Names of tors. be chosen in their stead, notice of which said election shall be previously given for at least two weeks immediately preceding said election, in some newspaper published in the city of Camden; the said directors shall, from time to time, elect and appoint a president, secretary, and treasurer, from their body, and shall also elect and appoint such other officers as may be convenient and necessary, and shall have power to fill any vacancy that may occur in their body, until the next annual election. 4. And be it enacted, That John S. Read, Jonathan Burr, first direc- William P. Tatem, Randal E. Morgan, and Edmund E. Read, shall be the first directors of said company, who shall, or a majority of them, as soon as convenient after the passage of this act, assemble and organize said company, and shall con tinue in office until others, as herein before directed, shall be chosen in their stead. May make 5. And be it enacted, That the said company shall have by-laws, &c. power to make such by-laws, rules, and regulations, as they may deem expedient for the government of the company, and the well conducting and transacting of their business; provided, the same are not repugnant to the constitution and laws of this state, or of the United States. Proviso. President and directors to make statement to stockholders. 6. And be it enacted, That it shall be the duty of the presi dent and directors of the preceding year to exhibit to the stockholders a full and complete statement of the affairs of the company during the past year, at each and every annual meeting of the stockholders, and shall produce the books, accounts, and papers of the corporation, if required to do so by any one or more of the stockholders. 7. And be it enacted, That this act shall go into effect immediately. Approved March 12, 1874. CHAPTER CXCIX. An act to incorporate the Jersey City Printing Company. corporators name! 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That N. D. Taylor, F. B. Wolbert, Wil. Names of liam Hutchinson, Patrick Sheran, J. C. Hopkins, James K. Sellick and S. B. Bevins, and their associates, successors and assigns, be and they are hereby created a body politic and corporate, by the name of the "Jersey City Printing Compa- Corporate ny," and by that name shall have power to acquire by gift, and powers grant, devise, purchase or lease, and hold real and personal property, not exceeding in value one hundred thousand dollars, and to convey, mortgage and lease the same, and by their said name shall have power to sue and be sued, plead and be impleaded, in all courts and places; to make and use a common seal, and alter the same at pleasure, and to make by-laws not inconsistent with the constitution and laws of the United states and this state, for the management of the property, the regulation of the affairs, and the transfer of the stock of the said corporation. corporation 2. And be it enacted, That the general object of said object of corporation is declared to be the publishing of one or more newspapers, and the conducting of a general printing and publishing business, in the county of Hudsou, in this state. 3. And be it enacted, That the business of said corpo- Business ration shall be carried on at Jersey City, in said county of carried on. Hudson. stock. 4. And be it enacted, That the capital stock of said cor- Capital poration shall be twenty thousand dollars, and may be increased from time to time, by the board of directors, to any sum not exceeding in all, one hundred thousand dollars; that said stock shall be divided into shares of twenty-five dollars each, which shall be subscribed for in such manner, and paid at such time, in such manner, in such installments, and upon such notice as the board of directors by their by-laws may direct and appoint, and in case of failure by any stockholder to pay his or her installment or install stock deem ments, at the time and place appointed by said by-laws for the payment thereof, such stockholder shall, at the option of the board of directors of said association, incur a forfeiture of his or her share or shares, and of all previous payments thereon, for the benefit and use of said association. Capital 5. And be it enacted, That the capital stock of said assoed personal ciation shall be deemed personal property, and said shares property. shall be transferable only on the books of said association, May purchase and hold certain prop erty. anage fairs in whom vested. in such manner as said by-laws may direct; and that certificates of stock be issued to the stockholders, and that each share of said stock shall entitle the holder thereof to one vote either in person or by proxy. 6. And be it enacted, That it shall be lawful for said corporation, if they shall see fit, to purchase, hire or lease, all or any part of the property, assets, rights and effects of any paper, printing company or publishing association, and to give stock in part or full payment thereof. 