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PHILIP F. THOMAS, ESQUIRE, GOVERNOR.
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1849.
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sued, in any court of law or equity, and may have and
use a common seal, and the same at their pleasure to
alter or renew, and shall have power to purchase, have,
receivers a donation, hold and enjoy to them and their
successors, such real estate, not exceeding fifty acres, as
they may select for the purpose of establishing, main-
taining and improving a public cemetery, which is here-
by declared to be the only object for which said corpora-
lion is created, the said corporation to have authority to
receive gifts or bequests for the purpose of erecting or
improving said cemetery, and to hold such personal
properly as may be requisite and necessary to carry out
the object of the act.
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CHAP. 268.
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SEC. 2. And be it enacted, That the affairs of said
corporation shall be conducted by a president and five
managers, who shall be elected by a majority of the
votes of the proprietors on the first Monday of July in
every year, and in case no election shall be held at the
time aforesaid, the officers last elected shall continue in
office until the election shall be held, the said president
or managers to fill all vacancies in their own body, and
shall have power to enclose, lay out, and ornament the
grounds, to erect buildings and structures as may be ne-
cessary and appropriate, to lay out and sell or dispose of
burial lots, to appoint, all necessary officers and agents,
and fix the several duties and compensation, and to
moke such bye-laws, rules and regulations as they may
deem proper for conducting the a flairs of the corpora-
tion, for the government of the lot holders and visitors
to the cemetery, and for the transfer of stock and the
residue thereof, and said president and managers shall
have power to call instalments, from time to time, on the
capital stock of said corporation, to meet the exigences
of said corporation, and in all elections held, and each
proprietor shall be entitled to one vote for every such
share, and to one vote for every two half shares held by
him or her.
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Affairs— how
managed.
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SEC. 3. And be it enacted, That the capital slock of
said corporation shall be represented by one hundred
full shares of two hundred dollars each, the cost of a full
share, or any any or aliquot part thereof, to the respec-
tive proprietors, to be adjusted by the said president and
managers to the actual cost of the said real estate, and
the expenses of the enclosing, laying out, and preparing
the same for the purposes of a burial yard as aforesaid.
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Capital stock.
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SEC. 4. And be it enacted, That the said real estate
shall be forever appropriated and set apart, as a cemete-
ry, which so long as used as such shall not be liable to
any tax or public imposition whatever, and that, the lots
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Exempt from
taxation.
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