Conditions. Number of directors. Money, how invested. Regulations. surance Company shall hereafter be known and designated by the name of "The Firemens' Mutual Insurance Company," and by that name have and exercise all the powers and privileges conferred by the act to which this is a supplement, and be liable to all the duties and obligations therein contained. 2. And be it enacted, That all persons who shall insure with the said corporation may participate in its profits during the period they remain insured by the same, upon such terms and conditions as the directors by their by-laws shall fix and determine and the power hereby conferred shall be deemed and taken to be in addition to the powers possessed by the said corporation, and insurances may still continue to be taken without the parties participating in the profits of the company, if desired by the insured. 3. And be it enacted, That the said company, by its by-laws, may designate the number of directors of said company; provided, that the number at any time shall not be less than fifteen, and by its by-laws may designate the number of directors necessary to constitute a quorum for the transaction of business. 4. And be it enacted, That the tenth section of the act to which this is a supplement is hereby so amended as to enable said company to invest their capital stock, funds or money, in any public stocks or other securities created by the laws of the United States, or of the states of New Jersey, New York, Pennsylvania, Massachusetts, Connecticut, Ohio, or by the incorporated cities, townships or counties of said states. 5. And be it enacted, That the president and a majority of the directors to be elected, as provided in the fifth section of said act, shall reside in the state of New Jersey, and so much of said section as is inconsistent herewith, and also so much of the thirteenth section as provides for the payment of a tax to the Newark Fire Department Fund, be and the same are hereby repealed. 6. And be it enacted, That this act shall take effect immediately. Approved February 13, 1863. CHAPTER XXXVIII. AN ACT to authorize the township of Hackensack, in Bergen county, to raise money. 1. BE IT ENACTED by the Senate and General Assembly of Township attthe State of New Jersey, That the township of Hackensack, thorized to Bergen county, be authorized to raise the sum of six thousand dollars to defray the expenditures required to meet the payment of monthly bounties of six dollars per month, for nine months, to the wives and dependent widows of the volunteers who enlisted in conformity to the resolutions, passed August twenty-fifth and September ninth, at the town meetings of said township. 2. And be it enacted, That this act shall take effect immediately. Approved February 16, 1863. CHAPTER XXXIX. A further supplement to the act entitled "An act for the preservation of sheep." Provisions ex Readington. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the provisions of the supple- tended to ment to the above mentioned act for the preservation of sheep, approved March twenty-fourth, eighteen hundred and fifty-two, be and the same are hereby extended to the township of Readington, county of Hunterdon. 2. And be it enacted, That all acts or parts of acts incon- Repeater. sistent with the provisions of the supplement aforesaid, be and the same are hereby repealed. 5. And be it enacted, That this act shall take effect immediately. Approved February 16, 1863. Corporate name and powers. Proviso. Object. Officers. CHAPTER XL. AN ACT to incorporate the Association of Exempt Firemen, in the city of Hoboken. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Theodore Van Tassel, Thomas Mickens, James Houseman, William G. Shepherd, Andrew Mount, William H. Wilson, Peter Ritter, and such other persons as may become associated with them, be and they are hereby constituted and made a body politic and corporate, to be known in fact and law, as the "Association of Exempt Firemen of the city of Hoboken," and by that name they and their successors shall be capable of sueing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts of judicature whatsoever, and they and their successors, respectively, may have and use a common seal, and have power to make, alter and renew the same at pleasure; and by their common seal may make, enter into, and execute any contract or agreement touching the objects of said incorporation, and may acquire and hold real and personal estate necessary for the objects of the incorporation; provided, the same shall not exceed the sum of five thousand dollars. 