Monmouth weekly herald. [volume] (Freehold, N.J.) 1854-1860, 1858-04-08
(BY AUTHORITY
LAWS OF NEW JERSEY.

A Further Supplement- to the act entitled An act
respecting executions and regulating the sale of
personal estate by virtue thereof approved
April sixteen, one thousand eight hundred and
ferty-six.
l. Be it enacted by the Senate and General As
sembly of the State Of New Jersey, That when the
clerk, cashier, or other officer of any jsint stock
company, that is or hereafter may be Incorporated
under the authority Of this State, who has the cas-
| tOdy of the books of registry of the stock thereof,
shall be nonresident in this state, it shall be the
duty of the sheriff or other officer, receiving q writ
of execution issued out of any court of this state
against the goods and chattels of a defendant in
execution holding stock in such company, to send
by mail a notice in writing, directed to such non-
resident clerk, cashier, OF other officer, Of the pest
Office nearest his reputed place of residences. stst-
ing in such notice that he, the said sheriff or other
officer, holds such writ of execution, ana out of
what court, at whose suit, for what asnsnnt, and
against whose goaas and chattels such crit has
been issued, and that BY yirtne of asiA Urls he, the
said sheriff or other officer, ssizes and leviss uPon
all the shares of the stock of such eomRnEy hsld by
the defendant in execution on the dag of tks date
of such written notice; and it ehell alss be the
duty of such sheriff or other officer, en- the dag eli
mailing such notice as Aforesaid, to efix aud et up
upon any effce or place of business of lsch csla-
pany, within his county, a like netice in writing,
and on the same day TO serve like netics in writing
upon the president and directors of said company,
sr upon such of them as reside in his county, either
personally or by leaving the same at thsir respec-
tive places Of abode; and the seAdin8, sehtiag up,
and serving of such notices in the manner aforesaid
shall constitute such levy taking svalid levy of such
writ upon all shares OF stock in such company, held
BY the defendant in execution which have act, at
the time of the receipt of such netice by the said
clerk, cashier, or other officer, who has custody OF
the books of registry of the stocks thereof, been
actually transferred by the defendant and there
after any transfer or sale of such shares by the de-
PENDANT in execution shall be void as against the
plaintiff in said execution, or any purchaser of such
stock at any sale Hereunder.
2. And be it enacted, That the nonresident clerk,
cashier, or other officer in such company, to whom
notice in writing is sent, as prescribed In the pre-
ceding section, shall thereupon be bound to send
forthwith, by mail or otherwise, to the officer hav-
ing such writ, a statement of the time when he
received such notice, and a certificate of the num-
bar of ahas~- L-l4 hsAthA- defandapt in such anln-
uanv at the time OF the receipt by hfns of such
notice, not actually transferred on the books of said
compapy; and the said sheriff or other officer shall,
on receipt by him of such certificate, insert the
number of such shares in the inventory attached to
said writ and if such clerk, cashier, or other Off
Ger in such company, neglect to send such certlh-
cate, as aforesaid, or if he shall wilfully send a false
certificate, he shall be liable to the plaintiff for
double the amount of all damages occasioned by
such neglect or false certificate, to be recovered i'll
an action on the case against him, but the neglect
TO send. or miscarriage OF, such certificate shall not
impair the validity of the levy upon the stock.
5. And be it enacted, That this act shall take eff
feet Immediately.
March 16, 1888.