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out and shown for the general satisfaction of the stockhold.
Sec. 18. And be it enacted, That each Director and Secretary shall, before he enters on the duties of his office, take and subscribe to the following oath or affirmation, (as the Oath of officers. case may be) “ 1,
do swear, (or affirm) that I will faithfully execute the duties of agreeably to the provisions of the act, entitled " An act to incorporate the Jersey City Marine and Fire Insurance Company in the county of Bergen,” and the trust reposed in me, to the best of my skill and understanding.”
Sec. 19. And be it enacted, That the said company shall cause to be kept at their office, proper books of account; in Books of acc'nt. which shall be fairly and truly entered, all the transactions always open to
inspection. of the company; which books shall be at all times open for the inspection of the stockholders.
Sec. 20. And be it enacted, That this act shall continue in force for the space of thirty-one years; but it shall and may be lawful for the Legislature, at any time hereafter, to alter, amend, or repeal the same.
Sec. 21. And be it enacted, That the said company shall pay into the treasury of this state, one-quarter of one per Per cen!um to be centum per annum, on the capital stock paid in, to commence paid to the state. three years after the said company shall go into operation; which amount shall be paid in under the oath or affirmation of the President and Secretary thereof.
Passed February 28, 1835.
AN ACT authorizing trustees to sell and convey certain
real estate late of William Biles, deceased. WHEREAS, it is represented to the legislature, by the adminis
trators, and by the widow and guardian of the children of
land; and on the east by the feeder of the Delaware and Raritan Canal; leaving a widow and six minor children; that the said premises are incumbered by mortgages to a large amount, and other debts, which after exhausting the personal estate of said decedent, yet remain unpaid, which with the perishable nature of the property, renders it desirable for the interest of all parties concerned, that the property be disposed of immediately; Therefore,
Sec. I. BE IT ENACTED by the Council and General Assembly of this state, and it is hereby enacted by the authority of the same, That Elias Ely and Lewis S. Coryell, be, and they are appointed trustees, with full power and authority to sell
all the share, right, title and interest, of, and in the said two
sell lots of land, with the appurtenances whereof the said Willands of W. Biles, deceased. liam Biles, died seized, for the highest and best price that
can be reasonably obtained for the same, and upon receipt of the purchase money therefor, to make, execute and deliver to the purchaser or purchasers thereof, good and sufficient deeds of conveyance for the same, which deeds shall convey to, and vest in, the said purchaser or purchasers, all the estate, right, title, and interest, which the said William Biles, at the time of his decease, had of, in, and to the said promises so sold.
Sec. 2. And be it enacted, That the said trustees, within six months after making such sale or sales, shall make, subscribe and exhibit, under oath or affirmation, to the surrogate of the county of Hunterdon, a fair and correct state
ment of such sale or sales, which shall be filed of record in
bles the said surrogates' office, and within one year after making to be rendered such sale or sales, shall account to the Orphans' Court of the to Surrogate.
county of Hunterdon, for the proceeds thereof, and after allowance for the expense of making such sales or sales, and such reasonable compensation as the said court shall see fit to allow said trustees for executing said trust, shall apply the net proceeds of such sale or sales, first, to pay the mortgages and liens on said property, in their
order of priority, and the residue to the payment of the
of debts and expenses of said deceased, in a due course of adproceeds of sale ministration, and the surplus, if any there be, shall be dis
tributed to the widow and children of said deceased, in the following proportions; one fifth part thereof to the said widow, and the remainder in equal portions between the six minor children of said decedent.
Sec. 3. And be it enacted, That the said trustees, before
they shall enter on the duties prescribed by this act, shall Bond to be given to Governor.
"enter into bond to the goveror of this state, with one sufficient
surety to be approved of by the surrogate of the county of Hunterdon, in such sum as he shall direct, conditioned for the faithful performance of the trust herein expressed.
Passed February 28, 1835.
