Exception. May issue other Subject to. pany which extends from Sunbury to Williamsport, on which a mortgage for one million of dollars now exists. SECTION 3. That the said company be and is hereby authorized to execute, under its corporate seal, forty bonds, for one hundred thousand dollars each, payable in forty years from the date thereof, bearing interest at the rate of six per centum per annum from and after the first day of January, one thousand eight hundred and seventy-two, and secure the payment of the Mortgage to the same by a mortgage to the commonwealth of all the railroad of commonwealth. the said company, finished, unfinished and to be finished, and all the property, rights, privileges and franchises, including locomotives, cars and rolling stock of the said company, which said mortgage shall be subject to the mortgage authorized by the second section of this act, and to the mortgage for one million of dollars on that part of the said road which extends from To be delivered Sunbury to Williamsport; and the said company shall deliver of sinking fund the said forty bonds, together with the said mortgage, to secure and received as the payment of the same, to the commissioners of the sinking collateral securi- fund, and the said commissioners shall receive the same as collateral security for the payment of the said five per cent. bonds for three million five hundred thousand dollars, now in Treasurer to can- the sinking fund, and the treasurer of the commonwealth shall thereupon cancel and surrender all the bonds belonging to the said company, and deposited in his office for safe keeping, under the provisions of the act for the sale of the state canals. to commissioners ty. eel and surrender certain bonds. and interest of Time for paySECTION 4. That the time for the payment of the principal and ment of principal interest of the said bonds for three million five hundred thoubonds, extended. sand dollars, now in the sinking fund, be and the same is hereby extended till the maturity of the bonds for four millions of dollars, to be given as collateral security aforesaid, and the payment of the said collateral bonds, with the interest thereon, as the same shall become due and payable, shall be full satisfaction of the said bonds for three million five hundred thousand dollars and of the conditions thereof: Provided, That the whole amount of principal and interest so to be paid by the said company, shall not be less than the debt now owing by the said company to the commonwealth, with the stipulated interest thereon till the time of payment. Proviso. Cancellation of bonds. Trustees of mort gago to enter sat isfaction. Lien extinguish ed. Bonds to be de sury. SECTION 5. That on the surrender and cancellation of all the five per centum bonds of the said company, made by authority of the act for the sale of the state canals, approved the twentyfirst of April, one thousand eight hundred and fifty-eight, except those belonging to the state for three million five hundred thousand dollars, and now in the sinking fund, it shall be the duty of the trustees of the mortgage for seven millions of dollars, executed by the said company to secure the payment of the said bonds, forthwith to enter satisfaction on the record thereof, and the lien of the said mortgage shall thereupon be discharged and forever extinguished. SECTION 6. That all the bonds authorized by the second secposited in trea- tion of this act, shall be deposited in the office of the state treasurer, for safe keeping, and shall be delivered to the said company for issue, as hereinafter provided; that is to say, that when satisfaction is entered on the record of the mortgage mentioned in the fifth section of this act, the governor shall, by his war rant, authorize the state treasurer to deliver to the said company Warrant of govone thousand of the said bonds, which, or the proceeds of which, ernor authorizing delivery of shall be appropriated by the company to the purposes mentioned one thousand in the second section of this act; and upon notice to the gov- bonds. ernor that such appropriation has been made, he shall forthwith appoint a competent person to examine and report, at the ex- Appointment of pense of the said company, the indebtedness liquidated and work person to examine and report done, and on being satisfied of the faithful application of the upon application said bonds, or the proceeds thereof, the governor shall then, in of bonds, &c. the manner aforesaid, authorize the delivery of another thou- Delivery of sand of the said bonds to the said company, for the purposes another thouaforesaid, and the remainder thereof from time to time, and on the same conditions, pari passu with the progress of the said Remainder on work and the equipment thereof; but before any of the said same condition. bonds are delivered to the said company for issue, there shall be sand bonds. endorsed on each of them the words, 'Issued by authority of an To be endorsed. act of assembly, entitled An Act to change the name of the Sunbury and Erie railroad company, and to facilitate the com pletion of a railroad from Sunbury to Erie,'' over the signature Signature and and official seal of the secretary of the commonwealth, who is seal of secretary. hereby authorized to sign and seal the said certificate as afore said: Provided however, That such endorsement shall not ren- Proviso. ELISHA W. DAVIS, Speaker of the House of Representatives. ROBT. M. PALMER, Speaker of the Senate. APPROVED-The seventh day of March, Anno Domini one thousand eight hundred and sixty-one. A. G. CURTIN. No. 102. AN ACT To change the name of the Harmonia Sacred Music Society of Philadelphia. 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 name of the corporation called heretofore the Harmonia Sacred Music society of Philadelphia, be changed to that of the Harmonia Musical society of Philadelphia, by which latter name the said corporation shall be hereafter known and designated; and that all the rights and privileges to which the said society is now entitled, shall continue the same and as fully as if the said change had not occurred. ELISHA W. DAVIS, Speaker of the House of Representatives. ROBT. M. PALMER, Speaker of the Senate. APPROVED-The twenty-sixth day of February, Anno Domini one thousand eight hundred and sixty-one. A. G. CURTIN. Corporators. Style. No. 103. AN ACT To incorporate the Philadelphia Skating Club and Humane Society. 