to be arranged election; and in case two persons shall receive an equal number of votes, the first-named on the ballot for inspector of registry shall be taken to be elected as such, and in no case shall all of the inspectors of either of said wards be of the same political party. Registry lists 7. And be it enacted, That the said inspectors of each ward and corrected. shall arrange the registry lists of their several wards alphabetically as to the name of each voter, and set opposite thereto his residence; no name of any person shall be placed on said lists on the Thursday prior to the election unless of such person as shall apply in person to said inspectors at the place of registry, who may examine such person under oath or affirmation as to his right to have his name placed thereon; and to whom the same oath shall be administered by the inspectors as may by law be administered to persons offering to vote at an election; and said inspectors shall have the power to revise, correct, add to and subtract from and complete said lists, and their proceedings shall be open to the citizens of each ward, who shall be heard by said inspectors in relation to corrections or additions to said lists. Money for current expenses. 8. And be it enacted, That it shall and may be lawful for the common council of the city of Burlington hereafter to order and cause to be assessed and raised by tax in any one year such sum or sums of money, not exceeding the sum of seven thousand dollars, as they shall deem expedient for the current expenses of said city, and for all other objects and purposes, and in such manner as is set forth in the twentyseventh section of the act to which this is a supplement; and whenever hereafter a greater sum of money than said sum of seven thousand dollars is necessary to be raised in any one year for the uses of said city, that then and in such case the same resort and proceedings shall be had as is required in the twenty-eighth section of the said act of incorporation. 9. And be it enacted, That all acts and parts of acts inconsistent with this act are hereby repealed. 10. And be it enacted, That this act shall take effect immediately. Approved March 26, 1868. CHAPTER CCXXVII. An Act to incorporate the United States Rubber Coated 1. Be it enacted by the Senate and General Assembly of Corporators. the State of New Jersey, That John J. Fields, Albert H. King, Henry W. Joslyn, and such other persons as may hereafter be associated with them, and their successors and assigns, be and they are hereby made and constituted a body corporate and politic, in fact and in law, by the name of "The Name. United States Rubber Coated Leather Company," for the purposes of coating leather and other fabrics with India rubber, and manufacturing, making, finishing and selling such coated fabrics, and any articles which may be made from the same, and of granting to others the right, under patents, to be possessed by said company, to manufacture said fabrics and articles, and for the transaction of such business as may be necessarily connected therewith, and may hold and erect such mills, buildings and other works as may be required to carry on such branches of manufacture and business. estate. 2. And be it enacted, That the said corporation may pur- May hold real chase, use, hold, possess and enjoy such real estate as may be required for the purposes of said corporation, and may sell, mortgage, lease, or otherwise dispose of the same at pleasure, and may sue and be sued, plead and be impleaded in all courts of law or equity, and may have and use a common seal, and may change and alter the same at pleasure, and may make such by-laws for their regulation and government as they may see proper. 3. And be it enacted, That the capital stock of said com- Capital stock. pany shall be two hundred thousand dollars, and that the same may be increased from time to time by the order of the board of directors, but shall at no time exceed three hundred thousand dollars, and that said stock shall be divided into shares of one hundred dollars each, and shall be deemed personal property. ers to open 4. And be it enacted, That the persons above named shall Commissionbe commissioners to receive subscriptions to said capital stock books of subat such times and places in the county of Hndson as a ma scription. Directors. Powers of di rectors. May issue steck for goods, &c. How dissolv ed jority of them shall appoint, giving ten days previous notice to that effect in the newspapers published in said county, and when one hundred shares of said stock, shall be subscribed for, and ten dollars on each of such shares so subscribed for, paid to said commissioners, they shall call a meeting of the subscribers to said stock for the purpose of organizing the company; and when said company is organized, said commissioners shall deliver to the president of the company all money, books and papers in their hands as such commissioners. 5. And be it enacted, That the business of said company shall be managed by a board of directors, consisting of not less than three nor more than seven persons, as the stockholders may determine from time to time; that said board may elect from their number a president, and may also appoint such subordinate officers, superintendents and agents, as they may deem necessary; that said directors and their president shall hold their office for one year, and until others are elected in their stead, and that elections for directors shall be held at such time and place, and upon such notice as the by-laws of the company shall provide. 6. 