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Powers and duties.

To continue till 1875.

Powers and duties.

Corporations,

when not entitled

the president, directors and company of the Adams Bank, in Adams; the president, directors and company of the Appleton Bank, in Lowell.

And the said corporations, respectively, shall be entitled to all the powers and privileges, and shall be subject to all the duties, liabilities, requirements and restrictions, contained in such acts as are now in force, and to such other acts as may hereafter be passed by the general court, in relation to banks and banking.

SECTION 2. The several corporations hereinafter named, which by their respective charters, have been heretofore incorporated and established at the several places named herein, be and the same are hereby continued corporations, for the purposes of banking, until the first day of January, which shall be in the year one thousand eight hundred and seventy-five, notwithstanding any limitation in their respective charters of incorporation to the contrary, viz. :—

The president, directors and company of the Atlas Bank, in Boston; the president, directors and company of the Suffolk Bank, in Boston; the president, directors and company of the Market Bank, in Boston; the president, directors and company of the Mechanics' Bank, in Worcester; the president, directors and company of the Quinsigamond Bank, in Worcester; the president, directors and company of the Concord Bank, in Concord; the president, directors and company of the Merrimack Bank, in Haverhill; the president, directors and company of the Randolph Bank, in Randolph; the president, directors and company of the Mechanics' Bank, in Newburyport; the president, directors and company of the Charles River Bank, in Cambridge; the president, directors and company of the Dorchester and Milton Bank, in Dorchester; the president, directors and company of the Ocean Bank, in Newburyport; the president, directors and company of the Mahaiwe Bank, in Great Barrington; the president, directors and company of the Andover Bank, in Andover; the president, directors and company of the Cabot Bank, in Chicopee; the president, directors and company of the Machinists' Bank, in

Taunton.

And the said corporations, respectively, shall be entitled to all the powers and privileges, and shall be subject to all the duties, liabilities, requirements and restrictions, contained in such acts as are now in force, and to such acts as may hereafter be passed by the general court, in relation to banks and banking.

SECTION 3. If there be, on the part of the stockholders, to the benefits of or any of them, any remonstrance against the continuance of any of the said corporations, the said remonstrance shall

this act.

be made in writing, to the several cashiers of such banks, on or before the first day of January, in the year one thousand eight hundred and fifty-one; and no one of the said corporations, whereof persons, so objecting, legally represent one-fourth part of the capital stock, shall be entitled to the benefit of this act.

commissioners'

powers.

SECTION 4. The bank commissioners shall exercise the Extent of bank same powers over those banks chartered in the year one thousand eight hundred and forty-nine, and subsequent thereto, that they do over those whose charters expire in the year one thousand eight hundred and fifty-one.

SECTION 5. This act shall take effect from and after its passage. April 16, 1850.

AN ACT to incorporate the Ladies' American Home Education Society Chap. 211 and Temperance Union.

Be it enacted, &c., as follows:

SECTION 1. Sarah Hayward, Susan B. Holway, Frances Corporators. S. Kettelle, and Ruth Severance, their associates and successors, are hereby made a corporation, by the name of the Ladies' American Home Education Society and Temperance Union, to be established in Boston, in the county of Suffolk, In Boston. for the purpose of establishing a home and a school to aid in Purpose. the support and education of indigent youth; with all the powers and privileges, and subject to all the duties, restric- Powers and tions and liabilities, set forth in the forty-fourth chapter of the Revised Statutes.

duties.

al estate.

SECTION 2. Said corporation may receive and take by Real and personpurchase, grant, devise, bequest or donation, any real or personal property, and hold the same for the purposes aforesaid, and may manage and dispose of the same, according to their discretion: provided, that the whole amount of the Proviso. real and personal property held and possessed by the said corporation, shall not exceed in value, at any one time, the sum of fifty thousand dollars.

[1849, 180.]

April 16, 1850.

AN ACT to extend the time for locating and constructing the Dorchester Chap. 214

and Milton Extension Railroad.

Be it enacted, &c., as follows:

tion extended one

year.

SECTION 1. The time fixed for filing the location of the Time to file locarailroad, specified in the fourth section of an act entitled "An Act to incorporate the Dorchester and Milton Extension Railroad Company," approved on the first day of May, in the year one thousand eight hundred and forty-nine, is hereby extended for the term of one year beyond the time limited in said act.

Time for comple

tended one year.

SECTION 2. The time fixed in said act for constructing tion of road ex- and completing said railroad, is also hereby extended for the term of one year beyond the time limited in said act. SECTION 3. This act shall take effect from and after its passage.

[1854, 421.]

April 17, 1850.

Chap. 215 AN ACT to authorize the County Commissioners of Berkshire County to pay expenses of a certain Highway in Franklin County.

Highway de

scribed.

Be it enacted, &c., as follows:

The county commissioners of Berkshire county are hereby authorized and empowered to allow, and cause to be paid, from the treasury of the county of Berkshire, to the county of Franklin, such portion as they shall deem just and equitable, of the expense of building any highway or county road which may be laid out and ordered to be built, within three years from the passage of this act, by the county commissioners of Franklin county, from the bridge across the Deerfield River, next below the dwelling-house of Erastus Rice, upon the easterly side of, and near said river, in said Franklin county, to a point near the said dwelling-house of Erastus Rice, upon said easterly side of the Deerfield River, and of a bridge across said river, at that point; and the authority of the county commissioners of the county of Berkshire, is hereby made as ample in the premises, as if said highway was situated in said Berkshire county.

[1853, 324.]

April 17, 1850.

[1837, 229; 1840, 35; 1841, 60; 1847, 234, 278; 1848, 314; 1849, 204.]

Chap. 216 AN ACT in addition to an Act to preserve the Harbor of Boston, and to

Portion of the line altered.

