Corporation created. CHAP. 208. AN ACT relative to the Albany Savings Bank. BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That it shall and may be lawful for the corporation called the Albany Savings Bank, to vest the monies which they have received, or shall hereafter receive, in the manner and for the purposes mentioned in the act incorporating the said company, in any stock of this state, or of the United States, or in the stock of any or either of the banks in the cities of Albany or Troy, or to loan the said monies to the said banks, or any or either of them, or the mayor, aldermen and commonalty of the city of Albany, at such rate of interest as may be agreed upon between them, not exceeding six per cent per annum. CHAP. 209. AN ACT to Incorporate the Fort Plain Bridge Company. Passed April 11, 1827. 1. BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That Charles Marvin, Daniel Ellis, Daniel Belden, John Warner, Henry Crouse, Abraham Diefendorff, Peter I. Waggoner, Nicholas Gross, Robert Hall, and all such persons as shall associate with them for the purpose of erecting and building a good and substantial bridge with stone abutments, and not less than twenty-five feet wide, over the Mohawk river, between the towns of Minden and Palatine, at or near the place where the ferry is now kept at the village of Fort Plain, in the county of Montgomery, shall be and hereby are made a corporation, in fact and in name, for and during the term of fifty years, by the name of "the president, directors and company of the Fort Plain bridge company,' and by that name they and their successors shall be persons in law General pow capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever, in all manner of suits, actions and causes whatsoever; that they may have a common seal, and that they and their successors shall be in law capable of purchasing, holding and conveying any estate, real or personal, for the public use of the said corporation: Provided, That the whole of the estate of the said corporation shall not exceed in value seven thousand dollars. Name. ers. Directors how chosen. 2. And be it further enacted, That the stock, property, affairs and treasurer and concerns of the said corporation, and the manner of obtaining subscriptions thereto, shall be managed, directed and conducted by five directors, who shall be stockholders, and shall, together with a treasurer, be annually chosen and elected on the second Tuesday in May in every year, at such time and at such place as the directors for the time being shall appoint, of which notice shall be given in writing at three of the most public places in each of the towns of Minden and Palatine, at least fourteen days before the day of meeting; that all elections for treasurer and directors shall be by ballot, and such person who shall at any such elections have the greatest number of votes given as treasurer, shall be the treasurer; and in like manner such five persons who shall have the greatest number of votes at such election, shall be directors, and shall hold their offices for one year, and until others shall be chosen in their places; that if any vacancies shall happen among the directors, by death, resig. Vacancies, nation or otherwise, such vacancies shall be filled for the remainder of the year in which they may happen, by the appointment of the other directors, for the time being, or a majority of them, and that the first directors shall be Henry Crouse, Abraham Diefendorff, Pe- First directer I. Waggoner, Nicholas Gross and Robert Hall, of whom Peter I. tors. Waggoner shall be treasurer, who shall hold their offices until the second Tuesday in May, in the year of our Lord one thousand eight hundred and twenty-eight, and until others shall be chosen to succeed them, and that the said directors shall at their first meeting after such election, appoint one of their number president. 3. And be it further enacted, That the number of shares or Shares. subscriptions constituting the stock or fund of the said corporation, shall not exceed two hundred and eighty shares; that each share shall be twenty-five dollars, and that each stockholder shall be entitled to a number of votes proportioned to the number of shares which he or she shall have or hold in his or her name, according to the following ratio, that is to say: every owner of one or more shares Votes gradua to the number of four, shall have one vote; of five shares and under ted by shares ten, three votes; of ten shares and less than twenty, five votes; of twenty shares, eight votes; and one vote for every five shares above twenty. and account 4. And be it further enacted, That the president and directors Funds how for the time being, or a majority of them, shall have the disposition disposed of of the funds of the said corporation, to and for the uses aforesaid, ed for. and shall annually, on the second Tuesday in May, lay before the stockholders of the said corporation a general statement of their accounts and proceedings, which said statement of their accounts and proceedings it shall be the duty of the president and directors to lodge with the treasurer at least ten days previous to such annual meetings, for the inspection and examination of the stockholders; and the president and directors for the time being, or a major part of them, shall have power to make and prescribe such rules and regu- Regulations. lations as to them shall appear needful and proper, touching the management and disposition of the stock, property, and the state of the said corporation, and touching the duties and conduct of their secretary, clerks, agents and servants employed therein, and touching all such as appertain to the said corporation, with power to appoint such and so many workmen, clerks and servants, for the erection and building or repairing of the said bridge, as they may deem necessary. 5. And be it further enacted, That as soon as the said bridge Gate. shall be complete, and will admit of the passage of loaded teams and other carriages, it shall and may be lawful for the said president and directors to erect a gate at either end of the said bridge, and demand, receive and take, for the use of the said corporation, a toll not exceeding the following rates, to wit: every four wheel pleasure car- Rates of toll. Other bridges prohibited within one mile. riage drawn by two horses, nineteen cents; if drawn by four horses, twenty-five cents; every two wheel pleasure carriage drawn by one horse, nine cents; every wagon and two horses, twelve and an half cents; and if drawn by four horses, nineteen cents; each sled and horse, six cents; each ox, wagon, or cart, and two oxen, twelve and an half cents; each additional yoke of oxen, six cents; every one horse cart, six cents; every one horse sled, six cents; every man and horse, six cents; every foot passenger, two cents; every horse, jack or mule, three cents; every cow or other neat cattle, one cent; every score of sheep or hogs, ten cents; and so in proportion for a greater or less number; and all persons going and returning from places of religious worship, shall be exempt from paying toll. 6. And be it further enacted, That it shall not be lawful for any person or persons to erect a bridge or establish or keep a ferry across the said river, within one mile from the place where the said bridge shall be erected and built, other than persons residing within that distance, in their own boats for their own convenience only. 7. And be it further enacted, That if the said bridge shall not Corporation dissolved in be erected, built and completed within three years from the passing certain cases of this act, or if after the bridge shall have been completed, it shali at any time be impassable for the want of sufficient repairs, for the term of sixty days, or if the said bridge shall be carried away by ice, or otherwise destroyed, and shall not be rebuilt within two years, then and in either of those cases, the corporation created by this act shall be adjudged and considered to be dissolved to every intent and purpose, except for the purpose of answering and defending any suit or suits to be commenced against them, and collecting any debts that may be due to or from them. Public act. Right to repeal. 