Capital stock how to Chap. 15. AN ACT to reduce the capital stock of the Albany Insurance Com pany. Passed January 27, 1849. The People of the State of New York, represented in Senate and Assembly, do enect as follows: § 1. The Albany Insurance Company are hereby authorised, be reduced. whenever their remaining capital stock or assets shall amount to the sum of two hundred thousand dollars, to appropriate and apply any surplus that may thereafter be realized by them over and above the said sum of two hundred thousand dollars, to the reduction of their capital from three hundred thousand dollars to the sum of two hundred thousand dollars, by refunding to the stockholders of said company from time to time the whole or any portion of such surplus, until the sum of twenty dollars shall be refunded on each share of stock held by them respectively. Provision in § 2. In case any stockholders shall be indebted to said company, debtedness. the amount to be refunded to them respectively, by virtue of the preceding section of this act shall be credited on their respective obligations. case of in Money may on bonds § 3. This act shall take effect immediately. Chap. 16. AN ACT To authorise the trustees of the village of Williamsburgh to raise money by loan, to pay certain debts. Passed January 27, 1849, three-fifths being present. The People of the State of New-York, represented in Senate and Assembly, do enact as follows: § 1. The trustees of the village of Williamsburg are hereby be borrowed authorised to borrow upon the corporate bonds of said corporation a sum not exceeding thirty thousand dollars, redeemable within ten years, in installments to be specified in such bonds, at a rate of interest not exceeding seven per cent; to be applied to the payment of all debts existing against said corporation, at the time of the passage of this act, for which the general funds of the said village are liable, and also to the payment of any disputed claim against said corporation, on account of streets or wells and pumps in said village, for which the general funds of said village may become liable, on or before the expiration of two years from the passage of this act. Amount in toads. § 2. The said bonds may be issued in any amount which the said trustees may deem proper, provided that none of such bonds shall be in a less sum than five hundred dollars; the interest on said bonds to be paid half yearly from the date thereof. be raised by bonds. § 3. The faith, property and effects of the said corporation are Money may hereby pledged for the faithful payment of the said bonds and the tax to pay redemption of the said loan; and the said trustees are hereby authorised in any year next preceding the time when the said bonds or any of them, or any instalment thereof shall become due, and are hereby directed to levy and collect by tax such sum as shall be necessary to pay such bond or bonds, instalment or instalments, in addition to and connection with the ordinary village taxes, and to apply the same punctually to the payment of the bond or bonds, instalment or instalments aforesaid. § 4. The said trustees are also hereby authorised and directed Also to pay to levy and collect annually by tax such sum as shall be neces-interest. essary to pay the interest upon said bonds. the village may receive § 5. Any creditor of the said village, whose demand shall be Creditors of chargeable upon the general funds of said village, to the amount of five hundred dollars, or more, may receive a bond therefor, and bonds. the said trustees are hereby authorized to execute said bond on the same terms and conditions as if he were a lender of such part of the sum authorized to be borrowed. paid to treas § 6. The sum of money hereby authorised to be borrowed, Moneys bor(excepting so much thereof as shall be loaned by creditors of said rowed to be village, in the manner provided for in the last preceding section,) urer. shall be paid to the treasurer of said village, on his giving adequate security for the faithful application thereof, as a special fund, to be paid out only on the warrant of the trustees drawn against such fund in payment of the debts in the first section of this act mentioned, and for receiving and disbursing the said special fund, the said treasurer shall be entitled to a commission of one half of one per cent. pump im $7. No payment which may be made by the said trustees out Well and of such fund on account of any judgment or claim originating in provements. a street or well and pump improvement, shall prejudice the right of the trustees to enforce the collection thereof from the several owners of property on such streets, or in such well and pump district. § 8. This act shall take effect immediately. Chap. 17. AN ACT to confirm the official acts of John H. Cameron, a justice of the peace of the town of Athal. Passed January 27, 1849. The People of the State of New-York, represented in Senate and Assembly, do enact as follows : § 1. All proceedings which have been had by and before official acts John H. Cameron, a justice of the peace of the town of Athol, confirmed. in the county of Warren, since the seventh day of April last, Saving clause. Liabilities remitted. Time limited Deed may to presbyte shall be held to be of the same force and validity as if the said John H. Cameron had taken, subscribed and filed, the oath of office required by the constitution and laws of this state, in the manner and within the time required by law. § 2. The passage of this act shall not impair any suit or proceeding that may have been had or commenced before the passage thereof, in consequence of the invalidity of any such proceeding before the said John H. Cameron. § 3. All penalties, liabilities and forfeitures incurred by the said John H. Cameron, for having executed the duties of the said office without having taken, subscribed and filed the oath of office within the time required by law, are hereby remitted. § 4. This act shall take effect immediately. Chap. 18. AN ACT to continue in office the commissioners on practice and pleadings. Passed January 31, 1849. The People of the State of New-York, represented in Senate and Assembly, do enact as follows: § 1. The commissioners on practice and pleadings now in office, are hereby continued in office with the powers, duties and salaries prescribed by the constitution and laws of the state, until the first day of April next. § 2. This act shall take effect on the first