repealed. SECTION 7. All acts and parts of acts, in relation to said Inconsistent acts city, which are inconsistent with the provisions of this act, are hereby repealed. effect. SECTION 8. This act shall not go into operation until a When to take majority of the citizens, voting thereon by yea and nay, and by ballot, shall accept the same, at meetings held simultaneously in the several wards, upon notice duly given, at least seven days before the time of said meetings, and within sixty days after the passage of this act, at which meetings the polls shall be kept open at least six hours, and the check lists shall be used as at the election of state and city officers; and if this act shall be so accepted, it shall take effect from and after its acceptance, as aforesaid. February 9, 1854. [1859, 213.] AN ACT to incorporate the Norfolk Mills. Be it enacted, &c., as follows: Chap. 18. SECTION 1. George W. Martin, Eliphalet Baker, William Corporators. Coughlen, their associates and successors, are hereby made a corporation, by the name of the Norfolk Mills, for the purpose. of Norfolk; with all the powers and privileges, and subject Powers and du- Statutes. SECTION 2. The said corporation may hold, for the pur- Real estate. poses aforesaid, real estate to the amount of one hundred thousand dollars; and the whole capital stock of said cor- Capital stock. poration shall not exceed the amount of three hundred thousand dollars. issued under par. SECTION 3. No shares in the capital stock of said company No shares to be shall be issued for a less sum or amount, to be actually paid in on each, than the par value of the shares which shall be - first issued. SECTION 4. This act shall take effect from and after its passage. February 10, 1854. Chap. 19. AN ACT to incorporate the Nantucket Gas Light Company. Be it enacted, &c., as follows: SECTION 1. Justin Lawrence, Charles B. Swain, and Corporators. Nathaniel A. Sprague, their associates and successors, are hereby made a corporation, by the name of the Nantucket Gas Light Company, for the purpose of making and selling ties. gas in the town of Nantucket; with all the powers and Powers and duprivileges, and subject to all the duties, restrictions, and liabilities, set forth in the thirty-eighth and forty-fourth chapters of the Revised Statutes. Capital stock. Real estate. No shares to be issued under par. May open ground and lay pipes. Proviso. SECTION 2. The capital stock of said company shall not exceed fifty thousand dollars; and said corporation may hold real estate, not exceeding in value twenty-five thousand dollars. SECTION 3. No shares in the capital stock of said company shall be issued for a less sum or amount, to be actually paid in on each, than the par value of the shares which shall be first issued. SECTION 4. Said corporation, with the consent of the selectmen of the town of Nantucket, shall have power and authority to open the ground, in any part of the streets, lanes, and highways, in said town, for the purpose of sinking and repairing such pipes and conductors, as it may be necessary to sink, for the purpose aforesaid; and the said corporation, after opening the ground in said streets, lanes, and highways, shall be held to put the same into repair, under penalty of being prosecuted for a nuisance: provided, that the said selectmen for the time being shall, at all times, have power to regulate, restrict, and control, all the acts and doings of said corporation, which may in any manner affect the health, safety, and convenience, of the inhabitants of said town. SECTION 5. This act shall take effect from and after its passage. February 16, 1854. [1853, 282.] Chap. 20. AN ACT in addition to an Act to incorporate the Eagle Fire Insurance Company. Guarantee capital. May insure Be it enacted, &c., as follows: SECTION 1. On receiving from the subscribers thereto a guarantee capital of one hundred thousand dollars, which shall be paid within two years from the passage of this act, the Eagle Fire Insurance Company, established at Boston, against are and may make insurance against fire and against maritime losses, maritime losses. otherwise than on the mutual principle; with all the powers and privileges, and subject to all the duties, liabilities, and restrictions, set forth in the thirty-seventh chapter of the Revised Statutes, and in all subsequent acts relating to insurance companies. May increase guarantee capi real estate excepting, &c. SECTION 2. Said company may increase its guarantee tal, and hold capital to an amount not exceeding two hundred thousand dollars, at any time within three years from the passage of this act; and may hold real estate, not exceeding in value forty thousand dollars, excepting such as may be taken for debt, or held as collateral security, for money due to said company. February 16, 1854. [1855, 7.] AN ACT to incorporate the Salisbury and Amesbury Gas Light Company. Chap. 21. Be it enacted, &c., as follows: SECTION 1. James Babson, David French, and David Corporators. Batchelder, their associates and successors, are hereby made a corporation, by the name of the Salisbury and Amesbury Gas Light Company, for the purpose of manufacturing and selling gas in the towns of Salisbury and Amesbury, with all the powers and privileges, and subject Powers and duto all the duties, restrictions, and liabilities, set forth in ties. the thirty-eighth and forty-fourth chapters of the Revised Statutes. SECTION 2. Said corporation may, for the purpose afore- Real estate. said, hold real estate not exceeding in value twenty thou sand dollars, and the whole capital stock shall not exceed Capital stock. sixty thousand dollars. SECTION 3. Said corporation, with the consent of the May open ground selectmen of the towns of Salisbury and Amesbury, shall and lay pipes. have the power and authority to open the grounds in any part of the streets, lanes, and highways, in said towns, for the purpose of sinking and repairing such pipes and conductors as it may be necessary to sink for the purpose aforesaid; and the said corporation, after opening the grounds in such streets, lanes, or highways, shall be held to put the same again into repair, under the penalty of being prosecuted for a nuisance: provided, however, that said select- Proviso. men, for the time being, shall at all times have the