Gateway. Water-power. Proviso. suance of the provisions of the one hundred and fifteenth chapter of the Revised Statutes. SECTION 3. Said dyke shall be provided with a sufficient opening or gateway, to permit the waters accumulating above, to pass off when necessary or expedient. And said corporation shall have authority to raise the water above said dyke, for the purpose of creating a water-power, and shall be the exclusive proprietors of said water-power, with the sole right of directing, using, selling, or otherwise disposing of the same, as may be deemed expedient: provided, that no interference with private rights is occasioned thereby. SECTION 4. Said corporation shall have the exclusive right to regulate. Ownership of any herring, or other fishery, created in consequence of the location of said dyke, together with the right of regulating such fisheries, and taking the fish therein, to their own exclusive use. Said corporation shall also have Oysters-plant- the exclusive right of planting, growing, and digging oysters, in the waters above said dyke, with the powers and privileges, and subject to the restrictions mentioned in the act of eighteen hundred and forty-eight, chapter one hundred and fiftytwo, entitled "An Act concerning the planting of oysters." Herring fishery, ownership ing, &c. Capital stock. Shares. and SECTION 5. Said corporation are hereby authorized to raise the sum of eighty thousand dollars, by the creation of one thousand shares of eighty dollars each, for the purpose of erecting and completing said dyke, and for the purchase of real estate necessary for the same; and said corporation Real and person- may hold real and personal estate, necessary and convenient for the purposes aforesaid, not exceeding in amount one hundred thousand dollars. March 14, 1850. al estate. [1825, 68.] Chap. 74. AN ACT to authorize the Boston Marine Railway Company to extend In Boston. Proviso. Be it enacted, &c., as follows: their Wharf. The Boston Marine Railway Company, proprietors of a wharf situate on Commercial Street, in the city of Boston, are hereby authorized to extend and maintain the said wharf into the harbor channel, as far as the line established by the act entitled, " An Act to preserve the harbor of Boston, and to prevent encroachments therein," passed on the nineteenth day of April, in the year one thousand eight hundred and thirty-seven, with the same rights and privileges in the said wharf so extended as they now have and enjoy provided, that so much of said wharf as shall be erected under this act, shall be built on piles, and that this act shall in no wise affect the legal rights of any persons or corporations whatever. March 14, 1850. AN ACT to establish a Fire Department in the Town of Concord. Be it enacted, &c., as follows: Chap. 75. ties. A fire department in hereby established in the town of Powers and duConcord, subject to all the duties and liabilities, and with all the powers and privileges, set forth and contained in the act entitled, "An Act to regulate fire departments," passed on the ninth day of April, A. D. eighteen hundred and thirty-nine. March 14, 1850. AN ACT to incorporate the Boston Manufacturers' Mutual Fire Insurance Chap. 76. Company. Be it enacted, &c., as follows: John Clark, William Dwight, Pliny Cutler, their asso- Corporators. ciates and successors, are hereby made a corporation, by the name of the Boston Manufacturers' Mutual Fire Insurance Company, in the city of Boston, for the term of twenty- In Boston. eight years, for the purpose of insuring manufactories and 28 years. other buildings and their contents, against loss or damage. by fire, with all the powers and privileges, and subject to Powers and duall the duties, liabilities and restrictions, set forth in the ties. thirty-seventh and forty-fourth chapters of the Revised Stat utes, and all statutes subsequently passed, relating to mutual fire insurance companies. [1827, 47; 1832, 89; 1846, 13.] March 15, 1850. AN ACT to increase the Capital Stock of the Lowell Manufacturing Chap. 77. Be it enacted, &c., as follows: Company. tional capital The Lowell Manufacturing Company are hereby autho- $500,000 addirized to increase their capital stock, by adding thereto five stock. hundred thousand dollars, and to invest such portion thereof in real estate as may be necessary and convenient for the Real estate. purpose for which they have been incorporated. March 16, 1850. AN ACT to incorporate the Doctrinal Tract and Book Society. Be it enacted, &c., as follows: Chap. 78. SECTION 1. Leonard Woods, Jacob Ide, Sewall Harding, Corporators. and their associates and successors, are hereby made a cor 1854, 8. poration by the name of the Doctrinal Tract and Book Name changed, Society, for the purpose of producing, publishing, selling, and circulating moral and religious tracts and books, with all the powers and privileges, and subject to all the duties, Powers and liabilities and restrictions, set forth in the forty-fourth duties. chapter of the Revised Statutes. al estate. SECTION 2. The said corporation may take and hold, for Real and personthe aforesaid purposes, real and personal estate, to an amount not exceeding fifty thousand dollars. [1854, 8.] March 16, 1850. Chap. 80. AN ACT to authorize Joshua Nickerson and Lewis Nickerson to build a In Provincetown. Proviso. Be it enacted, &c., as follows: Wharf. Joshua Nickerson and Lewis Nickerson are hereby authorized to build a wharf from their land adjoining the harbor of Provincetown, and to extend said wharf to six feet of water at low tide; and shall have the right to lay vessels at the ends and sides of said wharf, and to receive wharfage and dockage therefor: provided, that this grant shall in no wise impair the legal rights of any person. March 18, 1850. Chap. 81. AN ACT authorizing the Construction of a Bridge across Oyster Pond Chap. 82. In Provincetown. Proviso. Chap. 84. In Harwich. Proviso. Chap. 