New commis. sioners ap. pointed to receive sub scriptions of stock. Corporate style changed. Additional powers grant. ed. Proviso. Capital stock Robert O'Neill, George Valentine, Ebenezer Greenough, Simon Cameron, Walter C. Livingston and John A. Gamble, be and they are hereby appointed commissioners to do and perform the several things contained in the act to which this is a supplement, and the corporate name, style and title of the said company, shall hereafter be The Tangascootack Coal company;" and for the more convenient purchase, ownership, and mining of their coal, metals and minerals, contiguous thereto, in the counties of Centre and Lycoming, in this commonwealth, and the transacting of the usual business of companies engaged in the mining, transporting and selling of coals, and the other products of coal mines, the said corporation, in addition to the powers and privi leges granted by the said act, is hereby declared and made capable in law, by the said name, to sue and be sued, and generally to do and execute whatever by law shall appertain to such bodies politic: Provided, That the capital stock of said company, as authorized by this supplement, shall not exceed the sum of five hundred thousand dollars, to be divided into shares of one hundred dollars each, and be employed in purchasing and holding lands not exceeding six thousand acres, not to consist of more than six distinct and separate bodies, and in constructing buildings, vessels, boats, arks, and such other improvements and machinery as may be necessary or useful for the mining and transporting of coal, and for the general purposes of the company: And provided further, That nothing herein contained, shall be considered as in any way giving to the said company any banking or trading privileges, or any other privileges but such as shall be necessary for the mining, coking and transportation of coal, and the construction of the necessary Half of divi- buildings; and whenever the dividend of said company shall dends over 12 exceed twelve per cent. per annum, one half of such excess per cent to go shall be paid into the state treasury, for the purposes of edu cation; and the provisions of this act shall be and continue Duration of in force, until the first Monday of December, A. D. eighteen hundred and fifty-three, and no longer. and real estate limited, &c. 2d proviso. Banking privileges for bidden, &c. to education fund. charter. SECT. 2. And be it further enacted by the authority Reservation aforesaid, That the Legislature reserve the right, in the event of right to re- of the said coal company violating any of the provisions of peal. this act, or the act to which this is a supplement, or the pri vileges hereby granted to the said company, are found to be injurious to the public, to revoke, alter or amend the charter hereby granted. GEO. WOLF. APPROVED The sixth day of April, Anno Domini, eighteen hundred and thirty-three. No. 82. AN ACT For the relief of George Rees, Robert Lackey, Joseph Schnable, John Rees, R. SECT. 1. Be it enacted by the Senate and House of Repre sentatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the State Treasurer be, and he is hereby au- $40 grat. und thorized and required to pay George Rees, of the city of ann. to G. Philadelphia, Robert Lackey, of Perry county, Joseph Lackey, J. Schnable, of Berks county, John Smith, of Fayette county, Schnable, and Daniel Wertz, of York county, soldiers of the revolu- J. Smith, and tionary war, or to their respective orders, forty dollars im- D. Wertz. mediately, and an annuity of forty dollars, payable half yearly during life, to commence on the first day of January, one thousand eight hundred and thirty-three. B. Murphey. SECT. 2. And be it further enacted by the authority afore said, That the State Treasurer be, and he is hereby au- Same to C. thorized and required to pay Catharine Hartchey, of Phila- Hartchey, delphia county, Catharine Fry and Barbara Murphey, of C. Fry, and York county, widows of soldiers of the revolutionary war, or to their respective orders, forty dollars immediately, and an annuity of forty dollars during life, payable half yearly, to commence on the first day of January, one thousand eight hundred and thirty-three. SAM'L. ANDERSON, Speaker of the House of Representatives. THO'S. RINGLAND, Speaker of the Senate. APPROVED-The sixth day of April, Anno Domini, eighteen hundred and thirty-three. GEO. WOLF. No. 83. AN ACT Relating to the escheat of lands held by corporations, without the license of the commonwealth. WHEREAS it is contrary to the laws and policy of the state, for any corporation to prevent or impede the circula- Preamble. thorized cor tion of landed property from man to man, without a license from the commonwealth, and no corporation either of this state or of any other state, though lawfully incorporated or constituted, can, in any case, purchase lands within this state, either in its corporate name, or names of any person or persons whomsoever for its use, directly or indirectly, without incurring the forfeiture of said lands to this commonwealth, unless said purchase be sanctioned and authorized by an act of the legislature thereof, but every such corporation, its feoffee or feoffees, hold and retain the same, subject to be divested or dispossessed at any time by the commonwealth, according to due course of law: And whereas, it is understood that lands are now held in this commonwealth, by trustees or feoffees to the use of corporations granted by the laws of other states of the Union: And whereas, it is due to the character of this commonwealth, as an independent state, to prevent unlawful encroachments of its power and authority, and to maintain and preserve inviolate for the advantage and good of the people all her just prerogative, and to assert her right to all lands which have been, or may be forfeited, in manner aforesaid, as well in case of land held directly or indirectly, by any company incorporated by this state, or of any company incorporated by another state, if any such there are, or which may hereafter exist, as also to institute and prosecute to effect such proceedings, for estab lishing her title and authenticating her right, by solemn matter of record, to said forfeiture or escheated lands, and for recovering possession thereof, and seizing the same into the hands of the commonwealth as may be lawful, and at such time or times as the said commonwealth may deem expedient and proper. SECT. 