CHAPTER CCXXII. AN ACT accepting on the part of the State of New Jersey a grant of lands made by the United States to the several States and Territories which may provide colleges for the benefit of agriculture and the mechanic arts. accepted. 1. BE IT ENACTED by the Senate and General Assembly of Grant of land the State of New Jersey, That an act of Congress of the United States, approved July fifth, A. D. eighteen hundred and sixtytwo, entitled "An act donating public lands to the several states and territories which may provide colleges for the benefit of agriculture and the mechanic arts," and the grant of land and land scrip thereby made, be and the same is hereby accepted on the part of the state of New Jersey. conditions. 2. And be it enacted, That the said grant of land and land According to scrip is hereby accepted for the purposes and upon the conditions in said act of congress specified, and the assent of the state of New Jersey to the several conditions and provisions in said act contained is hereby signified and expressed. ers to receive 3. And be it enacted, That the governor of this state and Commissionsuch person as he shall appoint for that purpose, are hereby scrip. appointed commissioners to receive from the secretary of the interior, or other officer of the United States, the land scrip to which the State of New Jersey is or may be entitled under the act of congress aforesaid, said scrip to be held by said commissioners for the state until provision is made by law for the sale thereof and investment of the proceeds in accordance with the provisions of said act of congress. Approved March 21, 1863. 9 Corporate name changed May increase capital stock. CHAPTER CCXXIII. Supplement to the act entitled "An act to incorporate the Cooper Rolling Mill Company," approved March sixteen, eighteen hundred and fifty-nine. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the said the "Cooper Rolling Mill Company," shall organize and be known and designated by the name and style of "The National Iron Armor and Ship Building Company," and by that name have and exercise all the powers and privileges conferred by said original act, and be liable to all the duties and obligations therein contained. 2. And be it enacted, That the said company shall have power to increase their capital stock to the further amount of two hundred and fifty thousand dollars over and above the amount already authorized by law, which increased capital shall be subscribed and paid at such time or times and in the manner prescribed by the directors of said company. 3. And be it enacted, That this act shall take effect immediately. Approved March 21, 1863. Repealer. Railroad, where to be Jaid. CHAPTER CCXXIV. A supplement to an act entitled "An act to incorporate the Trenton Horse Railroad Company," approved March ninth, eighteen hundred and fifty nine. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the sixth, seventh and eighth sections of the act to which this is a supplement be and the same are hereby repealed. 2. And be it enacted, That the said corporation shall have and authority to construct a railroad, with the necespower sary turnouts, through Clinton and State streets, from the northeasterly to the westerly limits of the city of Trenton, with a branch or branches to the railroad depot or depots, as the same now are or hereafter may be located, and such other branches in the streets of said city as may be deemed necessary; said railroad and the branches aforesaid to be constructed from time to time and in such portions or sections as the said corporation shall deem expedient; provided, that Proviso. said railroad, or the branches thereof, shall not be constructed through any of said streets without the consent of the common council of the city of Trenton aforesaid being first had and obtained, by an ordinance of the common council; and provided further, that said railroad shall be so constructed Proviso. as to interfere as little as conveniently may be with the streets in which it shall be laid. tors. 3. And be it enacted, That there shall be but seven di- Seven direcrectors of said corporation, instead of eleven as mentioned in said original act; and that seven directors shall have all the powers and perform all the functions conferred or made incumbent upon the said eleven directors; that of said seven directors four shall be a quorum and be competent to do, perform and discharge all the duties, offices and acts required of or authorized to be done by the quorum of six directors. mentioned in the act to which this is a supplement. 4. And be it enacted, That such parts of the said act to Repealer. which this is a supplement, and such parts of the supplements thereto heretofore enacted, as in any wise conflict with the provisions hereof, be and the same are hereby repealed. 5. And be it enacted, That this act shall take effect immediately. Approved March 21, 1863. CHAPTER CCXXV. A supplement to the act entitled "An act to incorporate the Jersey Shore Improvement Company," approved March third, eighteen hundred and fifty-four. ed. 1. BE IT ENACTED by the Senate and General Assembly of Time extendthe State of New Jersey, That the time limited by the third proviso of the eighth section of the act to which this is a sup plement, for the expenditure of three hundred thousand dollars in the improvement authorized by said act, be and the same is hereby extended for five years from the first day of January, eighteen hundred and sixty-four. Approved March 21, 1863. Powers. Nine directors. Election of directors. Monthly meetings. CHAPTER CCXXVI. A supplement to the act entitled "An act to incorporate the Rahway Mutual Insurance Fire Company," passed February twenty-fifth, eighteen hundred and thirty-three. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That said corporation shall hereafter be known by the name of "The Rahway Mutual Fire Insurance Company," and shall have and enjoy all the powers, rights and privileges, and be subject to all the restrictions, pains and penalties granted, enjoined and provided in the act to which this is a supplement. 2. And be it enacted, That hereafter the property and concerns of the said corporation shall be managed and conducted by nine directors, a majority of whom shall form a quorum, and shall be chosen as in said act directed, to hold their offices for one year, and until others are chosen to fill their places. 3. And be it enacted, That notice of the annual meeting for the election of directors shall be given by the directors, in a newspaper printed in the city of Rahway, and by advertisements set up in two of the most public places in said city, of the time and place of such meeting, not more than fourteen nor less than seven days previous to the time of holding such meeting, and that fifteen members of said corporation shall form a quorum to transact business. 4. And be it enacted, That the directors shall meet once in each and every month, and oftener, if need be, at such time and place as said directors shall appoint for transacting the business of said company, and there shall be a general meeting of the members of the said corporation whenever a majority of the directors, or any number of members insured to the amount of ten thousand dollars or upwards, shall re quire the same; notice of such meeting shall be given as required in the next preceding section of this act; fifteen members of said corporation shall be required to form a quorum, and all meetings of the directors and of the members shall be held in such place and conducted in such manner as shall be from time to time prescribed by the by-laws of said. corporation. privileges. 5. And be it enacted, That the directors, or a majority of Powers and them, shall have power to make or prescribe, amend or alter" by-laws, rules and regulations, as to them shall appear needful and proper, touching the management and disposition of the stock, property, estate and effects of the said corporation, and touching all other such matters as appertains to the business, ends and purposes which the said corporation, by said act or this supplement, is entitled to, and shall also have power to appoint so many officers, clerks and servants for carrying on the business of said corporation, and with such allowances as to them shall seem meet, and shall also have power to remove any of such officers at their pleasure; pro- Proviso. vided, that all by-laws, rules and regulations made or adopted by said directors shall not be repugnant to the constitution and laws of the United States or this state. 6 And be it enacted, That the seventh and eighth sections Repeater. of the act to which this is a supplement, and such other parts of said act as come within the provisions hereof, and contradictory thereto, be and the same are hereby repealed. 7. And be it enacted, That this act shall take effect immediately. Approved March 21, 1863. CHAPTER CCXXVII. A further supplement to an act entitled "An act to incorporate the Freehold and Jamesburg Agricultural Railroad Company." road extended 1. BE IT ENACTED by the Senate and General Assembly of Time to finish the State of New Jersey, That the time at which the Freehold and Jamesburg Agricultural Railroad Company shall be required to complete the extension or branch of their road, |