Notice how

pletion of said assessment rolls, the said chamberlain shall immediately thereafter cause notice in writing to be given to the person from whom the same shall be due, and require such person to pay the same to the said chamberlain, at his office, on or before the fifth day of February thereafter, and that in default thereof, a warrant will be issued on the sixth day of February for the collection thereof according to law.

§ 3. The fifth section of the second article of said act is hereby and when to amended so as to read as follows: Such notice shall be served be served. upon such person if he be a resident or engaged in the transaction of business within said city, either personally or by leaving the same at his residence or place of business, as the case may be, with some person of suitable age and discretion, at least five days before the said fifth day of February, or at any other time before the first day of March ensuing, but no further legal measures shall be taken until the expiration of five days after the service of said notice, which shall be deemed a compliance with the Revised Statutes, requiring every collector to call at least once on the person taxed, or at the place of his residence and demand payment of the taxes charged to him on his property.

Chamberlain

to give no

tice in two newspapers

to persons

who omitted

to pay taxes,

§ 4. The sixth section of the second article of said act is hereby amended so as to read as follows: The said chamberlain shall also immediately after the said fifteenth day of January, give public notice in two of the public newspapers of the said city, tó be published therein ten days, notifying all persons who shall have omitted to pay their taxes, to pay the same at his office on or before the fifth day of February: and upon filing an affidavit or affidavits of the service of the notice required by the fourth and fifth sections of article second of this act as herein prescribed, in the office of the clerk of the county of Rensselaer; or that the persons therein named could not upon diligent search and inquiry be found in said city; and also upon filing an affidavit or affidavits of the due publication of the notice required by this section as herein prescribed, it shall be the duty of the said chamberlain upon all taxes so remaining unpaid on the sixth day of February next succeeding the completion of the said assessment rolls, to issue his warrant under his hand, and directed to the sheriff of the county of Rensselaer, or any constable or marshal of said city not residing in the same ward with the person against whom the warrant is issued, to be designated by the common council, commanding him to levy the amount of said tax and five per cent thereon, together with any state or county tax with the per centage thereon, which the same person may own, by distress and sale of the goods and chattels of such person against whom the said warrant shall be issued, or of any goods and chattels in his possession, wheresoever the same may be found within said city, and to pay the same to the said chamberlain, and return such warrant within twenty days after the date thereof, and no claim of property to be made to such goods and chattels so found in the possession of the said party, shall be available to prevent a sale.

§ 5. The third section of the third article of said act is here- Taxes when by amended by striking out from the last line thereof the word to be paid. "tenth," and by inserting in its place the word "fifth," so that the portion of the said section as thus amended shall read as follows: "and that the taxes mentioned therein must be paid to him at his office on or before the fifth day of February ensuing."

§ 6. The fourth section of the third article of said act is hereBy amended by striking out from the last line thereof the word "tenth," and by inserting in its place the word "fifth," so that the last line of the said section as thus amended shall read as follows: "the fifth day of February ensuing, four per cent."

Per centage.

§ 7. The fifth section of the third article of said act is hereby Words to be amended by striking out the word "tenth" in the seventh line of inserted, said section and inserting in place thereof the word "fifth," and by striking out the word "eleventh" in the eighth line of said section and by inserting in its place the word "sixth" and that the said section so amended shall be and remain in force.

and how to

§ 8. The sixth section of the third article of said act is hereby Notice when amended so as to read as follows: Such notice shall be served be served. upon such person if he be a resident or engaged in the transacton of business within said city either personally or by leaving the same at his residence or place of buisness, as the case may be, with some person of suitable age and discretion, at least five days before the said fifth day of February, or said notice may be served at any other time before the first day of March ensuing, but no further legal proceedings shall be had until the expiration of five days after the service of such notice, which shall be considered a compliance with the provisions of the Revised Statutes requiring every collector to call at least once on the person taxed, or at his place of residence, and demanding payment of the taxes charged to him on his property.

and inserted.

§ 9. The seventh section of the third article of said act is here-Words to be by amended by striking out the word "tenth" in the seventh line stricken out thereof and inserting in its place the word "fifth" by striking out the word "eleventh" in the sixteenth line of said section and inserting in its place the word "sixth" by inserting after the word "chamberlain" in the twenty-third line of said section the words "together with the amount of any city tax with the per centage thereon which the same person may owe," and by striking out the word "fifteen" in the twenty-eighth line of said section and by inserting in place thereof the word "twenty," and that the said section so amended shall be and remain in force.

§ 10. The second section of the fourth article of said act is . hereby amended by striking out from the first line thereof the word "fifteen" and by inserting in its place the word "five," so that the first line of the said section as thus amended shall read

as follows: "If any such assessment shall remain unpaid for five days:

§11. The third section of the fourth article of the said act is Words to be hereby amended by inserting after the words "expiration of the inserted.

Amendment.

Fees of the sheriff and constables.

month" in the sixth line of said section the words "or at any other time within one year," and by inserting after the words "of said notice" in the seventh line of the same section the words "but no further legal proceedings shall be had until five days after the service of said notice," and that the said section so amended shall be and remain in force.

§ 12. The fourth section of the fourth article of said act hereby amended by inserting after the words "their common seal," in the eighth line thereof the words "directed to the sheriff of the county of Rensselaer, or any constable or marshal of the city of Troy, commanding them." And after the words "so assessed" in the twelfth line of said section, by inserting the words "and to return the said warrant within twenty days after the receipt thereof," and that the said section so amended shall be and remain in force.

