No. 389. AN ACT To incorporate the Lehigh County mutual fire insurance company. Privileges. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same. That Jonathan Miller, Benjamin Fogel, Hiram J. Schantz, Israel Wesco, Names of incorJacob Litzenberger, Jacob Wenner, Henry Eisenhart, Michael Bastian, porators. Christopher Bortz, Henry Schantz, Joseph Weaver, John Diefenderfer and William Fogel, and all other persons who may hereafter associate with them in manner hereinafter prescribed, shall be and are hereby constituted and declared to be a body politic and corporate, by the style Incorporated. and title of "The Lehigh County mutual fire insurance company," and Name. shall have, so far as they are applicable to them, all the rights and privileges, and subject to all the liabilities to them properly applicable, conferred and imposed by the act, entitled "An Act to incorporate the Independent mutual fire insurance company of Bucks, Montgomery and Philadelphia counties," passed the tenth day of February, one thousand eight hundred and forty-three, and the thirteen persons named herein, Board of manashall be the first board of managers to carry this act into effect; and this act shall continue in force for the term of twenty years and no longer. SECTION 2. The company hereby incorporated shall also have power Power to mainto maintain suits at law against any of its members for the collection of tain suits, &c. their deposits, notes, or for any cause relating to the business of the corporation, or against any person or persons for moneys due the corporation, or for any injuries done to the corporate property, books or papers, or for causing the destruction, by fire, of any property by them insured. SECTION 3. No policy shall be issued by said corporation, until application be made for insurance for seventy-five thousand dollars. SECTION 4. No insurance shall be made by this for a longer period than seven years at any time, but policies may be renewed from time to time. company gers. No policy to issue until, &c. Limitation of insurance. Policies may be renewed. Place of business, SECTION 5. The business of this company shall be done and transacted at such place in the county of Lehigh, as shall be designated by a and places of majority of the directors present at any regular meeting of the board, insurances. and the company shall have power to make insurances in such place or places as they may think proper. APPROVED-The twenty-eighth day of March, one thousand eight hundred and forty-eight. FRS. R. SHUNK. Authorized to No. 390. AN ACT To incorporate the Peach Bottom bridge company. SECTION 1. Be it enacted by the Senate and House of Representa tives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Commissioners. Jeremiah Brown, James M'Sparran, John Stubbs, Isaac S. Webster, Joseph C. Dickinson, David Lee, George Morrison, James Evans, Christopher Hagner and John Ehler, of Lancaster county; and James M'Conkey, Isaac Stubbs, George M. Hickman, Gardner Furness, Stephen T. Cooper, Thomas Williamson, David G. Barnets, John R. Donnel and James Ramsey, of York county, be and they are hereby created commissioners, authorized to receive subscriptions to the capital receive subscrip- stock hereby created, at such times and places as a majority of them may direct, previously giving at least two weeks' notice thereof in two newspapers, one printed in Lancaster and one in York county, of the time and place when and where the subscriptions will be received; and at the time of subscribing for said stock five dollars shall be paid to the commissioners or some one of them, which money shall be paid over to the treasurer of said company as soon as one is appointed, and the resi due of said subscriptions shall be paid in such instalments, and at such times and places, and to such persons as the president and managers of the company may direct. tions. Notice. SECTION 2. When two hundred shares are subscribed, the persons holding the same are hereby created and incorporated into a company by the name, style and title of the Peach Bottom bridge company, and by that name, those who have subscribed, and those that may thereafter subscribe, shall have perpetual succession with all privileges and franchises incident to a corporation, and shall be capable of taking and holding their capital stock and the increase and profits thereof, and of enlarging the same from time to time by new subscriptions, in such manner and form as they shall think proper, if such enlargement shall be found necessary to build the bridge or fulfil the intent of this act, and of purchasing and holding to them and their successors such lands, tenements, hereditaments and estates in fee simple, as may be actually necessary for the erection and use of said bridge, and the same to sell and dispose of at their pleasure, and of suing and being sued, pleading and being impleaded in all courts of law. SECTION 3. That the capital stock of said company shall not exceed one hundred and fifty thousand dollars; and the capital stock of said company shall be divided into shares of fifty dollars for each share, and the