Darby, Horace G. Ireland and Jacob L. Cowperthwait and their associates, officers and members of Ocean Lodge, Number Thirty-eight, Independent Order of Odd Fellows and their successors, be and they are hereby declared to be a body politic and corporate in law by the name, style and title of "Ocean Lodge, Number Corporate Thirty-eight, Independent Order of Odd Fellows of Tucker- powers. ton, New Jersey," and by that name, they and their successors may at all times hereafter sue and be sued, plead and be impleaded, take, purchase, hold and receive any lands, tenements, goods and chattels, sum or sums of money, by gift, grant, bargain, sale, devise or bequest, and grant, bargain, sell and mortgage the same for the use of the corpora name and Proviso. powers of tion; and by the name aforesaid, may make investments, and enter into, execute and enforce any contracts or en. gagements relating to, touching and concerning the objects of said corporation, and may also have a common seal, and use, change, alter and renew the same at their pleasure; provided, that the said corporation shall not at any time hold or possess property real, personal and mixed, exceeding in value the sum of fifteen thousand dollars. Objects and 2. And be it enacted, That the objects of this corporation association shall be to maintain and promote the interests of the Independent Order of Odd Fellows, to afford relief to the members thereof and their families in case of sickness, to defray the expense of their funerals and to relieve such other cases of distress as shall be defined by the by-laws. 3. And be it enacted, That this act shall be deemed a public act, and shall take effect immediately. Approved February 3, 1874. Amend ment. Corporation em CHAPTER VI. Supplement to an act entitled "An act to incorporate the Camden Insurance Safe Deposit and Trust Company," approved April fourth, eighteen hundred and seventy-three. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the word "the" and the word "insurance," in the title of "The Camden Insurance Safe Deposit and Trust Company," be and the same are hereby stricken out, and the said corporation shall hereafter be known as "Camden Safe Deposit and Trust Company," and by the name last aforesaid, shall have the same powers and be subject to the same liabilities as are conferred and imposed in the act to which this is a supplement. 2. And be it enacted, That said corporation be and the powered to same is hereby authorized to increase its capital stock to any sum not exceeding, with the amount of its capital stock stock. now authorized, the sum of two hundred thousand dollars. increase capital 3. And be it enacted, That this act shall take effect imme An act to confirm a certain deed of conveyance of a lot of land in the city of Camden, made by "The Weccacoe Fire Company, No. 2, of Camden," to Samuel E. Radcliff. WHEREAS, it has been made to appear to the legislature, Preamble. that "The Weccacoe Fire Company, No. 2, of Camden," has made and executed to one Samuel E. Radcliff, a deed of conveyance for a certain lot of land situate on the north side of Arch street, above Fifth street, in the city of Camden, in the county of Camden, being seventeen feet four inches in front and one hundred and fifty-nine feet two inches more or less, in depth, by deed bearing date on the eighth day of December, anno domini eighteen hundred and seventy three; and whereas, doubts have been expressed as to the legality of the said conveyance, by reason of the same having been executed after the said "The Weccacoe Fire Company, No. 2, of Camden," had ceased to have a legal existence; therefore1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the deed of conveyance above mentioned, made and executed by "The Weceacoe Fire clared to be Company, No. 2, of Camden," to Samuel E. Radcliff, shall, and the same is hereby declared to be as valid and effectual to all intents and purposes, as if the same had been made, executed and delivered during the legal existence of the said "The Weccacoe Fire Company No. 2, of Camden." Approved February 5, 1874. Certain deed de valid. |