and company of the Monongahela navigation company to be- The Mononga come a party to the purchase of said improvement, and also at hela navigation any time to subscribe for, or purchase and hold, and transfer company may and dispose of, such number of shares in the capital stock of to purchase. the Youghiogheny Lock navigation company as they may

deem advisable.

become a party

SECTION 3. The affairs of the Youghiogheny Lock naviga- Board of manation company shall be conducted by a board of seven managers, gers. to be elected by the stockholders on the first Monday of June, in each year, to serve for one year and until their successors

shall be legally chosen; vacancies in the board shall be filled Vacancies. by the managers for the residue of the term. The managers shall choose from their number a president, to serve for one year; they shall also appoint a secretary, treasurer, and all Officers. other officers that may be needful, fix their compensation, and discharge them at pleasure. The board of managers shall also have power to make all necessary by-laws, rules and regula- By-laws. tions, and alter and repeal the same at pleasure. Meetings of the stockholders may be called, under such regulations as may Meetings. be fixed by the by-laws of the company; at all elections and meetings of stockholders, each stockholder shall be entitled to vote, in person or by proxy, one vote for each share he, she or Votes. they may hold or represent in the capital stock of the company; but no power of attorney to vote at any election or stockholders' meeting, shall be valid, unless executed and dated within two months immediately preceding such election or meeting; notice of all elections and meetings of the stockholders shall Notices of elecbe given by two weekly publications in four newspapers, two tions and meetpublished in the county of Allegheny and two published in the county of Westmoreland.

ings.

SECTION 4. The purchasers of said improvement shall, as soon Organization. as convenient after the sale and delivery of the deed for the same, organize the said Youghiogheny Lock navigation company, by the election of seven managers, to serve until the first Monday of June next succeeding such election, and until their successors shall be legally chosen. The stock of said company shall be divided into shares of fifty dollars each, for which each Shares of stock, stockholder shall receive certificates, signed by the president and secretary, and having the corporate seal of said company affixed; all transfers of stock shall be made in person or by at- Transfers. torney, upon the books of the company, upon the surrender of the certificates representing the same, in the presence of the president or secretary. The purchasers of the improvement shall be entitled to shares in the capital stock in proportion to

certificates, &c.

their respective interests in the purchase. The capital stock Capital stock may, at any time, be increased, by the consent and approval of may be increased stockholders representing two-thirds of the entire capital stock,

given at a meeting of stockholders.

SECTION 5. That it shall be lawful for the board of man- Authorized to

agers of the Youghiogheny Lock navigation company, when- borrow money. ever it may be necessary for the maintenance or repair of their improvement, to borrow any sum or sums of money, not exceeding twenty thousand dollars in the aggregate, at any rate

of interest not exceeding seven per cent. per annum, and to To issue bonds, issue the bonds of the company therefor, payable at any period &c.

Proviso.

Remedy of bond

non-payment.

Proviso.

not exceeding twenty years, and to secure the payment of the same, and the interest accruing, by a mortgage or mortgages upon the entire improvement, locks, dams, lock-houses, and all real and personal estate, and all tolls, revenues, profits and receipts, and also the franchises, rights, powers and privileges of the said Youghiogheny Lock navigation company: Provided, That the board of managers shall not execute any bonds and mortgages, for any sum or sums exceeding in the aggregate three thousand dollars, unless the same shall have been previously authorized and approved by stockholders representing two-thirds of the entire capital stock of the company, at a stockholders' meeting.

SECTION 6. That it shall be lawful for the holders of any holders in case of bonds and mortgages that may be executed in pursuance of the fifth section of this supplement, their executors, administrators or assigns, upon their non-payment, to institute proceedings in the proper court of any one of the counties through which said improvement passes, and where such mortgage or mortgages may be recorded, and upon judgment or judgments which may be had thereon, to sell the entire improvement, estate, effects, franchises and rights which may be so mortgaged, as fully and to all intents and purposes the same as if said proceedings and sale were had in each of said counties: Provided, That notice same as may be required for sale of other real estate on like process, shall be given in each of the counties through which said improvement passes, or where any part of their real estate may be situate: And provided further, That the purchaser or purchasers, at any such sale, their associates, successors and assigns, shall have and enjoy all the corporate rights, franchises, powers and privileges, and be subject to all the restrictions and limitations of the said Youghiogheny Lock navigation company, by the same name and title, as fully and to all intents and purposes the same as they may, at the time, be held by the said company, and in proportion to their several interests in such purchase, and with the same representation of stock.

Proviso

Repeal.

SECTION 7. That all acts and parts of acts of assembly inconsistent with the provisions of this supplement, be and the same are hereby repealed.

ELISHA W. DAVIS, Speaker of the House of Representatives.

ROBT. M. PALMER,

Speaker of the Senate.

APPROVED-The eleventh day of April, Anno Domini one

thousand eight hundred and sixty-one.

A. G. CURTIN.

No. 279.

AN ACT

Relative to the Catasauqua and Fogelsville Railroad Company.

SECTION 1. Be it enacted by the Senate and House of Represen tatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That

the Catasauqua and Fogelsville railroad company be and they Authorized to are hereby authorized to make one or more branches from their make branches. road to the iron ore mines situated in Lehigh and Berks coun

ties; no branch to exceed six miles in length; and to enjoy all

the privileges and be subject to all the restrictions contained in Subject to. their original charter and the supplements thereto.

