Regulation of policies. Certain acts and parts repealed. Proviso. capital stock or funds of the company, as shall be necessary to reduce the same to one hundred and fifty thousand dollars. 5. And be it enacted, That it shall and may be lawful for the directors of the said company to give the holders of the policies hereafter issued by said company, the right to participate, or not, in the profits of the company, to such extent, in such manner, and upon such terms and conditions, as a majority of the board of directors shall deem advisable and prescribe. 6. And be it enacted, That so much of said original act and the supplements thereto as requires the board of directors of said company to issue certificates or scrip, representing the capital stock or funds of the company, to the persons insured therein, for the amount of the premium or premiums, or any part thereof, paid by them to said company; and so much thereof as requires the seal of the company to the policies; and also so much thereof as directs the payment of deposit money, and the signing of the deed of settlement or articles of association of said company by the insured; and all such other parts of said original act, and the several sup plements thereto, as are inconsistent with the provisions of this supplement, be and the same are hereby repealed. 7. And be it enacted, That nothing in this act contained shall be so construed to alter or change any contracts heretofore made by the said company, but the same shall continue and be in force the same as if this act had not been passed; and that this act shall take effect immediately. Approved February 9, 1863. Four commissioners for Orange. CHAPTER XIX. A further supplement to the act entitled "An act relative to commissioners for taking the acknowledgments and proof of deeds," approved April fifteenth, eighteen hundred and forty-six. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That it shall and may be lawful to appoint four commissioners for taking the acknowledgment and proof of deeds in the town of Orange, in the county of Essex. 2. And be it enacted, That this shall be deemed a public act and to take effect immediately. Approved February 9, 1863. CHAPTER XX. AN ACT to authorize Richard Stanton and others to dam off may be 1. BE IT ENACTED by the Senate and General Assembly of Bower's creek the State of New Jersey, That it shall and may be lawful for dammed. Richard Stanton and Robert Howell, or others, parties interested, to dam off Bower's creek, in the township of Fairfield, at or near Howell's landing, constructing in said dam a good and sufficient sluice or flood-gate; provided, that the person or Proviso. persons constructing the said dam, sluices or flood-gates, first get the consent in writing of the property owners on said creek above the said landing for the construction of the same. Approved February 9, 1863. CHAPTER XXI. AN ACT to authorize the Mayor and Common Council of the city of Newark to borrow a sum or sums of money, not exceeding in the whole fifty thousand dollars. may issue $50,000, at 7 1. BE IT ENACTED by the Senate and General Assembly of Mayor, &c., the State of New Jersey, That it shall be lawful for the mayor bonds for and common council of the city of Newark to issue bonds per cent, inunder their corporate seal, and the signature of the mayor of said city, for an amount not exceeding fifty thousand dollars, to be designated and styled "Volunteer Aid Bonds," bearing terest. How proceeds appropriated. Payment secured by taxation. interest, payable semi-annually at a rate not exceeding seven per centum per annum, with coupons attached, and payable at such time or times as may be agreed upon by the common council, not exceeding fifteen years from the date thereof, pledging the credit and the whole property of said city for the payment of the same; which bonds it shall be lawful for the said the mayor and common council of the city of Newark to sell at public or private sale, as the proceeds of the same be needed. 2. And be it enacted, That it shall be the duty of the said mayor and common council of the city of Newark to apply the net proceeds of said bonds to the support of the families of persons residing in the city of Newark who may volunteer or who may have volunteered in the military service of the United States, or who may be called into military service by the government of this state or of the United States, for the maintenance or defence of the state or federal government, and for no other purpose whatever. 3. And be it enacted, That the common council shall have power to provide by tax for the payment of said bonds, and the interest thereon, and that none of the limitations, restrictions or conditions in the thirty-fifth section of the act entitled "An act to revise and amend the charter of the city of Newark," approved March eleventh, eighteen hundred and fifty-seven, shall be held to be applicable or in any wise to affect this act, but this act shall be and remain as effectual, to all intents and purposes, as if the said section had not been enacted. 4. And be it enacted, That this act shall take effect immediately. Approved February 9, 1863. Legalizing cer tain contracts. CHAPTER XXII. A supplement to an act entitled "An act against usury," approved April tenth, eighteen hundred and forty-six. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the supplement to the act against usury, approved on the second day of March, in the Approved February 9, 1863. CHAPTER XXIII. A supplement to an act entitled "An act relating to the courts of the several counties in this state," approved March thirteenth, eighteen hundred and fifty-seven. excepted. 1. BE IT ENACTED by the Senate and General Assembly of Mercer county the State of New Jersey, That the act to which this is a supplement, and the same are hereby repealed, so far as the same relates to the county of Mercer, and that this act shall take effect immediately. Approved February 9, 1863. 1 Preamble. assess for $2,915. Mode, and how collected. CHAPTER XXIV. AN ACT to authorize the township committee of the township of Ewing, in the county of Mercer, to raise by taxation the amount paid by them to procure volunteers from said township. WHEREAS, the town committee of the township of Ewing, Mercer county, have expended the sum of two thousand nine hundred and fifteen dollars and thirty cents in the payment of bounties to volunteers in the nine months' military service of the United States; and whereas, the inhabitants of said township, at a town meeting regularly called on the fifteenth of September last, resolved by a unanimous vote that the amount of money expended by the said town committee, in payment of bounties as aforesaid, should be raised by tax, and there is a doubt whether, according to the existing laws, it would be lawful to raise the amount expended for bounties by assessment-therefore, Assessors may 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the assessor of the said township of Ewing shall, immediately after the passage of this act, proceed to assess the said sum of two thousand nine hundred and fifteen dollars and thirty cents, expended in the payment of bounties to volunteers, &c., as above, upon the real and personal property of the tax payers of said township, according to the valuation thereof at the last regular assessment, and hand the same forthwith to the collector of the township of Ewing; and the collector of the said township shall immediately give four weeks' notice, by advertisements set up in at least four of the most public places in the said township, of the said tax, and within that time shall demand payment of the tax or sum assessed on each individual in said township, in person or by notice left at his or her place of residence; and in case of the non-payment of the said taxes, or any of them, at the time appointed, the collector shall make out a list of the delinquents, with the sums due from them, respectively, thereto annexed, and deliver the same to a justice of the peace in said township, on or before the twentieth day of March next, who shall proceed therein and |