Objects of corporation.

Who to be trustees.

Quorum.

President, etc.

Terms of office of trustees.

S2. The objects and purposes of this corporation shall be the instruction of young women in science, the arts and literature, and the bestowment upon them of the opportunity and adequate facilities for a full course of collegiate study.

S3. The government and management of the affairs of this corporation shall be vested in a board of trustees, to consist of the persons named in the first section of this act, or their successors duly chosen by them, and four other persons elected by such conference or conferences of the Methodist Episcopal church, as the aforesaid James K. Place shall name. The said trustees as such, shall constitute the corporation, and a majority of them shall constitute a quorum for the transaction of business. But no contract shall be made requiring to be authenticated by the seal of the corporation, or real estate bought or sold, except by the affirmative vote or written approval of two-thirds of all the trustees.

$4. At the first meeting of the board and in every subsequent year, at the period prescribed by the bylaws, the trustees shall organize by the election of a president, vice-president, secretary and treasurer, who shall hold office till the ensuing annual meeting of the board, and till their successors shall have been chosen. The trustees appointed by the conference or conferences, as above provided, shall hold office, one half of them for one year, and one half for two years, so that at every regular session or annual meeting of the conference or conferences, there may be elected successors to the said trustees whose terms of office are about to expire. Any other vacancy occurring in the office of trustee, shall be filled by the other Examining members of the board. The conference or conferences aforesaid, may annually appoint a board of visitors, who shall visit the institution to examine and advise in relation to its affairs and management, and they shall make a report at the annual meeting of the conference or conferences.

Vacancies.

board.

Constitution and by-laws.

$5. The board of trustees shall adopt a constitution and by-laws for their government, and for the proper management of the affairs of the corporation, and the promotion of its objects; and the property

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ships.

of the corporation shall be exempt from assessment and taxation. Scholarships may be founded and scholarendowed in connection with the said institution, and it shall be subject to the visitation of the regents of the university, and to all regulations and statutes made and provided for collegiate institutions, not inconsistent with the provisions of this act.

$6. The corporation may establish and maintain a faculty, and six or more professorships, as may be deemed proper; and the trustees shall establish and confer degrees upon students duly graduating from the said institution. Honorary degrees may also be conferred at the discretion of the board; and all degrees and diplomas granted by the trustees, shall entitle the persons receiving them to all the privileges and immunities accorded by statute or usage in such cases.

Chap. 521.

AN ACT to correct verbal errors in the act entitled "An act to incorporate the city of Binghamton," passed April ninth, eighteen hundred and sixty-seven.

Passed April 22, 1867; three-fifths being present. The People of the State of New York, represented in Senate and Assembly, do enact as follows:

SECTION 1. The act entitled “An act to incorporate the city of Binghamton," passed April ninth, eighteen hundred and sixty-seven, is hereby amended as follows: Section six, of title three, by inserting the words "of officers" after the words "shall apply to elections." Section eleven of title three, by substituting the words "shall be at the time" for the word "be" wherever the same occurs in said section before the words "a resident elector." Section four, of title four, by reading "raze" for "raise" before the words "or demolish." Section five, of title four, by inserting the word "such" before the words "proceedings, notices," and the word "are" before the words "required by this act." Section eleven, of title four,

Professor

ships, de

grees, etc.

by striking out the word "motion" at the beginning of the section, and inserting the word "ordinance." Section six, of title five, by inserting the word "it" after the words "may retain." Section eight, of title five, by striking out the word "collected" after the words " and all moneys," and inserting the word "received.” Section sixteen, of title five, by inserting the word "his" before the word "successor. Section seventeen of title five, by inserting the word "of" before the word "Binghamton." Section four, of title seven, by substituting the word "an" for the word "and" before the words " affidavit of publication." Section sixteen of title eight, after the words "excavation or filling up" by inserting the words "to be." Section six, of title ten, by substituting the word "be" for the word "the" before the word "numbered." Section twenty-four, of title fourteen, by making the words" with the effect" to read "with the same effect." Section twenty-eight, of title fourteen, for the word "section" near the end of the section read "election."

$ 2. This act shall take effect immediately.

Chap. 522.

AN ACT for the relief of the Albany Burgesses Corps.

Passed April 22, 1867; three-fifths being present. The People of the State of New York, represented in Senate and Assembly, do enact as follows:

SECTION 1. The Treasurer shall pay, on the warrant of the Comptroller, out of moneys in the treasury not otherwise appropriated, the sum of one thousand five hundred dollars, to the commanding officer of the Albany Burgesses Corps, being the amount paid and expended by said corps in the month of April, eighteen hundred and sixty-one, for the uniforming, arming and equipping a company of militia, raised, and attached, and in the service of the United States as part of the Twenty-fifth regiment of the New York state militia, under the first call of the President.

S2. This act shall take effect immediately.

Chap. 523.

AN ACT to allow the persons associated as the Sigma Phi Society, to incorporate under chapter three hundred and nineteen, of the laws of eighteen hundred and forty-eight, and to take and hold real and personal estate.

Passed April 27, 1867. The People of the State of New York, represented in Senate and Åssembly, do enact as follows:

SECTION 1. The persons in this State who are now, or may be hereafter, associated together under the name of the Sigma Phi Society, are hereby authorized to form an incorporation under the three hundred and nineteenth chapter of the laws of eighteen hundred and forty-eight, entitled "An act for the incorporation of benevolent, charitable, scientific and missionary societies," passed April twelfth, eighteen hundred and forty-eight, and the several acts amendatory thereof and supplementary thereto, notwithstanding anything in the said or other acts

contained.

32. The incorporation which may be formed and organized by virtue of the provisions of this act, is empowered to take and hold real estate to the value of three hundred thousand dollars, and personal property to the value of fifty thousand dollars.

33. This act shall take effect immediately.

Chap. 524.

AN ACT to grant to William Orton, Charles C. Leigh and Charles Havard, their associates, successors and assigns, an exclusive right to lay telegraphic cables from this State to the Empire of France, and to work the same.

Passed April 22, 1867.

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

SECTION 1. William Orton, Charles C. Leigh and Charles Havard, their associates, successors and assigns, shall have the sole and exclusive right and privilege, for the period of twenty years from the date of this act, to lay, construct, land, maintain and operate telegraphic or magnetic lines or cables in and over the waters, reefs, islands, shores and lands over which the State of New York has jurisdiction, to connect, by means of said telegraphic lines or cables, the State of New York with the Empire of France; provided, however, that the provisions of this section shall not exclude the connecting lines of any submarine cable now or hereafter landed at any point on this continent except in the State of New York.

$2. This grant is upon the condition that the State of New York shall have the free and exclusive use of one of the said cables for the space of thirty minutes at any time within each twenty-four hours, with power to assign this right, from time to time, to the government of the United States; and upon the further condition that, within the period of two years from the passage of this act, the telegraphic communication herein contemplated shall be in successful operation for the transmission of messages and dispatches; otherwise this grant to be null and void; and upon the further condition that the legislature may at any time amend, alter or repeal this act.

3. This act shall take effect immediately.