§ 13. The sheriff of the county of Rensselaer or any constable or marshal of the city of Troy shall be entitled to the same fees for collecting any warrant issued to them by virtue of the act hereby amended, as they are now entitled to by law for collecting executions; and the bail or sureties of such sheriff, constable or marshal shall be liable to pay to the corporation of the said city all such sums of money as any such sheriff, marshal or constable shall become liable to pay by reason of any such warrant having been delivered to such sheriff, marshal or constable for collection. § 14. Notices requiring the payment of any taxes or assessquiring payments levied or confirmed within the last twelve months, may be to be given. given at any time within six months after this act shall take effect as a law, and warrants for the collection of such taxes or assessments may be issued at any time after the expiration of five days from the time of serving such notices.

Notices re

ment when

Percentage

§ 15. It shall be the duty of the chamberlain of the city to add to be added two per cent. on all warrants issued for the collection of city, county or state taxes which shall be returned to said chamberlain unsatisfied in addition to the per centage authorised to be collected by said warrants.

Name

changed.

16. This act shall take effect immediately.

Chap. 211.

AN ACT to amend the charter of the Nautilus Insurance Company in the city of New-York.

Passed April 5, 1849.

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

§ 1. The Nautilus Insurance company shall hereafter be known as the New-York Life Insurance company.

the compa

§ 2. The business of the said company shall be confined to Business of insurance on lives and it may make all and every insurance ap- ny. pertaining to life, and receive and execute trusts, make endowments and grant and purchase annuities.

§ 3. At the election for trustees each insured member for any Voters. sum paid in or secured as a premium of insurance to said company during the year preceding such election, shall have one vote either in person or by proxy, duly signed by the person effecting such insurance; and every person holding a certificate or certificates of the company (not discharged by payment of losses) to the amount of one hundred dollars, shall also be entitled to one vote and for every additional hundred dollars one vote in the

same manner.

up.

§ 4. When the actual capital of such company liable for the Notes when payment of losses shall amount to the sum of two hundred thou- to be given sand dollars, the notes given for premiums in advance, may be given up to be cancelled.

timate to be

idends.

§ 5. The officers of this company within one month subse- Annual esquent to the first day of January in each year, shall cause an made of proestimate to be made of the profits, and true state of the affairs of fits and div the said company, as near as may be for the preceding year, and all such dividends as may be declared by the trustees, shall be placed to the credit of the persons entitled thereto on the books of the company, and each person so entitled, may receive a certificate therefor. No certificate, however, shall be issued for any sum less than ten dollars. Such dividend certificates to contain a proviso that the amount named therein is liable for any loss by said company. The trustees may at their discretion, declare or pay interest on such certificates, at a rate not exceeding six per cent per annum; but no dividend shall ever be declared and payable, impairing the capital or accumulation of said company.

under act of

§ 6. The statement required to be made by the act amending Statement the charter of said company, passed April 15, 1843, shall here- 1843. after be made within thirty days after the first day of January in each year.

clause.

§ 7. The change of name of the corporation shall not prejudice Saving the rights of any person, dealer, or assured, but suits may be sustained by or against the company in its present corporate name on any former policy or liability; and any act or contract of the company under the charter hereby amended, not inconsistent with the provisions hereof, shall be adjudged valid between all parties, and all provisions of the charter hereby amended inconsistent with this act are hereby repealed.

§8. The legislature may at any time alter or repeal this act. 9. This act shall take effect immediately.

Right to repeal.

Name changed.

Provision relative to real estate.

Title confirmed

A new channel may

ed.

Chap. 212.

AN ACT To amend the charter of the Williamsburgh Fire
Insurance Company.

Passed April 5, 1849.

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

§ 1. The corporate name of the Williamsburgh Fire Insurance Company, shall hereafter be the Citizens Fire Insurance Company.

§ 2. It shall be lawful for the said corporation on the sale of any real estate heretofore mortgaged to them, or which may hereafter be mortgaged to them under any proceedings to foreclose the same, to purchase said real estate or any part thereof, and also to receive and take any real or leasehold estate in payment or towards the satisfaction of any debt previously contracted or due to the said corporation, and to hold such real and leasehold estate as may be purchased or received by them until they can advantageously dispose of the same.

§ 3. The title of said corporation to the real and leasehold estate heretofore conveyed to them is hereby confirmed, and it shall be lawful for said corporation to sell and convey the real and leasehold estate now held by them, or which they may hereafter acquire, as soon as they can advantageously dispose of the same; and all sales and conveyances heretofore made by said corporation are confirmed to the grantees thereof, their heirs and assignees forever. Nothing in this section contained, shall be so construed as to impair the legal rights or interests of any other person or persons.

§ 4. This act shall take effect immediately.

Chap. 213.

AN ACT In relation to the Cayuga and Seneca canal. Passed April 5, 1849, "three fifths being present." The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§ I. In re-building the locks on the Cayuga and Seneca canal, be construct the canal commissioners are hereby authorised, if they shall deem the interest of the state to require it, to separate this canal from Seneca river, and construct an independent channel for the same from the head of lock number nine, below Seneca falls, to the Montezuma level, crossing Seneca river by an aqueduct, thereby dispensing with the re-building of three locks.