2. And be it enacted, That this act shall take effect imme

diately.

Approved March 21, 1860.

Capital stock

may be increased.

be enforced.

CHAPTER CLXXVI.

A supplement to the act entitled "An act to incorporate the New Jersey Steamboat Company," approved March second, eighteen hundred and fifty-four.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the New Jersey Steamboat Company are hereby authorized and empowered to increase their capital stock to one million dollars, to be subscribed in such manner and at such time or times as the directors of the said company may deem expedient and proper.

d

Payment may 2. And be it enacted, That the board of directors shall have the same power and authority to call and enforce the payment from the subscribers of the increased capital stock hereby authorized, as is contained in the act to which this is a supplement, in relation to the capital stock thereby authorized.

Limitation.

3. And be it enacted, That this act shall continue in force for thirty years, unless sooner modified or repealed, and that the legislature may at any time hereafter alter, amend or repeal the same.

Approved March 21, 1860.

CHAPTER CLXXVII.

A further supplement to an act entitled, "An act to incorporate the city of Paterson," approved March nineteenth, eighteen hundred and fifty-one.

commission

ward.

1. BE IT ENACTED by the Senate and General Assembly of No. of school the State of New Jersey, That "the Board of Education of ers from each the city of Paterson" shall consist of two school commissioners from each ward of the city of Paterson, instead of three as heretofore, to be elected at the time and in the manner specified in the act of the legislature of this state, approved March sixth, eighteen hundred and fifty-six, and entitled "A further supplement to an act entitled 'An act to incorporate the city of Paterson,' approved March nineteenth, in the year of our Lord one thousand eight hundred and fifty-one.

Terms of office of commis

2. And be it enacted, That one of the said two school commissioners from each ward, elected at the next charter elec- sioners. tion in said city of Paterson, shall hold his office for one year, and the other of said school commissioners shall hold his office for two years; that at the first regular meeting of the said board of education held after such election, the said two commissioners from each ward shall determine and decide by lot between themselves which of them shall hold his office for one year, and which of them for two years; and if from absence or any other cause they shall fail to make such determination, the same shall be made for them by lot, by the president or any member of the board to be designated by the board for that purpose; and every such determination and decision shall be entered upon the minutes, and be valid and binding; and at every charter election thereafter held in the said city of Paterson, but one school commissioner shall be elected in each ward of said city, who shall hold his office for two years.

President to have casting vote.

Part of former act repealed.

3. And be it enacted, That at any regular meeting of the said board of education, the superintendent of public schools, sitting as president of said board, shall have the casting vote upon all resolutions or questions before said board, upon which the said school commissioners shall be equally divided. 4. And be it enacted, That all acts and parts of acts inconsistent with the provisions of this act, be and the same are hereby repealed.

5. And be it enacted, That this act shall take effect immediately.

Approved March 21, 1860.

Company au thorized to construct

branch road.

CHAPTER CLXXVIII.

A further supplement to an act entitled, "An act to incorporate the Hackensack and New York Railroad Company," passed March fourteenth, eighteen hundred and fifty-six.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That said company be and they are hereby authorized and invested with all the rights and powers necessary and expedient to survey and construct a branch railroad, from some suitable point in the line of said Hackensack and New York Railroad, to some point at or near the village of Lodi, in the county of Bergen, with all the rights and privileges and subject to all the provisions of the act to 'which this is a supplement.

2. And be it enacted, That said company be and they are

strictions.

hereby invested with the same powers in and for the construc- Powers and retion of the said branch railroad, and subject to the same restrictions in all things as if the same were part of the road authorized to be constructed by the act to which this is a supplement.

3. And be it enacted, That this act shall take effect immediately.

Approved, March 21, 1860.

CHAPTER CLXXIX.

AN ACT to incorporate the Broad Street Railroad Company.

porators.

1. BE IT ENACTED by the Senate and General Assembly of Names of cor the State of New Jersey, That Silas H. Kitchell, Adolphus W. Waldron, Andrew Lemassena, James J. Terhune, James F. Bond, William W. Pollard, Theodore Runyon, Daniel Blauvelt, junior, Joseph Hanson, and Joseph P. Bradley, and such other persons as may hereafter be associated with them, shall be and they are hereby ordained, constituted, and declared a body corporate and politic, in fact and in law, by the name of "the Broad Street Railroad Company," and shall be capable of purchasing, holding, and conveying any lands, tenements, goods, and chattels necessary and proper for the objects of the corporation.

2. And be it enacted, That the amount of the capital stock Amount of

capital stock.

Commissioners to receive

of said company shall be fifty thousand dollars, and shall be divided into shares of fifty dollars each, which shall be deemed personal property and transferable in such way as said corpotion shall by their by-laws direct.

3. And be it enacted, That the above named persons, or a subscriptions. majority of them, shall be commissioned to open books to receive subscriptions to the capital stock of said company, at such time or times, and place or places as they, or a majority of them, may think proper, giving at least twenty days' notice of the same in two of the newspapers published in the city of Newark; and at the time of subscribing for said stock, ten per centum shall be paid upon the amount subscribed for to the commissioners, or some one of them, and as soon as the sum of twenty thousand dollars of the capital stock is subscribed for and paid in, such commissioners shall give notice for a meeting of the stockholders, to choose eleven directors, a majority of whom shall be chosen from the above named commissioners, and shall be residents of this state; and such election shall be made, at the time and place appointed, by such of the stockholders as shall attend for that purpose, either in person or by proxy, each share of the capital stock entitling the holder thereof to one vote; and the said above named persons, or any three of them, shall be the inspectors of the first election of directors of said corporation, and shall certify under their hands the names of those persons duly elected, and deliver over the subscription books and money paid in, deducting all expenses previously incurred, to the said directors; and the time and place of holding the first meeting of said directors shall be fixed by the said persons named in the first section of this act, or a majority of them; and the directors chosen at such meeting, or at the annual election of said corporation, shall, as soon as may be, after every election, choose out of their own number, a president, who shall be a resident of this state; and in case of the death, removal, or resignation of the president or any director, such vacancy or vacancies may be filled for the remainder of the year in which they may happen, by the said board of directors, or a majority of them;