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No. 47.

AN ACT

To vacate a portion of Schuylkill Second street, in the county of Philadelphia, and relative to the Aramingo canal.

SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania iu General Assembly met, and it is hereby enacted by the authority of the same, That

Proviso.

so much of Schuylkill Second street as laid out on the plans of the Part of Schuyl districts of Spring Garden and Penn, in the county of Philadelphia, kill Second by the respective surveyors of said districts, as lays between Parish street vacated. street, in the district of Spring Garden, and College Avenue, in the district of Penn, be, and the same is hereby vacated: Provided, That no damages shall be allowed to the city of Philadelphia for the opening of Poplar street through its property, and that the said city shall be required forthwith to open the same: And provided further, That the Commissioners of the district of Spring Garden shall have full power and authority to pitch, curb, pave, and lay the water pipes in the said Poplar street, so far as it extends through the said city property, whenever the said Commissioners shall consider the same necessary; and the cost of pitching, curbing, paving, and laying the water pipes, shall be a lien on the property fronting in said Poplar street, until paid, and the said Commissioners are hereby authorized to recover the same as district claims are now recovered by law.

SECTION 2. That the Armingo canal (formerly Gunner's Run canal), in the district of Kensington, county of Philadelphia, shall be so authorized to be Aramingo canal altered from its present position, as laid down upon the plan of the altered. eastern section of said district, as to commence at the north-eastern corner of said canal and Beach street, two hundred and eighty-five feet five inches south-eastward from Queen street, and extend thence one hundred feet in width, south twenty-nine degrees twelve and one-half minutes, east three hundred and ninety-six feet to the Delaware water line, and at right angles therewith; and said canal shall be and remain in position as thus altered and defined, any act heretofore made to the contrary, notwithstanding.

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APPROVED-The fifteenth day of February, A. D., one thousand eight

hundred and fifty-one.

WM. F. JOHNSTON.

No. 48.

AN ACT

To authorize John Mosser and Augustus Leiss to purchase certain real estate.

SECTION 1. Be it enacted by the Senate and House of Represen tatives of the Commonwealth of Penasylvania in General Assembly met, and it is hereby enacted by the authority of the same, That John Mosser, and Augustus Leiss, guardians of John, William, and Emma Scharff, minor children of Isaac Scharff, deceased, are hereby authorized and empowered to purchase from Jacob Royer, for the use of their said wards, a certain tract of land containing fifteen acres and eight perches, lying in Jackson township, Lebanon county, adjoining other real estate of said wards, at and for the sum of one hundred and four dollars per acre, and pay the same out of such moneys as may be in their hands belonging to their said wards.

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APPROVED-The fifteenth day of February, A. D., one thousand eight hundred and fifty-one.

WM. F. JOHNSTON.

No. 49.

AN ACT

To extend the time for the erection and construction of the county prison of Schuylkill county.

SECTION 1. Be it enacted by the Senate and House of Represen tatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the time for the construction of the prison in the borough of Pottsville, by the Commissioners of Schuylkill county, as required by the second section of the act entitled "An Act for the removal of the seat of Justice of the county of Schuylkill, from Orwigsburg to the borough of Pottsville," approved the eighth day of March, A. D., eighteen hun

dred and forty-eight, be, and the same is hereby extended one year beyond the time limited in the said act.

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APPROVED-The fifteenth day of February, A. D., eighteen hundred

and fifty-one.

WM. F. JOHNSTON.

No. 50.

A SUPPLEMENT

To an act entitled "An Act to incorporate the Washington Coal Company," and for other purposes.

SECTION 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 the Pennsylvania Coal Company are hereby authorized to issue, not Additional powexceeding six thousand shares, of fifty dollars each, of additional ers granted to capital of said company, for the purpose of enabling them to com- Pennsylvania Coal Company. plete their works, and to acquire and hold the property and effects now vested in the trustees of the Wyoming Coal Association, which they are hereby authorized to do so, as well as for their general business; and the eighteenth section is hereby amended so as to increase the number of directors of the said company to nine; but all the provisions now in force of the aforesaid act, relating to said company, and of the several supplements thereto, except so far as the same are hereby amended, and the proviso in the twenty-second section, which is hereby repealed, shall continue in force for twenty-five years from the time provided in said act.

SECTION 2. The said company shall be required to pay to the State Tax on capital Treasurer, for the use of the Commonwealth, a tax of one per centum stock. on the capital stock hereby created, when paid in to be paid in four instalments; the first on the first Monday of July thereafter, and the remaining instalments at intervals of twelve months each.

JOHN CESSNA,

Speaker of the House of Representatives.

BENJAMIN MATTHIAS,
Speaker of the Senate.

APPROVED The fifteenth day of February, A. D., eighteen hundred

and fifty-one.

WM. F. JOHNSTON.

Corporators.

Style.

Object.

Privileges.

Capital stock.

Elections.

No. 51.

AN ACT

To incorporate the Perkiomen Consolidated Mining Company.