8. And be it further enacted, That this act be and the same is hereby declared a public act, and shall be construed favorably for every beneficial purpose therein named. 9. And be it further enacted, That the legislature may at any time alter, amend, or repeal this act. СНАР. 210. AN ACT to enable the Methodist Episcopal Church in the Town of Poughkeepsie to mortgage their Real Estate. Passed April 11, 1827. WHEREAS the trustees of the Methodist Episcopal church in the town of Poughkeepsie have, by their petition to the legislature, prayed that the said incorporation might be permitted to mortgage their real estate in the town of Poughkeepsie, to secure any loan made to them: Therefore, BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That it shall and may be lawful for the Methodist Episcopal church, in the town of Poughkeepsie, at any time within two years from the passage of this act, to mortgage their real estate in the town of Poughkeepsie, to secure any loan made to them, not exceeding the sum of two thousand dollars. CHAP. 211. AN ACT to enable the First Presbyterian Church in the Village of Poughkeepsie to mortgage their real estate in Poughkeepsie. Passed April 11, 1827. WHEREAS the trustees of the first Presbyterian church in the village of Poughkeepsie have, by their petition to the legislature, prayed that the said incorporation might be permitted to mortgage their real estate in the village of Poughkeepsie, to secure any loan made to them: Therefore, BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That it shall and may be lawful for the first Presbyterian church in the village of Poughkeepsie, at any time within two years from the passage of this act, to mortgage their real estate in the village of Poughkeepsie, to secure any loan made to them, not exceeding the sum of two thousand dollars. CHAP. 212. AN ACT to annex Township number sixteen, commonly called Passed April 11, 1827. BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That all that part of township number sixteen, commonly called Chesterfield, in the county of St. Lawrence, lying and being north of a continuation of the south bounds of Stockholm to the east bounds of the said county, be and is hereby annexed to the town of Brasher: And further, That all that part of said township number sixteen, lying and being south of a continuation of the said south bounds of Stockholm, be and is hereby annexed to the town of Hopkinton in said county. CHAP. 213. AN ACT to annex a part of the Town of Lisle, in the County of Broome, to the Town of Union. Passed April 11, 1827. 1. BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That from and after the passing of this act, all that part of the town of Lisle, in the county of Broome, comprised in lots numbers one hundred and forty-nine, one hundred and fifty, one hundred and fifty-one, one hundred and fifty-two, one hundred and sixty-nine, one hundred and seventy, one hundred and seventy-one, one hundred and seventy-two, one hundred eighty-nine, Preamble. Corporation may contract with owners. the chancel one hundred ninety, one hundred ninety-one, one hundred ninetytwo, two hundred and nine, two hundred and ten, two hundred and eleven and two hundred and twelve, in the grand division of the Boston purchase, shall be, and the same is hereby annexed to the town of Union in said county of Broome. 2. And be it further enacted, That the supervisors and overseers of the poor of said towns shall, as soon as may be after the first day of May next, meet together and apportion the poor and poor funds of said town of Lisle, as the same existed at the time of the passage of this act, agreeably to the last tax list of said town. CHAP. 214. AN ACT authorising the Mayor, Aldermen and Commonalty of the City of New-York to take possession of certain Lands. Passed April 11, 1827. WHEREAS the mayor, aldermen and commonalty of the city of New-York have represented that the convenience of the said city requires that they should become possessed in fee simple, of such of the lands, tenements and hereditaments in the eighth ward of the said city as they do not already so possess, which are bounded northwardly by Spring-street, eastwardly by Washington-street, southwardly by Canal-street and westwardly by West-street, for the purpose of a public market, which they contemplate establishing thereon. 1. BE it enacted by the People of the State of New-York, represented in Senate and Assembly, That it shall be lawful for the mayor, aldermen and commonalty of the city of New-York, within one year from the first day of May next, to contract and agree with the owner or owners, lessees, persons or parties respectively, entitled unto or interested in all or any part of the above mentioned and described lands, tenements and premises, for the purchase thereof, if they can agree with the said owner or owners, lessees, persons or parties; but Or apply to in case of disagreement, or in case any owner or owners, lessees, perlor or a judge sons or parties aforesaid, shall be feme covert, under age, non-comin certain pos mentis or out of said city, then it shall be lawful for the said mayor, aldermen and commonalty to apply to the chancellor of this state, or to the judge of the circuit court of the first circuit, or to the first judge of the court of common pleas for the city and county of New-York, who upon such application is hereby authorised and required to issue one or more writs, as occasion shall require, in nature of a writ ad quod damnum, to be directed to the sheriff of the city and county of New-York, commanding him that by the oath of twelve good and lawful men of the said city and county, who shall be indifferent to the parties, he shall enquire whether the owner or owners, lessees, persons or parties respectively entitled unto or interested in any of the lands, tenements and hereditaments above mentioned and described, which owner or owners, lessees, persons or parties shall be named in the writ, if the same is known or can be ascertained; and the said writ shall also contain an apt and sufficient description of the said lands, tenements and hereditaments which will suffer any and what damages, by and in consequence of relin cases, for writs, &c. |