interest of the said proprietors or the public, and from time to time to repair and improve the same, and to do any other act or thing required or expedient to be done in the premises, and to choose officers, and to make bye laws for the better management of its concerns. 4. The said Corporation shall from time to time, first giving ten days notice of the time and place of meeting in manner aforesaid, have power to levy and collect from the proprietors of the said Mills, or the occupiers of the same for the time being, according to their respective interest or occupancy, such sums of money as may be deemed necessary for the purposes aforesaid; and it shall be the duty of the Treasurer to give ten day's notice of any assessment made by the Corporation, and the amount thereof on each proprietor or occupier for the time being, in a Newspaper published in Saint Stephen, and if none, then in manner aforesaid, requiring payment of the same. 5. The Corporation shall have a lien on all timber, logs, and other lumber belonging to the said proprietors or occupants in the said Booms, or manufactured in said Mills, for the payment of such assessments, and in case of neglect or refusal to pay, so much of said logs, timber, or other lumber of each owner or occupant as may be necessary to meet such assessment, with the expenses, may be sold by the Corporation to pay the same, after ten days notice thereof, in manner aforesaid, and the surplus (if any) shall be returned to the party assessed. 6. The proprietors of the said Mills respectively, shall each have the following number of votes in the said Corporation, viz :-The owner of a single Mill with one saw, four votes ; of a double Mill with two saws, eight votes; of a Deal Mill with a gang of saws, twelve votes; and in the same proportion for a quarter, half, or three fourths interest in any one of said Mills. 7. The said owners of Mills shall each be chargeable in their individual capacity, and shall be holden for the payment of all debts at any time due from the said Corporation, or damages sustained by the default or neglect of the same, or their agents, or servants, in proportion to the interest of each in the said Mills, a single Mill with one saw, being reckoned one; a double Mill with two saws, two; a Deal Mill with a gang of saws, three; and in that proportion for any smaller interest in the same. SAINT JOHN HOTEL COMPANY. 6th WILLIAM 4th-CHAPTER 63. An Act to incorporate the Saint John Hotel Company. Section. 1 Incorporation of Company. 2. Capital. 3. Shares assignable. 4. When meeting may be called. 5. Annual, for choice of Directors, &c. Section. 6. Officers, how appointed. 8. Shares may be assessed. 9. When Act may be void. Passed 16th March 1836. Be it enacted, &c.-1. William H. Street, Ezekiel Barlow, Thomas Hendricks, William Walker, H. Bowyer Smith, Nehemiah Merritt, Charles C. Stewart, Charles Ward, Henry Gilbert, James Whitney, John Robertson, Moses H. Perley, John G. Woodward, John Wishart, and Thomas L. Nicholson, their associates, successors, and assigns, be and they are hereby declared to be a body politic and corporate, by the name of "The Saint John Hotel Company," and by that name shall have all the general powers and privileges made incident to a Corporation by Act of Assembly in this Province. 2. The property of the said Corporation shall be divided into one thousand shares, and every member of the said Corporation shall have and be entitled to have a certificate under the seal of the said Company, and signed by the President and Secretary thereof, certifying his property in such shares as shall be expressed in the certificate. 3. The shares in the said Corporation shall be assignable and transferable, according to such rules and regulations as may be established in that behalf, but no assignment or transfer shall be valid and effectual unless the same shall be entered and registered in a book to be kept by the Directors for that purpose; in no case shall any fractional part of a share, or other than a complete share or shares, be assignable or transferable; whenever any stockholder shall transfer in manner aforesaid all his stock or shares in the said Company, he shall cease to be a member of the said Corporation. 4. When three hundred shares of the capital stock of the said Corporation shall have been subscribed, a general meeting of the subscribers shall be held at the City of Saint John, and shall and may be called by any two of the persons named in this Act, by giving notice thereof for thirty days in one or more of the public Newspapers published in the City of Saint John, at which or any subsequent meeting to be for that purpose holden, bye laws shall be established, and five Directors shall be elected, (who shall be members and stockholders of and in the said Corporation to such an extent as may be required by the said bye laws); which Directors so chosen shall at their first meeting after their election choose one of their number President of the said Company, and shall serve until the first annual meeting of the Company, or until others are chosen in their stead, which Directors shall have full power and authority to manage the concerns of the said Company, and shall commence the operations thereof, subject nevertheless to the laws and regulations which may from time to time be made by the said Corporation. 