TABLE OF NEW JERSEY REPORTS.

[New Jersey reports are often cited by the names of the reporters. The following table gives the corresponding volumes in the Law and Equity Reports:]

[Many cases not reported in the official New Jersey reports are found in the New Jersey Law Journal and the Atlantic Reporter. These cases are cited in the following pages as "N. J. L. J." and "Atl. Rep."]

Constitution of the State of New Jersey

AS AMENDED IN 1875.

PROVISIONS RESPECTING CORPORATIONS.

ARTICLE I.

19. No county, city, borough, town, township or village shall hereafter give any money or property, or loan its money or credit to or in aid of any individual, association or corporation, or become security for or be directly or indirectly the owner of any stock or bonds of any association or corporation.

20. No donation of land or appropriation of money shall be made by the state or any municipal corporation to or for the use of any society, association or corporation whatever.

3.

ARTICLE IV.
SECTION VII.

law impair

* The legislature shall not pass any ** ing the obligation of contracts or depriving a party of any remedy for enforcing a contract which existed when the contract was made.

8. Individuals or private corporations shall not be authorized to take private property for public use, without just compensation first made to the owners.

* *

*

11. The legislature shall not pass private, local or special laws in any of the following enumerated cases, that is to say: Granting to any corporation, association or individual, any exclusive privilege, immunity or franchise whatever. Granting to any corporation, association or individual the right to lay down. railroad tracks. * ** The legislature shall pass general laws providing for the cases enumerated in this paragraph, and for all other cases which, in its judgment, may be provided for by general laws. The legislature shall pass no special act con

XXX

CONSTITUTION OF THE STATE OF NEW JERSEY.

ferring corporate powers, but they shall pass general laws under which corporations may be organized and corporate powers of every nature obtained, subject, nevertheless, to repeal or alteration at the will of the legislature.

I. All

*

*

ARTICLE X.

claims and rights of individuals and bodies corporate, and of the state, and all charters of incorporation shall continue.

THE GENERAL CORPORATION LAW

OF NEW JERSEY.

LAWS OF 1896, CHAPTER 185.

Being "An Act Concerning Corporations (Revision of 1896)," including the amendments and supplements to the end of the legislative session of 1899.

I.-Powers.

1. Every corporation shall have power:

1. To have succession, by its corporate name, for the period limited in its charter or certificate of incorporation, and when no period is limited, perpetually;

II. To sue and be sued in any court of law or equity;

III. To make and use a common seal, and alter the same at pleasure;

IV. To hold, purchase and convey such real and personal estate as the purposes of the corporation shall require, and all other real estate which shall have been bona fide conveyed or mortgaged to the said corporation by way of security, or in satisfaction of debts, or purchased at sales upon judgment or decree obtained for such debts; and to mortgage any such real or personal estate with its franchises; the power to hold real and personal estate shall include the power to take the same by devise or bequest;

V. To appoint such officers and agents as the business of the corporation shall require, and to allow them suitable compen.. sation;