7. And be it enacted, That the management and disposi ment of af- tion of the affairs and property of said association, shall be vested in a board of directors, one of whom shall be president; that the number of said board shall be not less than five nor more than thirteen; that the persons named in the first section of this act shall be the directors of said corporation until the first day of September, next, and thereaf ter until others are elected in their stead; that on the first day of September next, and annually thereafter, the directors shall be chosen at such place and on such notice, and at such time as the by-laws of said association shall determine; that the directors so chosen shall hold their office for one year and thereafter, until others are chosen in their stead; that all elections shall be by ballot, and if at any time for any cause it shall happen that no election shall be had at the time herein appointed, the directors for the time being shall continue in office until an election be regularly held, according to the requirments of the by-laws in that behalf, or by this act; and any vacancy in the board of directors may be filled for the unexpired term, by a majority of the same. 8. And be it enacted, That the board of directors may appoint om- point such officers, editors and agents as they may deem necessary, and may, by their by-laws fix their duties and the compensation therefor. Directors may ap cers. offl tion how 9. And be it enacted, That said corporation may be dis- Corporasolved at a general meeting of the stockholders, specially dissolved. called for that purpose, thirty days' notice having been given by publishing the call therefor, at least once in each week during said period, in a newspaper published in Jersey City; provided, that at least three-fourths in value of all the stock- Proviso. holders shall concur therein, and upon such dissolution, the directors for the time being, or such persons as the said stockholders shall, by a majority vote appoint, shall be trustees for settling all the affairs of the corporation, collecting and disposing of its property and assets, paying its debts and dividing any surplus among the stockholders, in proportion to their respective interest in the capital stock. 10. And be it enacted, That this act shall take effect immediately. Approved March 12, 1874. CHAPTER CC. An act to incorporate the Great Council of the Improved corporators 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That Robert S. Bunting, Joseph Cain, Names of Jacob L. Hutt, Horatio G. Davis, Charles H. Chew, George W. Day, James A. Parsons, Benjamin F. Wood, Thomas J. Francis, John E. Cheesman, James C. Stevens, Oliver S. Pedrick, William P. Hall, John T. Davis, C. Vanderbilt, Jr., Lewis S. Coryell, and their associates, officers and members of the Great Council of the Improved Order of Red Men of the state of New Jersey, and their successors be, and they are hereby constituted and declared to be a body corporate and politic in law, by the name, style, and title of "The Corporate Great Council of the Improved Order of Red Men of the state of New Jersey," and by that name they and their successors, and all other persons who are now members, or who shall hereafter be admitted as such, agreeably to the constitution and by-laws of the said great council; and shall have name Proviso. Where council may hold sessions. May make constitution and by-laws. Proviso. perpetual succession, and shall be forever capable in law to take, hold, and possess any lands, tenements, hereditaments, real and personal estate, purchased, devised, or bequeathed by any person or persons, bodies corporate or politic, capable of making the same; provided always, that the said corporation or body politic shall not at any time hold or possess property, real, personal, or mixed, exceeding in value the sum of twenty-five thousand dollars; and to mortgage and let the same, and to sell and dispose of the same; to have a common seal, and the same to break, alter and renew at pleasure; to sue and be sued, and generally to do all such matters and things that may be lawful and necessary for them to do for the furtherance of the objects of said order. 2. And be it enacted, That the said great council may hold its annual or other sessions in any of the cities or towns of this state, and may locate its principal office at such place from time to time as it may elect, within the said state. 3. And be it enacted, That the said great council shall have power from time to time to establish and make, and put into execution, such constitution, by-laws, rules and regulations, as may be passed from time to time by the great council; and the same to revoke, annul, alter or amend at pleasure; provided, that the said constitution, by-laws, rules and regulations be not repugnant to the constitution and laws of the United States or of this state, nor repugnant to the provis ions of this act. 4. And be it enacted, That this act shall take effect immediately. Approved March 12, 1874. |