such moneys it shall be lawful for said corporation immediately, and without notice to the person or persons failing to pay the same, to cause the supply of water to the premises of such person or persons so failing to pay for the use of such water, to be stopped; and such moneys so due for the use of Moneys for water supplied to any building or other premises shall be and to remains a remain a lien upon such building, and the lot or curtilage whereon it is erected, from the time such moneys shall become due, and until the same shall be paid. use of water lien on lands. 12. And be it enacted, That the president and directors of Dividends. the said corporation shall declare and make such dividends as they may deem prudent and proper, from time to time, out of the net profits of the said water works; and the said corporation shall cause to be kept at their office proper books of accounts, in which shall be fairly and truly entered all the transactions of the company, which books shall be at all times open within the usual hours of business for the inspection of the stockholders. money and is 13. And be it enacted, That said corporation shall have May borrow power to borrow such sum or sums of money from time to sue bonds. time as shall be necessary to purchase lands or to build, construct, maintain and procure such reservoirs, stand pipes houses, machinery, engines, pumps, pipes, hydrants, conduits or other things necessary for the use of said company; and to secure the payment thereof by the bonds or notes of said company, or by mortgage on the property, land, privileges, franchises and appurtenances of, or belonging to said corporation at a rate of interest not exceeding seven per centum per annum; provided, that it shall not be lawful for said company Proviso. to plead any statute or statutes of this state against usury in any suit in law or equity instituted to enforce the payment of any bond, note, mortgage or other security, executed in pursuance of this act. Juring works. 14. And be it enacted, That if any person shall wilfully do Penalty for inor cause to be done any act or acts whatever, to injure any engine, machine, reservoir, pipe, fire plug, hydrant or structure whatsoever, or anything appertaining to the works of the said corporation or whereby the same may be obstructed, stopped or injured, or shall wilfully and maliciously draw off or waste the water from any fire plug or hydrant, the person so offending shall be deemed guilty of a misdemeanor, and being thereof convicted shall be punished by fine not exceedceeding five hundred dollars, or imprisonment in the county Proviso. Penalty for polluting water. Taxation. Failure to elect not to dissolve. General pow ers jail not exceeding six months, or both; provided, such criminal prosecution shall not in any wise impair the right of action for damages by a civil suit, and the said corporation is hereby authorized to bring an action and recover damages by a civil suit for any such injury aforesaid, by and in the name of said corporation, in any court in this state having cognizance of the same. 15. And be it enacted, That if any person or persons shall wilfully pollute or adulterate the water in any reservoir, aqueduct, stand-pipe, conduit or raceway, erected, constructed, built or laid down by said corporation, every person so offending shall be deemed guilty of a misdemeanor, and on conviction thereof shall be punished by a fine not exceeding five hundred dollars, or by imprisonment in the state prison for any term not exceeding three years, or both, at the discretion of the court. 16. And be it enacted, That said corporation shall be assessed and taxed upon the full and actual value of all its real and personal property only, and not upon the amount of the capital stock paid in, and said corporation shall be entitled to all deductions for and in respect to debts owing by said corporation in the same way and to the same extent as natural persons now are or hereafter may be under the laws of this state. 17. And be it enacted, That if at any time it shall so happen that an election for directors shall not take place on the day herein appointed for that purpose, this corporation shall not be deemed dissolved; but the directors for the time being shall appoint a future day to hold such election for directors, giving the same notice of such election as is herein before required for that purpose. 18. And be it enacted, That the corporation hereby created shall possess the general powers and be subject to the restrictions and liabilities set forth in an act entitled "An Act concerning corporations," approved February fourteenth, eighteen hundred and forty-six, and the several supplements thereto, so far as the same are applicable. 19. And be it enacted, That this act shall take effect immediately. Approved March 22, 1872. CHAPTER CCCXXVII. An Act to incorporate the Freehold Park Association. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That James Odikirk, William H. Corperators. Conover, George H. Irons, Hudson Bennett, George W. Patterson, John D. N. Willis, George Schenck, Daniel Conover, Charles Conover, John H. Ellis and Henry Bennett, and such other person and persons as may hereafter be associated with them and their successors, shall be and they are hereby constituted a body corporate and politic in fact and in law, by the name of "The Freehold Park Associa- Name. tion," and by that name shall have power to sue and be liable to be sued, answer and defend, plead and be impleaded unto, in all courts of law and equity in this state. 