« SebelumnyaLanjutkan »
pany, and to distribute the same among the several subscribers, in such manner as they shall think best; and give public notice in two of the daily papers published in the city of New York, and in the two public newspapers printed in the city of New Brunswick three successive weeks, of the time and place for opening the books of subscription, and shall continue the said books open till three-fourths of the stock, at least, shall be subscribed; and as soon after a majority of the stock so subscribed for as may be convenient, they shall cause the like no
President and tice to be given for the choice of directors, at such time and direct
directors to be place as they shall think proper; and they, or a majority of chosen. them, shall preside at such election, receive the ballots, and declare who, by a plurality of votes, are chosen directors, who shall thereupon be personally notified of their appointment, by the said commissioners, and who shall designate the time and place for their first meeting; and the said directors, or a majority of them, shall appoint one of their number president, and shall have power and authority to employ, hire, or contract with any and such and so many men as they shall deem best, for the purpose of cutting, raising, drying, and sending peat to market, and selling and disposing of it as they shall deem best for the interest of the company: at the time of subscription, there shall be paid, by each subscriber, the sum of five dollars on each share, to be held by the said commissioners till a good and sufficient title shall be obtained for the said peat bed, situate, lying, and being in the township of North Brunswick, in the county of Middlesex, and state aforesaid: the said president and directors shall have full power and authority to treat with, bargain, purchase, and procure from the present proprietors, or their legal representatives, a full and perfect title to the said peat bed, on the best terms they can; and in the event of their not being able to procure such title on satisfactory terms, they shall give notice of their non-agreement to the said commissioners, who shall, after deducting a ratable proportion of the expense attending the procuring of this act, and all incidental expenses, return the money, or deposit the same in the Bank of New Brunswick, to the credit of the several subscribers, according to the sums by them severally paid to the said commissioners, of which deposit they shall give the like notice as above directed.
SEC. 4. And be it enacted, That the said president and directors shall have full power and authority to call in the resi- May make due of the stock subscribed for, at such times and in such pro- by-laws. portions as they may think proper and necessary for the use of the said company: they may pass such by-laws, rules, and regulations, for the government and management of the concerns of said company as they shall think proper, not inconsistent with the laws and constitution of this state or of the United States, and shall have, exercise, and enjoy all powers necessary for carrying into effect the object of this act.
Capital not to Sec. 5. And be it enacted, That the corporation hereby crebe employed ated shall not use any part of their capital or property in carsing. rying on any banking operations.
Sec. 6. And be it enacted, That the legislature may alter, Act may be
cre modify, or repeal this act, whenever, in their opinion, the pubpealed. lic good requires it.
Passed February 8, 1833.
AN ACT respecting the sale of the real estate of Robert Young, deceased.
WHEREAS it appears to this legislature, that Robert Young, late
of Elizabethtown, in the county of Essex, and state of New Jersey, died seized of several houses and lots of land situate in Elizabethtown aforesaid, and a lot of land in the township of Union, in said county, having first made a nuncupative will, bearing date on the third day of August, in the year of our Lord one thousand eight hundred and thirty-two, which has since been duly proved by Moses Chandler, the executor thereof, before the surrogate of said county.-And WHEREAS in and by the said will, the said testator declared it to be his will, that the said executor should sell and dispose of all his estate, as he might think proper, and divide the proceeds among his children equally, share and share alike ;—and Margaret H. Young and Elizabeth V. Young, two of the children of the said testator, of full age, and Charles Davis, the guardian of James Young, Christiana Young, and Jeanette Young, the other children of the said testator, who are minors, and the said executor, having, by their memorial, represented, that the interest of all parties concerned would be greatly advanced by a speedy sale of the said houses, lots of land, and real estate, and praying the passage of a law authorizing the sale thereof, and such appearing to have been the desire and intention of the said testator-Therefore,
Sec. 1. BE IT ENACTED by the Council and General Assembly of this State, and it is hereby enacted by the authority of the
same, That Moses Chandler, the executor in the said nuncuM. Chandler
pative will named, be, and he is hereby authorized and emsell the real" powered to sell all the real estate of the said Robert Young, estate of R. deceased, and to make and execute all necessary and proper Young, doc. conveyances to the purchaser or purchasers of the same, and
to divide the proceeds thereof among the children of the said
AN ACT, to authorize Ann Wanmaker, administratrix of John Wan
maker, deceased, to fulfil a contract for the sale of a lot of land, made by the said John Wanmaker, deceased, with Cornelius J. Bogert.
WHEREAS it appears that John Wanmaker, late of the county Preamble.
of Bergen, deceased, did, in his lifetime, contract and sell, by a certain verbal contract, to Cornelius J. Bogert, a certain lot of land, situated in the township of Hackensack, in said county, containing about two acres of land, or thereabouts, and now in the possession of the said Cornelius J. Bogert, and that all the consideration money has been paid by the said Cornelius J. Bogert to the said John Wanmaker, in his lifetime; all which appearing just and reasonableTherefore,
Sec. 1. BE IT ENACTED by the Council and General Assembly of this State, and it is hereby enacted by the authority of the same, That the said Ann Wanmaker, administratrix of John Land of John Wanmaker, deceased, be, and she is hereby authorized and Wanmaker, empowered to make a deed of conveyance unto the said Cor- deceased, aunelius J. Bogert, and to his heirs and assigns, for a certain lot th
conveyed to of land, in the township of Hackensack, in the county of Ber- Cornelius J. gen, containing two acres of land, or thereabouts, now in pos- Bogert. session of the said Cornelius J. Bogert, and which the said John Wanmaker, by a certain contract, in his lifetime, agreed to convey unto the said Cornelius J. Bogert; which deed, when duly executed and delivered, shall be as good and effectual for the conveyance of the said lot of land as if the same had been made and executed by the said John Wanmaker in his lifetime.
