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.AN ACT to authorize Lucy M. Cooper, guardian of Lydia, Emma, and Caroline Cooper, and William Wade Griscom, and Sarah M. his wife, late Sarah M. Cooper, to make a sale of wood and timber, on the undivided premises of said wards, and William Wade, and Sarah M. Griscom, in the township of Deptford, in the county of Gloucester.
WHEREAs, the said Sarah M. Griscom, late Sarah M. Cooper, preamble. wife of William Wade Griscom, Lydia Cooper, Emma Cooper, and Caroline Cooper, are the owners in fee simple of a tract of woodland, in the township of Deptford, aforesaid, and whereas, it is represented by their mother and guardian above mentioned, that much of the said timber must go to decay, and much loss ensue, if it should remain uncut, until all of the said owners become of lawful age, and that it would be greatly to the interest of the said wards and children, if the said Lucy M. Cooper were authorized to make sale of a part of the wood and timber aforesaid, for their benefit; but that the same cannot be done, without the aid of a special law for that purpose—therefore, 1. BE IT ENACTED by the Senate and General Assembly of goo, ... the State of New Jersey, That the said Lucy M. Cooper, guar-timor. dian of Lydia, Emma, and Caroline Cooper, and William Wade Griscom, and Sarah M. his wife, be, and they are hereby authorized and empowered to make sale of such and so much of the wood and timber, on the premises of the above named owners, as is now fit for market; and as in the judgment of the said guardian, and William Wade and Sarah M. Griscom, it will best subserve the interest of the said owners, to convert into money and invest the net proceeds of such sales in some safe securities, drawing interest under the direction of the orphans court of the county of Gloucester; pro-revo.
vided always, that the proceeds of such sales shall descend and be divided as real estate, and not distributed as personal property. §'." 2. And be it enacted, That the said guardian shall within made. six months, after the sale aforesaid, make and exhibit under oath or affirmation, to the orphans court of the said county of Gloucester, a statement of the amount of such sales, which statement shall be recorded and filed in clerk's office aforesaid.
AN ACT to confirm the sale of the Baptist Church at Jefferson Wil. lage, in the county of Essex, to the Methodist Episcopal Society of said place.
Preamble. WHEREAs, the Methodist Episcopal Church at Jefferson Willage, in the county of Essex, was formerly owned by the Baptist Church of said Jefferson Village; and whereas, the said Baptist Church have, through their trustees, by deed dated the tenth day of July, eighteen hundred and fiftyeight, and recorded in Essex county clerk's office, in book
\ P., ten of deeds, pages three hundred and fifty-five, &c., sold and conveyed all their right, title and interest in said church to the Methodist Episcopal Society of said Jefferson Village; and whereas, it is the desire of both of said denominations that said sale and conveyance shall be con
firmed and made legal, therefore
1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the sale and conveyance, so as aforesaid made by the trustees of the Baptist Church at Jefferson Willage, of their right, title and interest in and to said church, in the above preamble mentioned, to the said Methodist Episcopal Society of Jefferson Willage, be and is hereby declared confirmed, and legal and binding upon said parties, in accordance with the terms of said sale and conveyance.
2. And be it enacted, That this act shall take effect immediately.
Approved March 22, 1860.
C H A P T E R C C X W II.
1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That George T. Cobb, Alfred M. Treadwell, Henry M. Olmstead, Nathan A. Cooper, Joseph B. Basinger, Nelson H. Drake, and Martin S. Van Ness, of the county of Morris, and their associates and successors, shall be and they are hereby constituted and appointed a
Names of corporators.
body politic and corporate, by the name of “the Morris County Agricultural Society.” societymax 2. And be it enacted, That the said society shall from time make by-laws. - - to time have power and authority to make, alter, ordain, and establish such constitution and all such by-laws and regulations as they shall deem proper for the designation of the officers of said society, and the election of the same, for prescribing their respective functions, and the mode of discharging the same, and generally for the transacting, managing, Proviso. and directing the affairs of the said society; provided, that such constitution and by-laws shall not be inconsistent with the constitution and laws of this state and of the United States. to 3. And be it enacted, That the said corporation may pur. estate. chase, use, hold, possess and enjoy such real and personal estate as they may from time to time deem necessary for the well being and to promote the interest and objects of this society, and the same or any part or parts thereof from time to time to sell, mortgage, lease or otherwise dispose of at pleasure; provided, that such real and personal estate so held shall not exceed in its cost value the sum of twenty thousand dollars. jo. 4. And be it enacted, That all land or other property which tion. may hereafter be owned or held, by lease or otherwise, by said society, and used for the purpose of promoting its objects, shall not be liable to have any taxes assessed or levied upon the same for any purpose or purposes whatsoever. 5. And be it enacted, That this act shall take effect immediately. Approved March 22, 1860.
1. BE IT ENACTED by the Senate and General Assembly of Names of cer the State of New Jersey, That Joseph Howell, Jacob Siegle, porators, William R. Beers, William Warner, James M. Andrews, John S. Bach, John Howell, Edmund Teel, John Green, John Tindall, Nelson Lake, Lewis C. Reese, Thomas J. Titus, John C. Bennett, Horace M. Norton and Charles Sitgreaves, and their associates and successors, are hereby created a body politic and corporate in law, by the name and style of “The Phillipsburg Manufacturing Company,” to be located at Phillipsburg in the county of Warren, to carry on the business of manufacturing cotton fabrics, and to dye, color, and print the same, and for that purpose the said company shall or may raise by subscription a capital stock of two hundred thousand dollars, with the privilege of increasing the same to four hundred thousand dollars, to be divided into shares of twenty-five dollars each.
2. And be it enacted, That the said corporation may pur-ow chase, possess and enjoy any such real estate, improvements,” machinery, goods and effects whatsoever, within the county of Warren, as shall be deemed necessary and advantageous to the said corporation to carry on its business, and it shall be lawful for the said corporation to sell, mortgage, lease, and otherwise dispose thereof at pleasure.
3. And be it enacted, That it shall be lawful for the afore- when com: said corporators or their successors to receive subscriptions to: the capital stock by opening books or otherwise, and as soon as twenty-five thousand dollars shall have been subscribed, and fifty per centum of that amount paid in cash, and an affidavit being made by one or more of the corporators before
any alderman or justice of the peace or judge of the court,