etc.

of the said board of supervisors are authorized and directed to sell the said bonds at public auction on the fifteenth day of February eighteen hundred and seventy-seven, the sale to be previously advertised for two weeks successively, in the papers designated by resolution of said board of supervisors of said county of Albany as the official county papers, providing that said bonds shall not be sold for less than par. Said finance Engraving, committee of the board of supervisors shall receive proposals for the printing, engraving and printing of such bonds, and let the same to the lowest responsible bidder; and the said finance committee of the said board. of supervisors shall pay over the avails of said bonds to the treasurer Applicaof the county of Albany, less the amount of expenses of such sale, and said treasurer shall apply said avails in payment of the bonds of said county of Albany that shall mature in the year eighteen hundred and seventy-seven, so far as the same shall be sufficient for that purpose.

tion of

avails.

of,

§ 2. The said board of supervisors shall cause to be levied by tax on Payment the taxable property of said county, and collected and paid annually, vided for. such sums as may be necessary to pay the interest on said bonds, and to pay such portion of the principal thereof from time to time as the same shall become due, and the said treasurer shall apply the money so collected and paid to him towards the interest and principal of said bonds as they become due.

§3. This act shall take effect immediately.

CHAP. 8.

AN ACT to amend the charter of the Young Men's Association of the city of Buffalo.

PASSED February 1, 1877.

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

executive

The How con

stituted,

etc.

SECTION 1. The control and disposal of the funds, property and Powers of estate, and the direction and management of the concerns of the commit Young Men's Association of the city of Buffalo, except the control, tee. direction and management of the real estate of which said corporation is or shall be seized, shall be vested in an executive committee. executive committee from and after the next annual election, shall consist of a president, a treasurer, twelve directors, and three curators of the library; and such executive committee shall elect annually from its members, a first and second vice-president, a corresponding secretary, and a recording secretary, whose term of office shall be for one year, from the date of their election. At the first annual election after Election of the passage of this act, there shall be elected a president and a treasurer, officers. whose term of office shall be one year, and twelve directors and three curators of the library, who shall hold office as follows: Four directors Terms of and one curator, for one year, four directors and one curator for two service. years, four directors and one curator, for three years; and such directors and curators before entering upon their terms of office, shall determine, by lot or otherwise, the length of their respective terms of office, and file with the secretary of the association their certificates thereof. At each succeeding annual election of said association, there shall be elected a president and a treasurer, whose term of office shall be elected be for one year; four directors whose term of office shall be for three

Officers to

annually.

Library committee constitut

ed of, etc.

Real estate to be under control of three commissioners.

years, and one curator of the library, whose term of office shall be for three years. The curators of the library shall, with two other members of the executive committee, to be appointed by the president, constitute a library committee; the curator, whose term of office shall first expire, shall be ex-officio chairman of the committee, and the duties of such committee shall be regulated by the by-laws of the association. § 2. The control, direction and management of the real estate of which the Young Men's Association of the city of Buffalo is or shall be seized shall be vested in three commissioners who, excepting those hereinafter designated, shall be elected in the manner herein provided: Howard H. Baker shall be one of such commissioners, and shall hold his office for one year from the next annual election of said association. Edward L. Stevenson shall be one of such commissioners, and shall hold his office for two years from the next annual election of said association, and there shall be hereafter elected at each annual election of said association one commissioner who shall hold his office for the Eligibility term of three years. The said commissioners shall be members of the said association, and they shall be elected by the vote of the life members and such other members thereof as shall have contributed fifty dollars or more to the said association to aid in the purchase of its real estate, or in payment of the debt incurred by the association for such purchase.

of.

Vacancies,

Powers

§ 3. In case of a vacancy occurring in the office of commissioner, how filled. the executive committee shall forthwith call a special election to fill such vacancy upon the same notice as is required for its annual election. 4. The said commissioners shall have the general charge, manageand duties. ment and control of the real estate belonging to the said association; they shall collect and receive the rents, income and proceeds of the real estate of said association, and shall attend to the leasing, repairs, improvements and insurance thereof, and the payment of all the disbursements and expenses incident thereto and necessary for its preservation and protection; they shall give such security for the faithful performance of the duties of the office as the said association by by-law may require.

