Proviso. continuous line with the said New York and Fort Lee Rail- Approved April 4, 1872. CHAPTER DLXXVIII. An Act to incorporate the New Brunswick Hospital. 1. BE IT ENACTED by the Senate and General Assembly of Corporators. the State of New Jersey, That Alfred Stubbs, McRae Swift, Name. Garret Conover, James Bishop, A. D. Lawrence Jewett, Theodore G. Neilson, William H. Acken, Henry L. Janeway, Richard H. Steele, John Clark, Arthur G. Ogilby, Clifford Monogh, Henry R. Baldwin, Charles Dunham, junior, John N. Taylor, George C. Ludlow, James Neilson, Woodbridge Strong, David Bishop, Lucias P. Porter, Chester D. Hartranft, Goyn D. McCoy, Henry De Hart, Abraham Voorhees, Lyle Van Nuis, and such persons as may hereafter associate with them, in such manner and upon such terms as shall be specified in their by-laws, be and are hereby constituted a body corporate and politic, by the name of "The New Brunswick Hospital," and by that name may sue and be sued in any court of law or equity, and shall be capable of taking by direct purchase or otherwise, and of holding, conveying or otherwise disposing of any real or personal estate for the uses and purposes of said corporation, but the net annual income of such estate shall not exceed fifty thousand dollars, nor be applied to any other purposes than those for which the said corporation is created. 2. And be it enacted, That the objects of the said corpo- objects. ration are to establish and maintain in the city of New Brunswick in this state, a hospital for the reception and treatment of all such persons as may require medical or surgical treatment with the privilege of a dispensary for supplying medicines. managers. 3. And be it enacted, That the members of the said cor- Election of poration at any annual meeting to be held at a time and place to be fixed by its by-laws, shall elect from their own number by ballot, a board of managers who shall hold office for one year and until their successors shall have been elected; the number constituting the board shall be fixed by its by-laws, and a majority of all votes cast shall be necessary to the election of any member of the board. 4. And be it enacted, That the board of managers shall omcers. elect from their body as soon as convenient after each annual election, a president, a vice president, a secretary and treasurer, who shall hold office for a year and until their successors shall have been elected; and for the purposes of this incorporation the persons named in the first section of this act shall constitute the first board of managers, and hold First manaoffice until the first annual meeting and until their successors shall have been elected. gers. nually physt geons. 5. And be it enacted, That the said board shall also an- May elect annually elect such and so many physicians and surgeons as clans and surthey shall deem necessary to conduct and carry out the object of the institution, but such physicians and surgeons shall always be subject to the by-laws and regulations to be from time to time made and adopted by the board. 6. And be it enacted, That the board of managers shall Powers, &c. be empowered to transact the business of the corporation, to fill vacancies in the board until the next annual election, to make by-laws for the government of their proceedings, the management and disposition of the property and concerns of the corporation, and the admission of members, and to appoint such officers, assistants and servants as they may deem necessary. 7. And be it enacted, That nine managers shall be com- Business, by petent to transact business at any meeting of the board; acted whom trans Proviso. provided, that a written or printed notice of such meeting 8. And be it enacted, That this act shall take effect imme- Approved April 4, 1872. CHAPTER DLXXIX. An Act to equalize taxation. Preamble. WHEREAS, the railroad and works of the Cape May and Millville Railroad Company and the railroad and works of the Swedesboro Railroad Company are now operated under the direction and control of the West Jersey Railroad Company; and whereas, the charters of said "The Cape May and Millville Railroad Company," "The Swedesboro Railroad Company" and "The West Jersey Railroad Company" each contain different provisions and regulations touching the payment of taxes by said several companies; and whereas, it is necessary and desirable to harmonize said charters, and to equalize the taxation of said several corporations; therefore, 1. BE IT ENACTED by the Senate and General Assembly of Act extended. the State of New Jersey, That the same regulations and pro visions touching the assessment and payment of taxes as are Railroad Company" and said "The Swedesboro Railroad 2. And be it enacted, That all acts and parts of acts in- Repeater. consistent with this act, be and the same are hereby repealed, and that this act shall take effect immediately. Approved April 4, 1872. CHAPTER DLXXX. An Act to incorporate the Crystaline Lime and Marble Com pany. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That James B. Titman, Henry N. Corporators. Beach, Andrew Derrom, John Pope and W. J. Johnson, and their associates, be and they are hereby created a body politic and corporate in fact and in law, by the name and style of "The Crystaline Lime and Marble Company," for Name. the purpose of manufacturing lime, marble, brick, tile and peat, and selling and dealing in the same; and for such purpose, the said company shall or may raise by subscription, by opening the books therefor, or otherwise, a capital stock of twenty five thousand dollars, to be divided into shares of Capital stock. one hundred dollars each, with the privilege of increasing the same from time to time, to any amount not exceeding fifty thousand dollars; and it shall be lawful for said company to issue certificates of stock, in whole or in part in payment for any real or personal property purchased or leased by said company for the purposes of their business aforesaid, and may commence business when fifty per centum of the capital stock is subscribed and paid. or personal es 2. And be it enacted, That the said corporation may pur- May hold real chase, lease, use, hold, possess and enjoy such real estate as tate, &c. they may deem necessary or expedient for the purposes of said corporation, and may sell, mortgage, lease or otherwise dispose of the same at pleasure; and may borrow money and issue bonds therefor, not to exceed at any time two thirds of Proviso. rectors. their capital stock; and may sue and be sued in all courts of law and equity; and may have and use a common seal, and may change and alter the same at pleasure; and may make such by-laws for their regulation and government as they may see proper; provided, the same are not inconsistent with the constitution or laws of the United States or of this state. Election of di- 3. And be it enacted, That the affairs and business of the said corporation shall be managed by not less than three nor more than five directors, who shall elect one of their number president, and said directors shall be stockholders in said corporation, and shall hold their office for one year, and until others are chosen to fill their places; said directors shall be elected at the annual meeting of the stockholders, to be held on such day, at such hour of the day, and at such place as the by-laws of said corporation shall direct; and until such annual election shall take place, the five persons named in the first section of this act, being stockholders, shall be directors of said corporation; a majority of the directors shall, on all occasions, when assembled at such time and place as the by-laws shall prescribe, constitute a body competent to transact business, and all business matters brought before them shall be decided by a majority of votes; and in case a vacancy shall occur in the board of directors, by death or resignation, the remaining directors, for the time being, or a majority of them, shall have power to fill such vacancy by the appointment of any stockholder. Vacancies, how filled. Failure to elect directors 4. And be it enacted, That in case it shall happen that an not to dissolve election of directors shall not be made upon the day designated for that purpose, the said corporation shall not be deemed to be dissolved, but the stockholders may proceed to hold an election for directors on any other day, such notice being given of the time and place of such election as the bylaws shall prescribe. Empowered to construct a railroad. 5. And be it enacted, That the said corporation shall be, and is hereby authorized and empowered to construct a railroad over their lands, and over contiguous lands, with consent of the owners; or if, for any reason, no agreement can be Proceedings in made for the use or purchase thereof, then a particular deand owners scription of the lands so required shall be given, in writing, cannot agree. under the oath or affirmation of some engineer or other agent case company or officer of the said company, and also the name or names of the occupant or occupants, if any there be, and of the owner |