No wharf, &c., to be extended be

prevent encroachments therein.

Be it enacted, &c., as follows:

SECTION 1. That part of the line of Fore Point Channel, in Boston harbor, established by the act of April nineteenth, in the year one thousand eight hundred and thirty-seven, and which is therein described as running from "the east angle of Wales' wharf, straight to the east corner of Russia wharf, and thence to the south angle of Fort Hill wharf, and by the end of the wharf to the east corner thereof, and thence straight to the south corner of Arch wharf," is hereby altered, and the line of that part of the harbor shall hereafter run, and is hereby established as follows, that is to say, it shall begin at the aforesaid east angle of Wales' wharf, and run straight to the south corner of said Arch wharf.

SECTION 2. No wharf, pier, building, or incumbrance of yond the line any kind, shall ever hereafter be extended beyond the said line herein established, into or over the tide water in said harbor.

herein

lished.

estab

line not to be en

SECTION 3. No person shall enlarge any wharf or pier Wharves now on which is now erected on the inner side of said last named the inner side of line, further towards the said line than the same now stands, larged. or might have been lawfully enlarged or extended, before the passing of this act, without leave first obtained from the legislature.

SECTION 4. This act shall take effect from and after its passage.

April 17, 1850.

[1850, 216, 317; 1851, 254; 1853, 385.]

Chap. 217

AN ACT to incorporate the Monument Mills.

Be it enacted, &c., as follows:

SECTION 1. Asa C. Russell, Edward P. Woodworth, Corporators. Loring G. Robbins, their associates and successors, are hereby made a corporation, by the name of Monument Mills, for the purpose of manufacturing cotton and woolen cotton and woolgoods, or either, in the town of Great Barrington, in the n goods. county of Berkshire; with all the powers and privileges, rington. and subject to all the duties, restrictions and liabilities, set Powers and forth in the thirty-eighth and forty-fourth chapters of the duties.

Revised Statutes.

en

In Great Bar

SECTION 2. Said corporation may, for the purposes afore- Real estate. said, hold real estate not exceeding in amount fifty thousand

dollars, and the whole capital stock shall not exceed one Capital stock. hundred thousand dollars.

SECTION 3. No shares in the capital stock of said corpo- Value of shares. ration shall be issued for a less sum or amount, to be actu

ally paid in on each, than the par value of the shares which shall be first issued.

SECTION 4. This act shall take effect from and after its passage.

April 18, 1850.

Chap. 219

AN ACT to incorporate the American Paper Folding Company. Be it enacted, &c., as follows:

SECTION 1. James H. Gray, James Barnes, and Henry Corporators. W. Adams, their associates and successors, are hereby made a corporation, by the name of the American Paper Folding Company, for the purpose of manufacturing machines for Machines for folding and pressing paper; and for this purpose shall have folding paper. all the powers and privileges, and be subject to all the duties, Powers and liabilities and restrictions, set forth in the thirty-eighth and duties. forty-fourth chapters of the Revised Statutes.

SECTION 2. Said corporation may hold, for the purposes Real estate. aforesaid, real estate not exceeding the amount of twenty thousand dollars, and the whole capital stock of said corpo- Capital stock. ration shall not exceed one hundred thousand dollars: pro- Proviso. rided, that no shares in the capital stock of said corporation shall be issued for a less amount, to be actually paid in on each, than the par value of the shares which shall be first issued. April 22, 1850.

Chap. 220 AN ACT to incorporate the Bennington and Bridgeport Telegraph Com

Corporators.

Be it enacted, &c., as follows:

pany.

SECTION 1. Solomon L. Russell, William E. Brayton, John Walker, their associates and successors, are hereby made a corporation, by the name of the Bennington and Bridgeport Telegraph Company, for the purpose of constructing and using lines of telegraph within this Commonwealth, with liberty to connect with other lines of telegraph; subject to all the duties, liabilities, and restrictions, set forth in an act entitled "An Act concerning electric telegraph companies and electric telegraphing," passed on the ninth day of April, in the year one thousand eight hundred and forty-nine.

Capital stock. SECTION 2. The capital stock of said company shall not Value of shares. exceed one hundred thousand dollars, and no shares thereof shall be issued for a less sum or amount, to be actually paid in on each, than the par value of the shares which shall be first issued.

Chap. 221

Corporators.

Monument on battle-ground, at Lexington.

Powers and duties.

Real and personal estate.

Proviso.

April 22, 1850.

AN ACT to incorporate the Lexington Monument Association.
Be it enacted, &c., as follows:

SECTION 1. Abijah Harrington, Philip Russell, and William Stevens, with their associates and successors, are hereby made a corporation, by the name of the Lexington Monument Association, for the purpose of erecting a suitable monument on the battle-ground in the town of Lexing ton, in the county of Middlesex; with all the powers and privileges, and subject to all the duties, restrictions and liabilities, set forth in the forty-fourth chapter of the Revised Statutes, so far as they are applicable to corporations of this character.

SECTION 2. Said corporation may receive and hold, by
gift, grant, or devise, real and personal estate not exceeding
in value the sum of twenty thousand dollars: provided, the
same be applied exclusively to the erection of a monument,
or to the purchasing, fencing, or ornamenting the grounds
around the same.
SECTION 3.
passage.

This act shall take effect from and after its
April 22, 1850.

Chap. 222 AN ACT to authorize Philip A. Locke and others to build and extend

In South Boston.

Be it enacted, &c., as follows:

Wharves.

Philip A. Locke, Samuel Leeds, Ebenezer Stevens, John S. Kimball, and Josiah Dunham, proprietors of flats situated on the northerly shore of that part of Boston known as South Boston, between the lands belonging to the city of

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