Exempt

from taxation.

Acts of, as board of

§ 2. Section three of said act is hereby made the fourth section thereof, and there shall be a new section three, which shall be as follows:

§ 3. The real and personal property of the said corporation used exclusively for charitable purposes shall be, and it is hereby made and declared exempt from all taxation.

§ 3. This act shall take effect immediately.

CHAP. 51.

AN ACT to legalize the acts of the board of education of union free school district number ten of the town of Warsaw, Wyoming county, and to enable the said board of education to protect the interests of said district in certain real estate.

PASSED March 19, 1881; three-fifths being present.

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

SECTION 1. The acts of Lloyd A. Hayward, Samuel Fisher, Naeducation thaniel D. Fisher, Samuel D. Purdy and Charles W. Bailey, as the legalized. board of education of union free school district number ten, of the town of Warsaw, in selling and conveying- by virtue of an act of the legislature of the state of New York, entitled "An act to authorize the board of education of school district number ten, in the town of Warsaw, to erect a school building, and provide means for the payment thereof," passed April twelfth, eighteen hundred and seventy-two-to Ambrose J. Armstrong, certain real estate, by deed of conveyance dated November twentieth, eighteen hundred and seventy-seven, and in taking as security for the payment of twenty-six hundred dollars of the consideration money therefor, and the interest thereon, a mortgage upon said real estate, are hereby in all things legalized and confirmed. 82. The board of education of said district or their successors, are hereby authorized, in their corporate name, to foreclose and collect mortgage. said mortgage, or to sue for and recover the sum to which they may be entitled thereon.

May foreclose and collect

§ 3. If, upon the foreclosure of said mortgage, as herein provided, the said board of education, or a majority of the members thereof, shall deem it for the best interests of the district to bid in said real estate, they are hereby authorized in their corporate name to purchase, take and hold the same; and whenever said board of education, or a majority of the members thereof, shall deem that the interests of the district will be promoted thereby, they are hereby authorized, in their corporate name, to lease or sell the same, or any part thereof, with the appurtenances thereon, at such price as they shall deem proper; and any deed or conveyance of said real estate, duly executed by the members of said board, or a majority of them, by virtue of this act, shall be valid and effectual to pass all the estate or interest of said district in said premises.

§ 4. If, upon the sale of said premises, as provided by either of the sections of this act relating thereto, the board of education of said district, or a majority of the members thereof, shall deem that the interests of the district will be promoted thereby, they are hereby authorized to give a credit for the consideration money, or any part

thereof, and to take, in their corporate name, such security by bond and mortgage, or otherwise, and upon such terms as they shall deem proper, 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 account for moneys received by them; and the board of education of said district for the time being may, in their name of office, sue for and recover the moneys due and unpaid upon any security so taken by them or their predecessors.

received,

5. All moneys received by the board of education of said district Moneys from the sale of said premises, or from any lease of the same, or as how to be interest upon any security taken by said board as herein provided, shall applied. be paid to the treasurer of said board of education, and applied by said board in payment of teachers' wages, and the ordinary contingent expenses of said union free school district.

6. This act shall take effect immediately.

CHAP. 52.

AN ACT to amend chapter three hundred and sixty-three of the laws of eighteen hundred and seventy-four, entitled "An act to amend an act entitled 'An act to facilitate the construction of the New York and Oswego Midland railroad, passed April fifth, one thousand eight hundred and sixty-six.'"

PASSED March 22, 1881; three-fifths being present.

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

SECTION 1. Section one of chapter three hundred and sixty-three of the laws of eighteen hundred and seventy-four, entitled "An act to amend an act entitled 'An act to facilitate the construction of the New York and Oswego Midland railroad, passed April fifth, one thousand eight hundred and sixty-six,'" is hereby amended so as to read as follows:

sioners to

invest

and create

§ 1. It shall be the duty of the commissioners, with the money paid Commis them in accordance with section eight of chapter three hundred and purchase ninety-eight of the laws of eighteen hundred and sixty-six, to pur- bonds or chase the bonds issued by their respective town, village or city, in aid money of the construction of the New York and Oswego Midland railroad, sinking and if said bonds cannot be so purchased, then said commissioners fund. shall, within thirty days after the receipt of said money, invest the same in state, city, town, county or village bonds issued pursuant to law of this state, United States bonds, or in bonds and mortgages upon unincumbered real estate within this state, worth at least twice the sum to be invested, exclusive of buildings, to be held by them and their successors in office as a sinking fund for the purchase of said bonds issued in aid of said railroad, or for the redemption of said bonds at their maturity; and said commissioners shall in like manner invest any and all interest which may from time to time accrue on said securities, as a part of said sinking fund.

to be

§ 2. When any bonds are purchased as provided in section one of Bonds this act, the commissioners shall cancel the same and cause them to purchased be filed in the office of the clerk of their respective county, in the canceled སྭཱ

Supervisors and

issue

bonds to redeem

railroad bonds.

