New Jersey Acts Saved from Repeal ACTS SAVED 15 § 5-9(6)

6. That on and after such map shall have been filed as aforesaid, then the president and managers of any such company, or a majority of them, shall have full power and authority to select the location and to construct any such dam or other waterworks in such way and of such materials and of such character and dimensions as they may think necessary and proper to carry into full effect this act, and to assess the owners of the lands included in said company ratably according to the number of acres thereof severally held by them, in such sum or sums of money as shall be necessary for the erection of the said banks, dams, and other waterworks, and from year to year so to assess such sum or sums of money as they may deem necessary to be raised for repairing and maintaining the said banks, dams, and other waterworks, and for redeeming and canceling the bonds of such company and for paying off and discharging the interest due thereon; they shall determine the time or times of payment of such assessments, and shall make out and deliver a specific duplicate in writing thereof to the treasurer of the company forty days before the time or times of payment appointed therein; and the said duplicate, or a copy thereof, duly certified by said treasurer, shall be by him immediately filed in the clerk's office of the county wherein said lands are situate, and the same so filed shall be sufficient notice of the lien upon said lands, and a full receipt for any such assessment given by such treasurer to any such owner, or a duplicate copy thereof filed in such clerk's office, shall be notice of the release of the lien of the assessment so receipted for.