A ble half yearly, at such places as may be agreed upon between the Governor and the subscribers to the said loan, for which sum he shall cause to be issued certificates of loan, signed by Certificates the Auditor General, and countersigned by the State Treasurer, transferable on the books of the Auditor General, or at Transfer. the Bank of Pennsylvania, in Philadelphia; and upon any transfer new certificates may be issued by the Auditor General and State Treasurer, or by the president and cashier of the Bank of Pennsylvania, to the new holders thereof, which said loan shall be re-imbursable at any time after the first day of August, one thousand eight hundred and forty-six, the moneys so borrowed to be specifically appropriated to the interest on the public debt, falling due on the first of February next. WM. A. CRABB, Speaker of the House of Representatives, Speaker of the Senate, pro tempore. APPROVED-The sixteenth day of January, A. D. eighteen hundred and forty-one. DAVID R. PORTER. Reimbursed 1816. [No. 4.] AN ACT Relating to the Estates of Frederick Holman and Charles Wharton. WHEREAS, Frederick Holman of the township of Pikeland, (now West Pikeland) in the county of Chester, by his last will and testament, dated May ninth, eighteen hundred and twenty, duly proved April thirtieth, eighteen hundred and twentyone, devised his real estate to his wife Margaret, during her widowhood or natural life in case she remained a widow, but in case of her second marriage or death, he directed his real estate to be sold by his executors, and the proceeds thereof to be divided among his widow (in case of her second marriage) and children, as set forth in the said will: And whereas, It is represented to the Legislature, that the parties in interest have contracted to make a sale of the said real estate, which is deemed advantageous to all parties interested, but by reason of the said Margaret Holman yet remaining alive and unmarried, no authority exists to make a good and sufficient deed of conveyance. Therefore, Preamble. to sell certain real estate. Proviso. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Margaret Holman and Frederick Holman, surviving executors of Frederick Holman, late of the township of Pikeland, now West Pikeland, in the county of Chester, deceased, and the survivor of them be, and they are hereby Ex'rs of Fred-authorized to sell and convey, and make a good and sufficient erick Holman deed for the real estate of the testator, as fully and effectually to all intents and purposes, as they would be authorized to do in case the marriage or death of the said Margaret Holman had already happened: Provided, That before such conveyance shall be made, the said executors shall give bond to the ComEx'rs to give monwealth, in such penalty and with such security as may be approved by the orphans' court of said county, conditioned for the faithful appropriation of the proceeds of sale, according to the true intent and meaning of said will; which bond shall be for the benefit of all persons interested in the proceeds of said sale, and shall be sued for and recovered in the same manner as bonds given by administrators, upon obtaining from the orphans' court an order of sale of the real estate of an intestate. And provided, further, That said sale shall be returned to said orphans' court, and receive the approval thereof before a deed be executed, or any validity attach to said sale. bond. 2d proviso. sell certain real estate. Rents reserv . Trustees of SECTION 2. That the trustee or trustees for the time being, C. Wharton of that part of the real estate of Charles Wharton late of the city of Philadelphia, deceased, which was devised by him in trust for his daughter Hannah Hollingsworth, her husband and children, as well that which was included in the residue as that which was specifically devised, shall have power during the lives of the said Hannah, and of her present husband, and of the survivor, to grant and convey in fee simple, all or any of the lots of ground, and any part or parts thereof, so as aforesaid devised to any person or persons, reserving as the ed and how entire consideration thereof a perpetual annual rent or rents, extinguished. payable half-yearly, and redeemable or extinguishable within any number of years, not less than ten years from and after the execution of any such conveyance, by the payment of a sum of money not less than sixteen years and two-thirds of a years' purchase, of the said annual rents respectively: Provided, That the rents so reserved, shall be applied and paid over in the manner directed by the said will, as to the rents, issues, and profits of the other parts of the real estate of the said Charles Wharton, deceased, devised in trust for the use of the said Hannah Hollingsworth, her husband and children: And provided further, That the money paid on the redemption or extinguishment of any of the said rents, shall be received by he said trustees or trustee for the time being, by whom the Proviso. Rents how applied. 