CHAPTER CCCCXLIX. An act to authorize the trustees of the Roman Catholic Preamble. WHEREAS, one Mary Gubbins, of Jersey City, New Jersey, by her will bearing date on the fifteenth day of March, anno domini one thousand eight hundred and seventy, did give, devise and bequeath all her real estate to the Roman Catholic church of Saint Mary's, of Jersey City, and to their successors or assigns forever, but upon the express condition that the said church should not sell or mort gage the said real estate, but hold the same for the use and benefit of the said church; and whereas, the real estate so devised consists in part of old and dilapidated buildings, in its present condition is of no use and benefit to said church; and whereas, it is equitable and just and beneficial to the charity intended in said will that the said real estate be sold by the trustees of said church, that the proceeds of said sale may be applied to the use and benefit of said church. Trustees empowered to sell and tain land. convey cer 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Michael Corrigan, bishop, George H. Doane, vicar general, Dominic L. Lenez, pastor, Patrick Reilly and Charles H. O'Neill, trustees of the Roman Catholic church of Saint Mary's, of Jersey City, and their successors shall have power and they are hereby authorized to sell and convey the real estate devised to the said church by the last will and testament of Mary Gubbins, deceased, late of Jersey City, New Jersey, dated March fifteenth, anno domini one thousand eight hundred and seventy, and to execute a good and sufficient deed, or good and sufficient deeds thereof, to convey the same in fee simple to the purchaser, which said deed or deeds may be with or without the usual covenants or any of them, and subject to any encumbrances. be invested. 2. And be it enacted, That the proceeds of such sale Proceeds to shall be kept and from time to time invested and reinvested by said trustees for the use and benefit of said church. 3. And be it enacted, That this act shall take effect immediately. Approved March 27, 1874. CHAPTER CCCCL. A further supplement to "An act to incorporate the New WHEREAS, the New Jersey Midland Railway Company have Preamble. powered to tain bond. 1. RE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the trustee or his successor, un- Trustee emder said consolidated mortgage of said New Jersey Midland counterRailway Company, is hereby authorized and empowered to sign cercountersign, and that it shall be lawful for said company to issue under said mortgage in the place and stead of the bonds of the denomination of one thousand dollars or one hundred pounds sterling each, other bonds of the denominations of one hundred dollars (or twenty pounds sterling) and of five hundred dollars (or one hundred pounds sterling) each, to an amount equal in par value of such bonds to the bonds now authorized to be issued in and by such consolidated mortgage, but to no greater amount, and thereupon such bonds shall be held and deemed in all courts and places whatsoever to be secured by said mortgage, the same as if said bonds had originally been secured by the lien of said mortgage and mentioned and described therein; but nothing in this act shall be construed to allow of the issue by said corporation or said trustee or his successor, of a larger amount of said bonds than the said aggregate sum of ten millions of dollars. 2. And be it enatced, That this act shall take effect immediately, and shall be deemed and considered a public act. Approved March 27, 1874. Act of 1866 and 1967 declared to be of full force and effect. Proviso. CHAPTER CCCCLVI. An act to confirm and make valid an act entitled a supplement to an act entitled "An act to incorporate the Mount Hope Mineral Railroad Company," approved March sixteenth, one thousand eight hundred and sixty-six, approved April fourth, one thousand eight hundred and sixty-seven. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the act entitled a supplement to the act entitled "An act to incorporate the Mount Hope Mineral Railroad Company," approved March sixteenth, one thousand eight hundred and sixty-six, approved April fourth, one thousand eight hundred and sixty-seven, be and the same are hereby declared to be of full binding force and effect, to all intents and purposes, the same as if the state tax upon said act had been paid within the time prescribed by law, and all the rights, powers and franchises in the said act conferred upon said corporation by said act, are hereby continued and declared to be vested in and exercisable by said corporation as fully as in said act is set forth, and all and every act, matter or thing, done and performed by said corporation under the provisions of said act, be and the same are hereby ratified and made valid; provided, that the state assessment upon the said act, and on this act, be paid on or before the first day of July next, after the passage of this act. 2. And be it enacted, That this act shall take effect immediately. Approved March 27, 1874. CHAPTER CCCCLXXVI. An act to enable the trustees of the Methodist Episcopal Church of South Orange, New Jersey, to sell and convey and mortgage the Church property. empowered tain real 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the trustees of the Methodist Trustees Episcopal Church of South Orange, in the township of to sell cerSouth Orange, county of Essex and state of New Jersey, estate. are hereby empowered and authorized to sell, either at public or private sale, such part or parts of the real estate now held by them, as they may deem expedient, and to make and deliver to the purchaser or purchasers a good and sufficient deed or deeds for the same, by which the whole title of said corporation shall pass to the purchaser or purchasers free and clear; and they or their successors are hereby also empowered and authorized, to mortgage any part or all of the real estate held by them, when in their opinion it becomes necessary or desirable so to do. and how 2. And be it enacted, That the proceeds of the said sale Proceeds or sales, or mortgage or mortgages, shall be used by said by whom trustees to aid in paying for the new building now in course used. of erection, or for such other purposes as the said trustees shall determine. 3. And be it enacted, That this act shall be deemed a public act, and shall take effect immediately. Approved March 27, 1874. made valid. CHAPTER CCCCLXXVII. An act to make valid "An act to enable owners and possessors of the meadow, marsh and swamp lands on Butchers creek and Newport creek, in the County of Cumberland, to make a dam across said creeks, and to erect and maintain banks, dikes, dams and water works sufficient to prevent the tide from overflowing the same," approved March thirteenth, one thousand eight hundred and sixty-two; declared inoperative, by proclamation of the Governor, December thirty-first, one thousand eight hundred and seventy-three. 1. BE IT ENACTED by the Senate and General Assembly of the Act of 1862 State of New Jersey, That an act entitled "An act to enable the owners and possessors of the meadow, marsh and swamp lands on Butchers creek and Newport creek, in the county of Cumberland, to make a dam across the said creeks, and to erect and maintain banks, dikes, dams and water works sufficient to prevent the tide from overflowing the same," approved March thirteenth, one thousand eight hundred and sixty-two, shall, upon the payment into the state treasury of the sum assessed upon said act and the additional sum of ten dollars, be deemed to have been valid and in full force from the date of approval. 2. And be it enacted, That this act shall be deemed a public act and take effect immediately. Approved March 27, 1874. |