Board authorized to establish regulations. 12. And be it enacted, That the board of commissioners ordinances and may from time to time establish such ordinances and regulations as it may deem necessary and advisable for the security, health, government and protection of such place and its inhabitants; it may require railroad companies, the tracks of which extend across any of the streets or avenues of such place to keep flagmen at the principal streets which will be sufficient protection to travelers against danger from passing trains; it may regulate the widening, leveling, grading, watering, flagging and reflagging, curbing and recurbing, guttering and reguttering, paving and repaving, and graveling of the sidewalks and gutters in such commission; the laying of drains and construction and maintenance of sewers and culverts in any of the streets, avenues, highways or sections thereof in such commission; it may prescribe the manner in which any such work shall be performed and the mode in which the expense thereof shall be ascertained, and may cause such expense or any portion thereof not exceeding the special benefit to be assessed, in just and equitable proportions, on the property benefited in proportion to the benefit received whether improved or unimproved, no assessment upon any property to exceed the special benefit thereto, and determine the time and manner in which such assessment shall be collected; it may provide for the watering or sprinkling of the streets, highways and avenues of such commission; prescribe the manner in which such work shall be performed and the mode in which the expense thereof shall be ascertained and may cause such expense, or any portion thereof, to be assessed in just and equitable proportions upon the owners of lands fronting on such street, highway or avenue, whether improved or unimproved, according to the relative values of such lands; it may establish and regulate one or more pounds in such place; restrain and regulate the running at large of horses, cattle, swine and other animals, geese and other poultry, and authorize the impounding and sale of the same for the penalty incurred, and the costs of keeping and impounding and sale. Powers to lay out, 13. And be it enacted, That it shall be lawful for the board of commissioners, whenever in their opinion the public good requires it, by ordinance, to lay out and open any street, road, highway or alley, within said district; to order and cause any street, road, highway or alley, already laid out to be vacated, straightened, altered or widened; and to take and appropriate for such purpose any lands and real estate upon making compensation to the owner or owners thereof. mittees to pay assessed and purposes to board 14. And be it enacted, That no township committee of Township comthe township in which such place shall be situated shall over money have authority to supervise the expenditure of any money collected for road assessed and collected in such place, for road purposes, of commissionbut the same when collected shall be immediately paid ers. over by the township collector to the treasurer or proper custodian of the moneys of such board, to be by them expended on the streets in such place, under the direction of the street commissioner or board of commissioners, whether such street shall have been laid out by surveyors of the highway, by ordinance of the commissioners or otherwise, or shall have been dedicated to the use of the public. 15. And be it enacted, That when any license or licenses shall be granted by the court of common pleas of any county in which such commissioners are situate, to keep an inn or tavern, or saloon for the sale of malt liquors in such commissions, the money received by the clerks of such counties for granting such licenses shall be paid over by the clerks of such counties to the treasurer of such board for the use of such board and place. 16. And be it enacted, That all acts and parts of acts, general, special, local or otherwise, inconsistent with the provisions of this act, be and the same are hereby repealed. 17. And be it enacted, That this act shall take effect immediately. Passed April 17, 1884. 14 County clerk to pay over all money received for licenses to treasurer of board of com missioners. Passage of ordinances. Ordinance to be engrossed by clerk. Certificate to be entered by the clerk. Form of. Ordinance to be man and clerk. CHAPTER CXLI. An Act concerning township ordinances. 1. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey, That it shall not hereafter be lawful for the township committee of any township to introduce and finally pass at a single meeting of such township committee any ordinance which by law it is now, or hereafter may be, authorized to pass; but every ordinance that shall be introduced at any meeting of such township committee shall lie over and shall not be finally passed except at a meeting subsequent to that at which it shall be introduced. 2. And be it enacted, That all ordinances that have heretofore been passed, and all ordinances that shall hereafter be passed, by any township committee, shall be engrossed by the township clerk, in a book to be provided for that purpose, with a proper index, which book shall be deemed a public record of such ordinances, and shall be and remain in the custody of the township clerk. 