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directors of said bank, at the time when the same became
an association for carrying on the business of banking under
the law of the United States, to dispose of and convey the
property of said corporation, and for no other purpose.

SECTION 2. This act shall take effect upon its passage.
Approved February 28, 1870.

AN ACT TO INCREASE THE CAPITAL STOCK OF THE DWIGHT MANUFAC- Chap. 39.

TURING COMPANY.

Be it enacted, &c., as follows:

value of shares.

tional shares.

SECTION 1. The Dwight Manufacturing Company is here- May reduce par by authorized to reduce the par value of the shares of its capital stock heretofore issued, to five hundred dollars each; and also, from time to time, to issue additional shares of its May issue addistock, not exceeding fifteen hundred in number, of the par value of five hundred dollars each. Said shares to be first offered to existing stockholders in proportion to their respective interests; and any shares not so taken shall be disposed of as the directors of said corporation may determine: pro- No shares to be vided, however, that no shares shall be issued until the par value has been value thereof has been actually paid in, in cash; and pro- Proviso. vided, further, that no issue of new stock shall be made until further authorized by a vote of its stockholders at a meeting called for that purpose.

SECTION 2. This act shall take effect upon its passage.

Approved February 28, 1870.

AN ACT TO INCORPORATE THE WORCESTER TIMES PRINTING AND

issued until par

paid

Chap. 40.

PUBLISHING COMPANY.

Be it enacted, &c, as follows:

pose.

SECTION 1. Charles B. Thomas, Isaac Davis, William A. Corporators. Williams, Edwin Conant, Frank H. Kelley, their associates and successors, are hereby made a corporation by the name Name and purof the Worcester Times Printing and Publishing Company, for the purpose of printing and publishing newspapers, books, and doing all kinds of job printing, in the city of Worcester; with all the powers and privileges, and subject to all the Powers and duduties, restrictions and liabilities set forth in all general laws which now are or may hereafter be in force relating to such

corporations.

ties.

and shares.

SECTION 2. The amount of the capital stock of said cor- Capital stock poration shall not exceed fifty thousand dollars, and shall be divided into shares of one hundred dollars each; and said corporation may hold real estate for the purposes herein set Real estate. forth to the amount of thirty thousand dollars: provided, however, that said corporation shall not go into operation un

til the sum of twenty thousand dollars has been paid in, in
cash.

SECTION 3. This act shall take effect upon its passage.
Approved February 28, 1870.

Chap. 41. AN ACT TO AUTHORIZE THE MASSACHUSETTS BAPTIST CONVENTION

$200,000 in real estate.

TO HOLD ADDITIONAL REAL ESTATE.

Be it enacted, &c., as follows:

SECTION 1. The Massachusetts Baptist Convention is hereby authorized to hold real estate to the amount of two hundred thousand dollars; and all income, arising from such real estate, shall be applied exclusively to the purposes of said corporation.

SECTION 2. This act shall take effect upon its passage.
Approved February 28, 1870.

Chap. 42. AN ACT TO REVIVE THE WASHINGTON BANK, FOr certain purposes.

Charter revived

of conveying real estate.

Be it enacted, &c., as follows:

SECTION 1. The corporation heretofore known as the Presfor the purpose ident, Directors and Company of the Washington Bank, and located in Boston, is hereby revived and continued for the purpose of enabling the president and directors of said Washington Bank at the time when the same became an association for carrying on the business of banking under the laws of the United States, to convey, assign and transfer to the Washington National Bank of said Boston, any real estate or interests therein of the said Washington Bank, and for no other purpose whatever.

SECTION 2. This act shall take effect upon its passage.
Approved March 3, 1870.

Chap. 43. AN ACT IN ADDITION TO AN ACT INCORPORATING THE WORCESTER

May hold real and personal

estate not ex

COUNTY FREE INSTITUTE OF INDUSTRIAL SCIENCE.

