lien on lots.

for a term of years, for the purposes, and in the manner expressed in the said advertisement, and to give a declaration of such sale to the purchaser thereof under the common seal of the said city, and such purchaser, his executors, administrators or assigns, shall by virtue thereof, and of this act, lawfully hold and enjoy the same, for his and their own proper use, against the owner or owners thereof claiming under him or them, until his term shall be complete and ended, and that such purchaser shall be at liberty, at or before the end of his term, to remove the buildings and materials erected and placed by him thereon, taking care to leave the same in as good order and condition as the same was when it came into his possession.

Sec. 36. And be it enacted, That the amount of any assessment shall be and remain a lien on the lot or lots assessed, Assessment a from the time of the completion and return of such assessment in manner aforesaid, until the same shall be paid and satisfied, and that it shall be lawful for the said mayor and common council instead of the remedies herein above provided, if they shall see fit, in case of refusal and neglect to pay any assessment made as aforesaid, to sue for and recover the amount of any such assessment from the person or persons who under the provisions of this act ought to pay for the same, or his, her or their legal representatives, with interest and costs of suit, in any court in this state having cognizance thereof, in an action on the case for so much money by them paid, laid out and expended for such person or persons, or his, her or their legal representatives, and the said assessment shall be conclusive evidence for the plaintiff in every such action.

Streets, &c.

not laid out by

corporation not treated as public highways.

Act not to go

of the voters.

Sec. 37. And be it enacted, That no street, road, highway or alley hereafter to be laid out or opened in the said city, shall be recognised, considered, or treated as a public street, road, highway or alley, unless the same be laid out and opened under the direction of the said common council, in manner aforesaid.

Sec. 38. And be it enacted, That this act shall not go into effect unless the assent of three-fifths of the electors of said into effect un- township shall be first ascertained; and for that purpose a less sanctioned poll shall be opened on the eighteenth day of March next, by three-fifths between the hours of ten in the morning and six in the afternoon, under the direction of the judge and inspectors of election of the respective wards, and at the places where the last annual elections were held; of which time and places the town committee of the township of Newark shall give at least (one week's previous notice in two of the newspapers published in the said township; and the electors entitled to vote at

ward meetings shall express their assent or refusal of this act by depositing their ballots in the box provided for that purpose, in their respective wards; and those electors who are in favor of the said law shall each deposit a ballot containing the word "corporation" written or printed thereon; and those who are opposed shall each deposit a ballot with the words "no corporation" written or printed thereon; and a canvass and return of the votes shall be made by the judges and inspectors of the respective wards in the same manner to the township committee, as is now prescribed by law in regard to the canvass and return of votes for chosen freeholders, surveyors of the highways and school committee-men of the township of Newark; and if three-fifths of those who vote at such elections, at such canvass, are found to be in favor of this act, it shall then, but not otherwise go into effect.

Sec. 39. And be it enacted, That the act entitled an act to divide the township of Newark, in the county of Essex, into wards and districts, and for other purposes, passed February Former acts sixth, eighteen hundred and thirty-three, be and the same is repealed. hereby repealed, on and after the second Monday in April next, and that the act entitled an act incorporating the inhabitants of townships, designating their powers and regulating their meetings, passed February twenty-first, seventeen hundred and ninety-eight, and all acts and parts of acts, which are contrary to, or inconsistent with the provisions of this. act, shall be and the same are hereby repealed on and after the said second Monday of April next, so far as relates or extends to the said township of Newark in the county of Essex.

Sec. 40. And be it enacted, That the legislature may, at Act may be al. any time hereafter, alter, modify or repeal this act.

Passed, February 29, 1836.

tered or repeal.

ed.

Style of Incorporation.

Amount of

AN ACT to incorporate the Camden and Woodbury Rail
Road and Transportation Company.

Sec. 1. BE IT ENACTED by the Council and General Assembly of this State, and it is hereby enacted by the authority of the same, That James Matlack, Joseph Ogden, Robert L. Armstrong, Jesse Smith, Joseph Fithian, Joseph Franklin, Amos Campbell, John M. Watson, Charles F. Clark, Joseph Saunders, John C. Smallwood, Samuel Webster, and such other persons as may hereafter be associated with them, shall be, and are hereby ordained, constituted, and declared to be a body corporate and politic, in fact and in name, by the name of "The Camden and Woodbury Rail Road and Transportation Company;" and by that name, they and their successors, and assigns, shall and may have continued succession, and shall be persons in law, capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever; and shall have power to make and use a common seal, and the same at pleasure to alter; and they and their successors, by the same name and style, shall be capable of purchasing, holding and conveying any lands, tenements, goods and chattels, whatsoever, necessary or expedient to the objects of this incorporation.

Sec. 2. And be it enacted, That the capital stock of the said corporation, shall be one hundred thousand dollars, with capital stock liberty to the said corporation, to increase the same to one bundred and fifty thousand dollars, if necessary, and shall be divided into shares of fifty dollars each, which shall be deemed personal estate, and shall be transferable in such manner as the bylaws of said corporation shall direct.

Books of subscription for stock to be opened.

