nished assembly by order of the clerk, twenty- Item No. 43. To A. C. Newman, for drawing plans Item No. 44. To Norris Frost, for services as page Item No. 49. To John C. Disbrow, for coaches $27 00 100 00 200 00 50 00 50 00 250 00 28 70 24 00 2. And be it enacted, That this act shall take effect imme diately. Passed April 17, 1868. Water not to be taken with CHAPTER DXL. A Supplement to an act entitled "An Act to incorporate the Acquackanonk Water Company," approved April ninth, eighteen hundred and sixty-seven. 1. BE IT ENACTED by the Senate and General Assembly of out consent. the State of New Jersey, That it shall not be lawful for the said company to take or draw any water from the Passaic river or any of its tributaries above the dam of the Dundee Manufacturing Company, without the consent of the said last mentioned company, or to take the waters of said river above the Great Falls, or of any spring or stream, tributary thereto, or interfere with the rights and privileges of the Society for establishing Useful Manufactures. 2. And be it enacted, That this act shall take effect immediately. Approved April 21, 1868. CHAPTER DXLI. An Act to authorize the election of overseers of the highways by districts, in the township of Roxbury, in the county of Morris. overseers of 1. BE IT ENACTED by the Senate and General Assembly of Election of the State of New Jersey, That the overseers of the highways the highways. of the several road districts in the township of Roxbury, in the county of Morris, shall be elected by the legal voters of the several districts as they may be arranged from time to time by the township committee in said township; and for the purpose of carrying this provision into effect, it shall be the duty of the township committee of the said township to give public notice of the time and place of holding the first district road meetings under this act; and which meetings shall be held on the Saturday next previous to the annual town meeting in said township, and shall cause notice thereof to be posted up in some conspicuous place in such district, at least five days before the time of holding any such meeting, which shall be some convenient place in such district, when and where the legal voters in the township, residing in such road district, shall assemble for the purpose of such election, and at which time and place such legal voters assembled having been called to order by any legal voter of the road district, shall proceed viva voce, by the holding up of hands, or by count, to elect a moderator of such meeting by plurality of votes; and being so organized the meeting shall proceed as in the election of the moderator to elect an overseer of the highways in such road district; the moderator of each district meeting shall notify the township committee at their first meeting after such election, in writing, of the election of give notice of meetings. such overseer; and in case of the failure of any district to elect an overseer, or of the person so elected to accept of the appointment, the township committee shall fill such vacancy, and shall furnish a list of the names of said overseers of the highways so elected or appointed to the clerk of the township, and it shall be his duty to publish the same with the names of the officers and proceedings of the first town meeting after the election of said overseers. Overseers to 2. And be it enacted, That all subsequent district road district road meetings in said township, shall be called by the overseers of the respective road districts, upon notice posted up in some conspicuous place in such road district at least ten days before the time of holding such meeting, and all subsequent district road meetings shall be held on Saturday preceding the annual town meeting in said township, and should the overseer of any district fail to call such meeting, or the individual elected refuse to accept such appointment, or in case of a vacancy arising from any other cause, the township committee shall fill such vacancy, and cause the names of the persons so elected or appointed to be published as aforesaid. 3. And be it enacted, That this act shall take effect immediately. Approved April 21, 1868. Corporators. Name. CHAPTER DXLII. An Act to incorporate the Enterprise Foundry and Manufac turing Company. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That James Crooks, James Peacock and John V. E. Fredericks, their successors and assigns, and all such persons as may hereafter be associated with them, shall be and they are hereby constituted a body corporate and politic, in fact and in name, by the style and title of "The Paterson Enterprise Foundry and Manufacturing Company," for the purpose of manufacturing and selling all kinds of iron and brass castings, stationery and steam engines, woolen, cotton, linen and silk machinery, and fabrics composed of the same. ers. 2. And be it enacted, That the said corporation may pur-Generai pow. chase, sell, mortgage, hold, use, lease, occupy, possess and enjoy such real or personal property, tools, engines, machinery, fixtures and materials as may be necessary or needful for the proper management and conduct of said business, and may purchase such real estate as may be required for the purpose of said corporation, not exceeding thirty acres, and may dispose of the same, and all other real estate which shall have been bona fide mortgaged to the said company by way of security, or conveyed to them on satisfaction of debts previously contracted in course of dealings, or purchased at sales upon judgments or decrees, which shall be obtained for such debts. payment of 3. And be it enacted, That the said corporation may secure May secure the payment of any debt which may be contracted by it on any debt by the business for which it was incorporated, by mortgaging all mortgage. or any part of the real estate of such corporation, and every mortgage so made shall be as valid to all intents and purposes as if executed by any individual holding such real estate; provided, that it be done with the assent of the stock- Proviso. holders owning at least two-thirds of the stock of such corpo ration. elected. 4. And be it enacted, That the stock, property and concerns Directors, how of said corporation shall be managed and conducted by five directors, of whom a majority shall be residents of this state, and being stockholders, one of whom shall be chosen on the second Monday in June in every year, or on such other day as the directors shall appoint, at such time and place as shall be directed by the by-laws of said corporation; and public notice shall be given of the time and place of holding every such election, not less than ten days previous, in a newspaper published in the city of Paterson, in the county of Passaic, by such of the stockholders as shall attend for that purpose, either in person or by proxy; and each stockholder shall be entitled, either in person or by proxy, or by power of attorney, to as many votes as he or she shall hold shares of the capital stock of said company, and the persons having the greatest number of votes, being stockholders, shall be directors, and the directors chosen at one election shall be capable of serving by virtue thereof until another election shall have been had; and the directors so chosen may appoint such clerks, Capital stock. Commissioners to open books of subscription. Powers of directors. officers, agents and superintendents, and assign such compensation as they shall think fit, not less than a majority of the whole number of directors being present when the same shall be done; and if it should happen at any time that any vacancy or vacancies occur, by death, resignation or otherwise, such vacancy or vacancies shall be filled by such person or persons as the remainder of the directors for the time being, or a majority of them, shall appoint. 5. And be it enacted, That the capital stock of said company shall be one hundred thousand dollars, with the privilege of increasing the same at any time, by a vote of a majority of the directors, to any sum not exceeding three hundred thousand dollars; said stock shall be deemed personal property, and shall be divided into shares of one hundred dollars each, to be transferable only on the books of the corporation, and in such manner as shall be prescribed by the bylaws of said corporation. 6. And be it enacted, That the persons above-named shall be commissioners to receive subscriptions to the capital stock, at such times and places in the city of Paterson as they, or a majority of them shall appoint, giving ten days notice thereof in one or more newspapers printed in said city of Paterson; and when ten thousand dollars of the said capital stock shall have been subscribed and paid, or satisfactorily secured to be paid, it shall and may be lawful for the said company to commence business with that capital, conduct and carry on their operations until the directors of the company deem it expedient to extend the same; and the said commissioners shall then call a meeting of the subscribers to said stock, for the purpose of organizing the company; and when the company is organized, said commissioners shall deliver to the president of the company all moneys, books and papers in their hands as such commissioners. 7. And be it enacted, That a majority of the board of directors shall have power to transact all the business of the company, to call in all installments on stock subscribed for in such amounts and at such times as they may direct, giving to each subscriber twenty days' notice thereof, personally or by publication in one or more newspapers in the city of Paterson, and also to forfeit to said company all shares upon which default in paying installments shall arise, together with all previous payments thereon. 8. And be it enacted, That in case it should at any time |