free access at all reasonable times, for the purpose of inspection; and that books of transfer of the stock shall also be kept, and shall be evidence of the ownership of said stock in all elections and other matters submitted to the decision of the stockholders of said corporation. 7. And be it enacted, That the said corporation hereby How dissolved created may be dissolved by a general meeting of the stockholders of the same, specially called for that purpose; provided, that at least three-fourths in value of the stockholders Proviso. shall concur therein; and upon such dissolution, the directors for the time being, and the survivors of them, or such persons as the said stockholders shall appoint, shall be trustees for settling all the affairs of the company, collecting and disposing of all its property and assets, paying its debts and dividing its surplus among the stockholders in proportion to their respective interests in the stock. ers. 8. And be it enacted, That the corporation hereby created General powshall possess the powers and be subject to the general restrictions set forth in an act entitled "An Act concerning corporations," approved on the fourteenth day of February, one thousand eight hundred and forty-six, so far as the same may be applicable. 9. And be it enacted, That this act shall take effect immediately. Approved February 8, 1872. CHAPTER XXIX. An Act to incorporate the Alden Fruit Preserving Company of Camden. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Oscar Vezin, R. H. Morris, Corporators. Edward W. Keene, and their associates and successors, are hereby made and constituted a body politic and corporate in law, by the name of "The Alden Fruit Preserving Company Name, of Camden," for the purpose of purchasing, preserving, and selling fruits, vegetables, meats, fish, &c., and for the purpose of transacting any business that may be properly connected therewith; that the factories or works of the said The Alden Fruit Preserving Company of Camden, shall be located in the county of Camden, in this state; that the capital stockCapital stock of the said company shall be twenty thousand dollars, and shall be divided into shares of one hundred dollars each. May purchase and hold real estate. How managed Directors. Failure to elect not to dissolve. Stock, how transferable. Directors to 2. And be it enacted, That the said corporation may purchase, hold, and enjoy any such real estate, and erect any such buildings thereon, and obtain and possess and enjoy any such machinery, goods and chattels as may be necessary or expedient to said corporation for carrying on its business; and whenever it shall see fit, the said corporation may sell, mortgage, lease, or otherwise dispose of the same at pleasure. 3. And be it enacted, That the business or affairs of the said corporation shall be managed by not less than three nor more than seven directors, one of whom shall be president of said corporation; and said directors shall be stockholders in said company, and shall hold their office for one year and until others shall be chosen to fill their places; that the directors shall be elected at such time and place as the by-laws of the said corporation may fix, and annually thereafter; and that until such election the associates named in this act shall be directors of said corporation; and a majority of the directors at any time shall constitute a board competent to transact business, and all business before them shall be decided by a majority of votes of those present; and in case any vacancy shall occur in the board of directors by death or resignation, the directors who may remain, or a majority of them for the time being, may appoint any stockholder to fill the said vacancy. 4. And be it enacted, That in case an election for directors shall not take place upon the day designated for that purpose by the by-laws, the said corporation shall not be dissolved, but the stockholders may proceed and hold an election at any time, upon giving ten days' notice of the time and place of holding such election. 5. And be it enacted, That the capital stock of the said corporation shall be deemed personal estate, and be transferable in such manner as may be prescribed by the by-laws of said corporation. 6. And be it enacted, That a majority of the directors for make by-laws. the time being shall have power to ordain and establish such by-laws and regulations as shall seem necessary for the management of the affairs of the said corporation; provided, Proviso. that the same shall not be contrary to the constitution of the United States or of this state. count to be 7. And be it enacted, That regular books of account shall Books of ac be kept, in which shall be entered the transactions of the kept. said corporation, and that books of transfers of the stock shall also be kept, and shall be evidence of the ownership of said stock. ers 8. And be it enacted, That the corporation hereby created General powshall possess the general powers, and be subject to the restrictions and liabilities set forth in an act entitled "An Act concerning corporations," approved the fourteenth day of February, eighteen hundred and forty-six, so far as the same are applicable. 