the St. Marys Library Society, and by the said name shall have perpetual succession of officers and members and may use a common seal, and shall have power to make, alter, change and amend such by-laws and regulations as may be agreed on by the officers and members of said society; Provided, Such by-laws and regulations shall not be repugnant to the Constitution and laws of this State; and the said officers be and they are hereby authorized to take into possession, to hold for the use of said corporation, all books and other property belonging to said society, under the original act of incorporation.

SECTION 2. And be it further enacted, That the said association of persons, and their successors, shall have privilege to sue for and recover all moneys that now are or may hereafter become due to said society, by any name and in any manner whatsoever, and the rights and privileges of the said society in any court to defend; and to receive, to hold real and personal property, and to take and apply all or any donations made to said society; and generally they shall and are hereby declared to be vested with all the privileges, power and advantages, rights and immunities of a society of people incorporated for the purposes intended by their insti

tution.

Approved, December 21, 1849.

AN ACT to incorporate the Central Horticultural Association of this State.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia in General Assembly met, and it is hereby enacted by the authority aforesaid, That the several persons and members of the said "Central Horticultural Association," and others who may become members of said Association, and their successors, members and officers of the same, be and they are hereby declared and made a body corporate by the name and style of the "Central Horticultural Association," and by that name shall have perpetual succession of officers and members, with power to make, alter, change and amend such by-laws and regulations as may be agreed on, or have been already agreed on: Provided, Such by-laws and regulations be not contrary to the laws of the land; also, shall have power and authority to take, hold and enjoy real and personal property by gift, devise or purchase, to sue and be sued, plead and be impleaded, answer and be answered unto, in any court of law or equity having jurisdiction thereof; also, shall have power to have and use a common seal, and to do all other things which bodies corporate may in law do, connected with the objects of their association.

SECTION 2. And be it further enacted by the authority aforesaid, That all laws and parts of laws militating against the provisions of this act, be and the same are hereby repealed. Approved, February 14, 1850.

AN ACT to incorporate Dalton City Company.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia in General Assembly met, and it is hereby enacted by the authority of the same, That the owners of the shares hereinafter authorized to be created are hereby made a body corporate under the name and style of the Dalton City Company, and by that name may sue and be sued, plead and be impleaded, answer and be answered unto, appear and prosecute to final judgment, in any court or elsewhere, contract and be contracted with, and have a common seal, and alter the same at pleasure; and also, have, hold, purchase, use, lease, sell and convey, or otherwise dispose of estate, real and personal and mixed; and may elect, in such manner as they may determine, all necessary officers, fix their compensation, and define their duties; ordain and establish by-laws for the government and regulation of their affairs, and alter and repeal the same; employ all such agents, mechanics, laborers, and all other persons as they shall think proper; and otherwise enjoy such rights, powers and privileges as are necessary and proper to them as a body corporate: Provided, The same be not repugnant to the Constitution and laws of this State or the Constitution of the United States.

SECTION 2. And be it further enacted, That the stock. property, affairs and business of the company shall be under the care and be managed by not less than three Directors, who shall be chosen by the stockholders at such time and place as shall be provided by the by-laws, who shall be stockholders and hold their offices until others be chosen in their stead.

SECTION 3. And be it further enacted, That the capital of said company shall consist of three thousand shares of one hundred dollars each, and that Duff Green, M. B. Richards, and R. C. Morris, or any two of them, may at such time and place as they may designate open books of subscription, and when five hundred shares shall have been subscribed, a majority of the shareholders may proceed to organize the said company by the election of Directors.

SECTION 4. And be it further enacted, That the said company may from time to time subscribe for and own shares in joint stock companies organized in or near the city of Dalton for manufacturing purposes, and may pay for such shares in

real estate or money as the Directors may deem best, and for that purpose may from time to time increase their capital stock: Provided, It shall at no time exceed ten thousand shares over and beyond the value of their real estate: Provided further, That said company shall not be allowed banking privileges.

SECTION 5. The stock of the company shall be deemed personal property, and transferable on the books of the company in such form as the Directors may prescribe, and such corporation shall at all times have a lien upon all the stock of each shareholder, and upon all their other property invested in the company, for the payment of all debts due to the company by such shareholders.

SECTION 6. If the capital stock of the said company be withdrawn and refunded to the stockholders before the payment of all the debts of the company for which their stock would have been liable, the stockholders shall be liable to such creditor in an action founded on this act to the amount of the sums refunded to them respectively as aforesaid: Provided always, That if any such stockholder shall be compelled by any such action to pay the debts due to any creditor or any part thereof, he shall have the right by bill in equity to call upon all the stockholders to whom any part of said stock has been refunded, to contribute their proportionable part of the sum paid by him as aforesaid.

