filled. Vacancy, how they shall think fit; and if at any time it shall happen that any vacancy or vacancies occur, from any cause whatsoever, among the directors of said company, such vacancies shall be filled by snch person or persons as the remainder of the directors for the time being, or a majority of them shall appoint; and until other directors are chosen from the stockFirst directors holders, the first directors shall be Benjamin F. Shreve, Henry I. Budd, Barclay Haines, Henry P. Ely, M.D., Franklin C. Doughten, and Richardson S. Reeve, who shall hold their offices until the first Monday in May next, or until others are legally chosen, and that the offices of the company shall be at Medford. Amount of capital stock. 3. And be it enacted, That the capital stock of said corporation shall be twenty-five thousand dollars, with the privilege of increasing it to fifty thousand dollars, which shall be divided into shares of fifty dollars each, and as soon as one hundred shares of the capital stock shall have been subscribed, and the sum of five dollars on each share so subscribed, paid or secured to be paid, it shall, and may be lawful for said corporation to proceed to carry into effect the objects of said corporation; and it shall be lawful for the directors of said corporation to call and demand from the stockholders thereof, respectively, such installments, and at such times, and in such proportions as they shall deem proper, not exceeding twentyfive dollars on each share, at any one time, notice of which shall be published for at least three weeks in a newspaper in the county of Burlington, or be given in writing to the stockholders for the same length of time before such installments are required to be paid; and in case of the failure of any stockholder to pay his or her installment at the time and place appointed for the payment thereof, or within thirty days thereafter, such stockholders shall incur a forfeiture of his or her share or shares, and of all previous payment thereon for the use of the company; and the books of subscription for the stock of the said corporation, shall be opened at such time and place, and remain open in the said county of Burlington, as long as the directors shall appoint; notice being given previous thereto, for two weeks, in a newspaper printed in said county, and the shares of the said capital stock shall be deemed personal property, and be transferable in such manner as the corporation by their bylaws shall direct. 4. And be it enacted, That the said company is hereby au and sell land tate. laws. thorized to let, rent, lease, mortgage and sell all such land May let. lease and real estate as they may hold, and to improve the same and real es by building thereon, or by laying off the same in lots, and to use the same for agricultural purposes, or in any other lawful way the said corporation may deem necessary and advisable. 5. And be it enacted, That a majority of the directors for May make bythe time being, shall form a board for the transaction of the business of the said corporation; and shall have full power to make such by-laws, ordinances and regulations as they shall deem necessary and convenient for the management or disposition of the stock, effects and concerns of said corpora- Proviso. tion; provided, that the same are not contrary to the laws or constitution of the United States or of this state. elect directors 6. And be it enacted, That in case it shall at any time Fallure to happen that an election of directors shall not be made on the not to dissolve day when, pursuant to this act it ought to have been made, the said corporation shall not for that cause be deemed to be dissolved; but it shall and may be lawful to hold such election on such other day as the directors of the said corporation shall direct repealed. 7. And be it enacted, That the legislature may at any time Act may be amend, alter or repeal this act. 8. And be it enacted, That this act shall continue in force Limitation. for thirty years, and that it shall take effect immediately. Approved February 29, 1872. CHAPTER XCIX. A Supplement to an act entitled "An Act to set off a part of the township of Tewksbury, in, the county of Hunterdon, and annex the same to the township of Clinton, in said county," approved March twenty-ninth, eighteen hundred and seventy-one. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the following shall be hereafter Township line taken and considered as the established line between the townships of Clinton and Tewksbury, in the county of Hunterdon beginning at that point in the division line between the townships of Clinton and Tewksbury and High Bridge, where the division line between the township last named intersects the division line first above named; and running thence in a southeasterly direction to a point in the middle of the great road leading from James Ramsey's residence to the residence of Morris E. Alpaugh, which point is directly opposite the northeastern corner of the dwelling house of William Alpaugh, leaving said Alpaugh in the township of Clinton; thence in a direct line a southeasterly direction to the middle of the arch bridge over Cold Brook, in a line between the townships of Tewksbury and Readington. 