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania, in General Assembly met, and it is hereby enacted by the authority of the same, That as often as information shall be given to the AuUpon infor ditor General that any lands within this commonwealth have mation of been alienated to, or purchased by any incorporated comlands having pany, in its corporate capacity, or in the name of trustees or been purcha- feoffees, for its use, without the license of the commonsed by unauwealth, or have come into their possession by any manner or porations, device whatever, the said Auditor General shall proceed to Aud. Gen❜l. to appoint a deputy escheator, in the county where the lands appoint a de- are situated, who shall forthwith hold an inquest, in the same puty escheat- manner and form as is prescribed by existing laws relative to escheats, and shall make report thereof, as directed by who is autho- said laws, and the said deputy escheator and all other officers rized to pro- and persons concerned, shall have like powers, be entitled ceed agreea to like fees, and be subject to the same restrictions and liably to exist- bilities, as is provided in the case of the escheat of the lands ing laws. of an individual, for the want of heirs or known kindred. or for the proper co. SECT. 2. And be it further enacted by the authority aforesaid, That if the said associations, now engaged in If corporamining, shall discontinue all their operations, under their tions engaged several acts of incorporation, within one year, then, and in in mining that case, the commonwealth does hereby release to the indi- discontinue viduals composing said associations, according to their re. operations spective interests, all the right, title and interest which the year, right of commonwealth has acquired to the real estate of said associa-escheat retions, respectively, in pursuance of the laws and statutes relinquished. lating to mortmain. AND WHEREAS, the Delaware coal company, and the North American coal company, have petitioned the Legislature, setting forth that they have embarked large capitals in the purchase of coal lands, and have expended their money liberally in the construction of rail roads, and are now extensively engaged in the business of mining and transporting coal, and that they could not, without great loss to those concerned in the business, cease their operations, and praying the Legislature, in consideration of these circumstances, to grant them a period of years sufficient to remunerate the stockholders for the heavy expenses incurred by them: And whereas, it has been represented to the Legislature that the stock in the two companies aforesaid, is now principally owned by citizens of Pennsylvania: within one Preamble to 3d section. rized to continue opera SECT. 3. And be it further enacted by the authority aforesaid, That the said Delaware coal company, and North American coal company, be, and they are hereby authorized Certain comto continue their operations, with all the powers and privile- panies authoges, and subject to all the liabilities of corporations created in this commonwealth, on the lands now held by them, under tions 3 years. their respective charters, for a period of three years, and no longer, from and after the passage of this act; before, or at the end of which period, the said companies shall dispose of the lands, and cease all operations under said charters; upon which sale, the right of this Commonwealth, by virtue of the Commonlaws and statutes relating to mortmain, shall be thenceforth wealth's released to the purchaser or purchasers, saving to all persons right released to purchasers. having prior equitable rights to the lands to be released in this, and the next preceding sections of this act, their just rights as fully as if the release of the legal title of this Commonwealth had been made to the persons justly entitled, as aforesaid: Provided however, if at any time it shall appear to Proviso. the Legislature that the operations of the said companies, or Reservation either of them, have proved injurious to the interests of the of right to community, the Legislature reserve the right to repeal this repeal. section, and annul the privileges hereby granted: Provided, 2d provisa That if at any time the officers of the two companies last Service of aforesaid, should be absent from this state, so that no process can be served on said companies, the said companies may be proceeded against by foreign attachment. 22 process. Of the fees and compen. sation of es cheators. Aud. Gen'l. to return SECT. 4. And be it further enacted by the authority afore. said, That so much of any provision of the act entitled "An act to declare and regulate escheats," and its supplements, as provide for a reward to informers of an escheat, shall not apply to any proceedings under the provisions of this act, so as to entitle any informer to such reward, but it shall be the duty of the escheator to procure the necessary evidence to substantiate the title of the Commonwealth, and to prosecute the right of the Commonwealth; who shall receive for his services the fees and compensation provided for by the several sections of said act, and its supplements. SECT. 5. And be it further enacted by the authority aforesaid, That the Auditor General shall make return of the proceedings in every case where an inquisition shall be found and returned, as aforesaid, to the Governor, to be filed in the Governor, to office of the Secretary of the Commonwealth, all which matbe laid before ters and things shall be laid by the Governor before the LeLegislature. gislature. each case to SAM'L. ANDERSON, Speaker of the House of Representatives. THO'S. RINGLAND, Speaker of the Senate. APPROVED-The sixth day of April, Anno Domini, eighteen hundred and thirty-three. GEO. WOLF. Lancaster auctioneers No. 84. A SUPPLEMENT To the act regulating Auctions in the city of Lancaster, and other towns of this commonwealth, passed on the seventh day of April, eighteen hundred and thirty-two. SEOT. 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania, in General Assembly met, and it is hereby enacted by the authority of the same, That from and after the passage of this act, if any auctioneer residing in the city of Lancaster, shall sell or &c. except in expose to sale by auction any goods, weres or merchandize original by less quantity than the entire piece, package, bale or box, as the same may have been imported or put up by the manu forbidden to sell goods, packages, &.c. |