The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-06-03
LAWS OF NEW JERSEY
cHApTEE cLXXll.
BIZ AUTHORITY.

rai ways, ana to regulate the same. N
se l IL Il os eI 1Ss sta ~ ao of s ssa1. Jer aea f seaef Re s,, All
and may be lawful fr three or nnrs psrs n ! one
Jersey TO assoc. ate yne,nselsss into a corporation
FOR the construction and operation OF motors
power to street railways, or other rair iads oper
ated as street railways. aud the necsssarj app,ar.
wnen formed in aceordancs with u 'sisious OF
1 Iosd Az isn nesi alley Of osnsr Sishsa, 4 slrca any
strset railway, or other railroad a5st as y
strGcted with the consent OF the own. = owners.
lessee or lessees or such railway or Of tAo person
ssruct, apply. mainiain and operate such railway.
motors, gables. electrical or other desics Is aud
maintain and use such tunnels, suoways. for
cables, poles. wires condqits or 9th er devices for
a. win provide for tie Traction Of cars on street
railways; or o.her railfoad operated as st rset rail
railway. and all necessary turnonts sfdings ana
6t s5 si,s ON s a,sax; . n S asa or ov ssrn say b ssr ssssn assa;
Of existing railways or ny me Quilting OF new
Within. or Who'll bsrwesn or partly within and
between cities, towns, bprougAs, villages and
s sssusssa 70 and so GGpn iassas aas ne a.s saa a. .op wasa cor sos
the carriage OF persons ana property TO- compen-
tract with any other person or persons, naturul or
ardhcial. for such construction. equipment. main
s sen. pssa Tss 1 mo 1pssss' o. otas nv dissose 81
any capital stock or securities OF any other
ing any street railway Or otnsr railroad
opsratsd ss street r. railg Iva t ,,rI,o!ian Of
sluipmeat taersot or IA creating o. supplytng
power ss, Sf any ri I I'M r isf "a ne 20 s ssrs a loa Sasgs =. aha ia
respect TO such capital Stock and securities. in,i-
a e ra 90 ne arson sss sn Or J psesans pm.sht. Could or
would do. and 10 purchase, bold, sell or otherwise
bs Convenient or n~scsssary for the ass OF the cor
~poratlons created under this act. an % pledge or
corporadons; provided. thar no corporation Gre
aled under this act shall enter up N or use any
Color or by virtue Of this act, Tor tns extension or
construction OF new lines OF railways. or for the
board Of aldermen. common couacil or body hav-
ing control OF Streets or hignyai or 10 osasy Eov.
township or county, Into or within the limits OF
s %aasn saea eo asM aas Z q Of ori opsra as 1e nor shai any
corporation created under tdls act possess The
fRsDmTts ss Of Of any street str aud In the surf-cs thereof. any
locomotive or other engine owing on its rails.
snat de y ad RrTpSn' or j any mo.or or motive pSMef
herein authorized I'd be used. snail nos be deemed
uow Sssei hrrein satsnoriEei' wnsa and as often as the
business OF such corporate N may from time to
ii : A m is Se 'l Il .nscse q d rhss ali corporations crs-
ated under this aes snaIi, II aidiS,ol % s5 nds ip, pee,
otner powers as are now OF hsrssfter n y Pc
laws Of THIS state wni;n do 20 posses che seaera;
power OF condemninz lands: or engalny i1 the
from the I)an o. use OF money.
l. 10 have perpetual snccessf3 IN. by It's corporate
name, l0T tA6 peIlO4 Al1Attc1 IL % z u
Incorporation, and to make and use a common
Sc 1 and airer TIE SAME at pleasure;
II, 10 sue AMI be sued In any court or law Or
Ill 10 mortgage or pledge by way Of mort
n. To appoint such onncers and agents as the
bust sess OF such corporation Snail require. upon
sucn suitable co.npen satiol US 10y DO az eodi
v 10 MAKE by.Lsws at ineonsisssae Win the
Cniled states, for the regulation Of the election OF
its dlrvc ors, the government OF It's siIair5. the
rransfa or lis srD.k An TO DTS3trlD8 IQl ENFORCE
penalties for the breach thereof. NOT exceeding
VIZ. 10 have all other possefs necessary to the
periorma zee of Its dudes OF It's prfvilssef imposed
y a And b. It enacted, that Whenever three or
more persons shall desire 10 create themselves and
they shall make and lie q eerIidclte IN writing.
TO be executed and acknowledge as deeds Tor the
alter faay bs r%elairsi % DO executed and &C
knoslsdgea, which eers,neate shat, sss foT.n: ,,,
company and to 10 usel In its BUSINESS aud
ii. ms place in this State wnere the principal
ofice OF such company isto be icased.