85. In Edgartown. River, in the Town of Chatham. Be it enacted, &c., as follows: The county commissioners of the county of Barnstable are hereby authorized and empowered to locate and construct, or cause to be located and constructed, a bridge over a certain tide water, called Oyster Pond River, in the town of Chatham, at such place, and of such construction, as said commissioners may adjudge to be in accordance with the wants and necessities of the citizens of Chatham and others. March 18, 1850. AN ACT to authorize Isaac Small, 2d, to build a Wharf. Be it enacted, &c., as follows: Isaac Small, 2d, is hereby authorized to build a wharf from his land adjoining the harbor of Provincetown, and to extend said wharf to six feet of water at low tide, and shall have the right to lay vessels at the ends and sides of said wharf, and to receive wharfage and dockage therefor: provided, that this grant shall in no wise impair the legal rights of any person. March 18, 1850. AN ACT to authorize Nathaniel Chase, 2d, and his associates, to build a Wharf. Be it enacted, &c., as follows: Nathaniel Chase, 2d, and his associates, are hereby autho- AN ACT to authorize Ira Darrow to build a Wharf. Ira Darrow is hereby authorized to build and maintain a wharf from his land adjoining the harbor of Edgartown, and to extend the same into the channel of said harbor, to a AN ACT to authorize Waterman Crocker to build a Wharf. Chap. 86. Waterman Crocker is hereby authorized to build a wharf In Provincetown. from his land adjoining the harbor at Provincetown, and to extend the same to six feet of water at low tide, and shall have the right to lay vessels at the end and sides of said wharf, and to receive dockage and wharfage therefor: pro- Proviso. rided, that this grant shall in no wise impair the legal rights of any person. [1847, 268; 1848, 258; 1849, 114.] March 18, 1850. AN ACT to extend the time for paying in the Capital Stock of the Be it enacted, &c., as follows: Chap. 87. The time within which the capital stock of the Traders Time extended to Fire and Marine Insurance Company, in Boston, is, by law, April 26, 1851. required to be paid in, is hereby extended to the twenty sixth day of April, in the year one thousand eight hundred and fifty-one. March 18, 1850. AN ACT to incorporate the Trustees of Donations for Education in Chap. 89. Be it enacted, &c., as follows: Liberia. SECTION 1. Simon Greenleaf, George N. Briggs, Joel Corporators. Giles, their associates and successors, are hereby made a corporation, by the name of the Trustees of Donations for Education in Liberia, with all the powers and privileges, and Powers and subject to all the duties, restrictions, and liabilities, set forth duties. in the forty-fourth chapter of the Revised Statutes. al estate. SECTION 2. Said corporation may hold real and personal Real and personestate, to the value of one hundred thousand dollars, the income whereof shall be applied to the promotion of colle- Object. giate education in Liberia, by the establishment and support of one or more seminaries of learning, and also, if necessary, to the training of proper instructors for the same, at the discretion of the trustees. March 19, 1850. AN ACT to incorporate the Cochituate Lead Company. Be it enacted, &c., as follows: Chap. 92. SECTION 1. David Loring, William W. Wheildon, and Corporators. Joseph Holbrook, their associates and successors, are hereby made a corporation, by the name of the Cochituate Lead In Charlestown. Powers and duties. Real estate. Capital stock. Company, for the purpose of manufacturing lead, copper, and iron pipes, sheet lead, and shot, in the city of Charlestown, with all the powers and privileges, and subject to all the duties, restrictions, and liabilities, set forth in the thirtyeighth and forty-fourth chapters of the Revised Statutes. SECTION 2. Said corporation, for the purposes aforesaid, may take and hold real estate, not exceeding in value one hundred and fifty thousand dollars, and their whole capital stock shall not exceed two hundred thousand dollars. [1849, 185.] March 19, 1850. Chap. 93. AN ACT to extend the time for paying in the Capital Stock of the Worcester County Bank. Time extended to Be it enacted, &c., as follows : SECTION 1. The time for paying in the capital stock of the Worcester County Bank, is hereby extended to the first day of August next. SECTION 2. This act shall take effect from and after its passage. March 19, 1850. Chap. 94. AN ACT to incorporate the Revere Mutual Fire and Marine Insurance Corporators. 1851, 2. In Boston. 20 years. Powers and duties. No marine pol icy to issue, till Be it enacted, &c., as follows: Company. SECTION 1. Levi A. Dowley, Otis Rich, Peter Dunbar, their associates and successors, are hereby made a corporation, by the name of the Revere Mutual Fire and Marine Insurance Company, in the city of Boston, for the term of twenty years, for the purpose of making maritime loans and insurance against maritime losses, and insurance against losses by fire, on the principle of a mutual insurance company; and for this purpose shall have all the powers and privileges, and be subject to all the duties, restrictions, and liabilities, set forth in the thirty-seventh and forty-fourth chapters of the Revised Statutes, and all statutes subsequently passed relating to mutual insurance companies, so far as the same are applicable to the corporation hereby created. SECTION 2. No marine policy shall be issued until appli$100,000 applied cation shall have been made for marine insurance, for the for to be insured. sum of one hundred thousand dollars; and no division of No division of any funds, received by, or remaining in, the hands of said tion of charter. Company, shall be made among the stockholders thereof, until the expiration of their charter; but such funds shall be invested in the manner now authorized by law. funds till expira [1851, 2.] March 19, 1850. |