subscribers to said capital stock shall pay the sum or sums of money for the shares by them held respectively or by them subscribed, at such period and in such instalments as the directors of said company may order or determine. SECTION 4. As soon as two hundred shares of the said capital stock shall have been subscribed, it shall be the duty of the commissioners to give notice in one paper printed in Lancaster county, and one in York county, of the time and place of a meeting of the stockholders, who shall on meeting, proceed to organize the said company, and shall choose by ballot, in person or by proxy, one president, five directors, one trea- Elect officers. surer and such other officers as they shall deem necessary to conduct the business of said company until other officers shall be appointed; and the said president and directors shall make such by-laws and regulations for the government of said company, as they shall think necessary and proper, consistent with the laws of this commonwealth, for the well ordering of the affairs of said company, and fixing upon the site or location of said bridge; and each stockholder shall be entitled to one vote for each share of stock by him or her held at the time of such election; and Annual meetings. the stockholders shall meet on the first Monday in January, in every year, at such place as shall be fixed on by the president and directors, for the purpose of electing officers for the ensuing year. SECTION 5. The president and directors first chosen, shall issue cer tificates of stock to the several stockholders, signed by the president, Certificates of and countersigned by the treasurer of said company, which certificates stock. shall be transferable at the pleasure of the holder, in person or by Transferable. attorney, subject to the payment of any balance that may be due thereon; and the assignee holding such certificate, having caused the assignment to be entered on a book of the company to be kept by the treasurer for that purpose, shall be entitled to his or her just proportion of the capital stock, and of all the estate and emoluments of the company, in proportion to the number of shares by them held, and to vote at the meetings thereof as aforesaid; and the president and directors shall meet at such times and places as shall be agreed on, for the transaction of business at such meetings: four member shall form a quorum for transacting business: they shall keep minutes of their transactions in a book, and shall have authority to agree with and appoint engineers, artists, superintendents and agents, as they shall think necessary to construct a bridge across the Susquehanna river at or near Peach Bottom, and to complete the same, and fix the salaries, and determine the time the stockholders shall pay their instalments due on their respective shares, draw orders on the treasurer for money, the same to be signed by the president or chairman, and attested by the clerk, and do and transact all things by this act and the by-laws, or regulations of the company that may be lawful. SECTION 6. The president and directors of the said company shall keep just and fair accounts of all the moneys received by them in any way under the provisions of this act, and also of all moneys by them expended, and all voluntary contributions to said company, and shall at least once a year, or whenever called on, submit their accounts to the inspection of any or all the stockholders. Quorum. Accounts. Tolls. SECTION 7. When a good and complete bridge shall have been erected over said Susquehanna river at the place aforesaid, the company, their successors or assigns, may demand and receive toll from travelers and others crossing the same, at such rates as the president and directors shall from time to time determine: Provided, They shall cause to be Proviso. put up, and kept up in some conspicuous place at the gates of said bridge, a list of the rates of toll: And provided, That the bridge shall Proviso. be so constructed as not to injure or obstruct in any manner the navigation of the Susquehanna river. SECTION 8. That if any person shall wilfully cut, destroy or break, or remove from said bridge, or any part thereof, any piece of timber, Penalty for injurstone, plank, chain, bolt, or any materials whatsoever, belonging to said mg or destroying bridge or otherwise, wilfully or maliciously damage the same, he, she, the property of the company. or they so offending shall forfeit and pay for every such offence over and above the damage done to said bridge, the sum of twenty dollars, to be recovered with costs in any court having jurisdiction thereof, and Dividend. be imprisoned in the county jail not less than three nor more than twelve months, at the discretion of the court. SECTION 9. The said president and directors shall keep just and true Accounts of tolls. accounts of all tolls received by their respective collectors of tolls for crossing said bridge, and shall make and declare a dividend of the profits and income thereof among all the stockholders of said company, in proportion to the shares respectively held by each, and deducting therefrom