ETS to receive

shall be considered personal property, and transferable on the books of said corporation only.

Commission- A. And be it enacted, That the persons named in the first subscriptions. section of this act shall be commissioners to open books and receive subscriptions to the capital stock of said company, at such time or times, place or places, and upon such notice, as they or a majority of them may think proper; and as soon as the sum of five thousand dollars shall have been subscribed, said commissioners shall give notice in such manner as they may see fit, of a meeting of the stockholders to choose not less than five nor more than nine directors, who shall hold their offices until others are elected in their stead.

Affairs, how managed.

to have po w.

bles.

5. And be it enacted, That the affairs of said corporation shall be managed by not less than five nor more than nine directors, to be chosen by the stockholders annually on the first Tuesday in October in each year, who shall hold their offices for one year, and until others are chosen in their stead, and said directors shall elect one of their number to be presi dent of said corporation, and shall also elect, employ or ap point such other officers, agents and servants as they may Peace officers deem necessary, and shall have power to appoint such peace ers of consta- officers as may be deemed necessary for the purpose of keeping order on the camp grounds and premises of said corporation, which officers shall be paid by said corporation for their services, and such peace officers when on duty shall have the same power and authority, and be entitled to the same privileges and immunities which constables and other peace officers possess or are entitled to when in the discharge of their duty; and such peace officers shall have power, and it shall be their duty, to enforce obedience to any rules or reg ulations of the directors of said corporation, the provisions of an act entitled "An Act for suppressing vice and immorality," and of an act entitled "An Act to prevent the disturbance of meetings held for the purpose of religious wor ship," and of the several supplements thereto, shall apply to all meetings or other gatherings of said corporation.

May make ulations.

6. And be it enacted, That the directors of said corporation shall make and enforce all such by-laws, rules and regulations as they may think proper, for the government of said corporation; and if any and all persons while upon the camp grounds and premises of said corporation, during the continuance of any camp meeting there held, and for admission to the camp grounds and premises of said corporation,

sale of liquors

and for the purpose of maintaining order and preventing disturbances in, upon, or about the camp grounds of said corporation; and they shall have power to suppress the sale May prohibit of ardent spirits, and prohibit gambling either upon the camp grounds and premises of said corporation, or within one quarter of a mile of the boundaries thereof, during the continuance of any camp meeting or other assemblage upon the camp grounds and premises of said corporation.

streets and

7. And be it enacted, That said corporation shall have May lay out power, and it is hereby authorized, to lay out streets and highways. highways upon and across the lands by said corporation purchased or acquired, and to regulate the use of such streets. and highways, and to vacate and close up any road upon or over said lands; provided, that nothing herein contained Proviso. shall authorize said corporation to interfere with or impair the right, property or franchises of any other corporation, or to vacate and close up any public highway which has been heretofore laid out, and a return thereof recorded in the office of the clerk of the court of common pleas of the county of Gloucester.

to purchase

association,

8. And be it enacted, That said corporation be, and it is Empowered hereby authorized and empowered to purchase from an asso- lands from an ciation called "The New Jersey Conference Camp Meeting Association," the lands now owned by said association, situate at Pitman Grove, in the townships of Mantua and Clayton, in the county of Gloucester, and to issue and use in payment thereof the capital stock of said corporation.

9. And be it enacted, That this act shall take effect immediately.

Approved March 19, 1872.

may be in

vested.

CHAPTER CCXXXIV.

A Further Supplement to an act entitled "An Act to incorporate the Hudson County Gas Light Company," approved March sixth, eighteen hundred and sixty-three.

1. BE IT ENACTED by the Senate and General Assembly of Capital stock the State of New Jersey, That the directors of the said company shall have power to increase the capital stock thereof to any sum not exceeding the sum of four hundred thousand dollars more than they are now authorized to issue, the same to be divided into shares of fifty dollars each, as in the said act to which this is a supplement is provided. Approved March 19, 1872.

number of

CHAPTER CCXXXV.

A Supplement to an act entitled "An Act to incorporate the Mechanics' Savings Bank of Elizabeth," approved February twenty-third, eighteen hundred and seventy.

1. BE IT ENACTED by the Senate and General Assembly of May increase the State of New Jersey, That at any annual meeting of the corporators. incorporators of said bank, and those associated with them as héreinafter provided, it shall be lawful for them, by the vote of a majority of those present and voting, to increase the number of incorporators to such number as they may deem proper, not exceeding thirty-five, and may also fill any vacancy that may occur among the original incorporators or those so elected, by death, resignation, declination to serve or removal from the county of Union, and the managers or any part thereof, thereafter elected, may be chosen from the original incorporators, or those selected as above stated;

and the managers so elected, shall meet on the Tuesday following their election and elect a president who shall serve for President. the ensuing year, and until his successor is elected and qualified.

invested.

2. And be it enacted, That the said bank shall invest no Money, how money in any public stocks, other than such as are created under the laws of the United States or the states of this union, or in the bonds of the counties, cities and townships of this state; provided, said corporation may take temporary loans upon personal securities, but no such temporary loans shall be made, except upon the pledge as collateral of stocks or bonds of an incorporated company in this state, and doing business in the counties of Essex or Union, and upon which dividends or interest shall be regularly paid, equal to at least seven per cent. per annum on the par value thereof, and the amount loaned thereon shall not in any case or at any time exceed ninety per cent. of the market value thereof.

3. And be it enacted, That so much of the act to which Repeater. this is a supplement as conflicts with this act be and the same is hereby repealed, and that this act shall take effect immediately.

Approved March 19, 1872.

CHAPTER CCXXXVI.

An Act to incorporate Company A, National Guard, of the
City of Trenton.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey. That Robert C. Belville, William Corporators, H. Skirm, Thomas S. Stevens, Howell C. Stull, John Evans, Peter Tyson, and John G. Boss, and their associates, members of company A, third battalion, national guard, of the state of New Jersey, of the city of Trenton, and state of New Jersey, and their successors, be and they are hereby declared to be a body politic and corporate in law, by the

Name and powers.

May hold real or personal es tate, &c.

Proviso.

Affairs, how managed.

Proviso.

name, style and title of "Company A, National Guard, of the City of Trenton ;" and by that name they and their successors may, at all times hereafter, be able to sue and be sued, plead and be impleaded, and to have full power to collect any debts now due and owing, or which may become due and owing, to said company, in any court of law and equity, or elsewhere.

2. And be it enacted, That the said corporation shall, and may at all times hereafter, be capable of having, holding, purchasing and possessing any lands, tenements, hereditaments and personal estate, purchased, devised or bequeathed, by any person or persons, bodies corporate or politic, capable of making the same; provided, always, that the said corporation or body politic shall not, at any time, hold or possess property, real, personal, or mixed, exceeding in value the sum of fifteen thousand dollars.

3. And be it enaeted, That the management and disposition of the affairs and property of the said corporation, shall be vested in a president, vice president, treasurer, secretary and five directors, who shall be elected annually, at such time and in such manner as the said corporation shall by its by-laws provide; provided, such by-laws shall not be repugnant to the constitution and laws of this state or of the United States.

4. And be it enacted, That this act shall take effect immediately.

Approved March 19, 1872.

CHAPTER CCXXXVII.

An Act to incorporate the Wolf Tone Association, of Hudson county.

1. BE IT ENACTED by the Senate and General Assembly of Corporators. the State of New Jersey, That Daniel Hare, John Hanlon, Richard Hardy, David Lane, Hugh Murphy, William Burns and David Daly, their successors and assigns, be and they