Sec. 3. And be it enacted, That James Matlack, Joseph Saunders, Jesse Smith, Amos Campbell, Joseph Ogden, Richard Fetters, and Richard W. Howell, of the county of Gloucester, be, and they are hereby appointed commissioners, to receive subscriptions to the capital stock of said corporation, ́and they, or a majority of them, are hereby authorized, for that purpose, to open books of subscription, at such times and places as they, or a majority of them, shall appoint, giving twenty days' notice of such times and places, in the newspapers published in the county of Gloucester, and one or more newspapers printed in the city of Philadelphia; and at such times and places, so fixed, the said commissoners, or any three of them, shall attend and receive subscriptions to the said capital stock; and if more shall be subscribed, than by this act is authorized, the said commissioners, or a majority of them, shall

apportion the same as to them shall seem fair, equitable, and just; and at the time of subscribing for said stock, five dollars on each share subscribed, shall be paid to the said commissioners, in gold or silver, or legal and current bank netes, and the residue thereof, may be called in, and shall be paid at such times, and in such amounts, by instalments, as is, by this act hereinafter directed; and the said commissioners, may meet from time to time until the whole stock be subscribed.

Sec. 4. And be it enacted, That whenever there shall be one thousand shares of the said stock subscribed, and five Time and thousand dollars paid in as above directed, the said commis- mode of annu sioners, or a majority thereof, shall give public notice for twen- al election of ty days, in all the newspapers published in the county of Glou- directors. cester, and in one or more newspapers printed in the city of Philadelphia, of a meeting of the subscribers to said stock, for the purpose of choosing directors, and organising the said company; and of which said election, the said commissioners shall be the judges, which subscribers, when so met, shall proceed to elect by ballot from among the subscribers or stockholders, nine directors; a majority of said directors chosen as aforesaid, to be citizens of this state, and to hold their offices for one year, and until others are elected, and each stockholder, at such election, and at all future elections of said corporation, shall have one vote for each share he, she, or they shall own, at the time of such election, not exceeding twenty shares, and for every five shares, above twenty, one vote, and that such stockholder or stockholders, may vote at any election by proxy, duly authorized for that purpose.

President to be

Sec. 5. And be it enacted, That the said board of directors, so to be chosen as aforesaid, shall and may elect out of their own body, or from among the stockholders, a president, chosen, and such other officers, with such salaries as they may deem proper, and shall and may employ such artificers, engineers, agents, laborers, and workmen, for the purpose aforesaid, with such compensation as shall appear to the said directors reasonable and just; and shall and may make, ordain and establish, such by-laws and regulations for their own government, and that of the persons by them employed, as shall and may, from time to time be necessary to effectuate this charter, and a majority of said board shall, at all times, be a quorum for the transaction of business, and may have power to call in the remainder of the capital stock of said corporation, by instalments, not exceeding ten dollars each, by giving thirty days notice of such required instalments, in all the newspapers published in the County of Gloucester, and in one or more newspapers printed Stock forfeited in the city of Philadelphia; and if any stockholder shall neg- ment of instal lect or refuse, for twenty days after such instalment is due, to ments

on non pay.

Proviso.

Directors to fix time and

pay the same, he, she, or they, so neglecting or refusing, sball forfeit their stock and all payments made thereon; and the said board of directors shall and may require from their treasurer, such security as to them shall seem just; Provided always, that no by-law or regulation of said company shall be inconsistent with, or repugnant to, the laws of this state, or of the United States, or this charter.

Sec. 6. And be it enacted, That when the said board of directors are so selected and chosen, the said commissioners are hereby authorized and required to pay over to the said board of directors, or to such person as they, or a majority of them, shall direct, all moneys which they have received for the subscription to said capital stock, first deducting therefrom, all expenses to which they have been exposed, for books, printing, or other expenditures, and the sum of one dollar per day, for each and every day they shall have been employed in the du ties of their appointment; and the directors so chosen, and their successors, shall annually thereafter, cause an election to place of annu. be held, at such time and place as their by-laws shall direct, for directors of said corporation, and such directors, so annually chosen, shall, in like manner, have power to elect their president and other officers, agents, engineers, workmen, and artificers, as is by the fifth section of this charter herein before provided; and shall and may have the power, at all times, to remove their officers and other persons so appointed, and appoint others in their stead, if the interest of the company so require it, and also have power to fill all vacancies in the offices of said corporation, which may or shall happen from death, resignation, or otherwise.

al election

Corporation not dissolved

for failure to

elect on day prescribed.

Location of rail road.

Sec. 7. And be it enacted, That in case it should happen that an election of directors should not be made on the day, or at the time when, pursuant to this act it ought to be made, the said corporation shall not, for that cause, be deemed to be dissolved, but such election may be held at any other time; and the directors for the time being, shall continue to hold their offices until new ones shall have been chosen in their places.

Sec. 8. And be it enacted, That the said president and directors of the said company are hereby authorized and invested with all the right and powers necessary and expedient to survey, lay out, and construct a rail road, not exceeding sixty-six feet in width, to commence at some point in the city of Camden, in the county of Gloucester, and to run thence to some point at the town of Woodbury, in said county, making in distance from the city of Camden aforesaid, to the town of Woodbury aforesaid, about eight miles: with as many sets of tracks, or rails, as they may deem necessary; and it shall be lawful for the said president and directors, their agents, engi