SECTION 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 Richard P. Remington, Charles Macalester, George Cadwalader, John Price Wetherill, David Longenecker, John J. M'Cahen, and their associates, successors, and assigns, be, and they are hereby created a body politic and corporate, by the name, style, and title of "The Perkiomen Consolidated Mining Company," for the purpose of mining, selling, or smelting copper and lead ores, and erecting the necessary buildings and machinery for such purposes, and as such shall have power to lease or purchase the Perkiomen and Ecton mines, and certain other mines and mining lands, and all other estates of what kind soever, real, personal, or mixed, situated in the counties of Montgomery, and Chester, and the same from time to time sell, mortgage, grant, alien or dispose of, and by the same name or title to sue and be sued, plead and be impleaded, and to have a common seal, the same at pleasure to alter or renew, and to establish and execute such by-laws, rules, and ordinances, for the government of the said corporation, as shall be consistent with the Constitution and laws of the United States and of this Commonwealth, and to do all things necessary to promote the objects of this incorporation, according to the true intent and meaning thereof: Provided, That the lands held by this company shall not exceed one thousand and sixty-seven acres : And provided also, That nothing herein contained shall be construed as conferring upon said company any banking privileges.

SECTION 2. That the capital stock of said company shall be three hundred thousand dollars, which may be extended to four hundred thousand dollars, to be divided into such number of shares as the corporators in their by-laws may prescribe, or deem necessary and expedient: Provided, That the said company shall pay to the State Treasurer a tax of one per cent. on its capital stock, to be paid in annual instalments of one thousand dollars each, the first to become due and payable within one year from the issuing of letters patent.

SECTION 3. That the stock, property, and affairs of the corporation shall be managed by five directors, to be chosen annually from the stockholders. The first election shall be held in the city of Philadelphia, within thirty days after this act shall take effect, of which election public notice shall be given by three of the persons named in the first section, at least two weeks prior thereto, in two or more newspapers printed in the city of Philadelphia, and one newspaper printed in each of the counties of Montgomery and Chester; and the subsequent elections shall be held annually at such convenient time and place as the directors shall appoint, of which two weeks previous notice shall in like manner be given by the president of said company, or any two of the directors; but in the event of a failure to hold such election, the former directors shall continue in office until their successors have been duly

elected. A majority of the directors shall, when met, constitute a board for the transaction of business, and a majority of the stockholders present at any legal meeting, shall be capable of transacting the business of said meeting, each share entitling the owner thereof to one vote, but no share shall confer a right of voting which shall not have been transferred three months prior to the day of election, and held by the person in whose name it appears, either in his own right or that of his wife, for his or her sole use, or as executor, administrator, trustee, or guardian, or for the use of some co-partnership society or corporation of which he or she may be a member; and all votes by proxy shall be on such terms and conditions as are prescribed by the act passed the twenty-eighth day of March, one thousand eight hundred and twenty, entitled "An Act to regulate Proxies."

SECTION 4. That the directors shall appoint one of their number as president, to serve for one year, and shall have power to appoint all other officers and agents of the company, as occasion may require, and they shall also have power to supply vacancies arising from death, resignation, or otherwise, until the next election. It shall be their duty at all times to submit the books and accounts of the company to the inspection of the stockholders, and once in each year a statement of the accounts of the said company shall be made, by order of the directors, and submitted to the stockholders of the company.

Votes.

Officers.

Forfeiture of

SECTION 5. That whenever the corporators may deem it necessary Extension of and expedient to extend the capital stock of the company, as provided stock. for in section second of this act, it shall be the duty of the directors to call in, on thirty days' notice thereof, by publication in at least one newspaper printed in the city of Philadelphia, and one in each of the counties of Montgomery and Chester, such instalments as they may deem best, not exceeding fifty per cent. of the whole, at any one time and place appointed; and if any instalments on the stock so called in, shall remain unpaid for the space of thirty days after the times so appointed, every such stockholder, or his or her assignee, shall, in addition to the said instalment so called for, pay at the rate of one per centum per month for the delay of such payment; and if the same and additional penalty shall remain unpaid for the space of sixty days from the day upon which said instalment was declared, payable on account of such shares, the same shall be forfeited to the said company, and may be sold by public auction to the best bidder-two weeks' notice having been first given in three daily papers published in the city of Philadelphia; but the president and directors may, at their choice, cause suit to be brought before any alderman, justice of the peace, or in any court having competent jurisdiction, for the recovery of the same, together with the penalty aforesaid: Provided, That no stockholder, whether an original subscriber or assignee, shall be entitled to vote at any election or at any general or special meeting of the said company, on whose share or shares any instalments or arrearages may be due and payable more than thirty days previously to the said election or meeting.

stock.

SECTION 6. That this act shall not go into effect until at least two Governor auhundred thousand dollars shall have been subscribed for, and actually thorized to issue paid in-notice whereof shall be given to the Governor by at least certificate of inthree of the said subscribers, verified by oath or affirmation, whereupon corporation. the Governor shall immediately issue his certificate to the said company, under the seal of the Commonwealth, attested by the Secretary of the Commonwealth, that the said company have complied with the requisition of this act, and that the said company has become a corporation,

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