HOUSE.....No. 10. Commonwealth of Massachusetts. In the Year One Thousand Eight Hundred and Forty Eight. AN ACT To authorize Mutual Fire Insurance Companies to Insure Property situated out of the State. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, as follows: 1 SECT. 1. All mutual fire insurance companies 2 heretofore incorporated in this Commonwealth, may 3 insure dwelling-houses, and other buildings, and 4 personal property, situated without the limits of the 5 state: provided, that this act shall not take effect in 6 reference to any company, until it shall be accepted 7 at a meeting of such company, called for the pur 8 pose: provided, also, that any member of a company 9 accepting this act, who shall dissent from its accept10 ance, shall have the right, at any time within three 11 months after such acceptance, to cancel his policy, 12 after having paid all assessments and dues from him, 13 under said policy. 1 SECT. 2. This act shall take effect from and after 2 its passage. HOUSE.....No. 11. Commonwealth of Massachusetts. In the Year One Thousand Eight Hundred and FortyEight. AN ACT To incorporate the Sylvic Gas Light Company. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, as follows: 1 SECT. 1. Benjamin F. Coston, A. Thomas Smith, 2 Ambrose Lovis, their associates and successors, are 3 hereby made a corporation, for the purpose of manu4 facturing, in the city of Boston, gas, and apparatus 5 for generating gas, from rosin, or other substances, 6 under the name of the Sylvic Gas Light Company, 7 with all the powers and privileges, and subject to all 8 the duties, restrictions, and liabilities, set forth in the 9 thirty-eighth and forty-fourth chapters of the Revised 10 Statutes. 1 SECT. 2. The said corporation may hold, for the 2 purposes aforesaid, real estate, to the value of fifty 3 thousand dollars; and the whole capital stock of said 4 company shall not exceed two hundred thousand 5 dollars. 1 SECT. 3. The said corporation, with the consent 2 of the mayor and aldermen of any city, or of the 3 selectmen of any town, in this Commonwealth, shall 4 have power and authority to manufacture, in such 5 place, or places, as may be most convenient, gas, for 6 lighting any such city or town, and to open the ground 7 in any street, lane, or highway therein, for the pur8 pose of sinking and repairing such pipes and conductors 9 as it may be necessary to sink, for the purposes afore10 said; and the said corporation, after opening the ground 11 in such street, lane, or highway, shall be held to put 12 the same again in repair, under the penalty of being 13 prosecuted for a nuisance: provided, that the said 14 mayor and aldermen, or selectmen, for the time being, 15 shall at all times have power to regulate, restrict, and 16 control, the acts and doings of said corporation, which 17 may in any manner affect the health, safety, or con18 venience, of the inhabitants of said cities or towns. HOUSE.....No. 12. Commonwealth of Massachusetts. The Joint Standing Committee on Manufactures, to whom was recommitted the Bill to increase the capital stock of the Middlesex Company, with instructions to report the reasons for its passage, have carefully considered the same, and REPORT. The Middlesex Company was incorporated by an act of this legislature, passed on June 5th, 1830, for the purpose of manufacturing cotton and woolen goods, at Lowell, with a capital stock of $500,000. By an act, passed on February 19th, 1839, its capital stock was increased to the sum of $750,000, where it now stands. Its property, including its capital stock, is now of the kinds and values following, viz. :— Real estate, including land, boarding-houses, mills, machinery, and water-power, Personal property, viz. :-raw materials, and ma $675,000 |