2. And be it enacted, That this act shall be deemed a public act, and shall take effect immediately. Approved February 29, 1872. Repealer. CHAPTER C. An Act to repeal an act entitled "An Act to authorize the inhabitants of the township of Acquackanonk, in the county of Passaic, to raise poll tax," approved the twenty-eighth day of March, eighteen hundred and sixty-five. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That all the provisions of the act entitled "An Act to authorize the inhabitants of the township of Acquackanonk, in the county of Passaic, to raise poll tax," approved the twenty-eighth day of March, eighteen hundred and sixty-five, be and the same are hereby repealed. 2. And be it enacted, That this act shall take effect immediately. Approved February 29, 1872. CHAPTER CI. An Act to amend the act entitled "An Act to incorporate the Englewood Horse Railway Company," approved April sixth, one thousand eight hundred and sixty-six, and to change the name of said road. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the seventh section of the "Act Amendment. to incorporate the Englewood Horse Railway Company," approved April sixth, eighteen hundred and sixty-six, be, and the same is hereby amended so as to read as follows: "And be it enacted, That said company be, and hereby is authorized to enter on, survey, lay out, construct and operate a railroad to commence at some point in Bergen county at the northerly boundary line of this state upon or near the elevated ridge of land known as the Palisades, and running thence southerly along the said ridge, crossing Palisades avenue in Englewood near Summit street, and thence southerly by any practicable route through Bergen and Hudson counties to the Hudson river, with the right to connect with or become consolidated, in fact and in law, with any other railroad or railroad company in the said counties of Bergen and Hudson, or either of them, in the manner provided by the eighteenth section of said act." 2. And be it enacted, That the words "fourth day of July, Amendment. eighteen hundred and seventy-three," at the beginning of the twenty-fourth section of said act be altered and amended so as to read as follows: "fourth day of July, eighteen hundred and seventy-five." tle changed. 3. And be it enacted, That the name and title of the said Name and tlEnglewood Horse Railway Company be, and the same is hereby changed to "The Palisades Railroad Company," and that this act shall take effect immediately. Approved February 29, 1872. Name and powers. CHAPTER CII. An Act to incorporate the Freehold Cranberry and Land 1. BE IT ENACTED by the Senate and General Assembly of Corporators. the State of New Jersey, That George W. Patterson, William B. Sutphin, William H. Conover, senior, John H. Patterson, William M. Smith, and all such persons as may hereafter be associated with them, their successors and assigns, be and they are hereby constituted a body politic and corporate, in fact and in law, by the name of The Freehold Cranberry and Land Improvement Company," for the purpose of buying, holding, cultivating and improving lands in Monmouth and Ocean counties, and for the raising and selling of cranberries and other fruits, and other produce of said lands, and carrying on the business connected therewith, and erecting such buildings, and holding such personal property as may be necessary therefor; and that they and their successors, by the same name, may sell, grant, alien, mortgage and dispose of the said lands, tenements, hereditaments, cranberries, produce and fruits, goods and chattels, or any part thereof, and may lay, open, make and maintain ditches, drains and embankments through their own, and adjoining and contiguous lands, as they deem for the benefit of said lands, doing no unnecessary damage, and subject to such compensation to be made therefor, as is hereinafter directed. Proceedings agree. 2. And be it enacted, That if the said company, or their agents, cannot agree with the owner or owners of such required lands, for the use thereof, or when by reason of the legal incapacity or absence of such owner or owners, no such agreement can be made, then one of the judges of the court of common pleas, in and for the county of Monmouth, shall, on application of either party, nominate and appoint three disinterested persons, to examine such lands and estimate the damage sustained thereby, who shall, at the same time, take into consideration all the benefits which the said owner or owners may derive from or in consideration of said improvement, and who shall, after at least ten days' notice to the par |