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CHAP. 303.
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the company, at such times and in such manner as they
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or a board as aforesaid shall direct.
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To be personal
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SEC. 8. And be it enacted, That the shares of said
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estate
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capital stock, as to all legal purposes shall he deemed
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Assignable
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and considered as personal estate, and shall be assigna-
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ble in such manner and under such restrictions as the
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by-laws and ordinances, to be made by the president
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an-d directors or a board thereof shall direct, and that
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all property, estate and print stock of said corporation
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Liability
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shall be bound and answerable for any contracts, or
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engagements made or liability incurred by the presi-
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dent and directors thereof, or through their agency, or
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by their authority, and that service of any judicial pro-
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cess by any authorised officer upon the president or any
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two directors, shall be a good service upon the corpora-
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tion.
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Power to tax re-
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SEC. 9. And be it enacted, That nothing contained
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served
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in this act shall be construed to restrict the right of
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the Legislature to impose, from time to time and at all
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times hereafter, such reasonable tax upon the property,
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real, personal and mixed, in which the capital stock of
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the company hereby incorporated shall be invested, in
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common with similar property of any other corpora-
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tion or individual of this State.
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To be in force till
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SEC. 10. And be it enacted, That this act shall con-
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1865
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tinue in force until the first day of January in the year
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eighteen hundred and sixty-five, and until the end of
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the next session of the general assembly which shall
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happen thereafter.
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No broking priv-
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SEC. 11. And be it enacted, That nothing herein con-
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lege
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tained shall be construed to authorise the said compa-
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ny to exercise any banking privilege.
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