Ill The total smoant g capital ssock OF saon
orsd rnous md dollars; The anloant With which
5ney shall eo@11isn ~ m S ISL a nd d %nila the nun y se
of shares into WHICH the said capital stocx Is df-
mentioned nesI. sum shall % paid % tae Treasurer OF
state or New Jer7ey Ipon nlfng said ceftlucate,
aud withdrawn from the treasury as hereinafter
IN .ne names and rssiden ses Of che stockhold-
GrS dHA Lie Lp "a oAN ? i4ctA - -@Stt
VI The period at Which suen corporttion shall
and terminate. wnlca saail not exesed
VI. such PROVISIONS relating 70 common or pre-
fetrcc stoc1. or itasitasioas upon the exercise Of
stockholders. that the parties sisalnx cue same
de.irs; p=roy d I sb sue .e.p a,,r.Sa,tUns IL si dIsse nos or or
ssocxholders from the performances OF an! auts
mn sod Dy Law; whicn Certificate. rh-n executed
AID crnowiedsed rs foresa;d. sntsi o. recorded
in tie once OF the Q ark o. the connty @hsre sns
ana after peiug 81 reco. dsi shait be a.ed
in the onice OF the secretary OF stats. tns
sald s ssrs sa said Or CLERK r. e 81 see enssa shail
be evidence in all courts and places, add
and the HIing thereof. as aforesaid. and the pay
men. Of SAID money 70 me srsLsdres % sns STAT a.
cessors an 4ssIsas shal ~. ftopl sae time OF ths
commencement nxed IL enc sal cerincass ana
Incorporated into ac1mDany " the name men
toned IN Ihs said q e : lima II: .5 pyesi ssy cor sas oo rae
lion created by tn,s act, or cnange. after. moiLJ'
repes, n o. i sas p sas ICED ae ihas apon aiiag with the
secfelar, OF state of tn 8 state any certificate OF
orss.ea Under this act there shah DO paid BY the
COR yuration named IN sucn certificate 70 Lac SEE
f t%snsy ~ Ssa dollars for ali o5rporatioas having an
auth capit | not exceeding one hundred
dollar per tho sand upon the iargest AMOUNT Of
capital authorized by lis csrsihcaEe of organization
ar INCORPORATION by any such corporation having
an authorized capital not exceedlng one hundred
y aad be il enacted, That IL any corporation
created under this act shall In the exercise or
mowers couferred by tiis aeS, cutter upon any rail
within ten days thereafter MI In the ONCE OF Gne
set.reta. v of state q cerEldcafe under Its Corporate
zeal attested by its president or oGier head o ulcer,
setIing fsrth TINS nams OF the oJrpors ion Under.
which such entry saallshaye beesl made. the date OF
sucn entry aud the period OF time during which
the possession and operation q sucn railway Is 70
continue. together with a description AMI map OF
the route OF Che railway 50 sntered upon, ano N
Default OF the hilnx Of such certificate, description
aud map as arore .ald, sueh Sorposas.on Sna,, a Ion r
ons hundred dollars for each and every aay sLter
Ine expiration of said ten days during which such
ed III an aclon or debt. prosocltei Ia The name of
the state by the at,orAey general IN aay court OF
cosnre.cnt Jurisdiction, and the Judgment recover
ed therein Shall DO tho nrsh anu paramount lien oa
ali properly aud assets OF such corporation.
Is. And be 1t enactels That whenever any cor
poration created under this act desires TO
new line OF railway, in the exercise Of power
confarred by this act. such corporation snail. pc
fore beginning the con ss n, Z o. soea sassrsio ~
state q description OF the route OF sucn extension
or new line showing the terminf OF such extensiod
s a new Win int the s ssSrses and distsnees taoreof. and
upou fling sucn description aid map sucn cor
lof.tion snail tnereoy SECURE Jle exclusive right
ak mouths. and thefeafter for the additional
Leriod OF two years. IL within s2id six niJn ems
sucn corporation snail have begun ii good faith TO
have ui,I9enti thy pursfsu such con strnctiod to I ~
COMPLEXION Of such extension or .,ew iiue within
saidf 20 lie computed from the ny or min 8 OF sucn
description and map; prgrtded. however, taa suon
corporation s..Af; NAYS obtainei Ins conssnS OF tne
hoard uf allerm su, common coancil or the body
llavl1g control OF streets and highways or 9th er
governing body OF any CITY, town. borough, village
township or county as q tne ioeauon VI VI tne
And be it enacted, That n5 coard OF alder
man, common council. or the body havins control Of