3. And be it enacted, That at the foot of the record of each ordinance that has heretofore been passed by any township committee, the township clerk shall enter a certificate of the following or like effect; "I hereby certify that the foregoing is a true copy of an ordinance now on file in my office. Dated A. D. 1884. A. B., township clerk." 4. And be it enacted, That each and every ordinance that signed by chair shall hereafter be passed by any township committee shall be signed, in the said book of the record of ordinances, by the chairman of the township committee and the township clerk. published in newspaper. Ordinance to be 5. And be it enacted, That every ordinance hereafter passed as aforesaid shall be published for five days in a newspaper, printed and circulating in such township, or if none be printed in such township, then in a newspaper printed in the county and circulating in such township, and until such ordinance shall have been so published as aforesaid, the same shall be of no effect. dence in all 6. And be it enacted, That the said book of the record Book of record and copy to be of ordinances shall be taken and received in all courts as received as evievidence of said ordinances, and that copies of said ordi- courts. nances certified by the township clerk under the corporate seal of the township shall likewise be taken and received in all courts as evidence of said ordinances, and that the publication of said ordinances in a newspaper as herein required shall in all cases be presumed to have been made until the contrary shall be proved. 7. And be it enacted, That this act shall take effect immediately. Approved April 17, 1884. CHAPTER CXLII. A Further Supplement to an act entitled "An act to authorize and regulate the business of banking," approved April ninth, eighteen hundred and seventy-five. consent of two of stock may cate of distribu tion. 1. BE IT ENACTED by the Senate and General Assembly Directors with of the State of New Jersey, That whenever any banking thirds of owners association, organized and doing business under the laws execute certifiof the United States, shall be authorized to dissolve its organization as such national banking association under the provisions of any act of congress, and shall have taken the action required to effect such dissolution, it shall be lawful for a majority of the directors of such dissolved organization, upon the authority in writing of the owners of two-thirds of its capital stock, to execute the certificate of association required by section two of the act to which this is a supplement. 2. And be it enacted, That upon the execution and proofs of acknowledgment of such certificate as required Upon execution by section two aforesaid, which certificate shall further and recording of declare the authority derived from the stockholders pur certificate ing association held to be incorporated. new corporation. suant to the provisions of the preceding section, and a copy thereof recorded in the office of the secretary of state, with proof that the original is duly recorded in the office of the clerk of the county where the office or place of business of such association shall be established, such association shall be held and regarded as a banking association under and in pursuance of the laws of this state, and shall be entitled to all the privileges and be subject to all the liabilities of such banking Assets to vest in associations; and thereupon all the assets, real and personal, of the said dissolved national banking association shall immediately, by act of law, and without any conveyance or transfer, be vested in, and become the property of such state banking association; and the directors of the dissolved organization at the time of such dissolution shall be the directors of the association created in pursuance hereof, until the first annual election of directors thereafter, and shall have power to take all necessary measures to perfect its organization, and to adopt such regulations concerning its business and management, as may be proper and just, and not inconsistent with the banking laws of this state. Directors. Stockholder not consenting to receive value of stock. 3. And be it enacted, That when any national banking change my association has complied with all the requirements of the laws of this state regulating the formation of banking institutions as aforesaid, any stockholder who may not have consented to become a stockholder in such state bank, and who has given notice in writing to the directors within sixty days from the date of the record of the certificate of organization in the office of the clerk of the county where such bank may be located, of his or her desire to withdraw from said association, shall be entitled to receive from the said bank the full value of the stock held by him or her at the time of such transfer; and in case the board of directors of such bank either by its to price of stock officers, agent, or attorney, cannot agree with such stockholder for the price to be paid him or her for such stock, it shall be lawful for such bank, upon ten days' notice in writing to such stockholder, to make application to any justice of the supreme court for the appointment of three Proceedings in |