2. And be it enacted, That the purpose of said association shall be to aid the fire department of Hoboken in the extinguishment of fires; and the members of said association, when on duty, shall be subject to and under the control of the chief and assistant engineers of the fire department of the city of Hoboken, the same as any fire company of said city. 3. And be enacted, That the members of said association shall have power, at their annual meeting, to be held on the second Tuesday of April, to elect, from among their number, a president, vice president, secretary and treasurer, who shall hold their offices until others are elected in their stead; they shall also have power to elect, at said annual meeting, one trustee of the Hoboken Fire Department Fund, who shall Hoboken Fire hold his office for three years; and in addition thereto, at the first annual meeting after the passage of this act, may elect two trustees of the Hoboken Fire Department Fund, one of whom shall hold his office for the term of one year, and one Trustee of Department for the term of two years; and the said trustees, when elected, Duties and shall be entitled to all the rights and privileges that are now powers. granted by law to the members of the board of trustees of the Hoboken Fire Department Fund, and said association shall be entitled to a representation in said board of trustees, in the same manner as if the said association were one of the fire companies of the city of Hoboken, anything in the act creating the board of trustees of the Hoboken Fire Department Fund to the contrary notwithstanding. 4. And be it enacted, That the said association shall have By-laws. power to make and prescribe such by-laws, rules and regulations as to them may seem needful; provided, the same shall not be inconsistent with this act, or the constitution of this state. taxation. 5. And be it enacted, That the property and effects of the Exempt from said association, held or used for the purposes designed by this act, shall not be subject to the payment of any tax, under the laws of the state. 6. And be it enacted, That this act shall continue in force for thirty years; provided always, that the Senate and General Assembly may, at any time hereafter, amend, repeal or modify this act, as they shall think proper. 7. And be it enacted, That all acts and parts of acts inconsistent with this act, be and the same are hereby repealed. 8. And be it enacted, That this act shall take effect immediately. Approved February 16, 1863. CHAPTER XLI. AN ACT to confirm the laying out of the westerly part of the city of Hoboken, according to the map of the tract of land belonging to the estate of John G. Coster, deceased, made by Daniel Ewen and Austin D. Ewen, city surveyors, New York, in November, eighteen hundred and sixty, and filed in the office of the clerk of Hudson county, and to close and vacate all roads and parts of roads within the limits of the said tract, so as to conform to the said map. WHEREAS, the tract of meadow land belonging to the estate Preamble. Plotting and laying out. confirmed. Roads vacated. Proviso. of John G. Coster, deceased, and comprising the western part of the city of Hoboken, has been plotted and laid out, with streets and avenues over the same, according to a certain map entitled "map of property situate at Hoboken, Hudson county, New Jersey, belonging to the estate of John G. Coster, deceased, surveyed and laid out into lots, November, eighteen hundred and sixty, by Daniel Ewen, Austin D. Ewen, city surveyors, New York," which is on file in the office of the clerk of the county of Hudson, and such streets and avenues and the arrangement and direction of the same have been made to correspond with the streets and avenues running through and across the eastern portion of the said city-therefore, 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the aforesaid plotting and laying out of that portion of the said city of Hoboken which is comprised within the limits of the said tract of land, be and the same are hereby ratified and confirmed, and that such portion of the said city be laid out with streets and avenues according to the said map. 2. And be it enacted, That all roads or parts of roads running over the said tract land different from the streets and avenues laid down upon said map, be and the same are hereby vacated and discontinued; provided however, that the road now running across the said tract of land to West Hoboken, and known as the "West Hoboken road," may be used as the same now is until one of the streets contiguous to the same laid down upon the said map shall be actually opened and Regulations. rendered fit for use; and provided also, that when any of the roads or parts of roads now running across said property shall be altered or closed, the streets or avenues opened in place thereof shall be regulated and improved so as to afford equal facilities for the public for passage over the same as such roads or parts of roads may give to the public previous to such vacation; provided also, that so much of the avenue known as Newark avenue, and shown upon said map, from the point of contact with the southerly line of Ferry street to the westerly line of said property, and also the road leading from the westerly line of said property to the bridge at or near the foot of Bergen Hill, shall in no event be reduced to less than eighty feet in width. 3. And be it enacted, That this act shall take effect immediately. Approved February 16, 1863. |