New Jersey Acts Saved from Repeal ACTS SAVED 40 § 160-3(4)

4. That the president and members of said board of trustees or other governing board of such village shall be electors and residents of said village; that the president shall hold office for a term of two years; that the other members shall, at their first meeting after their election, divide themselves into two classes, of three each, by lot; the first class to hold their offices for the term of one year, and the second class to hold their offices for the term of two years, so that three members of said board shall be chosen at each and every annual election thereafter.