To give security.

of association.

Limitation 5. The said association shall not have power to purchase or to grant of powers and convey, or to mortgage any real estate, or to reconstruct its buildings in case of their destruction, or to execute leases for a longer term than five years, except by resolution of the said commissioners, and of the executive committee of said association. And said association shall be subject to the provisions of chapter thirteen of part first of the revised statutes relative to public libraries.

Income and proceeds of

by whom

§ 6. The said commissioners shall expend the net income and proceeds of the real estate of the said association in the following manner: real estate, First. They shall pay therewith, annually, the interest of any debt how and which the association owes for its real estate. Second. They shall expended. then pay five thousand dollars, annually, toward the extinguishment of the principal of such debt, if any, and provided such net proceeds and income are not sufficient to pay such sum of five thousand dollars, they shall pay the whole of such net proceeds and income toward the extinguishment of such principal, and shall on the succeeding year or years, if such net proceeds and income be large enough, pay a sum in addition to such sum of five thousand dollars, sufficient to make up the deficiency. Third. They shall then pay, annually, all remaining funds of the said association unto the treasurer of the association.

consistent,

§ 7. All the provisions of the acts heretofore enacted by the legisla- Acts, inture relative to the said association inconsistent with this act, are repealed. hereby repealed.

§ 8. This act shall take effect immediately.

CHAP. 9.

AN ACT to authorize the extension of the time for the collection of taxes in the several towns of the State.

PASSED February 2, 1877; three-fifths being present.

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

of bond.

SECTION 1. If any collector or receiver of taxes in any town of this How State shall pay over all moneys collected by him, shall make his return extended. to the treasurer of his county as how required by law of all unpaid taxes on lands of non-residents, and shall renew his bond as is herein provided, the time for the collection of all other taxes of the year eighteen hundred and seventy-six and for making return thereof by him, shall be and is hereby extended to the fifteenth day of March, eighteen hundred and seventy-seven. Such bond shall be renewed Renewal with such sureties as in any town shall be approved by the supervisor thereof, or in case of his absence or inability to act, by the town clerk thereof. The penalty thereof in any case shall be double the amount of taxes in that case remaining uncollected. The bond shall be approved Approval. in writing and filed in the same manner as the original bond is required by law to be filed, and have all the effect of a collector's or receiver's bond. A copy of the bond and the approval thereof shall, within Copy to be fifteen days after the passage of this act, be delivered to the county terre treasurer of the county in which said town is.

delivered

urer.

Secretary

§ 2. It shall be the duty of the Secretary of State immediately after Duties of the passage of this act to cause it to be printed upon slips of paper of State. and delivered to each county treasurer a sufficient number thereof to supply one copy to each collector or receiver of taxes in said county, and it shall be the duty of said county treasurer to deliver one copy thereof to each collector or receiver of taxes in his county.

counties

§ 3. This act shall not apply to any county in which the board of Certain supervisors thereof has already made provision for the extension of the excepted. time for the collection of taxes.

§ 4. This act shall take effect immediately.

Laws of

chap. 613,

Five or

sons may

pany.

Filing of

associa

tion.

Contents.

CHAP. 10.

AN ACT to amend chapter six hundred and thirteen of the laws of eighteen hundred and seventy-five, entitled "An act to authorize the formation of corporations for the safekeeping and guaranteeing of personal property."

PASSED February 5, 1877.

