Statutes at Large of the State of New York: Comprising the Revised Statutes, as They Existed on the 1st Day of January, 1867, and All the General Public Statutes Then in Force, with References to Judicial Decisions, and the Material Notes of the Revisers in Their Report to the Legislature, Volumen6

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Weed, Parsons, 1869
 

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Página 330 - ... and when a credit shall be directed to be given upon such sale for the consideration money, or any part thereof, the trustees are hereby authorized to take, in their corporate name, such security, by bond and mortgage, or otherwise, for the payment thereof, as they shall deem best, and shall hold the same as a corporation and account therefor, to their successors in office and to the district, in the manner they are now required by law to...

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