5. A general meeting of the stockholders and members of the said Corporation shall be annually holden on the first Monday in May in each and every year, at the City of Saint John, at which annual meeting there shall be chosen of the said members five Directors, (duly qualified according to the rules and regulations of the said Company) who shall continue in office for one year, or until others are chosen in their place, and the Directors when chosen shall at their first meeting choose out of their number a President. 6. The Directors for the time being shall and may appoint a Secretary and Treasurer, and such other officers, clerks, and servants as they or the major part of them shall think necessary for executing the business of the Corporation, and shall allow them (out of the funds of the Corporation) such compensation for their respective services as to them shall appear reasonable and proper, and the Directors shall likewise exercise such other powers and authorities for the well regulating the affairs and managing the business of the said Corporation as shall be prescribed by the bye laws and regulations of the same. 7. Every person owning a share in the capital stock of the said Corporation shall be a member thereof and be entitled to vote at all meetings of the said Company, and members may give as many votes as they own shares, and absent members may vote by proxy, such proxy being a stockholder and authorized in writing. 8. The President and Directors of the said Corporation may from time to time assess upon each share such sum or sums of money as shall be judged by the said Company necessary for raising a capital for the payment of any debts of the said Corporation, and for the purchase of such real and personal property, and the designing, erecting, building, making, and setting up of such buildings, fences, gardens, yards, and appurtenances as may be deemed necessary for carrying into full effect the objects of the said Company, to be paid to their Treasurer at such time or times and by such instalments as shall be deemed requisite and proper; provided always, that when any such assessment shall be made or ordered, notice shall be given thereof by the Secretary in one or more public Newspapers published in the City of Saint John, requiring payment at such time or times as may for that purpose be appointed; and if the proprietor of any share or shares shall neglect or refuse to pay to the Treasurer the amount of any such assessment or instalment thereof, duly assessed or ordered as aforesaid, it shall be the duty of the Treasurer to advertise such delinquent share for sale at public auction, giving at least thirty days notice of the time and place of such sale in one or more public Newspapers published in the City of Saint John, and all shares upon which the assessment or instalment thereof shall then remain unpaid shall be sold to the highest bidder, and such sale shall be a legal transfer of the shares so sold to the purchaser or purchasers thereof, and shall be recorded accordingly by the Secretary, and such purchaser or purchasers shall be entitled to receive a certificate in the manner prescribed in and by the second Section of this Act, provided that the whole capital or stock of said Corporation shall not exceed the sum of twenty five thousand pounds. 9. Provided always, that unless twenty per cent. of the said capital stock shall be actually paid in for the purposes of the said Corporation, and a certificate of such payment signed and verified on oath by the said Directors or a majority of them, which oath any Justice of the Peace is hereby authorized to administer, shall be filed in the Office of the Secretary of the Province before the expiration of three years after the passing of this Act, the operation of this Act shall cease and the existence of the said Corporation be terminated at the expiration of the said three years. 3rd VICTORIA-CHAPTER 43. An Act to revive an Act intituled An Act to incorporate the Saint John Hotel Company, Section. 1. What Act revived. Section. 2. What proceedings valid. Passed 25th March 1840. WHEREAS the sum required in and by the ninth Section of an Act made and passed in the sixth year of the Reign of His late Majesty King William the Fourth, intituled An Act to incorporate the Saint John Hotel Company, to be paid in for the purposes of the said Corporation, was actually so paid in within the time therein mentioned and required, but the certificate of such payment was omitted to be filed in the Office of the Secretary of the Province within the time for that purpose prescribed: And whereas such certificate is now filed and remains in the said office, and it is considered expedient to revive the said recited Act, and to confirm all proceedings had thereunder to the same extent as if such certificate had been filed in due time;- Be it therefore enacted, &c.-1. The said recited Act be and the same is hereby revived and declared to be in full force and effect, save and except the ninth Section thereof. 2. All proceedings had or professed to have been had under and by virtue of the said recited Act, shall be valid and effectual to all intents and purposes in the same manner and to the same extent as if such certificate had been filed in the Office of the Secretary of the Province within the time prescribed by the ninth Section of the said recited Act. 16th VICTORIA-CHAPTER 54. An Act to amend an Act intituled An Act to incorporate the Saint John Hotel Company. Section. 1. Who to call meeting. Section. 2. Sales, when valid. Passed 3rd May 1853. WHEREAS it is advisable to amend the Act of Incorporation of the Saint John Hotel Company, by making provision for the dissolution of the said Corporation ; Be it enacted, &c.-1. Any number of stockholders in the Saint John Hotel Company not less than ten, who together |