SECTION 7. If the Directors of the said company shall declare and pay a dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, knowing such corporation to be insolvent, or the payment of such dividend would render it so, the Directors assenting thereto shall be jointly and severally liable in an action founded on this statute for all debts due from such corporation at the time of declaring such dividend: Provided, nevertheless, Each Director present at the time of declaring such dividend shall be held as assenting thereto, unless his protest is regularly filed and entered on the books of the corporation.

SECTION 8. The General Assembly may for just cause rescind the powers hereby granted, and prescribe such mode as may be necessary or expedient for the settlement of the affairs of the company.

Approved, February 23, 1850.

AN ACT to incorporate the Back River Wharf and Canal Company, and for other purposes therein mentioned.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia in General Assembly met,

and it is hereby enacted by the authority of the same, That Hiram Roberts and Doctor C. P. Richardson, and such other persons as they may associate with them, be and they are hereby created a body politic under the name and style of the "Back River Wharf and Canal Company," and in that name they may sue and be sued, plead and be impleaded, answer and be answered unto in any court of competent jurisdiction.

SECTION 2. And be it further enacted, That the said corporation be and they are hereby authorized, with the assent of the Mayor and Aldermen of the city of Savannah, and the Hamlets thereof, and of the Commissioners of Pilotage for the bar and river of Savannah, after a survey by a competent engineer, and reports setting forth fully what will be the effects of said canal on the river, to make a canal from the north branch of the Savannah river, to the south branch of the said river upon their own lands, across Hutchinson's Islands, and to run ferry boats propelled by steam or otherwise, from one of the public docks, under such stipulations as the Mayor and Aldermen of the city of Savannah may determine, ou the south side of the Savannah river, and through the canal across the north branch of the said river, and to such point on the South Carolina side of the north branch of the Savannah river as they may deem proper, and that the said corporation be authorized to run such wharf lines on the north side of Hutchinson's Islands from the intersection of the within named canal eastward as the Commissioners of Pilotage may deem right and proper, opposite their land, and build wharves and erect ware-houses thereon.

SECTION 3. Be it further enacted by the authority aforesaid, That the said corporation be and they are hereby authorized to charge and collect such rates of toll from each and all descriptions of water crafts passing through their canal, as well as wharfage upon all descriptions of goods, wares and merchandize landed upon the wharves, or taken from any flat or other description of water craft and put on board of any ship or vessel lying at their wharves, alter and change the rate of toll at pleasure, and charge the rates of wharfage established by law for the port and harbor of Savannah.

SECTION 4. Be it further enacted by the authority aforesaid, That for the purpose of establishing a ferry, cutting a canal and erecting wharves as before mentioned, that the said corporation be and they are hereby authorized to create a capital stock of one hundred thousand dollars divided into shares of one hundred dollars each, and to dispose of the said shares upon such terms and conditions as they may deem right and proper, and that each shareholder is hereby constituted a member of this corporation.

SECTION 5. Be it further enacted by the authority aforesaid,

That Hiram Roberts and Doctor C. P. Richardson, and such other persons as they may associate with them, under the name and style of the Back River Wharf and Canal Company, be and they are hereby authorized to make such bylaws for the government of, and to put the same in motion, as they may deem requisite, and to alter and change the same at pleasure: Provided, the said by-laws do not conflict with the laws and Constitution of this State, or of the United states, or the powers and privileges of the Mayor and Aldermen of the city of Savannah.

SECTION 6. Be it further enacted by the authority aforesaid, That all laws and parts of laws conflicting with this act be and the same are hereby repealed.

Approved, February 23, 1850.

AN ACT to amend an act to incorporate an insurance company to be called the Savannah Mutual Insurance Company, passed December 30th, 1847; and to incorporate Chattahoochee Lodge No. 61, of Heard county.

SECTION 1. Be it enacted by the Senate and House of Representatives of the State of Georgia in General Assembly met, and it is hereby enacted by the authority of the same, That the time prescribed in the said act for opening books to receive applications for insurance by the commissioners named in the said act, be and the same is hereby enacted for one year from the thirteenth day of December, 1849.

SECTION 2. And be it further enacted by the authority aforesaid, That for the purpose of aiding the organization of said company, and giving further assurance to the parties who may hold policies of insurance, the Trustees of the said company, to be appointed under the said charter, be and they are hereby authorized to accept such funds or securities as may be deemed satisfactory by them, and for such time as may be agreed upon to an amount not to exceed fifty thousand dollars, for which they are authorized to pay out of any money received by said company, to the owners of such funds or securities, at a rate of interest not exceeding seven per cent. per annum: Provided, That such funds or securities, upon which such interest shall be paid by the said company, shall be held subject to any losses the said company may sustain during the time such interest shall be paid, which the said company cannot discharge from its ordinary receipts.

SEC. 3. And be it further enacted, That the most worshipful master, senior and junior wardens of Chattahoochee Lodge No. 61, (sixty-one) in Heard county, and their successors in office, be and they are hereby declared a body corporate under the