2d proviso. ted and how release of such rent shall be executed, and when received the Release of said money shall be by them or him invested under the autho-rents, by whom execurity of the orphans' court, of the county of Philadelphia, in debt of the United States, or of the State of Pennsylvania, or invested and of the city of Philadelphia, or in real securities, or in the pur- for whose use. chase of other real estate in their names or name in trust, both as to principal and interest, and as respects such real estate and the rents and profits thereof, for the same persons, estates, uses and trusts, as are declared in the said will, of and concerning the said lots of ground, and the rents, issues and profits thereof: And provided further, That any and every lot or lots of Proviso. ground which may be so as aforesaid granted and conveyed, by the said trustees or trustee, shall be taken and held by the purchaser or purchasers thereof, discharged from the trusts of Trusts disthe said will, and without any liabili y on the part of such charged. purchaser or purchasers, as to the application or misapplication of the ground rent reserved, or of the principal or money that may be paid on the redemption or extinguishment thereof. WM. A. CRABB, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-This twentieth day of January, A. D. eighteen hundred and forty-one. DAVID R. PORTER. [No. 5.] AN ACT To incorporate the Philadelphia and Havre-de-Grace Steam Tow Boat SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Gideon Scull, Samuel C. Morton, John M. Kennedy, William Reynolds, James M. Bolton, William V. Anderson, James S. Newbold, Robert Allen, I. Waterman, Corporators. Allen R. Reeves, Wm. B. Hart, Newberry A. Smith, Philip Kelly, Solomon Alter, Caleb Newbold, Benjamin M. Bunker, James Barratt, Henry Budd, William B. Potts, Daniel Haddock, Jr., William S. Smith, Archibald Wright, Robert Howell, Francis N. Buck, Joseph Hand, N. B. Thompson, John Brock; and Watson Jenks, and their associates, are hereby Name. Privileges & franchises. incorporated into a body politic and corporate, in deed and in law, by the name of the " Philadelphia and Havre-de-Grace steam tow boat company," and as such to conduct a line or lines of barges and canal boats and steam boats, between the port of Philadelphia and any point or points on the Chesapeake bay, at or near Havre-de-Grace, in the State of Maryland, and to purchase, hold, and enjoy such estate, real and personal, as may be necessary for carrying into effect the objects of this association, the capital stock of said company to be forty thousand dollars, in shares of fifty dollars each, and the said corporation to have the same privileges and be subject Privileges &c to the same liabilities, except as hereinafter excepted, as are of "Philad'a conferred and imposed on the "Philadelphia steam tow boat company," by an act passed the seventh day of April, one boat comp'y." thousand eight hundred and thirty-two, and the supplement thereto passed the eleventh day of March, one thousand eight hundred and thirty-four. Capital stock -shares. steam tow SECTION 2. That the letters patent declaring said corporators Letters patent to be a body politic in law, shall issue whenever two hundred shares of said stock shall be subscribed, and ten dollars on each share paid in, and that the affairs of the said company shall be conducted by a board of five directors, and ten days notice shall be given for the calling in of any instalments on said capital stock. WM. A. CRABB, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-This first day of February, A. D. eighteen hundred and forty-one. DAVID R. PORTER. [No. 6.] AN ACT Relative to the election of Surpervisors in Fannet township, in Franklin county. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the sume, That so much of the eighty-first section of the Repeal of part act of the fifteenth day of April, one thousand eight hundred former act as and thirty-four, “relating to counties and townships and coun ry and township officers," as requires the election of supervi- relates to Fansors for three years, be and the same is hereby repealed, so net tp. and hereafter its far as respects Fannet township, in Franklin county; and the election of said officers, in said township, shall be annually, superv❜rs elec ted annually. who shall perform the duties and be subject to the same responsibilities, provided in the said act of the fifteenth day of April, eighteen hundred and thirty-four. WM. A. CRABB, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-This first day of February, A. D. one thousand eight hundred and forty-one. DAVID R. PORTER. [No. 7.] AN ACT Authorizing the Commissioners of Huntingdon county to borrow a sum of money. Comm'rs may borrow mo SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the au thority of the same: That the commissioners of the county of Huntingdon are hereby authorized and empowered to borrow ney not exany sum or sums of money not exceeding five thousand dollars, ceed'g $5,000 at any rate of interest not exceeding six per centum per annum, int'st not to in the name and upon the faith, credit and responsibility of the exceed five said county, to be repaid at the expiration of one year or upwards out of the funds of the said county, the interest thereon to be paid at such times as may be agreed upon. WM. A. CRABB, Speaker of the House of Representatives. Speaker of the Senate. APPROVED-The first day of February one thousand eight per cent. hundred and forty-one. DAVID R. PORTER |