all contingent costs and charges, and such proportions of said income as may by them be deemed necessary for a growing fund for repairing or re-building said bridge; and shall, on the first Monday of January in each year, publish the dividends to be made of the clear profits thereof among the stockholders, and of the time and place, when and where the same shall be paid, and shall cause the same to be paid accordingly: Provided, That no dividends of profits shall be declared until all the expenses of building and constructing said bridge shall be fully paid. Proviso. WILLIAM F. PACKER, Speaker of the House of Representatives. WM. WILLIAMSON, Speaker of the Senate. APPROVED-The thirtieth day of March, one thousand eight hundred and forty-eight. FRS. R. SHUNK. No. 391. AN ACT Authorizing the governor to incorporate the Conestoga and Reading turnpike road company. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That David Jenkins, Henry Youndt, John Hertzler, Roland Diller, Anthony Commissioners. E. Roberts, Charles Robinson, Edward Davis, Cyrus H. Jacobs, James M'Caa, Hiram Evans, H. B. Jacobs, of the county of Lancaster; Peter commissioners to do and perform the duties hereinafter mentioned, that is to say: they shall on or before the first day of May next ensuing after the date hereof, procure two books, and in each of them enter as follows: "We whose names are hereunto subscribed, do promise to pay Form of subto the president, managers and company of the Conestoga and Reading scription. turnpike road company, the sum of twenty-five dollars for each and every share of stock set opposite to our respective names, in such manner and proportions, and at such times and places as shall be determined on by the president and managers of said company, in pursuance of an act of the general assembly of this commonwealth, entitled An Act to authorize the governor to incorporate the Conestoga and Reading turnpike road company.' Witness our hands the day of hundred and Anno Domini, one thousand eight ;" and thereupon shall give notice in Number of three or more public papers printed in the counties of Berks and Lancaster, three weeks at the least previous to the times and of the places when and where the said books shall be opened to receive subscriptions Open books. for the stock of the said company, at which times and places two or more of the said commissioners shall attend and permit and suffer all persons of lawful age, who shall offer to subscribe in the said books, in their own names or in the names of any other persons who shall duly authorize the same, for any number of shares of said stock, and the said books shall be kept open respectively for the purposes aforesaid, at least four hours in every juridical day for the space of three days, or until the said books shall have sixteen hundred shares therein subscribed; and if at the expiration of the said three days, the books aforesaid shall not have the said number of sixteen hundred shares therein subscribed, shares. the commissioners may adjourn from time to time, and transfer the books from place to place, until the whole number of shares shall be subscribed, of which adjournment and transfer the commissioners shall give such public notice as the occasion may require, and when the whole number of shares subscribed shall amount to sixteen hundred, the said books shall be closed: Provided always, That no subscription shall be valid Proviso. unless the person offering to subscribe in his own name or in any other name, shall pay to the attending commissioner at the time of making the same, the sum of two dollars and fifty cents on each and every share he shall so subscribe, out of which shall be payed the expenses of taking such subscription and other incidental charges, and the remainder shall be paid over to the treasurer of the corporation, as soon as the same shall be organized agreeable to the provisions of this act; such first payment on each share to be taken and considered as a part payment on each share subscribed. SECTION 2. As soon as six hundred shares shall have been subscribed by ten persons or more, and the sum of two dollars and fifty cents paid on each share of stock as aforesaid, the said commissioners, or any four of them, shall certify the same under their hands and seals to the governor, the names of the subscribers and the number of shares subscribed by each, and thereupon the governor shall by letters patent, under his Letters patent. hand and the seal of the state, create and erect the subscribers, and also those who may afterwards subscribe, if the subscription be not full at the time, into one body, politic and corporate, in deed and in law, by the name, style and title of The Conestoga and Reading turnpike road Style. company," with all the privileges and franchises incident to a corpora- Privileges. tion, and said company shall have perpetual succession, and be capable of taking and holding the said capital stock, and the increase and profits thereof, and of enlarging the same by new subscriptions, if such enlargement shall be necessary to fulfil the intent and purposes of this act, |