Rate of interest.

May be

called in.

To whom issued.

manner now provided for the cancellation and filling out of the coupons of said bonds.

§ 3. This act shall take effect immediately.

CHAP.. 53.

AN ACT for the relief of the town of Yates in the county of Orleans, to abolish the office of railroad commissioner of said town and to enable said town to adjust its indebtedness and issue bonds therefor.

PASSED March 22, 1881; three-fifths being present.

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

SECTION 1. The supervisor together with the justices of the peace justices to of the town of Yates, in the county of Orleans, are hereby authorized to execute under their hands and seals, and to issue new bonds with interest-bearing coupons in the name of such town, for the purpose of redeeming, taking up and retiring the bonds issued by the railroad commissioners of such town in aid of the Lake Ontario Shore Railroad Company, or to pay any judgment entered on said bonds and coupons; such other bonds to bear interest annually at a rate not exceeding five (5) per centum per annum, and be made payable at such times that the principal thereof shall become due and payable in thirty-three or forty annual payments, such payments to be substantially equal, and said principal and interest to be payable at some place to be designated in said bonds and coupons. Said bonds shall contain a provision giving said town the right to call in and pay any part of said bonds and coupons which shall remain unpaid at the end. of twenty years from the date thereof at any time when any payment of interest is due and payable. Said new bonds may be issued to the holders of said old bonds or coupons or the owner of any judgment recovered thereon in sufficient amount to take up the old bonds and due and past due coupons and judgments recovered thereon, owned by them, respectively; or in the discretion of said supervisor and justices, they may sell said new bonds at a price not less than par, and with the proceeds thereof take up said old bonds and due and past due coupons and judgments recovered thereon; but no greater amount of such bonds shall be issued than is sufficient to take up and retire said old bonds and coupons, including judgments thereon which have been recovered against said town, and they shall be used for no other purpose. Before said supervisor and justices, or any of them, of said town, shall issue any such bonds they shall give to such town a bond with sureties who shall justify in at least twenty-five thousand dol'ars, said bond to be approved by the county judge of Orleans county and conditioned for the faithful discharge of their duties and the use and application of such bonds as herein required, which said bond when given shall be filed with the county clerk of Orleans county. The namesettle supervisor and justices of said town are hereby authorized to settle indebted and adjust said indebtedness, and nothing herein shall be construed as compelling them to issue such bonds until a satisfactory adjustment is made.

Amount.

Official bonds.

Officers

ness.

to report

visors.

§ 2. The supervisor of said town shall report to the board of super- Supervisor visors of the county of Orleans, within three days after the commence- to board ment of their regular annual session in each year, the number and of superamount of bonds and coupons so issued, and falling due within the next ensuing year the time when the same shall fall due, and the amount required to pay the same, and it shall be and it is hereby made the duty of the said board of supervisors to cause to be assessed and levied and collected of the real and personal property of the said town Tax. of Yates, such sum or sums of money as shall be necessary for the payment of principal and interest of said bonds of such town due, or becoming due, during such next ensuing year, and the same, when collected, shall be applied by the supervisor of such town to the payment of such principal and interest; and in case of failure of said supervisor to make the annual report of the amount necessary to be levied to pay such principal and interest for the ensuing year, it shall be the duty of the board of supervisors to ascertain such amount, as near as practicable, from the original report of the amount of bonds. issued, and the time they fall due, and assess and levy such amount in manner aforesaid, and when collected the same shall be paid over by the collector of said town, to the supervisor of such town, who shall apply the same to the payment of such principal and interest, and To be said supervisor shall, upon the payment thereof, take up the bonds applied to and coupons paid by him, and plainly mark them in ink as cancelled, of bonds noting also thereon the time of such payment, and thereupon he shall est. file them with the clerk of said town. After the expiration of twenty If majoryears from the date of said bonds, if a majority vote of said town at ity so vote, any town meeting shall be given for such purpose, the supervisor and twenty justices or any three of such officers of said town may in any year re- years quire the said board of supervisors to assess and levy any sum neces- amount sary to pay all or any part of the outstanding and unpaid bonds and be coupons of such town, in addition to the sum which may be necessary to pay the bonds and coupons which will become due during the ensuing year, and when so required, it shall be the duty of, and said board of supervisors are hereby required to assess and levy such additional sum with the sum so reported by said supervisor, which additional sum, when collected, shall be paid to the supervisor of said town, and be by him applied to the payment of the bonds of said town which will next fall due.

