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SECTION 2. The additional stock aforesaid, when paid Liable to tax, &c. into said bank, shall be subject to the like tax, regulations, restrictions, and provisions, to which the present capital stock of said corporation is now subject.

retary of the

SECTION 3. Before said corporation shall proceed to do Certificate to secbusiness on said additional capital, a certificate, signed by Commonwealth. the president and directors, and attested by the cashier, under oath, that the same has been actually paid into the said bank, shall be returned into the office of the secretary of the Commonwealth.

SECTION 4. This act shall take effect from and after its
May 20, 1851.

passage.

AN ACT to authorize the First Congregational Society in Lynnfield to Chap. 187

sell certain Real Estate.

Be it enacted, &c., as follows:

SECTION 1. The First Congregational Society in the town May sell the parof Lynnfield are hereby authorized to sell, through their sonage, &c. present committee, or such committee as may hereafter be appointed at a meeting called for that purpose, all their right and title in and to a certain lot of land lying in said Lynnfield, and known as the parsonage lot, containing about five acres, more or less, and bounded on lands of Ebenezer Parsons and the estate of the late Mathew Cox, deceased; and the treasurer of the said parish, or his successor in office for the time being, is hereby authorized to execute and deliver such deed as may be necessary to convey their said right and title to the same, when so directed by the said committee.

used or invested.

SECTION 2. The proceeds of the sale of the said land shall Proceeds, how be used or invested as the said parish shall by vote direct. SECTION 3. This act shall take effect from and after its passage.

[1836, 121; 1850, 210.]

May 20, 1851.

Chap. 188

AN ACT relating to the Powow River Bank.

Be it enacted, &c., as follows: SECTION 1. So much of the act passed on the sixteenth In Salisbury. day of April, in the year one thousand eight hundred and fifty, entitled "An Act in relation to the renewal of bank charters and to bank commissioners," as purports to renew and continue the charter of the Powow River Bank, in Amesbury, shall be construed and deemed to intend the Powow River Bank, in Salisbury.

SECTION 2. This act shall take effect from and after its passage. May 20, 1851.

[1850, 67.]

Chap. 191 AN ACT to amend an Act incorporating the Massachusetts Fire and Marine Insurance Company.

1850, 67. amended.

When marine policies may be issued.

Be it enacted, &c., as follows:

SECTION 1. The first section of an act entitled "An Act to incorporate the Massachusetts Fire and Marine Insurance Company," passed on the eleventh day of March, in the year one thousand eight hundred and fifty, is hereby amended by inserting therein, after the words "maritime losses," the words "on the principle of a mutual insurance company."

SECTION 2. No marine policy shall be issued by said company, until application shall have been made for marine. insurance for the sum of one hundred thousand dollars; Division of funds, and no division of any funds received by or remaining in the hands of the said 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.

Repeal.

SECTION 3. The second section of the above-named act, of which this act is in amendment, is hereby repealed.

May 20, 1851. Chap. 192 AN ACT better to establish the Line between the Towns of Hancock and

Boundary line

Chap. 194

$50,000 additional capital stock.

Proviso.

Liable to tax, &c.

Certificate to sec

retary of the Commonwealth.

Be it enacted, &c., as follows :

New Ashford.

The following is hereafter to be considered the boundary line between the towns of Hancock and New Ashford, viz. : beginning at the north-west corner of the town of Lanesborough, thence running north, seventy-one degrees west, two hundred and forty-one rods; thence north, nineteen degrees east, to Williamstown line.

[1835, 66; 1849, 217.]

May 20, 1851.

AN ACT to increase the Capital Stock of the Lee Bank.
Be it enacted, &c., as follows:

SECTION 1. The president, directors and company of the Lee Bank, in Lee, are hereby authorized to increase their present capital stock by an addition thereto of fifty thousand dollars, in shares of one hundred dollars each, which shall be paid in such instalments as the president and directors of the said bank may determine: provided, that the whole amount shall be paid in on or before the last day of April in the year one thousand eight hundred and fifty-two.

SECTION 2. The additional stock aforesaid, when paid into the said bank, shall be subject to the like tax, regulations, restrictions, and provisions, to which the present capital stock of the said corporation is now subject.

SECTION 3. Before the said corporation shall proceed to do business on the said additional capital, a certificate, signed

by the president and directors, and attested by the cashier, under oath, that the same has been actually paid into the said bank, shall be returned into the office of the secretary

of the Commonwealth.

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

[1853, 221; 1857, 212.]

[1848, 158; 1850, 154, 210.]

May 21, 1851.

AN ACT to increase the Capital Stock of the Mechanics' Bank.

Be it enacted, &c., as follows:

Chap. 195

tional capital

SECTION 1. The president, directors, and company, of the $150,000 addiMechanics' Bank, in Worcester, are hereby authorized to stock. increase their present capital stock by an addition thereto of one hundred and fifty thousand dollars, in shares of one hundred dollars each, which shall be paid in such instalments as the president and directors may determine: provided, Proviso. that the whole amount shall be paid in before the first day of May, in the year one thousand eight hundred and fifty-two. SECTION 2. The additional stock aforesaid, when paid Liable to tax, &c. into the said bank, shall be subject to the like tax, regulations, restrictions, and provisions, to which the present capital stock of the said corporation is now subject.

retary of the

SECTION 3. Before the said corporation shall proceed to Certificate to seedo business on said additional capital, a certificate, signed Commonwealth. by the president and directors, and attested by the cashier, under oath, that the same has been actually paid into the said bank, shall be returned into the office of the secretary of the Commonwealth.