9. And be it enacted, That this act shall take effect immediately. Approved February 8, 1872. CHAPTER XXX. An Act to incorporate the Camden Rifle Club. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey. That Anthony Kobus, Christopher Corporators. Schweinhagen, Louis Creeger, Frederick Brum, Christopher Schemner, Edward Shuster, John Pfeifer, Anthony Voll, Adam Schweinhagen, Henry Groskopf, John Welsh, G. Goetz, and their associates, successors and assigns, shall be and they hereby are created a body politic and corporate, in deed and law, by the name, style and title of the Camden Rifle Club, Name. and by that name shall have perpetual succession, and shall sue and be sued, plead and be impleaded, to purchase, receive, hold, and enjoy to them and their successors, all property of what nature or kind soever, be the same real, personal or mixed, and the same, or any part thereof, to sell, assign or otherwise dispose of for the use of said association; Proviso. Capital stock, and object. Powers. Proviso. provided, that the clear annual value of the property possessed by said association shall not exceed ten thousand dollars ($10,000.) 2. And be it enacted, That the capital stock of said association shall be fifty thousand dollars ($50,000), with power to increase the same to one hundred thousand dollars, to be divided into shares of twenty-five dollars each; and the object of said association shall be to purchase a lot of ground and erect the necessary improvements thereon, to afford to its members and others opportunities of acquiring skill in the use of the rifle, and to test the comparative merits of the various kinds of fire-arms, without prejudice to the public convenience and safety. 3. And be it enacted, That the said association shall have power to make and use a common seal, and the same to alter or renew at pleasure, and to issue certificates of stock in such form and subject to such regulations as they, from time to time, by their by-laws may prescribe, and to make such by-laws, rules and regulations as may be deemed necessary and proper for the management of their said association; provided, that no by-law, rule or regulation shall be contrary to the constitution and laws of the United States, or of this state. Approved February 8, 1872. CHAPTER XXXI. An Act incorporating the Good Will Hook and Ladder Company, of Freehold, county of Monmouth. 1. BE IT ENACTED by the Senate and General Assembly of Corporators. the State of New Jersey, That Charles Haight, Aaron R. Throckmorton, James J. Conover, George C. Hulett, Enoch L. Cowart, David S. Crater, Thomas A. Ward, Charles J. Parker, George B. Cooper, Charles F. Richardson, and all persons who now are or hereafter shall become associates of the Good Will Hook and Ladder Company, of the borough powers. of Freehold, county of Monmouth, be, and they are hereby constituted and declared to be a body corporate and politic, in fact and in law, by the name of "The Good Will Hook Name and and Ladder Company, of Freehold," and by such name they shall have succession, and be persons in law capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts of judicature whatever; and that they and their successors may have a common seal, and shall have power to make, change and alter the same at their pleasure, and by their corporate name aforesaid, and under their common seal, make, enter into and execute any contracts or agreements touching or concerning the objects of said incorporation, and shall have full power and authority to make, form and adopt such form of cons itution, and such by-laws and regulations. for their government, not inconsistent with the constitution and laws of this state or of the United States, as they shall think proper. 2. And be it enacted, That the capital stock of said com- Capital stock. pany shall not exceed the sum of ten thousand dollars ($10,000), which shall be applied to the purchase and holding of real estate, and the procuring of such implements and machines, and to such other incidental expenses as shall to the said company appear best calculated to secure the property of their fellow-citizens from injury or destruction by fire. 3 And be it enacted, That the said company shall have officers. power to elect annually, or oftener if necessary, a president, out of their own body, and such other officers and assistants as they shall deem necessary for conducting their affairs, according to their constitution and by-laws; and that the said president shall keep in his custody the common seal of said company, and at the expiration of his term of office shall deliver it over to his successor; and in their corporate name may institute suits for the recovery of all fines, debts and arrearages due the company, bers, &c. to 4. And be it enacted, That the Good Will Hook and List of memLadder Company, of Freehold, be, and they are hereby be returned. authorized to submit to the commissioners of the borough of Freehold their list of members, constitution and by-laws, and they shall be subject to such regulations as the said board of commissioners shall deem best to make, so long as they may |