Be it enacted, &c., as follows:

SECTION 1. The Worcester County Free Institute of Industrial Science is hereby authorized to receive by gift, devise, ceeding $1,000,- bequest or otherwise, and to hold for the purposes for which it was incorporated, real and personal estate to an amount not exceeding one million dollars.

000.

May confer degrees.

SECTION 2. The aforesaid institute is hereby authorized and empowered to award and confer degrees appropriate to the several courses of study pursued in said institution. Approved March 3, 1870.

An Act to authoriZE THE FRANCONIA IRON AND STEEL COMPANY Chap. 44.

TO CONSTRUCT A WHARF IN WAREHAM.

Be it enacted, &c., as follows:

ham.

trol of harbor

SECTION 1. License is hereby given to the Franconia Iron May construct and Steel Company, to construct and maintain a wharf in wharf in Wareline of the south-east corner of the Parker Mills Wharf in Wareham, to the north-east corner of the said Franconia Iron and Steel Company's wharf in said Wareham: provided, Subject to conthat all things done under this act shall be subject to the commissioners. determination and approval of the harbor commissioners, as provided in the fourth section of chapter one hundred and forty-nine of the acts of the year eighteen hundred and sixty-six; and provided, that this license shall in no wise impair the legal rights of any person; and provided, further, Provisos. that this license may be revoked at any time, and shall expire at the end of five years after its taking effect, except so far as valuable structures may have been actually and in good faith built under the same.

SECTION 2. This act shall take effect upon its passage.
Approved March 3, 1870.

·AN ACT PROVIDING FOR THE DISTRIBUTION OF THE INCOME OF THE Chap. 45.

MASSACHUSETTS SCHOOL Fund.

Be it enacted, &c., as follows:

come of school

tributed for

specific appropriation.

SECTION 1. One-half of the annual income of the Massa- One-half of inchusetts school fund shall be apportioned and distributed for fund to be disthe support of public schools without a specific appropriation. public schools All money appropriated for other educational purposes, without speci unless otherwise provided for by the act appropriating the same, shall be paid from the other half of said income. the income in any year exceeds such appropriations, the surplus shall be added to the principal of said fund. SECTION 2. Section two of chapter thirty-six of the Gen- fund. eral Statutes is hereby repealed. Approved March 4, 1870.

If If income exations, surplus

AN ACT TO EXTEND THE TIME FOR THE LOCATION AND CONSTRUC-
TION OF THE EAST WALPOLE BRANCH RAILOAD.

ceeds appropri

to be added to principal of

Repeal.

Chap. 46.

Be it enacted, &c., as follows:

constructing

SECTION 1. The time for locating and constructing the Time extended East Walpole Branch Railroad is hereby extended to the for locating and first day of May, in the year eighteen hundred and seventy- road. two, and for the extension of the same to the first day of May, in the year eighteen hundred and seventy-three. SECTION 2. This act shall take effect upon its passage.

Approved March 4, 1870.

Chap. 47. AN ACT CONCERNING THE DUXBURY AND COHASSET RAILROAD COM

May contract with South

Shore and Old

Colony Railroad Čompanies for con

struction, &c.,

of its road.

South Shore and Old Colony

Railroad Com hold $200,000 of

panies may

its stock.

Bonds.

Bonds may be issued not ex

000.

Be it enacted, &c., as follows:

PANY.

SECTION 1. The Duxbury and Cohasset Railroad Company is hereby authorized to contract with the South Shore Railroad Company and the Old Colony and Newport Railway Company, or either of them, for the construction, completion and operation of its railroad, upon such terms as may be mutually agreed upon, and may sell or lease its railroad, franchise, and other property, with all its rights, to either of said last named corporations; and the corporation so purchasing or leasing shall hold, possess and enjoy all the powers, privileges, rights, franchise, property and estate which at the time of such purchase or lease were held and enjoyed by said Duxbury and Cohasset Railroad Company, and be subject to all the duties, restrictions and obligation to which the last named corporation was subject.

