Gloucester County Democrat. (Woodbury, N.J.) 1878-1932, 1884-07-03
CHAPTER cI1It.

An Act to further extend the times before or
within which the state assessment or other
sum required to be paid into the state treas
ury, by virtue Of the provision of the act en-
titled, can act to increase the revenue of
the state OF New jersey" approved March
sixth, one thousand eight hundred and fifty
eight, and the supplement- thereto, approved
March eighteenth, one thousand eight hum
dred and fifly-nine, or any subsequent act,
may be paid, and to remit, release and ex-
tnguish any condi ions, penalties or for
FIXTURES heretofore provided for, incurred or
proclaimed by reason of, or in case Of the
non-payment of any assessment or sum
aforesaid, required by virtue of the provisions
of said acts.
l. Be it enacted by the enate and General
Assembly Of the State Of New Jersey, That the
time limited BY the provisions of said act, ap-
proved March sixth, ammo domini one thousand
eight hundred and fifty-eight, and the supple
ment thereto, approved March ghteenth,
ammo domini one thousand eight hundred and
nifty mine, or by any subsequent act, within or
before which the state assessment or SUM men,
TONED in said act and supplement, or any sub
sequent act, were required to be paid be and
the same are hereby further extended until the
expiration OF fifteen days next after the passage
of this act.
2. And be it enacted, That the forfeiture of
the penalty incurred by proclamation, the
same to be imperative and void, by reason of
the non-payment of the state assessments re-
quired by the terms of said act and the supple
ment thereto, or any subsequen act, be and the
same are hereby remitted, released and ex-
tinguished; provided, that the as essment re-
quired by the terms Of said act and supplement
thereto, or any subsequent act, be paid on or
before the expiration of the time prescribed in
IL. i
that this act shall not apply TO any corporation
unless such corporation shall fir and as a con-
dition precedent to the exercise of any power
granted by this act, file in the office of The Sec
retary OF state an agreeme tGbe approved by
the governor and attorney general, waiving
all rights of exemption from taxation and from
privileges and advantages arising from any law
or contract, (if any there be,) establishing any
special mode Of taxation of any such corpora
ton and the further agreement to be bound by
any general law of this state now in existence
or that may hereafter be passed taxing such
corporations as are now authorized to be taxed
by the Legislature of the state, under any gen
eral law, and further agreeing that the exercise
of any power granted by this act shall not IN
any way affect the rights of the state, IF any
there exists,) to take the property of such co :
poration under any existing law of the state
and agreeing further, that all laws affecting
Sucn coTpOIdlOns snal De SuD]ecI 10 alteraIOn
or repeal by the legislature.
8. And be it enacted, That upon the payment
of such assessment or sum into the state
treasury, on or before the time aforesaid, all
charters Of incorporation and supplements
/ thereto shall be as valid and effectual, upon
the said payment being made as above pro-
vided, as they wouId have been if such assess
ment or sum had been paid within the time
heretofore prescribed by any such statute as
aforesaid; and upon proof being made of the
payment of aid assessment, as required by this
act, the charter ofany suchcorpoaltion shall be
received in evidence in all courts of this state
4. And be t enacted, That in all cases Of the
payment of the assessment as required by this
act, all acts and proceedings had and done
heretofore under any such charter, be and they
are ereby ratified, legalized and confirmed
md are declared to be of equal force and effect
as if the said assessment had been paid as re
quired by said act and the supplement there
to.
5. And be it enacted, That this act shall take
effect iinmedi tely, but shall not apply to any
corporation that has not completed its organ
ization, or to any corporation not now doing
business under its charter.
Passed April 49, 1884.