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

SECTION 1. Section one of chapter six hundred and thirteen of the 1575, sec. 1, laws of eighteen hundred and seventy-five, entitled "An act to authoramended. ize the formation of corporations for the safe-keeping and guaranteeing of personal property," is hereby amended so as to read as follows: § 1. At any time hereafter, any five or more persons who may desire more per- to form a company for the purpose of taking and receiving upon form com- deposit, as bailee for safe-keeping and storage, jewelry, plate, money, specie, bullion, stocks, bonds, securities and valuable papers of any kind, and other valuables, and guaranteeing their safety upon such terms and for such compensation as may be agreed on by such company and the respective bailors thereof, and to let out vaults and safes and other receptacles for the uses and purposes of such corporation, may make, sign and acknowledge, before some officer competent to articles of take the acknowledgment of deeds, and file in the office of the clerk of the county in which the business of the corporation shall be carried on, and duplicates thereof in the office of the secretary of state, and in the banking department of the state, a certificate in writing, in which shall be stated the corporate name of the said corporation, which shall be in no material respect similar to the name of any other corporation organized and engaged in the business of receiving valuables on deposit for safe-keeping, for hire, or of letting out safes, and doing business in the same or an adjoining county; the objects, for which the corporation shall be formed; the amount of the capital stock of the said corporation (which shall not exceed one million dollars, nor be less than one hundred thousand dollars, except in cities and villages of less than one hundred thousand inhabitants, in which the capital stock may be not less than fifty thousand dollars); the term of its existence not to exceed fifty years; the number of shares of which the said stock shall consist; the number of trustees and their names, residence, occupation and post-office address, who shall manage the concerns of the said corporation for the first year, and the name of the place in which the operations of the said corporation are to be carried on. be all paid No company organized under this act shall be authorized to commence or transact business until the whole amount of the capital stock shall have been paid in. But the capital stock of any corporation organized under this act may be increased to an amount not to exceed one million dollars by the board of trustees on application in writing, signed by the stockholders representing a majority of the stock. A of increase statement of such increase shall be filed in the offices aforesaid. § 2. This act shall take effect immediately.

Capital stock to

in before

commence

ment of business.

May be increased. Statement

to be filed.

CHAP. 11.

AN ACT to extend the powers of county judges while in counties other than their own for the purpose of holding courts therein.

PASSED February 6, 1877.

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

tion co

with that

of judge

SECTION 1. During the period that any county judge shall be in a Jurisdiccounty other than his own, for the purpose of holding courts therein, extensive he may exercise all the powers and perform all the duties of the county judge of such other county, which said last-mentioned judge is by law of county authorized to exercise and perform out of court or in vacation; pro- court or in vided, however, that nothing herein contained shall empower him to vacation. perform the duties of surrogate in such other county. § 2. This act shall take effect immediately

CHAP. 12.

AN ACT to provide for the purchase of a steam fire engine and fire apparatus in the village of Brockport, and for the more effectual protection of said village against fire.

PASSED February 8, 1877; three-fifths being present.

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

out of

Surrogates' duties

excepted.

bonds.

SECTION 1. The trustees of the village of Brockport are hereby Trustees authorized to issue the bonds of said village, in such sums as they shall may issue deem expedient, to an amount not exceeding six thousand and six hundred dollars, and payable in five equal annual installments, commenc- Limitation ing in the year eighteen hundred and seventy-seven, bearing interest of amount at the rate of seven per cent per annum, and to sell such bonds at not of payless than their par value, and to apply the proceeds to the objects and ment. in the manner hereinafter provided.

and time

Interest and sale.

Applica

proceeds.

§ 2. The said trustees shall, with the means provided in the first section of this act, purchase a steam fire engine, so much hose as they shall tion of deem necessary, and such other implements and utensils as they shall deem expedient and necessary for the extinguishment of fires in said village. 3. The trustees aforesaid, shall each year levy upon the taxable Payment property within said village, at the same time and in the same manner provided as other village taxes are levied, a sum sufficient to pay all interest falling due on the aforesaid bonds, and also one thousand three hundred and twenty dollars, which sums shall be faithfully applied in payment of the interest as it shall become due, and in payment of the bonds authorized to be issued under the provisions of this act.

§ 4. This act shall take effect immediately..

for.