Account of sales
AN ACT to authorize Eliza Meeker, widow and Adminis
tratrix of Stephen J. Meeker, deceased, to execute and de-
County of Essex.
ship of Newark, in the county of Essex, did, on or about
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 Eliza Meeker, widow and administratrix Administratrix of Stephen J. Meeker, late of the township of Union, in the of S. J. Meeker,
dec'd, empowercounty of Essex, be, and she is hereby authorized and em- ed to convey powered to make a deed of conveyance unto the said Wil. lands. liam B. Woodruff, and to his heirs and assigns, for the lot of land and the appurtenances, situated on the north corner of Broad and Fair-streets, in the town of Newark, in the county of Essex, which was conveyed by the said William B. Woodruff and wife, to the said Stephen J. Meeker, by deed bearing date the first day of April, A. D. eighteen hundred and thirty-two, and recorded in the Clerk's office of the county of Essex, in book K. 3. of deeds, in pages two hundred and ninety-eight and two hundred and ninety-nine, which deed, when duly executed and delivered, shall be as good and effectual for the conveyance of the said lot of land and the appurtenances, and the vesting the title thereof in the said
William B. Woodruff, as if the same had been executed and
Passed February 28, 1835.
AN ACT to authorize Samuel Van Saun, Mary-Ann Van
Saun, and Richard Doremus, Executors of John Van Sann, deceased, to fulfil a contract with Edward Graham, for the conveyance of a certain tract of land at Preakness, in the Township of Saddle River, in the County of Ber
gen. WHRREAS, it appears that Edward Graham, of the county of
Bergen, verbally purchased of Garrabrant Van Houten, a certain tract of land, situate on the west side of the public road leading from Preakness to Samuel Crowell's, containing one acre, strict measure; AND WHEREAS, it appears that the said tract of land was, by the heirs of Garrabrant Van Houten, on the twenty-first day of No. vember, A. D. eighteen hundred and thirty-one, conveyed to John Van Saun, to secure to him, the said John Van Saun, the consideration money agreed to be paid to the heirs of the said Van Houten, by the said Edward Graham, and advanced by the said Van Saun for the said Graham; AND WHEREAS, it appears, that it was agreed between the said John Van Saun and the said Edward Graham, that the said John Van Saun should convey the said lot of land, to the said Edward Graham, as soon as he, the said Graham, should pay to the said Van Saun, the amount by him so paid, with interest for the same; AND WHEREAS, it appears, that the said John Van Saun hath since that time departed this life, without conveying the said lot; and that the executors of the said Van Saun, have joined
in petition with the said Graham, for the passage of an act, authorizing them the said executors, to convey the said lot unto the said Edward Graham; and the prayer of the petitioners appearing to be reasonable and just ; 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 Samuel Van Saun, Mary-Ann Van Saun, and Richard Doremus, executors of John Van Saun, deceased, Executors of J.
Van Saun embe, and they are hereby empowered to convey to Edward powered to con Graham, a certain lot of land, situate at Preakness, in the vey lands. county of Bergen ; which said lot was conveyed to their testator, by the heirs of Garrabrant Van Houten, deceased, by deed, bearing date the twenty-first day of November, A. D, eighteen hundred and thirty-one; upon payment to them, by the said Edward Graham, of the consideration money paid to the said executors of Van Houten, by the said John Van Saun, and all interest due upon the same; and that said deed or conveyance, so made and executed by the said executors, as aforesaid, shall be valid and effectual, to convey and vest in the said Edward Graham, his heirs and assigns, all the estate, right and title in the said land which the said John Van Saun, had in the same, at the time of his decease; Provided Proviso. always, that such deed or conveyance, shall in no ways affect the right, title or interest in the said land, of any person other than the heirs of the said John Van Saun, deceased.
Sec. 2. And be it enacted, That the said executors shall account to the Orphans' Court for the county of Bergen, for the consideration monev aforesaid, in the same manner, as for the other property of their testator.
Passed February 28, 1835. ·
AN ACT to incorporate the Morris and Sussex Manu
facturing Company, WHEREAS a number of citizens of Morris and Sussex coun
ties, have, by their petition to this legislature, represented, that they are desirous of establishing a Manufacturing Company, at or within one and a half miles of Stanhope, Preamble. in said counties, for manufacturing of cotton, wool, iron, and window sash, in their several and various branches,