Passed February 12, 1833.
AN ACT to incorporate the Columbia Glass Manufacturing Company.
WAEREAS it is represented, that a number of individuals have
associated together, for the purpose of establishing and car- Preamble. rying on a manufactory of window glass and all other articles of glassware incidental to a glass manufactory, at the village of Columbia, in the county of Warren, in this state, and have erected suitable and necessary buildings for the purposes of said manufactory-Therefore,
Sec. 1. BE IT ENACTED by the Council and General Assembly of this State, and it is hereby enacted by the authority of the same, That William Heyberger, C. D. William Lilliendahl,
John J. Vankirk, Frederick Salade, Jacob Beck, and all such persons as shall hereafter be associated with them for the purpose expressed in the preamble to this act, their successors and
assigns, shall be, and they are hereby incorporated, by the Style of in
name of “ the Columbia Glass Manufacturing Company," and, corporation,
by the same name, they and their successors, and assigns, are hereby constituted a body politic and corporate in law, and shall be able and capable, in law, to acquire, purchase, receive, have, hold, and enjoy any lands, tenements, and hereditaments within the said county of Warren, not exceeding in quantity five hundred acres, and in value ten thousand dollars, and goods and chattels necessary for the purposes aforesaid, and the said lands, tenements, and hereditaments, goods and chattels, or any part thereof, to sell, grant, demise, alien, and dispose of; also, to sue and be sued, plead and be impleaded, in courts of justice or any other place whatever; to make and use a common seal, and the same to alter and renew at their pleasure.
Sec. 2. And be it enacted, That the original capital stock of nt of said company shall be twenty thousand dollars, with liberty to capital stock. increase the same to any amount not exceeding, in the whole,
one hundred thousand dollars, which stock shall be divided How to be into shares of twenty dollars each, to be employed in manuemployed.
facturing glass and other articles incident to a glass manufactory, and in purchasing such lands, tenements, hereditaments, and erecting thereon such buildings, at Columbia aforesaid, and doing such other matters and things as shall be needful for carrying on a manufactory or manufactories of the said glass and other articles, as is set forth in the preamble.
Sec. 3. And be it enacted, That the stock, property, and concerns of said company shall be managed and conducted by five directors, being stockholders, one of whom to be president, who, after the first directors, herein after named, shall
hold their offices for one year, and until others are elected in Time and
ost their stead: that the first election for directors of said company ing directors. shall be held on the first Monday in May next, and annually
thereafter, at such time and place, in the village of Columbia aforesaid, as the directors for the time being shall direct, of which election public notice shall be given in all the newspapers printed in the county of Warren aforesaid, at least two weeks previous to such election; and every such election shall be by ballot, and each stockholder present, or by proxy, shall be entitled to as many votes as he shall hold shares of the capital stock of said company; and the persons, being stockholders, having the greatest number of votes, shall be the directors.
Sec. 4. And be it enacted, That a majority of the directors
for the time being shall form a board for the transaction of the Duties of disectors.
business of said company, and shall have power to ordain, establish, and put in execution such by-laws, ordinances, and regulations, not repugnant to the laws and constitution of this
e of elect
bel stock of the mace it enactorm a bhall hay
state ent for the stock, and mayy as to the prope, and shsaid comhem such
ices asanchesnathaha appran use and
state or of the United States, as shall be necessary and convenient for the government, management, and disposition of the property, stock, effects, profits, and concerns of the said company, and shall and may appoint all such officers, agents, and servants of said company as to them shall seem necessary, and allow and pay them such compensation for their services as to them shall appear just and reasonable: and in case Vacancies, any vacancy shall happen in the office of director, by death, how filled. resignation, or otherwise, the remaining directors for the time being, or a majority of them, shall have power to fill such vacancy for the remainder of the year, by the appointment of any stockholder: and the first directors shall be William Heybergher, C.D. William Lilliendahl, John J. Vankirk, Frederick Salade, and Jacob Beck, who shall hold their offices until the first Monday in May, in the year of our Lord one thousand eight hundred and thirty-three, and until others shall be elected in their stead.
Sec. 5. And be it enacted, That it shall be lawful for the directors of the said company to call and demand from the
Stock forfeitsaid stockholders, respectively, all such sums of money by die them subscribed, at such times and in such proportions as they to pay installshall deem proper, under the penalty of forfeiting the shares ments after by them respectively held, and all previous payments made notice. thereon, if such payments shall not be made within sixty days after notice requiring such payment shall have been published for that time in the public newspapers printed in the county of Warren aforesaid, and in case any stockholder shall reside in the city of New York or Philadelphia, then in one or more of the public papers printed in those cities respectively: Provided Proviso. it shall not exceed three dollars on each share subscribed, at any one time, nor at shorter periods than fifty days between the times of calling in said payments.
Sec. 6. And be it enacted, That in case at any time an elec- Corpo tion should not be made on the day specified in this act, the not dissolved corporation for that cause shall not be deemed to be dissolved, for failure of but it shall and may be' lawful to hold such election on such electing on.
day prescribother day as shall be prescribed by the by-laws and ordinances ed. of the said corporation.
Sec. 7. And be it enacted, That the stock and property of Stock to be the said company, of whatever nature or kind, shall be deemed deemed perpersonal estate, and shall be transferable in such manner as son shall be prescribed by the by-laws of the said corporation, but no transfer of stock shall be valid, unless it be entered or registered in the book or books, to be kept by the president and directors for that purpose.
Sec. 8. And be it enacted, That the directors shall at all Book open to times keep, or cause to be kept, at their office or manufactory, inspection of proper books of account, in which shall be regularly entered stockholders. all the transactions of the said company; which books shall