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 of stock subscribed for, in such amounts and at such times as they may direct; and also to forfeit to said company all shares upon which default in paying installments shall arise, and all previous payments thereon, and that said company and directors shall transact their business, hold their meetings, and keep their office and books at any place or places within this state or elsewhere, as the interests of said company may require. 7. And be it enacted, That the said company shall have power to issue stock in payment or in exchange for any goods, wares and merchandise, patent rights, or for any lands, estate or leasehold property therein, required to be used for and in the business of the said company, and that the stock of the said company shall be transferable in such manner as the bylaws may direct, and no transfer shall be valid until the same is duly entered in the books of the company. 8. And be it enacted, That this corporation may be dissolved at any time by a general meeting of the stockholders summoned specially for that purpose by the board of directors or a majority of them, giving notice of such meeting once a week for three weeks, in the newspapers published in said county; provided, that three-fourths in value of the stock- Proviso. holders be present or represented therein; and provided, that Proviso. before such dissolution the directors, for the time being, or the survivor or survivors of them, or such other person or persons as the board shall appoint for that purpose, shall be trustee or trustees for settling the affairs of the company and paying its debts, and the property of the company shall be liable for the payment of all such debts, and the individual stockholders shall be liable for the payment thereof, in case the company's property be not sufficient to pay the same, and divide the surplus among the stockholders according to their respective interests. 9. And be it enacted, That this act shall take effect immediately. Approved March 26, 1868. CHAPTER CCXXVIII. An Act to incorporate the Board of Education of Gloucester City. 1. BE IT ENACTED by the Senate and General Assembly of Names of the State of New Jersey, That Edmund Hoffman, Samuel D. members of Mulford, J. C. Stinson, John Borough, Thomas Hallam, cation. William N. Brown, George W. Dickensheets, Frederick Shindle and Joseph B. Ellis, trustees of the school districts of Gloucester city, being the trustees of the school districts formerly known as districts number two and three of the township of Union, in the county of Camden, be and the same are hereby ordained, constituted and declared to be a body corporate and politic, in fact and in name, by the name of "The Board of Education of Gloucester City," and by that name name. they and their successors forever shall and may have perpetual succession, and shall be capable of sueing and being sued. pleading and being impleaded, answering and being answered unto, defending and being defended, in any court of law Corporate Actions, how brought. Annual and other meet ings. Proviso Tax for school purposes. Proviso. or equity, and that they and their successors may have a common seal, and alter the same at their pleasure. 2. And be it enacted, That all actions or other proceedings brought or to be brought in any court of law or equity against any person or persons or body corporate, for damages for or on account of any injury to any school house, or any out buildings, fences, trees or other improvements thereto belonging, or to any school furniture or school books, in any school house or building used for school purposes belonging to or under the charge of the said board of education, shall be in the name of "The Board of Education of Gloucester City,' whether the legal title of such property be vested in said board or otherwise, and all damages which may be recovered in such action or proceedings shall be appropriated by said board to the support of public schools in said city. 3. And be it enacted, That the said board of education shall hold an annual meeting in said city on the first Monday of April yearly and every year, and such adjourned and special meetings as they see proper, at such place as they themselves shall agree upon; and when met shall have power to make and adopt such rules, regulations and by-laws for their own government, and the dispatch of business as they shall think proper, and in general to do and perform, and do all such other acts and things as are provided for and warranted by this act; provided, that no by-law, and no resolution ordering the raising or expenditure of money shall be passed, amended revoked or repealed without the concurence of at least four votes,, which number shall be a majority and constitute a quorum of said board. 4. And be it enacted, That the said board of education shall determine the amount of tax to be raised each year in said city for school purposes, and shall order and direct the assessors of the said city to assess and raise such sum or sums of money, not exceeding in any one year four mills in the dollar on the assessed value of the property assessed in Gloucester city, as they shall think necessary and expedient to support and maintain the public schools, and for the purchase of lots of land and buildings for the use of said schools, and for erecting school houses in the said city; which tax when raised and collected shall be paid immediately over unto the treasurer of the board of education for the time being, and his receipt and it alone shall be a discharge for the same to the officers collecting the said tax; provided, that nothing in this act con |