SECTION 2. The South Shore Railroad Company and the Old Colony and Newport Railway Company, or either of them, may subscribe for and hold stock in said Duxbury and Cohasset Railroad Company, to an amount not exceeding in the aggregate two hundred thousand dollars; and for the purpose of paying for such stock, may issue bonds secured by mortgage or otherwise; and said Old Colony and Newport Railway Company is hereby authorized to endorse or guarantee bonds of said South Shore Railroad Company issued for the purpose aforesaid, upon such terms as said corporations may agree.

SECTION 3. The Duxbury and Cohasset Railroad Company ceeding $100,- is hereby authorized, when the whole amount of its capital stock shall have been subscribed for by responsible parties, and twenty per cent. of the par value of each and every share thereof has been actually paid into its treasury, to issue bonds to an amount not exceeding one hundred thousand dollars, for the completion of its railroad, and secure the payment thereof by a mortgage of its railroad property, franchise and rights.

Act to be accepted within one year.

SECTION 4. This act shall take effect upon its passage, and shall be void unless accepted by the Duxbury and Cohasset Railroad Company within one year from the date hereof. Approved March 4, 1870.

Chap. 48. AN ACT TO INCORPORATE THE WEYMOUTH BRANCH FREIGHT RAIL

Corporators.

ROAD COMPANY.

Be it enacted, &c, as follows:

SECTION 1. Isaac Pratt, junior, Nahúm Stetson, Warren G. Comey, their associates and successors, are hereby made

a corporation, by the name of the Weymouth Branch Freight Name. Railroad Company; with all the powers and privileges, and Powers and dusubject to all the duties, restrictions and liabilities set forth ties.

in the general laws which now are or hereafter may be in force relating to railroad corporations, so far as the same may be applicable under the provisions of this act.

railroad for

of freight.

SECTION 2. Said corporation may locate, construct, main- May construct tain and operate a railroad, to be used for the transportation transportation of freight only, in the town of Weymouth, commencing at a point on the South Shore Railroad, about twenty-four hundred feet north-westerly of the East Weymouth station; thence running south-easterly and southerly across Commercial Street and Drury Lane; thence westerly of the shoe factory of Dizer and others; thence across Broad Street, passing in the rear of the houses of John Geary and Jacob Dizer; thence south-easterly across Shawmut Street to the premises of the Weymouth Iron Company; and may enter with its road upon and unite with the road of the South Shore Railroad Company by convenient switches, in such manner as may be mutually agreed upon in writing; and May contract said corporation may contract with the South Shore Railroad nance and oper Company, and the Old Colony and Newport Railway Company, or either of them, to maintain and operate its said railroad. SECTION 3. Said corporation may sell, assign or lease its May sell or railroad, franchise and other property to the South Shore to South Shore Railroad Company, or the Old Colony and Newport Railway roads. Company, and said last named corporations are hereby respectively authorized to purchase or hire the same.

for mainte

ation of road.

lease franchise

or Old Colony

Iron Company

Shore and Old

SECTION 4. The Weymouth Iron Company, the South Weymouth Shore Railroad Company and the Old Colony and Newport and South Railway Company, respectively, are hereby authorized to Colony roads subscribe for and hold shares in the capital stock of the may hold stock Weymouth Branch Freight Railroad Company.

in road.

SECTION 5. The capital stock of said corporation shall not Capital stock exceed fifty thousand dollars, and shall be divided into shares and shares. of one hundred dollars each, the number of which shall be determined, from time to time, by its directors.

SECTION 6. This act shall take effect upon its passage, within two To be located and shall be void unless said railroad shall be located within years and contwo years and constructed within three years from the date three years. hereof. Approved March 4, 1870.

structed within

AN ACT TO INCORPORATE THE MUTUAL LIFE INSURANCE COMPANY OF Chap. 49.

Be it enacted, &c., as follows:

BOSTON.

SECTION 1. Luther Stephenson, Jr., Samuel Little, David Corporators. Whiton, their associates and successors, are hereby made a

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