Superintendent when to clofe his accounts. Sale of cerrain lots how made. Provifo. A-space of found in Sa into lots, &c. Superintend covered by the superintendent in his own name with costs of suit, for the use of the people of this state. XXIV. And be it further enacted, That the said superintendent shall, on the first day of January next, or within six days thereafter, close his accounts with each lessee or manufacturer of salt and account with the comptroller, and thereafter shall close his accounts with such lessees or manufacturers quarter yearly, and account with the comptroller yearly, and also report to the legislature the state of the salt works at Onondaga. XXVI. And be it further enacted, That the superintendent of the salt works shall advertise for sale for six weeks successively, in the newspapers printed by the printer of this state, one of the printers at Whitestown, and the printer at Lavana, lots number nineteen, twenty, twenty-one, twenty-two, twenty-eight, thirty-four, thirty-nine, forty, forty-one and forty-two, in the village of Salina; and at the time and place mentioned in such advertisements, which place shall be at said village, he shall expose the said lots at public auction separately, and sell them to the highest bidders respectively; Provided, That no lot shall be sold for a less sum than forty dollars; and each purchaser shall for every lot so purchased by him, immediately pay, as part of the purchase money, the sum of ten dollars; and if he shall within twelve months thereafter pay the remainder of the purchase money, and erect a building or buildings on such lot of the value of two hundred dollars, he shall be entitled to a deed in fee for the same, otherwise the said first payment to be forfeited to the people of this state, and such purchase to be void; and when any purchaser shall produce to the surveyor-general certificates from the superintendent and treasurer, that he has purchased any lot as aforesaid, and performed the conditions hereby required, the surveyor general shall thereupon execute to him a deed for the same as aforesaid. XXVII. And be it further enacted, That it shall and may be lawful to and for the said superintendent to lay out the space of ground between Carbone and Spring-streets, in front of Free-street in Salina, into convenient lots for manufacturing salt, and sufficient for those of the surplus water of said salt springs, and to lease the said lots upon the like terms and conditions as are specified and contained in the fourth section of the act, entitled An act supplementary to the act, entitled An act concerning the salt springs in the county of Onondaga; Provided, That at the expiration of such leases no compensation shall be allowed any such lessee for any buildings or improvements made on any such lot, but such lessee shall be at liberty to remove any such buildings from said lot. XXVIII. And be it further enacted, That the comptrolhow fettled. ler of this state shall credit the accounts of the said superin ent's accounts tendent, and draw his warrant on the treasurer for the balance found due him, and the treasurer shall thereupon pay to the said superintendent the balance so found due as aforesaid. affeffment. XXIX. And be it further enacted, That the said super- To be exintendent shall not be subject to any assessment of work empted from or labour on the highways or public roads in the town of . Onondaga, any former law to the contrary notwithstanding. An ACT to amend an Act, entitled "An Act concerning the Salt Springs in the County of Onondaga," passed 30th March, one thousand seven hundred and ninetyeight, and to amend "An act for laying out part of Lot No. I, in the Town of Hannibal, in the County of Onondaga, into Lots, and for other Purposes therein mentioned," passed third day of April, one thousand seven hundred and ninety-seven. Passed 1st April, 1800. Session 23, ch. 77. An ACT to amend the Acts upon the Subject of the Salt I. Passed 8th April, 1800. Brepresented in Senate and Assembly, That it shall fuperinten E it enacted by the People of the State of New-York, Power of the leafes. and may be lawful for the superintendent of the salt works renewal of in the county of Onondaga, and he is hereby required on behalf of the people of this state, to renew to the lessees or their assignees, such of the leases of the salt lots, at and contiguous to the said springs, as expire on the twentieth day of June next, for the period of seven years, subject to the rents and upon the terms and conditions prescribed in and by the act, entitled An act concerning the salt springs in the county of Onondaga, passed the first day of April, one thousand seven hundred and ninety-seven, and the acts amending the same, except that in the leases to be executed under this act, shall be inserted a stipulation or condition, that in case any such lease shall be assigned or disposed of by the lessee, or any part of the premises therein contained under let, without the permission of the said superintendent to be expressed in writing, the same lease shall be forfeited, and the premises therein contained revert to the people of this state, and be liable to be entered upon by the said superintendent; which said permission the superintendent shall not give until all arrears of rent upon any such lease shall be paid; Provided also, That no Provifo, such lease shall be renewed as aforesaid, unless all arrears of rent thereon shall have been previously paid to the said superintendent. Credit to be given upon the fale of falt. Duty of the herein. III. And be it further enacted, That it shall and may be lawful for the said superintendent upon the sale of any salt in the public store belonging to the people of this state, to give a credit therefor, not exceeding six months, upon good and sufficient security for the payment of the price of such salt, with lawful interest thereon, to the satisfaction of the said superintendent. IV. And be it further enacted, That it shall and may be afiftant attor lawful to and for the assistant attorney-general of the disney-general trict comprehending the said county of Onondaga, subject to the directions of the attorney-general, to execute and discharge the various duties enjoined upon the attorneygeneral by virtue of the said recited acts. Part of the 6th fect. of an act repealed. Duty of 1 per cent per buf cafes herein deicribed. An ACT to extend the Time for the Payment of the purchase Money for the Lots of Land sold in the Town of Hannibal and the Village contiguous to the Salt Springs, in the County of Onondaga. Passed 16th