SECTION 2. That the time for completing the Catasauqua and Extension. Fogelsville railroad to Long Swamp township, Berks county, be

extended six years.

ELISHA W. DAVIS,

Speaker of the House of Representatives.

ROBT. M. PALMER,

Speaker of the Senate.

APPROVED-The eighth day of April, Anno Domini one thousand eight hundred and sixty-one.

A. G. CURTIN.

No. 280.

AN ACT

To incorporate the Walker Hall Association of Germantown.

SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That William K. Smith, William Sibson, Charles F. Siddon, Casper Corporators. Guyer, Frederick A. Burness, Jacob Mushler, William Toplis, William F. Smith, and their successors, and all persons who now are or hereafter may be holders of the stock hereinafter mentioned, be and they are hereby created and erected into a body politic and corporate, in deed and in law, by the name,

Style.

Purposes of.

style and title of the Walker hall association of Germantown; and by that name shall have perpetual succession, and be able Powers and privi- to sue and be sued, plead and be impleaded, in any court of law leges. or equity, and elsewhere; to have a common or corporate seal, and the same to alter and renew at pleasure; and shall be able and capable, in law and in equity, to take and hold, to them and their successors, either by grant, gift, devise or lease, any lands or real estate, for the purpose of erecting thereon a suitable building or buildings for the use of said association; and also to take and hold, for the use of said association, any goods and chattels, sum or sums of money, by gift, grant, bargain, sale, will, devise or bequest, from any person or persons whatsoever capable of making the same, and the same, at their pleasure, to grant, bargain and sell, for the use of said association; and generally to do all and singular the matters and things which shall be lawful for them to do, for the well being and due management of the affairs of the said association; and shall have and exercise all the rights, privileges and immunities necessary for the purposes of the corporation hereby constituted.

Object.

Location of buildings.

Capital stock.

Board of managers.

Election.

Votes.

Officers.

held.

SECTION 2. The object of said corporation shall be to provide, erect and furnish, a hall, or suitable building or buildings, in the Twenty-second ward of the city of Philadelphia, for the accommodation of the lodges of the Independent Order of Odd Fellows, and other societies, established or to be established there.

SECTION 3. That the capital stock of said corporation shall not exceed twenty thousand dollars, which shall be divided into two thousand shares of ten dollars each, and be issued and transferred in accordance with such by-laws as the managers may establish.

SECTION 4. That the government and control of the said Walker hall association, and the management of its property and affairs, shall be vested in, and the corporate powers of said company shall be exercised by, a board of seven managers, who shall be elected annually, on the second Monday in March, by ballot, from the stockholders, each stockholder to be entitled to one vote for each share of stock held by him. The managers shall continue in office until their successors be elected; they shall elect a president, secretary and treasurer, from among themselves, supply all vacancies in their number, however occasioned; and that until others be duly elected, the persons named in the first section of this act shall be held to be managers of the said corporation, and shall have power and authority as such.

Annual meeting, SECTION 5. That a general meeting of the stockholders, for when and where the election of managers and the transaction of other business, shall be held annually, on the second Monday in March, at such time and place as shall be designated by the board of managers; of which meeting, at least one week's public notice shall be preSpecial meetings viously given; and special meetings of the corporation shall be called and held as shall be provided by the by-laws thereof.

Reservation.

SECTION 6. That the legislature hereby reserves the right to alter, revoke or annul the charter of the said Walker hall association of Germantown, whenever, in their opinion, it may be injurious to the citizens of this commonwealth; in such man

ner, however, that no injustice shall be done to the corporators thereof.

ISAAC A. SHEPPARD,

Speaker of the House of Representatives pro tem.

ROBT. M. PALMER,

Speaker of the Senate.

APPROVED-The twenty-fifth day of March, Anno Domini one thousand eight hundred and sixty-one.

A. G. CURTIN.

No. 281.

A SUPPLEMENT

To the act to incorporate the Chestnut Hill Water Company.

SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That

the Chestnut Hill water company is hereby authorized to bor- May borrow morow the sum of forty thousand dollars, on mortgage of their ney and mortlands, works, property and corporate franchises, and to issue gage property. bonds of the company to that amount, to be secured by said

mortgage, payable at such time or times as the board of man

agers shall appoint.

tion defined.

SECTION 2. That it is hereby declared to be the true intent The intent of cerand meaning of the act incorporating said Chestnut Hill water tain parts of the company, passed April twenty-fourth, one thousand eight hun- act of incorporadred and fifty-six, that the works and property of said company should be located on Chestnut Hill, in Philadelphia and Montgomery counties, to supply the inhabitants thereof, and of the neighborhood adjacent thereto, with water; and the restrictions in the second section of the said act contained, not to extend Repeal of certain the pipes beyond Miller's lane, nor beyond Allen's lane, are restrictions. hereby repealed.

ELISHA W. DAVIS,

Speaker of the House of Representatives.

ROBT. M. PALMER,

Speaker of the Senate.

APPROVED-The twelfth day of April, Anno Domini one thou

sand eight hundred and sixty-one.

A. G. CURTIN.