Minors and females. the same, or any part thereof, except to pay necessary expenses, under the direction of the said board of trustees. All certificates or other evidences of deposit, made by the proper officer of such corporation, shall be as binding upon the corporation as if they were made under the common seal. § 8. The subordinate officers and agents of the said corporation shall respectively, give such security for their fidelity and good conduct, as the board of trustees may from time to time require; and said board shall fix the salaries of such officers and agents. § 9. The books of said corporation shall, at all times during its hours for business, be open for inspection and examination to the comptroller of this state, and such. other persons as the legislature or the comptroller shall designate as agents for that purpose. Whenever any agent shall be appointed to make any such examination, he shall be paid for his services by such corporation, such sum as the comptroller shall certify to be reasonable and just. § 10. Whenever any deposit shall be made by any minor, the trustees of the said corporation may, at their discretion, pay to such depositor such sums as may be due to him or her, although no guardian shall have been appointed for such minor, or the guardian of such minor shall not have authorised the drawing or payment of the same; and the check, receipt or acquittance of such minor shall be as valid as if the same was executed by a guardian of such minor, or the minor was of full age, if such deposit was made personally by said minor; and when any deposit shall be made by any female, being or thereafter becoming a married woman, the said corporation shall pay to such last mentioned depositor, such sum as may be due her, and her receipt or acquittance shall be a sufficient discharge to said corporation. § 11. The misnomer of said corporation in any instrument, shall not vitiate nor impair the same, if it be sufficiently indicated or described to ascertain the intention of the parties. § 12. The coporation hereby created shall be subject to the provisions of the eighteenth chapter of the first part of the Revised Statutes, as far as the same are applicable to this act. § 13. It shall be the duty of the trustees of said cor- Investment poration to invest as soon as practicable in public stocks or public securities, or in bonds and mortgages, as provided for in this act, all sums received by them beyond an available sum of not exceeding fifty thousand dollars, which they may keep to meet the current payments of said corporation, and which may by them be kept on deposits, on interest, or otherwise, in such available form as the trustees may direct. port §14. The board of trustees, shall, on or before the Annual retwenty-fifth day of January and twenty-fifth day of July, in each year, make such report to the bank superintendent as is required by law, and shall be subject to all the provisions and requirements of the act entitled "An act in relation to savings banks," passed March twenty, eighteen hundred and fifty-seven. § 15. This act shall take effect immediately. Chap. 562. AN ACT to release the interest of the State in certain real estate in the city of Oswego, of which John Rowan died seised, to Catharine Rowan, his widow. Passed April 15, 1857, by a two-third vote. The People of the State of New-York, represented in Senate and Assembly, do enact as follows: interest. SECTION 1. All the right, title, interest and estate of Release of the people of this state in and to any real estate situated in the city of Oswego, in the county of Oswego, in this state, acquired by escheat upon the death of John Rowan, late of said city of Oswego, is hereby released to Catharine Rowan, widow of the said John Rowan, her heirs and assigns forever. § 2. Nothing contained in this act shall affect the rights of any creditor of the said John Rowan, deceased, in and Election declared valid. to said real estate, or any part thereof, or of any mort- Chap. 563. AN ACT to confirm the election of Anson Cong- of The People of the State of New-York, represented in SECTION 1. The election of Anson Congdon and Rod- § 2. All actions and proceedings of said Anson Congdon and Rodman Freeborn, as superintendents of the poor in and for said county, since the first day of January, one thousand eight hundred and fifty-seven, are hereby ratified and confirmed. Nothing herein provided shall affect any suit or proceeding heretofore commenced against said superintendents. §3. This act shall take effect immediately. S Chap. 564. AN ACT to abolish the fees of county judges. Passed April 15, 1857. The People of the State of New-York, represented in Senate and Assembly, do enact as follows. ment of SECTION 1. County judges shall not hereafter take or Abolish. be allowed any fees for services rendered by them, ex- fees. cept for such services as may be performed by justices of the peace or commissioners of deeds. be deemed to apply to surrogates' fees. This act shall not §2. No county judge shall receive or be allowed any greater fees for services rendered by him, than are now allowed by law to said justices of the peace or commissioners of deeds. § 3. All laws inconsistent with this act are hereby repealed. § 4. This act shall take effect immediately. Chap. 565. AN ACT to amend an amended act entitled "An act to incorporate the Broadway Savings Institution of the city of New-York." Passed April 15, 1857, three-fifths being present. The People of the State of New-York, represented in Senate and Assembly, do enact as follows: SECTION 1. The sixth section of the act entitled "An act to incorporate the Broadway Savings Institution, in the city of New-York," passed June twentieth, eighteen hundred and fifty-one, is hereby amended by striking out as follows: loans. "But by the consent and approbation of all the trustees Amount of present at a regular meeting, not less than a quorum for the transaction of business, amounts not exceeding five Title released. thousand dollars to any individual, may be loaned on unincumbered, productive real estate, worth at least double the amount to be secured thereby." And substitute the following: "But by the consent and approbation of all the trustees present at a regular meeting, amounts not exceeding ten thousand dollars to any individual may be loaned on unincumbered productive real estate, in the cities of NewYork and Brooklyn, worth at least double the amount to be secured thereby. § 2. This act shall take effect immediately. Chap. 566. AN ACT to release the interest of the People of this state in certain lands to Thomas Shaughnessy. Passed April 15, 1857, by a two-third vote. The People of the State of New-York, represented in Senate and Assembly, do enact as follows: SECTION 1. All the right, title and interest of the people of this state, in and to certain lands, situate in the city of Brooklyn, and county of Kings, described in a certain deed thereof, from Thomas Shaughnessy, and wife, to John McGowan, bearing date twenty-fifth February, eighteen hundred and forty-six, and recorded in Kings county register's office on the eighth day of April, eighteen hundred and forty-six, in liber one hundred and forty-five of conveyances, page five hundred and nineteen, and which were subsequently re-sold by said McGowan, and his wife, to said Shaughnessy, are hereby released to and vested in said Thomas Shaughnessy, and his heirs, with full power to grant and convey the same. § 2. Nothing in this act shall be deemed to affect the rights of creditors, purchasers, or mortgagees of said John McGowan, or the creditors or purchasers of any former owner. §3. This act shall take effect immediately. |