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A further supplement to the act entitled " An act revising
and amending an act to incorporate the city of Paterson, passed March fourteenth, one thousand eight hundred and fifty-one.
WHEREAS, the citizens of Paterson, desiring that the calls of Preamble.
the government for troops, to be furnished by said city, to aid in suppressing the rebellion, should be filled with volunteers rather than with drafted men, did, by petition and otherwise, recommend and advise the mayor and aldermen of said city to offer and pay bounties to secure that object; and whereas, the said mayor and aldermen, pursuant to such recommendation and advice, and for the purpose so expressed, have paid the sum of thirty-eight thousand five hundred dollars, which, with the interest thereon, amounts to forty thousand dollars; and whereas, it is necessary that provision should be made for the payment of such indebtedness, and it is desirable that the same should be gradually paid off-therefore,
1. BE IT ENACTED by the Senate and General Assembly of Mayor and the State of New Jersey, That it shall and may be lawful for issue bonds. the mayor and aldermen of the city of Paterson, to provide for the payment of the said indebtedness, by issuing bonds under their corporate seal and the signature of the said mayor, for an amount of money not exceeding forty thousand dol-Not to exceed lars, in such sums, and payable at such time or times, as the said mayor and aldermen shall deem proper, bearing interest
at a rate not exceeding seven per cent. per annum, payable semi-annually, and with coupons attached, and to pledge the property and credit of said city for the payment of the same;
which bonds it shall be lawful for the mayor and aldermen, Proviso. and their successors, to sell and assign; provided, that no
bond shall be sold by the said mayor and aldermen for less than par; and provided further, that the bonds to be issued by virtue of this act shall be redeemable at a period of time
not to exceed twenty years from the passage hereof. Interest to be paid by tax.
2. And be it enacted, That the said mayor and aldermen shall have power and authority to provide by taxation for the payment of said bonds and the interest thereon, and that they shall yearly and every year, until the bonds so to be issued shall be redeemed and paid off, order and cause to be assessed and collected by tax, at the time and in the manner that other taxes in said city are assessed and collected, a sum of money sufficient to pay the interest on the said bonds as the same shall become due, and to pay and discharge the principal, at the several times it shall become due and payable; provided, that not less than one thousand dollars, nor more than five thousand dollars of the principal of said bonds shall be made redeemable in any one year.
3. And be it enacted, That it shall be the duty of the said mayor and aldermen to apply the net proceeds of the said bonds to the payment and satisfaction of the indebtedness incurred as aforesaid by the payment of bounties to volunteers, and that the payment of the same by the said mayor and aldermen be, and the same is hereby ratified and confirmed; and that the third and fourth sections of the act entitled “A further supplement to the act entitled “an act to incorporate the city of Paterson, approved March nineteenth, eighteen hundred and fifty-one, '" and which supplement was approved February twelfth, eighteen hundred and fifty-eight,
be and the same are, so far as they in any wise affect this act, Repealer. hereby repealed.
4. And be it enacted, That this act shall take effect immediately.
President of the Senate. JAMES T. CROWELL,
Speaker of the House of Assembly. Approved February 2, 1863.
A further supplement to an act entitled “An act to secure
to creditors an equal and just division of the estates of debtors who convey to assignees for the benefit of creditors,” approved April sixteenth, eighteen hundred and forty-six.
1. BE IT ENACTED by the Senate and General Assembly of inventore and the State of New Jersey, That in all cases arising after the corded by surpassage of this act, the inventory and list of creditors, with statement of claims required to be filed by assignees under the act to which this is a supplement, and the supplements thereto, shall be proved before the surrogate of the proper county, and recorded by him in a book to be provided for that purpose, and to be called “assignees' book;" and that for taking proof of such inventory and list, and for the recording thereof, the surrogate shall be entitled to the same fees as are Fees. allowed by law for like services in relation to inventories of deceased persons.
2. And be it enacted, That this act shall take effect immediately.
Approved February 4, 1863.
An Act concerning actions of replevin. 1. BE IT ENACTED by the Senate and General Assembly of supreme the State of New Jersey, That it shall be lawful for any su- sioner to uppreme court commissioner of this state to approve of replevin bonds to be hereafter given to any coroner in actions of replevin depending in any court of this state, and also to approve of the sufficiency of the sureties therein named; and such approval, which shall be endorsed by the commissioner on the bond, shall have the same force and effect as like approval by a judge, as now required by law, and thereupon
Securities to justify.
the coroner may proceed to serve the writ of replevin according to law.
2. And be it enacted, That before the commissioner shall endorse his approval on such bond, he shall require the sureties named therein to justify before him in usual form, and shall thereupon immediately file the affidavits of justification with the clerk of the court whence the writ of replevin issued.
3. And be it enacted, That this act shall take effect immediately.
Approved February 4th, 1863.
An Act explanatory of an act entitled “ An act to renew the
charter of the Farmers' and Mechanics' Bank of Rahway, and to increase the capital stock thereof,” approved the second day of February, one thousand eight hundred and sixty.
WHEREAS, doubts have arisen as to whether, under the pro
visions of the act entitled “An act to renew the charter of the Farmers' and Mechanics’ Bank of Rahway, and to increase the capital stock thereof,” approved the second day of February, one thousand eight hundred and sixty, the provisions of the fourth section of said act can take effect until the expiration of the time limited for the continuance of said corporation before the passage of said act; therefore,
1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That the provisions of the said fourth section of the said act shall be held and taken to apply to all elections and meetings of the stockholders of said corporation hereafter to be held, as fully and to all intents and purposes as they would have applied if the said provisions had been incorporated in the original charter of said corporation.
2. And be it enacted, That this act shall take effect immediately.
Approved February 4, 1863.
A further supplement to the act entitled “An act to incor
porate the Sussex Mine Railroad Company," approved March the ninth, eighteen hundred and forty eight.
1. BE IT ENACTED by the Senate and General Assembly of Mavextend the State of New Jersey, That it shall be lawful for the Šussex Railroad Company, and it is hereby authorized and empowered to construct a branch railroad from some convenient point on the present line of their railroad to some convenient point at or near to Franklin Furnace, in the county of Sussex, and from thence, if the said company shall deem it expedient, in a northerly direction to such other point in said county as may be deemed most for the public good, and to construct spurs or branches from their present railroad, and from the branch road hereby authorized, to any other point or place in said county; provided always, that no branches or spurs shall be constructed under the authority of this act, except such as shall be commenced within five years after its passage.
2. And be it enacted, That for the purpose of carrying into Privileges and effect the objects of this act, the said company shall be and it is hereby invested with all the rights, powers, authority and privileges given by the act to which this is a supplement, and the several supplements thereto, and subjected to all the duties, restrictions and liabilities contained in said act and supplements, and not inconsistent with this act; and if, under the powers conferred by the eighth section of the supplement approved February the fifth, eighteen hundred and fiftythree, the said company shall deem it expedient to open separate subscriptions, and create separate stock, and open and Separato keep separate accounts for the said branches or spurs author- bility. ized by this act, or either of them, it shall be lawful to create and issue the said separate stock in such manner that the same, and the branch railroad or spur for the construction of which it shall be issued, together with the locomotives, cars, and other stock, apparatus and machinery, used in the constructing and operating of such branch or spur, shall not be liable to the payment of any part of the debts of said company not contracted for the construction or operating of such
stock and lia