2. And be it enacted, That the said society shall from May adept bytime to time have power and authority to make, ordain laws. and establish such constitution, by-laws and regulations as they or a majority of them shall deem proper, and to alter and change the same at pleasure, for the designation of the officers of the said society, and by the election of the same, for prescribing their several functions and their compensation, to adopt a corporate seal, and all other acts necessary for the organization of the corporation hereby created, and for the transacting, managing and conducting the affairs of said society, and the maintaining and preserving good order and conduct over and among the visitors on the grounds of the said society; provided, such constitution, by-laws and Proviso. regulations shall not be repugnant to the constitution and laws of this state or of the United States. 3. And be it enacted, That the said corporation hereby created, shall have power and authority from time to time, and all times to acquire, purchase or lease and use, hold, possess and enjoy such real estate, not exceeding in all, one hundred and fifty acres, and such personal estate as they shall deem necessary for the purpose of the said society, and the same or any part of such real or personal estate to sell, mortgage, lease or otherwise dispose of at pleasure; and also May hold real and personal estate. Taxation. Object May hold fairs and exhibi tlons. Authorized to appoint per arrests. with power and authority to make, build and construct on the real estate so held by them, such buildings, roads and other improvements as they may deem proper and necessary for the better carrying into effect the objects and purposes contemplated by the provisions of this act. 4. And be it enacted, That all lands, tenements and real estate which may hereafter be held, owned or leased by said society, shall be subject to taxation for all purposes as others in this state; provided, however, that the capital stock, scrip and shares of said society, and all the personal estate and personal property of the said corporation hereby created shall be exempt from and shall not be liable to have any taxes levied or assessed against or upon the same whatever, so long as and no longer than the said society declares and pays no dividend on the capital stock, scrip and shares aforesaid. 5. And be it enacted, That the objects of the said society shall be to improve and encourage the agricultural, horticultural and the mechanical, manufacturing and scientific arts. and productions of this state, and of other states at their discretion. 6. And be it enacted, That for the purpose of carrying into effect the objects and purposes of the said society, it shall be lawful for said society to hold upon their grounds, from time to time, and as often as they shall deem proper, fairs and exhibitions, and to give to the exhibitors at such fairs and exhibitions premiums and other rewards, and to ask, demand and receive for the said society's own use, such reasonable fees for admittance of exhibitors and visitors to the said grounds and exhibitions as the said society may deem proper. 7. And be it enacted, That for the purpose of maintaining sons to make and preserving peace, good order and decorum upon the said society's grounds, and among the visitors and spectators to the same, it shall be lawful for the said society to appoint, from time to time one or more fit, proper and discreet person or persons, who shall take and subscribe an oath before the sheriff of the county of Monmouth, or one of the judges of the court of common pleas in and for the said county, an oath or affirmation, which oath or affirmation shall be filed in the office of the clerk of the county of Monmouth, and shall be of the like form and effect as now required by law for constables to take and subscribe, and which person or per sons so appointed and sworn shall possess the same powers and authority on the premises of said society, and on the premises adjacent thereto, which constables now possess in criminal cases; and they shall have power and authority to arrest all persons who shall be there found violating any of the laws of this state, or who shall conduct themselves in a disorderly or immoral manner, or disturb or wrongfully interfere with the said fairs or exhibitions; and the said parties so arrested shall, as soon as conveniently may, be taken before some justice of the peace of said county of Monmouth, there to be dealt with according to law. 8. And be it enacted, That the capital stock of the said Amount of corporation hereby created shall be the sum of fifty thousand capital stock. dollars, divided into five hundred shares of one hundred dollars each share, and which capital stock shall be deemed personal property, and such shares shall be transferable, but only upon the books of the said corporation, in such manner as the said society may prescribe. 9. And be it enacted, That this act shall take effect immediately, and the same to be repealed, altered or amended. at the pleasure of the legislature. Approved March 22, 1872. CHAPTER CCCXXVIII. An Act to change the name of Job Hillman Gaskill Meirs to Job H. Meirs Gaskill. WHEREAS, Job Hillman Gaskill Meirs, of the county of Preamble. Monmouth, has been adopted by Job H. Gaskill, of the county of Burlington, who is desirous of having the name of said Job Hillman Gaskill Meirs changed to Job H. H. Meirs Gaskill, and no reason appearing to the contrary, therefore, 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the name of Job Hillman Name changGaskill Meirs, of the county of Monmouth, be and the same ed. |