and paid off, order and cause to be assessed and collected by tax at the same time and in the same manner as other taxes are assessed and collected in such counties, a sum of money sufficient to pay the interest on the said bonds as the same shall become due and payable, and to pay and discharge the principal at the several times it shall become due and payable.

3. And be it enacted, That this act shall take effect immediately.

Approved March 21, 1895.

How the improvement shall be paid for.

CHAPTER CCX.

An Act respecting the paving and repaving of streets, avenues and public highways in cities of the first class in this state, and providing for the payment of assessments for especial benefits to property benefitted thereby and the payment of contractors supplying the work and material therefor.

1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That when the board or body having control of the streets and highways of any city of the first class of this state shall by ordinance provide for the paving or repaving of any street, avenue or public highway in such city under the provisions of this act, and shall enter into a contract for the work and material or any part thereof necessary or conve nient for carrying out the provisions of such ordinance and for the performance of the work therein provided for, it shall be the duty of such city to pay for such work and material in the manner following: twentyfive per centum of each payment made pursuant to the terms of every such contract may be paid in current funds from the capital fund account for paving and repaving in such city, or from such other fund as may be provided therefor; the remaining seventy-five per centum shall be paid in current funds from the sale of temporary loan bonds, to be issued by the common council or other body having charge of the finances of

such city and which bonds shall upon their face indicate that they are issued for street paving and repaving; and it shall be the duty of the proper officers of such city to keep a record of all temporary loan bonds issued under the authority of this act and the time and place of payment, both of principal and interest, and make proper provisions for the payment of the same as herein. provided; said bonds shall bear interest at a rate not exceeding five per centum per annum, and shall be payable at the expiration of not more than five years from the date of issue.

Assessment shall

2. And be it enacted, That hereafter assessments upon settin property especially benefited by the paving or repaving installments. of any street, avenue or public highway in any city of the first class in this state, made under an ordinance as herein provided, shall be payable in five installments, the first on or before forty days from the date of the confirmation of such assessment, the second, third, fourth and fifth in one, two, three and four years after date of such confirmation respectively; the first installment of such assessment to be paid by the owner of property especially benefited shall equal one-fifth of the total assessment upon said property; the second shall be for a like amount, together with interest computed at five per centum per annum upon the unpaid balance of such assessment, and each succeeding installment shall be for one-fifth of the amount of the original assessment, together with interest computed at the rate of five per centum per annum upon the unpaid balance of the assessment; the owner of the property so assessed for especial benefits may, at his option, pay the whole of the assessment on or before forty days from the date of its confirmation or at any time thereafter, with interest at five per centum, instead of installments as herein provided for; in case any installment of such assessment is not paid by the owner of property assessed for especial benefits at the time when the same is due and payable, then and in that case interest upon such installment shall thereafter be computed at the rate of ten per centum per annum; no property so when property assessed for especial benefits shall be sold for the may be sold for non-payment of such assessment or any installment

assessments.

Amount unassessed upon

fitted shall be charged to capital fund account.

.

thereof, and no proceedings shall be taken to enforce the collection of such installments so due and unpaid until four years from the date of confirination of said assessment, at which time, however, it shall be the duty of the comptroller and other proper officers of the city to cause such assessments to be collected in the same manner as assessments are now collected for like street improvements in said city.

3. And be it enacted, That when the commissioners of assessment or other body charged with making an assessment upon the property especially benefited by such paving or repaving shall have made its assessment, and the same shall have been confirmed, the amount remaining and unassessed upon property espeproperty bene pecially benefited and thereby charged to the city at large, shall be charged to and deducted from the capital fund account for paving and repaving in such city, or from such other fund as may be provided therefor, and there shall be credited back to said fund the twentyfive per centum of the cost of such improvement if theretofore charged against such fund for paving and repaving in such city or such other fund as may be provided therefor; and in case the amount so charged to said capital or other fund for paving or repaving in such city shall exceed the twenty-five per centum of the cost of such improvement, such excess shall be pledged to and used for the redemption of temporary ioan bonds issued for said improvement; and in case the amount so charged as aforesaid shall be less than twenty-five per centum of the cost of the said imDifference shall provement, then said difference shall be made good to the capital fund account from the proceeds of the sale of temporary loan bonds of the same character as those hereinbefore provided for; and all moneys received from the assessments of especial benefits or the installments thereof shall be pledged and used for the redemption of the outstanding temporary loan bonds issued as aforesaid.

be made good by sale of bonds.

Proceedings

shall refer to

4. And be it enacted, That all written or printed the number of proceedings had under the provisions of this act shall refer to the number of the chapter of this act in the laws of this state.

this act.

5. And be it enacted, That all acts and parts of acts Repealer. inconsistent with this act be and the same are hereby repealed, and that this act shall take effect immediately.

Approved March 21, 1895.

CHAPTER CCXI.

An Act to provide for the incorporation of pathological and anatomical associations for the advancement of medical and surgical science.

physicians may form association.

1. BE IT ENACTED by the Senate and General As- Three or more sembly of the State of New Jersey, That any three or more physicians duly authorized and licensed to practice medicine under the laws of the state of New Jersey, who shall desire to associate themselves together for the purpose of pathological and anatomical study and the advancement of medical and surgical science may make, record and file a certificate in writing in manner hereinafter mentioned.

2. And be it enacted, That such certificate in writing what the certishall set forth:

I. The name or title assumed to designate such association;

II. The place or places in this state where the purposes of such association are to be carried out;

III. The purposes for which the association shall be formed;

IV. The names of the governors or directors who shall manage its affairs for the first year of its existence.

ficate shall set forth.

acknowledged,

filed

3. And be it enacted, That such certificate shall be shall be proved, proved or acknowledged and recorded, as is required of recorded and deeds of real estate, in a book to be kept for the recording of certificates of incorporation in the office of the clerk of the county where the purposes of such association are to be carried out, and after being so recorded

shall be filed in the office of the secretary of state; the Certified copy said certificate, or a copy thereof, duly certified by said clerk or secretary, shall be evidence in all courts or places.

shall be received in evidence.

Association shall be a body politic and corporate.

4. And be it enacted, That upon making such certificate and causing the same to be recorded and filed as aforesaid, the said physicians so associating, their successors and assigns, shall, by virtue of this act, be a body politic and corporate in fact and in law, by the name stated in such certificate, and by that name they and their successors shall have perpetual succession and power to sue and to be sued, plead and be impleaded, answer and be answered unto, in all courts and places whatsoever, to make and use a common seal, and the same to use at pleasure and take, have, hold, receive and enjoy any lands, tenements or hereditaments in fee simple or otherwise, and any goods, chattels or property of any description, real or personal, and whether acquired by gift, grant, devise, bequest or otherwise, and the same to grant, convey, lease, assign, sell or otherwise dispose of for the purposes of said association.

5. And be it enacted, That the directors or governors of such association shall have power from time to time to make, alter and amend by laws not inconsistent with the constitution of the United States or of this state, fixing or altering the number of its governors or directors for the management of its property and the regulation and government of its affairs and providing for the mode of filling vacancies in and removing any member from their number and prescribing qualifications for membership of the association and to appoint such agents and officers as shall in their judgment tend to promote or advance any purpose of the association and to prescribe their respective duties.

6. And be it enacted, That no governor or director of any association organized under this act shall receive, directly or indirectly, any salary or emolument from such association, nor shall any compensation whatever be voted, allowed or paid by the governors or directors. thereof, to any governor or director for services, either as governor or director, or in any other capacity.

7. And be it enacted, That the property of any asso