per thousand on the largest amount of capital authorized, and on every supplement thereto, except such as provide for an increase of capital, the sum of twenty-five dollars; on every act incorporating or chartering, or renewing or extending the corporate powers of any insurance company, except mutual companies, the sum of one-half of one dollar per thousand on the largest amount of capital authorized, and on every supplement thereto, except such as provide for an increase of capital, the sum of twenty-five dollars; on every act incorporating or chartering, or renewing or extending the corporate powers of any water power, aqueduct, or gaslight company, the sum of fifty dollars, and on every supplement thereto the sum of twenty-five dollars; on every act incorporating or chartering, or renewing or extending the corporate powers of any steamboat, ferry, express, bridge, plank road, manufacturing, or mining company, the sum of thirty dollars, and on every supplement thereto the sum of twenty dollars; on every act or supplement to an act granting corporate powers, or extending or renewing corporate powers in any case where the authority to grant such powers, is or may be vested by law in any court of this state, the sum of fifty dollars; on every private act or supplement thereto not herein before mentioned, except such as refer to benevolent, religious, charitable, or educational institutions, or to agricultural societies, fire or military companies, the sum of twenty-five dollars.

Approved March 6, 1858.

Officers to be elected by

ballot.

Officers to

receive and canvass votes.

CHAPTER XCVI.

AN ACT to authorize the inhabitants of the township of Mannington, in the county of Salem, and the township of Livingston, in the county of Essex, to vote by ballot at their town meetings.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the inhabitants of the township of Mannington, in the county of Salem, and the township of Livingston, in the county of Essex, authorized by law to vote at their town meetings, are hereby authorized and required to elect by ballot, and not otherwise, at their annual town meetings, the following officers, until otherwise required by law, whose qualifications shall be the same as are now, or hereafter may be fixed by law, that is, in the said townships, a township clerk, a judge of election, an assessor, a collector, two chosen freeholders, two surveyors of the highway, three commissioners of appeal, one or two overseers of the poor, as many overseers of the roads as they may from time to time direct, a town committee consisting of five persons, a superintendent of common schools, as many justices of the peace as the respective townships may be constitutionally entitled to elect, one or more constables, one or more pound-keepers, and all such other officers as the inhabitants of the said townships now are, or hereafter may be, authorized to elect, and also upon the same ballot designate the place for holding the next town meeting, and also the place for holding the next annual election.

2. And be it enacted, That the officers now authorized by law to receive and canvass the votes for justice of the peace in the said township of Mannington, and township of Livingston, shall be, and are hereby, authorized and required to receive and canvass, at the same time and in the same manner, the votes for the several township officers as aforesaid, and shall make a return of the result of the said vote to the clerk of the township, and publish a list

thereof in the same manner as is now required by law; provided, however, that when no justice or justices of the Proviso. peace are to be elected, it shall be lawful for the officers aforesaid to open the polls at nine o'clock A. M., and close the same at three o'clock P. M., the same day.

3. And be it enacted, That this act shall be deemed a Public act. public act, and shall take effect immediately. Approved March 6, 1858.

CHAPTER XCVII.

AN ACT to incorporate the Bridgeton and Fairfield Turnpike Company.

ers to receive

tions.

1. BE IT ENACTED by the Senate and General Assembly of Commissionthe State of New Jersey, That all such persons as shall be- subscrip come subscribers to the capital stock hereinafter mentioned, their successors and assigns, shall be and are hereby ordained, constituted, and made a body politic and corporate, in fact and in law, by the name of "The Bridgeton and Fairfield Turnpike Company," and that Charles E. Elmer, Jonathan Elmer, Benjamin R. Bateman, William D. Barrett, George M. Swing, Theophilus E. Harris, and John Trenchard, or a majority of them, are hereby appointed commissioners to open the subscription books and receive subscriptions to the capital stock, at such times and places as they or a majority of them may direct, giving notice thereof at least twenty days prior to the opening of said books, by publishing the same in one of the Cumberland county newspapers.

Amount of capital stock.

Election of directors.

2. And be it enacted, That the capital stock of said company shall be five thousand dollars, with the privilege of extending it to any sum not exceeding twenty thousand dollars, and shall be divided into shares of twenty-five dollars each; that at the time of subscribing to said stock, the sum of two dollars shall be paid upon each share subscribed for, to the said commissioners or any of them, which money shall be paid over to the treasurer of the company, as soon as one shall be appointed; that the residue of said stock shall be paid in such instalments, and at such times and places, and to such person or persons as the board of directors of said company shall from time to time direct, and give public notice thereof in manner aforesaid; and that upon failure of the payment thereof, as so directed, the said board shall have power to forfeit the shares of each and every person so failing to pay said instalment, or any of them, to and for the use of said company; and that the number of shares to be subscribed by one person, for the first ten days after the books shall have been opened by said commissioners, shall not exceed one hundred.

3. And be it enacted, That the affairs of said company shall be managed by a board of seven directors, a majority of whom shall be a quorum for the transaction of business, but any less number may adjourn from time to time; and when one hundred shares of said stock shall have been subscribed for, the said commissioners or a majority of them shall call a meeting of the stockholders, giving at least twenty days' notice of the time and place of such meeting, as heretofore directed with regard to the opening of said books, at which meeting the subscription books shall be laid before the stockholders, who shall thereupon proceed to elect, by ballot, seven directors for the term of one year, a majority of whom shall be citizens of this state, of which election the said commissioners, or a majority of them, shall be the judges; and that at the expiration of said term, and annually thereafter, upon like notice to be given by the board of directors for the time being, the stockholders shall elect, by ballot, seven directors, a majority of whom shall

be citizens of this state; and the judge of said election shall be appointed by said board; and at every such election, and in all other cases in which the stockholders shall be entitled to vote, a vote may be given for each share by the holder or holders thereof, in person or by proxy; and that if one hundred shares of said stock shall not be subscribed for within two years, and the said road completed within four years from the passage of this act, that this act shall be null and void, and the said commissioners, after deducting therefrom the expenses incurred, shall return to the respective subscribers, or their representatives, the residue of the money paid by them, in proportion to the sum paid.

president.

4. And be it enacted, That as soon as conveniently may Election of be after the first and subsequent annual elections of directors, they shall elect from their number a president of said company for the term of one year, and until another shall be elected, who shall be a citizen of this state, and shall receive such compensation for his services as the board of directors may direct; he shall preside at all meetings of said board, and in case of his absence the said board shall appoint some one of their number, who, for the time being, shall possess the same power and authority, and perform the like duties; and the board of directors may fill any vacancy that may occur therein, until the next annual election, and may exact from the president, treasurer, and other officers and agents of said company, such security for the due performance of their respective trusts as they may deem expedient; and special meetings of the stockholders may be called by the said board, or by the stockholders. owning one-fourth of the whole stock of the company, by giving at least ten days' notice of the time and place of holding the same, and the object for which such meeting is called.

statement to

5. And be it enacted, That at the annual meeting of the Annual stockholders, the board of directors of the preceding year be made. shall exhibit to them a full and complete account of the affairs of the company during said term.