,
418
1853.
ities,
set
-Chap. 96—98.
in the forty-fouitli
fortli
chapter of the
Revised
Statutes.
May
hnia real
and personal
estate not ex-
ceeding $50,000.
All investments
of funds to be
made by trustees
Transfer of
library to be
by
a vote of the
corporation.
Board of directors to have
management.
Persons
eligible.
said corporation may hold real and personal
purposes aforesaid, not exceeding in all, the
value of fifty thousand dollars, the legal title of which shall
be in five tru&tees, to be chosen by the corporation.
Sect. 3.
All investments of the funds of the corporation,
in real estate, or other securities at interest, shall be made by
the said trustees, and shall be subject to their control and disposition ; but no sale or transfer of the Library shall be made
except by the authority of a vote of the corporation.
Sect. 4.
The disposition of the income, and the general
affairs of the corporation, shall be subject to the care and
management of the board of directors.
Sect. 5.
All male inhabitants of Worcester, above the age
of fourteen years, shall be eligible as members of the corporation, and entitled to vote, and to act as officers thereof, excepting
that no person under twenty-one years of age shall be a trustee.
Tliis act shall take effect from and after its pasSect. 6.
sage.
[Approved by the Governor, March 26, 1853.]
Sect.
The
2,
estate, for the
An
Chap. 97
Be
Act relating
in General Court assembled,
as follows
Part of former
act repealed.
to the
Patucket Canal.
enacted by the Senate and
it
and by
House of Representatives
the authority of the same,
:
act, entitled " An Act to regulate the Toll
on Patucket Canal," passed in the year one thousand eight
hundred and thii'ty-five, as provides for the construction and
maintenance of a tow path from the Suffolk or Western Canal
[Apto the head of the Patucket Canal, is hereby repealed.
proved by the Governor, March 26, 1853.]
So much of an
An
Chap. 98
Se
Act
to incorporate the
Pemberton
Mill.
enacted by the Senate and House of Representatives,
in General Court assembled, and by the authority of the same,
it
as follows
Corporators.
Amory Lowell, and
and successors, are hereby made a corporation, by the name of the Pemberton INIill,
for the purpose of manufacturing cotton, woolen, linen, and
silk cloth and yarn, in the town of Lawrence, in the county of
Essex and for this purpose shall have all the powers and
privileges, and be subject to all the duties, restrictions and liabilities, set forth in the thhty-eighth and forty-fourth chapters
of the Revised Statutes.
Sect.
Homer
Purpose.
Powers, duties,
etc.
:
;
1.
J.
Bartlett,
Pickering Putnam, John
and
their associates
Chap. 98—101.
1853.
The
Sect. 2.
said corporation
may
419
hold, for the purposes Stetlf amount
amount of two hundred and fifty of!i25o,ooo,and
whole capital not
,,
.,
^,
Ti«*j
thousand dollars and the whole capital stock or said, corpora- to exceed
tion shall not exceed five hundi-ed thousand dollars ; and no
aforesaid,' real estate to the
;
shares of said corporation shall be issued for a less sum or No shares issued
amount, to be actually paid in on each, than the par value of par value.
[Approved by the Govthe shares which shall be fixst issued.
ernor,
An
Be
March
Act
26, 1853.]
to authorize
Ziba Eldridge and others
to build a
Wharf.
Chap. 99
enacted by the Senate and House of Representatives,
in General Court assembled, and by the authority of the same,
it
as follows
:
authorized to ^"harfin
and liis associates are hereby
Ziba Eldridsre
*
^
Orleans.
build and maintain a wharf, from the land of said Ziba Eldridge, adjoining the harbor of Pleasant Bay, in the town of
Orleans, and to extend the same to eight feet of water at low pj^jj^ ^f
tide ; and to lay vessels at the end and sides of said wharf; wharfage, etc.
and to receive wharfage and dockage therefor provided, that Provided.
this act shall in no wise impair the legal right of any person.
[Approved by the Governor, March 29, 1853.]
,
:
An
Act authorizing the Mattapan Iron Works to establish a Work-Shop
in the Town of Maiden.
fihnjr)
1
QQ
J-
Be
in
it enacted by the Senate and House of Representatives,
General Court assembled, and by the authority of the same,
as follows
:
organ- May establish
The Mattapan
Iron Works,' a corporation
Sect. 1.
^
-T
"-"a work-shop
one
hundred
ized under the
and thiity-third chapter of the in Maiden,
acts of the year one thousand eight hundi-ed and fifty-one, entitled " An Act relating to Joint Stock Companies," are hereby authorized to establish a work-shop in the town of Maiden,
for pui'poses connected with their business ; anytliing in said
act, or in the action of said corporation under it, to the contraiy notwithstanding.
Sect. 2.
This act shall take effect from and after its passage.
[Approved by the Governor, March 29, 1853.]
,
An Act
to authorize
Timothy
P.
.
Johnson and Samuel S. Smith
a Wharf.
to build (J/uin
'
•
^
\01
Be
in
it enacted by the Senate and House of Representatives,
General Court assembled, and by the authority of the same,
as follows
:
Timothy P. Johnson and Samuel S. Smith are hereby authorized to build and maintain a wharf from their land adjoin-
wharf in
Pr^^^cetown.