day of February, one thousand eight hundred and forty-nine. Chap. 19. AN ACT to authorise the chairman of the board of supervisors of the county of Delaware to convey certain real estate. Passed January 31, 1849. The People of the State of New-York, represented in Senate and Assembly, do enact as follows: § 1. Darius Maples, the chairman of the board of supervisors be executed of the county of Delaware, is hereby authorised to convey by rian church. deed duly executed by him, as such chairman, to the First Presbyterian church of the town of Delhi, or its trustees, to be designated by its corporate name, all that piece or parcel of land situated in Delhi aforesaid, and bounded as follows: beginning on the westerly side of the highway leading from Sherwood's bridge to the Delaware county poor house, at the southerly corner of the lot known as the First Presbyterian church lot, and running thence along the highway southwesterly, one hundred and seventy feet, thence northwesterly at right angles to the highway, twentytwo feet, thence northeasterly parallel with said highway one hundred and seventy feet, to said church lot and thence along the same twenty-two feet to the place of beginning, containing three thousand seven hundred and forty square feet of land; also, one other piece of land situated on the southerly side of the highway running from the first above described highway to the Scotch mountain, bounded as follows: commencing at a point on the said highway fourteen feet southeasterly from the barn belonging to the said poor house and running thence along said highway southeasterly one hundred feet, thence at right angles with said highway southwesterly fifteen feet, thence northwesterly and parallel with the highway, one hundred feet, thence in a direct line to the place of beginning, containing fourteen hundred square feet of land; and such conveyance, so executed, shall convey to the said society all of the title to and in said land, held and owned by the county of Delaware at the time of such conveyance. Chap. 20. AN ACT to levy a tax upon School District number fourteen, in the towns of Milan and Pine Plains, to reimburse certain moneys to John Germond, David I. Hicks and Nathan Smith. Passed January 31, 1849. "Three-fifths being present." The People of the State of New-York, represented in Senate and Assembly, do enact as follows: tax. § 1. The trustees of school district number fourteen formed Money to be of parts of the towns of Milan and Pine Plains, in the county of fraised by Dutchess, are hereby authorised and directed to assess, levy and collect, in the same manner as taxes are directed to be assessed, levied and collected in school districts, upon and from the taxable inhabitants of said school district, the expenses incurred and money paid in a suit of John Germond, David I. Hicks and Nathan Smith, former trustees of said school district against and with Peter Hapeman, said suit having been brought by said trustees against said Peter Hapeman, and by him removed to the court of common pleas, and there determined; the collector of said school district is authorised to collect such moneys and pay the same to John Germond, to be applied by him in payment of said sums and expenses. determin § 2. The town superintendent of schools of the town of Pine Expenses to Plains, is hereby authorised and directed to settle and determined and set the amount of such expenses incurred, and sums paid out by said tled. former trustees, or either of them, and shall certify the same in writing, and the said trustees are directed to assess, levy and collect the said sum so certified by him. Loan may be made to and Warren. Chap. 21. AN ACT to authorise the purchase of the toll bridge at Jessup's, Passed January 31, 1849. "Three-fifths being present." The People of the State of New-York, represented in Senate and Assembly, do enact as follows: § 1. It shall be lawful for the Comptroller of this state to loan counties of to the counties of Saratoga and Warren, the sum of twelve hunSaratoga dred dollars from and out of the capital of the common school fund, payable with the interest thereon by the said counties at the times and in the manner hereinafter provided, and which said sum of twelve hundred dollars shall be paid by the Comptroller to George T. Rockwell and Jeremy Rockwell, executors, and Betsey Rockwell, executrix of the last will and testament of Jeremy Rockwell, deceased, late of the town of Hadley, in the county of Saratoga, and Nathan A. Wells and Daniel Stewart, of the town of Luzerne, in the county of Warren, to be by them apportioned between themselves according to their respective interests in the corporation created by the act entitled "An act authorising Nathan A. Wells, Daniel Stewart, Jeremy Rockwell and Henry Rockwell, to build a toll bridge across the Hudson river at Jessup's, Little Falls, between the counties of Saratoga and Warren, for the purpose of extinguishing their interest in and to the toll bridge erected by said corporation. county. Money to be § 2. The board of supervisors of the county of Warren, at raised by tax in Warren their next annual meeting, shall levy and assess the sum of three hundred dollars, together with one half the interest on the whole sum of twelve hundred dollars upon the different towns in said county, to wit: The sum of one hundred and fifty dollars, and the interest on the same upon the town of Luzerne, and the balance upon the remaining towns of the county in such proportion as they may direct; which amount shall be paid back to the treasury of the state, in the same manner as other taxes of the state are paid. In Saratoga county. In Warren county. § 3. The board of supervisors, of the county of Saratoga, at their next annual meeting, shall levy and assess the sum of three hundred dollars, together with one half of the interest on the whole sum of twelve hundred dollars, upon the different towns in said county, to wit: The sum of one hundred and fifty dollars, and the interest on the same, upon the town of Hadley, and the balance upon the remaining towns of the county benefited by the same, in such proportion as they may direct; which amount shall be paid back to the treasury in the same manner as other taxes of the state are paid. § 4. The board of supervisors of the county of Warren, at their annual meeting in the year eighteen hundred and fifty, shall levy and assess the sum of three hundred dollars and the interest |