payment

and inter

after

whole

may

raised.

be made

§3. The supervisor and justices of said town shall report to the Report to town clerk of said town, in writing, the number of bonds issued by to town them, the amount thereof, the time when and the place where payable, clerk. which report shall be signed by them and filed with such clerk within ten days after such bonds are issued, and said clerk shall duly record said report in the records of said town, and whenever said bonds or coupons shall be returned to him cancelled, he shall immediately minute the amount and number of such bonds and coupons so cancelled and the time of payment in said records.

bonds to

§ 4. The said bonds shall contain a recital that they are issued Recital in under the provisions of this act, and such recital shall be conclusive be concluevidence in any and all courts and places of the validity of said bonds, sive eviand the regularity of their issue.

dence.

railroad

§5. The office of railroad commissioner of said town is hereby Office of abolished; and any powers or duties which have heretofore devolved commisupon said commissioners, which have not heretofore been provided for, sioner to are hereby vested in and imposed upon the supervisor of said town. ished. The bail of the supervisor of said town, from year to year, shall be

be abol

Bonds not to bear interest after

maturity.

If addi

tional sum is raised,

to call in and pay

bonds.

liable upon the bond required by law to be given for the faithful discharge by such supervisor of the duties hereby required to be performed by him.

§ 6. The bonds and coupons issued pursuant to this act shall not bear interest after maturity, unless presented at the time and place of payment, and payment refused; nor shall the bonds, which shall be called in as hereinafter provided, bear interest after the time at which they shall be required to be presented for payment, unless presented at the time and place of payment and payment refused; provided, however, that such bonds and coupons may, after the expiration of fifteen days from maturity, or from the time when they are required to be presented as hereinafter provided, be presented to the supervisor of the town, and in case payment is refused by him, interest shall run from the time of such refusal.

§ 7. If the supervisor and justices shall cause to be raised any additional sum as provided for by the second section of this act, the supervisor supervisor of such town is hereby authorized to call in and pay an amount of said bonds equal to the amount of such additional sum so raised, which shall next become due and payable by the terms thereof. Said supervisor shall publish a notice in one of the public papers published in the village of Medina, stating the number and amount of the bonds, the time and place at which the same are required to be presented for payment, which notice shall be published for four weeks successively, prior to the time when said bonds are required to be presented for payment.

General act.

Corporat

ors.

§ 8. This act shall be deemed and taken as a general act, and shall take effect immediately.

CHAP. 54.

AN ACT to authorize the incorporation of The Red House Agricultural Society among the Indians of the Allegany reservation.

PASSED March 23, 1881; three-fifths being present.

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

SECTION 1. Nathaniel Kennedy, Joel M. Silverheels, Walter Kennedy, Myron H. Silverheels, Johnny T. Jimerson, John P. Jimerson, Eli Shongo, Casley John, Henry Doxtator and Martin Doxtator, Indians of the Allegany reservation in the state of New York, and their successors, are hereby constituted a body corporate and politic forever, Name and by the name of the Red House Agricultural Society, for the promotion of agriculture, horticulture, arts, improvement of stock, improving and cultivating the tastes of the Indians on said reservation, and may have and use a common seal and may change and alter the same at pleasure.

objects.

Directors

Officers.

2. The persons above named shall be the first directors of the said corporation, and shall supply any vacancies which may occur in their number by their own appointment. Seven of their number shall constitute a quorum for the transaction of business. This society shall be governed by the following officers, viz.: a president, a vice-president, a secretary and a treasurer, who shall also be the executive committee. The said officers shall be chosen from the said directors.