February 1801. Sess. 24, ch. 7. TWENTY-FOURTH SESSION. CHAP. CLXXVII. II. Passed 7th April, 1801. AND be it further fnacted, That the sixth section of the act, entitled An act concerning the salt springs in the county of Onondaga, passed the 1st April, 1797, so far as relates to the keeping in store the quantity of salt therein mentioned for the supply of the citizens of this state, be and the same is hereby repealed. III. And be it further enacted, That the duty of one cent el remitted in per bushel shall not be demanded on any salt manufactured at the said salt springs, which the superintendent shall refuse to receive into the block-house or public store at the salt springs, after being brought to such store, and there inspected, as directed by the act in that behalf provided. Obfolete. Banks. An ACT to prevent the Establishment of any Bank within this State other than the Bank of North America, and for incorporating the same within this State. Passed 11th April, 1782. Sess. 5, ch. 35. Bank of New York. FOURTEENTH SESSION. CHAP. XXXVII. W York. Passed 21st March, 1791. HEREAS Isaac Roosevelt and others, associated as a company under the style of the president, directors and company of the bank of New-York, by their petition presented to the legislature, have prayed for the privilege of being incorporated, the better to enable them to carry on the purposes of their institution: Therefore, Preamble. and ftyle of ration. I. Be it enacted by the People of the State of New-York, Stockholders represented in Senate and Assembly, and it is hereby enacted incorporated, by the authority of the same, That all such persons as now the incorpo are, or hereafter shall be stockholders of the said bank, shall be and hereby are ordained, constituted and declared to be, from time to time, and until the second Tuesday of May, which will be in the year one thousand eight hundred and eleven, a body corporate and politic, in fact and in name, by the name of the president, directors and com pany of the bank of New-York ; and that by that name, Their powers they and their successors, until the said second Tuesday of May, one thousand eight hundred and eleven, shall and may have continual succession; and shall be persons in law 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 actions, suits, complaints, matters and causes whatsoever; and that they and their successors may have a common seal, and may change and alter the same at their pleasure; and also that they and their successors, by the same name of the president, directors and company of the bank of New-York, shall be in law capable of purchasing, holding and conveying any estate, real or personal, for the use of the said corporation. II. And be it further enacted by the authority aforesaid, That a share in the stock of the said bank, shall be five hundred Spanish milled dollars, or the equivalent thereof in specie; and the number of shares shall not exceed one thousand eight hundred, exclusive of any shares that may be subscribed on the part of this state, and subscriptions shall be kept open under the direction of the president and directors of the said bank, until the said number of shares shall be filled, and the whole amount of the stock, estate and property which the said corporation shall be authorized to hold, including the capital stock or shares above mentioned shall never exceed in value one million of dollars. Price of each ber limited. and amount of the capital ftock. fhare & num Affairs to be managed by 13 directors, one of whom to be prefident, and to be chofen an nually. III. And be it further enacted by the authority aforesaid, That the stock, property, affairs and concerns of the said corporation shall be managed and conducted by thirteen directors, one of whom to be the president, who shall hold their offices for one year, which directors shall be stockholders, and shall be citizens of this state, and be elected on the second Tuesday of May in every year, at such time in the day, and at such place in the city of New-York as a majority of the directors, for the time being shall appoint; and public notice shall be given by the said directors in two of the newspapers printed in the said city, of such time and place, not more than twenty, nor less than ten days previous to the time of holding the said election; and the said election shall be held and made by such of the said stockholders of the said bank as shall attend for that purpose, in their own proper persons or by proxy; and all elections for directors shall be by ballot, and the thirteen persons who shall have the greatest number of votes at any election, shall be the directors, except as is hereinafter directed; and if it should happen at any election that two or more persons have an equal number of votes, in such manner that a greater number of persons than thirteen, shall by plurality of votes, appear to be chosen as directors, then the said stockholders herein before authorized to hold such election, shall proceed to ballot a second time, and by plurality of votes determine which of the said persons so having an equal number of votes, shall be the director or directors, so as to compleat the whole number of thirteen; and the said directors as soon as may be after the said election, shall proceed in like manner to elect by ballot one of their number to be their president; and four of the directors which shall be chosen at any year, excepting the president, shall be ineligible to the office of director for one year, after the expiration of the time for which they shall be chosen directors; and in case a greater number than eight of the directors, exclusive of the president, who served for the last year shall appear to be elected, then the election of such person or person above the said number, and who shall have the fewest votes, shall be considered as void, and such other of the stockholders as shall be eligible and shall have the next greatest number of votes shall be considered as elected in the room of such last described person or persons, and who are hereby declared ineligible as aforesaid; and the president for the time being shall always be eligible to the office of director, but stockholders not residing within this state shall be ineligible, and if any director shall remove out of this state, his office shall be considered as vacant; and if any vacancy or vacancies should at any how fupplied. time happen among the directors by death, resignation or removal from this state, such vacancy or vacancies shall be filled for the remainder of the year in which they may Vacancies |