power to regulate, restrict, and control, the acts and doings of the said corporation, which may in any manner affect the health, safety, or convenience, of the inhabitants of said towns. issued under par. SECTION 4. No shares in the capital stock of said corpora- No shares to be tion shall be issued for a less sum or amount, to be actually paid in on each share, than the par value of the shares which shall be first issued. February 16, 1854. AN ACT to incorporate the Atlas Fire and Marine Insurance Company. Chap. 22. Be it enacted, &c., as follows: SECTION 1. Asahel Huntington, Benjamin F. Browne, corporators. Otis P. Lord, their associates and successors, are hereby made a corporation, for the term of twenty years from the passage of this act, by the name of the Atlas Fire and Marine Insur ance Company, to be established in the city of Salem, for Purpose. the purpose of making insurance against losses by fire, and against maritime losses; with all the powers and privileges, Powers and duand subject to all the duties, liabilities, and restrictions, set ties. forth in the thirty-seventh and forty-fourth chapters of the Revised Statutes, and all other general laws which are now, or may hereafter be, in force relative to insurance companies. Capital stock. May increase capital stock. May determine manner of mak dends. SECTION 2. The said corporation shall have a capital stock of fifty thousand dollars, divided into shares of one hundred dollars each, with liberty to increase the same to any amount not exceeding three hundred thousand dollars; and may hold real estate, for its use, not exceeding twenty thousand dollars. SECTION 3. Said company may do business in accordance. ing, &c., divi- with the provisions of the two hundred and eighty-first chapter of the acts of the year one thousand eight hundred and fifty-one; and shall possess the power of determining, by its by-laws, the manner of making and apportioning dividends to its members and stockholders. Chap. 25. Corporators. Location. SECTION 4. This act shall take effect from and after its passage. February 16, 1854. AN ACT to incorporate the Metropolitan Hotel Company. SECTION 1. Ralph W. Holman, Samuel S. Pierce, and Eben Cutler, their associates and successors, are hereby made a corporation, by the name of the Proprietors of the Metropolitan Hotel Company, for the purpose of erecting a hotel in the city of Boston, and maintaining such public house, and the buildings and improvements connected therePowers and du- with; and for these purposes shall have all the powers and privileges, and be subject to all the duties, restrictions, and liabilities, set forth in the thirty-eighth and forty-fourth chapters of the Revised Statutes: provided, however, that said corporation shall not carry on the business of hotelkeeping. ties. Proviso. Capital stock. issued under par. SECTION 2. The whole amount of capital stock which said corporation may hold for the purposes aforesaid, shall No shares to be not exceed one million dollars in value: provided, that no shares in the capital stock of said corporation shall be issued for a less sum or amount, to be actually paid in on each, than the par value of the shares which shall be first issued. When to take effect. Chap. 26. Corporators. SECTION 3. This act shall not take effect until five hundred thousand dollars of the capital stock shall have been subscribed by responsible parties, and the sum of one hundred thousand dollars shall have been paid into the treasury of said company. February 21, 1854. AN ACT to incorporate the Boston Mutual Fire Insurance Company. Be it enacted, &c., as follows: Benjamin B. Mussey, Thomas Thacher, James G. Hovey, of Boston, in the county of Suffolk, their associates and successors, are hereby made a corporation, by the name of the Boston Mutual Fire Insurance Company, to be estab ties. lished in Boston, aforesaid, for the term of twenty-eight Term. years, for the purpose of insuring buildings, stock in trade, Purpose. and all other kinds of personal property, on the mutual principle; with all the privileges, and subject to all the Powers and duduties, restrictions, and liabilities, set forth in the thirtyseventh and forty-fourth chapters of the Revised Statutes, and in the seventeenth chapter of the acts passed in the year one thousand eight hundred and forty-five, and in all other general laws of the Commonwealth relating to such corporations. February 21, 1854. [1833, 73; 1812, 32.] AN ACT to authorize the Suffolk Savings Bank for Seamen and others, Chap. 27. to hold Real Estate. Be it enacted, &c., as follows: SECTION 1. The Suffolk Savings Bank for Seamen and Real estate. others, is hereby authorized to hold real estate to the amount of seventy-five thousand dollars: provided, however, that no Proviso. part of said amount shall be invested in real estate, except in the purchase of a suitable site, and the erection or preparation of a suitable building to be used for the banking purposes of said corporation. SECTION 2. This act shall take effect from and after its passage. February 22, 1854. AN ACT to change the Name of the Neck Village Baptist Society, of Chap. 28. Charlestown, and for other purposes. Be it enacted, &c., as follows: SECTION 1. The corporate name of the Neck Village Name changed. Baptist Society, in Charlestown, is hereby changed; and said society shall, hereafter, be called and known by the name land confirm of the Perkins Street Baptist Society in Somerville; and Conveyance of the conveyance of a parcel of land. situated in Somerville, d made to said society, by Daniel Tufts, on the first day of October, in the year eighteen hundred and fifty-three, is hereby confirmed to said society under its new name. SECTION 3. This act shall take effect from and after its passage. February 22, 1854. [1846, 194; 1848, 19; 1849, 169, 198, 212; 1851, 221; 1852, 133, 156.] AN ACT to change the Name and increase the Capital Stock of the Cape Chap. 29. Cod Branch Railroad Company. Be it enacted, &c., as follows: SECTION 1. The corporation established by the name of Name changed. the Cape Cod Branch Railroad Company shall hereafter be known by the name of the Cape Cod Railroad Company, and by that name it may sue and be sued, and its rights and obligations shall remain the same as if its name had not been changed. |