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

May 21, 1851.

[1853, 224.]

[1844, 172; 1848, 223.]

AN ACT to provide additional Railroad Accommodations for the Town of Chap. 196 Wilmington and the Vicinity.

Be it enacted, &c., as follows:

repealed.

SECTION 1. The ninth section of an act approved by the 1844, 172, § 9. governor on the sixteenth day of March, in the year one thousand eight hundred and forty-four, entitled "An Act to establish the Boston and Maine Railroad Extension Company," is hereby repealed.

ions repealed.

SECTION 2. So much of the eighth section of chapter two Further provis hundred and twenty-three of the laws of the year one thousand eight hundred and forty-eight, incorporating the Salem and Lowell Railroad Company, as provides that the cars of the said corporation shall not be permitted to stop for the purpose of receiving or delivering passengers or merchandise,

Proviso.

Chap. 197

$50,000 additional capital stock.

Proviso.

Liable to tax, &c.

Certificate to sec

monwealth.

at any point upon their track within one mile of the Boston and Maine Railroad, is hereby repealed.

SECTION 3. Nothing in this act contained shall be so construed as to authorize the cars of the said Boston and Maine Railroad Company, or of any other corporation or person, to be drawn from said last mentioned road over the road of said Salem and Lowell Railroad Company, or the cars of the said Salem and Lowell Railroad Company, or of any other corporation or person, to be drawn from said last mentioned road over the road of the said Boston and Maine Railroad Company. May 21, 1851.

[1824, 135; 1826, 125; 1830, 58, 89; 1836, 91; 1844, 69; 1849, 217.] AN ACT to increase the Capital Stock of the Fall River Bank. Be it enacted, &c., as follows:

SECTION 1. The president, directors, and company, of the Fall River Bank, in Fall River, are hereby authorized to increase their present capital stock, by an addition thereto of fifty thousand dollars, and the said addition shall be made by increasing the par value of the shares in said bank from seventy-five dollars to eighty-seven dollars and fifty cents each, and shall be paid in such instalments as the president and directors shall determine: provided, that the whole shall be paid in before the first day of May, in the year one thousand eight hundred and fifty-two.

SECTION 2. The additional stock aforesaid shall be subject to the like tax, regulations, restrictions, and provisions, to which the present capital stock of the said corporation is now subject.

SECTION 3. Before said corporation shall proceed to do retary of Com- business on said additional capital, a certificate, signed by the president and directors, and attested by the cashier, under oath, that the same has been actually paid into said bank, shall be returned into the office of the secretary of the Commonwealth.

SECTION 4. This act shall take effect from and after its passage. May 21, 1851.

[1815, 88; 1821, 6; 1830, 58, 142; 1849, 217.]

Chap. 198 AN ACT to increase the Capital Stock of the Bedford Commercial Bank ̧ Be it enacted, &c., as follows:

$200,000 additional capital stock.

Proviso.

SECTION 1. The president, directors, and company, of the Bedford Commercial Bank, in New Bedford, are hereby authorized to increase their present capital stock, by an addition thereto of two hundred thousand dollars, in shares of one hundred dollars each, which shall be paid in such instalments as the president and directors of said bank may determine provided, that the whole amount shall be paid

in before the first Monday in April, in the year one thousand eight hundred and fifty-two.

SECTION 2. The additional stock aforesaid, when paid Liable to tax, &c. into said bank, shall be subject to the like tax, regulations, restrictions, and provisions, to which the present capital stock of the said corporation is subject.

retary of the

SECTION 3. Before said bank shall proceed to do business Certificate to secupon said additional capital, a certificate, signed by the Commonwealth. president and directors, and attested by the cashier, under oath, that the same has been actually paid into said bank, shall be returned into the office of the secretary of the Commonwealth.

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

[1836, 251; 1845, 53; 1849, 121, 217.]

May 21, 1851.

AN ACT to increase the Capital Stock of the Freeman's Bank. Be it enacted, &c., as follows:

Chap. 199

al capital stock.

SECTION 1. The president, directors, and company, of the $50,000 additionFreeman's Bank, in Boston, are hereby authorized to increase their present capital stock, by an addition thereto of fifty thousand dollars, in shares of one hundred dollars each, which shall be paid in such instalments as the president and directors of the said bank may determine: provided, that Proviso. the whole amount shall be paid in before the first Monday in April, in the year one thousand eight hundred and fifty-two.

SECTION 2. The additional stock aforesaid, when paid Liable to tax, &c. into the said bank, shall be subject to the like tax, regulations, restrictions, and provisions, to which the present capital stock is subject.

SECTION 3.

retary of the

Before the said bank shall proceed to do Certificate to secbusiness upon such additional capital, a certificate, signed by Commonwealth. the president and directors, and attested by the cashier, under oath, that the same has been actually paid into the said bank, shall be returned into the office of the secretary of the Commonwealth.

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

May 21, 1851.

[1853, 202; 1854, 170.]

[1836, 192; 1847, 151; 1849, 217.]

AN ACT to increase the Capital Stock of the Lancaster Bank.

Be it enacted, &c., as follows:

Chap. 200

al capital stock.

SECTION 1. The president, directors, and company, of the $25,000 additionLancaster Bank, in Lancaster, are hereby authorized to increase their present capital stock, by an addition thereto of twenty-five thousand dollars, in shares of one hundred dollars each, which shall be paid in such instalments as the

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