Page:United States Statutes at Large Volume 36 Part 1.djvu/1386

 1362 SIXTY-FIRST CONGRESS. Sess. III. Crrs. 282, 283. 1911. of the corporation; with full power to adopt by—laws and such rules or regulations as shall be deemed necessary to secure_ the safe and convenient transaction of the business of  e_corporation; and with full power and discretion to invest any principal and deal with and ex end the income of the corporation m such manner as m the jug ent of the trustees will best promote the objects herembefore _ set Idlrith; and, in general, to have and use all the powers and authority necessary and proper to promote such objects and carry out the purposes of the corporation. The trustees shall have power to hold as investments any securities given, assigned, or transferred_to.them or to the corporation by any person, persons, or corporation, and to retain such investments, and to invest any sums or amounts from time to time in such securities and in such form and manner as may be permitted to trustees or to charitable or literary corporations for investment according to the laws of the State of Ohio, or in such securities as may be authorized for investment by any deed of trust or by any act or: deed of gift or last will and testament. rxsmpmm from Sec. 6. That all personal property and funds of the corporation °“°°°“‘ held, or used for the purposes hereof, pursuant to the provisions of this Act, whether of principal or income, shall, so long as the same shall be so used, be exempt from taxation by the United States or any {gj{}Q{gi,0n on pm, Territory or district thereof: Provided, That said corporation shall not erty mains. accept, own or hold directly or indirectly any property real or personal » - except such as may be reasonably necessary to carry out the purposes ‘ of its creation as defined in this Act. · w§:P°"”“ °‘ ‘“”‘ Sec. 7. That the services of the trustees, when acting as such, shall be gratuitous, but the corporation may provide for the reasonable expenses incurred by the trustees in attending meetings or otherwise in the performance of their duties. ,e;,f°°°*‘“‘“°° °‘°"“" Sec. 8. That this charter shall take effect upon its being acce ted by a majority vote of the incorporators named herein, who shall be present at the first meeting of the corporation, due notice of which meeting shall be given to each of the incor rators named herein, and a notice of such acceptance shall be given by said corporation causing a certificate to that effect signed by its president and secretary to be filed in the office of the recorder of deeds of the District of Columbia. Anmuone, em. Sec. 9. That Congress may from time to time alter, repeal, or modify this Act of incor oration, but no contract or individual right made or acquired shall thereby be divested or impaired. Approved, March 4, 1911. 00 .a2lg·?é;er;rgr§;tt'£g gglgtgpggzsatgpvgty of Portsmouth, New Hampshire, to [Public, No. 523.] Be it enacted by the Senate and House of Re esentatives of the United iljkjggggyhkéveh States ofAme1·2`0a m C'0ngr·e.¢8 assembled, That authority is hereby ms,-mags. ’ " given the city of Portsmouth, New Hampshire, or its assigns a corporation organized under the laws of the State of New Hampshire, to construct, maintain, and operate a bridge and approaches thereto across the Piscataqua River at a point suitable to the interests of navigation, at or near Portsmouth, in the county of Rockingham, in the State of New Hampshire, in accordance with the provisions of v01.z4,p. ar. the Act entitled “An Act to regulate the construction of bridges Eve; na§igable waters./’ approved March twenty-third, nineteen hunre an six. expressly reserved. Approved, March 4, 1911.
 * ¤°¤d¤*°°'~ Sec. 2. That the right to alter, amend, or repeal this Act is hereby