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 Franklin Peale, James Page, Conrad B. Andress, James Sullender, Edward W. Bushnell, Washington L. Germon, William Van Hook, Alexander E. Harvey, Edward D. Yates, William H. Taggart, M. D., John H. Brinton, M. D., Charles S. Boker, M. D., John K. Kane, M. D., and David W. Sellers, and all and every person who shall, at the time of the passing of this act, be members of the association called the Philadelphia skating club and Humane society, shall be and they are hereby created and declared to be one body politic and corporate, by the name, style and title of the Philadelphia skating club and Humane society; and by the same name shall have perpetual succession, Powers and privi- and shall be able to sue and be sued, implead and be impleaded, leges. in all courts of record or elsewhere; and to purchase, receive, have, hold and enjoy, to them and their successors, lands, tenements, rents, annuities, franchises and hereditaments, goods and chattels, of what nature, kind or quality soever, real, personal or mixed, or choses in action, and the same from time to time to sell, grant, devise, alien or dispose of; and also to make and have a common seal, and the same to break, alter and renew at pleasure; and also to ordain, establish and put in execution such by-laws, ordinances and regulations as shall appear necessary and convenient for the government of the said corporation, not being contrary to this charter or the constitution and laws of the United States or of this commonwealth; and generally to do all and singular the matters and things which to them it shall lawfully appertain to do for the well being of the said corporation, and the due management and ordering of the affairs thereof: Provided, That the clear yearly value or income of the Seal. By-laws. Proviso. real and personal estate of the said corporation shall not exceed the sum of two thousand dollars. SECTION 2. The object of the association shall be instruction Objects. and improvement in the art of skating, the cultivation of a friendly feeling in all who participate in the amusement, and the efficient use of proper apparatus for the rescue of persons breaking through the ice. ELISHA W. DAVIS, Speaker of the House of Representatives. ROBT. M. PALMER, Speaker of the Senate. APPROVED-The twenty-eighth day of February, Anno Domini one thousand eight hundred and sixty-one. A. G. CURTIN, No. 104. AN ACT To incorporate the Towanda Telegraph 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 James Macfarlan, C. F. Wells, Jr., C. L. Ward, G. F. Mason, Corporators M. C. Mercur, U. Mercur, John C. Adams, William Elwell and Jos. Powell, and their associates, and such other persons as may hereafter become stockholders in the company to be called the Towanda telegraph company, their associates and assigns, shall style. be and are hereby made and constituted a body politic and corporate, for the purpose of making, using and maintaining a tele- Purposes of. graph line from Towanda to Athens or Waverly, in the county Route. of Bradford, and with power to extend the same from Towanda May extend. to Pittston, in Luzerne county, and to purchase, make, use and maintain any connecting or side lines which are now or here- Power to make after shall be made within the counties of Bradford, Wyoming, connecting lines. Luzerne, Sullivan or Tioga; and by the said name, style and Limitation. title of the Towanda telegraph company, shall have all the powers, rights and privileges and immunities, and be subject to Rights and priviall the restrictions and provisions contained in an act, entitled leges. "An Act to incorporate the Philadelphia and Wilkesbarre tele- Subject to. graph company," approved the twenty-ninth day of March, one thousand eight hundred and forty-nine. SECTION 2. The persons named in the first section of this act, Time and place or any three of them, shall call a meeting in the borough of of meeting." Towanda, on the first Monday of September next, or at any time previous, of the corporate body hereby created, giving ten days' Notice. notice of the time and place of holding the same, in at least one newspaper published in Bradford county, for the purpose of Election of off- choosing a president, secretary, treasurer and five directors; cers. Proviso. Proviso. which directors, with the president, shall constitute the board. of directors for the management of the affairs of the company: Provided, That the annual and other meetings of the corporation shall be held at such time and place as may be prescribed by the by-laws: And provided further, That each share of stock shall be entitled to one vote in all elections: And provided further, The enrolment tax for this act shall be ten dollars. ELISHA W. DAVIS, Speaker of the House of Representatives. ROBT. M. PALMER, Speaker of the Senate. APPROVED-The twenty-fifth day of February, Anno Domini one thousand eight hundred and sixty-one. A. G. CURTIN. Privileges. No. 105. A FURTHER SUPPLEMENT To an act to incorporate the Greensburg Gas and Water Company, ap proved April first, one thousand eight hundred and fifty-eight. 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 Change of name. the name and title of the Greensburg gas and water company be changed and altered to Greensburg gas company; and that all the property, real and personal, of the Greensburg gas and Property vested. Water company, shall be fully and entirely held by and vested in the Greensburg gas company; and that the Greensburg gas company shall have and enjoy all the rights, privileges and immunities heretofore granted to the Greensburg gas and water company: Provided, That so much of the act to which this is a further supplement, as grants the right to erect water works and supply water, and also the last proviso contained in the third section of said act, to be and the same are hereby repealed. SECTION 2. That hereafter the annual election for managers shall be held on the fourth Monday of January, in each year; Vacancies, how vacancies in the board of managers may be filled by special elections, to be ordered by the board; meetings of the stockholders may be convened at any time, under such regulations as may be established by the by-laws of the company, of which same notice shall be given as provided for elections, at which Proviso. Annual election. filled. Meetings. |