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Chap. 525.

AN ACT to provide for the final closing up of the affairs of the president, directors and company of the Catskill bank.

Passed April 22, 1867.

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

SECTION 1. It shall be lawful for the trustees, or the survivors of them, of the president, directors and company of the Catskill bank, whose charter expired the thirty-first day of December, one thousand eight hundred and fifty-two, to cause a notice to be published, once in each week for six months successively, in the State paper, and in such other newspaper as the Superintendent of the Bank Department shall direct, requiring all persons having circulating notes or bills of said bank, to present the same for redemption to said trustees of said bank, or the survivors of them, at the Catskill national bank at Catskill, or to some bank in the city of Albany or in the city of New York, to be designated by said superintendent, and to be stated in said notice, within two years from the first publication of said notice.

Notice to be by trustees.

published

When bills cease to be a bank.

of bank to

lien on

$2. All circulating notes or bills of such bank, which shall not have been presented for payment within the time required by such notice, shall, upon the expiration of said period of two years, cease to be a lien or charge upon the property or effects of such bank in the hands of the trustees, and all liability of said trustees or of the stockholders individually of said bank, for or on account of any circulating notes or bills of said bank, which shall not have been presented within the time specified by such notice, shall also cease. And the said trustees, or the sur- Division of vivors of them, may, after the full payment of all circulating notes of such bank, and all other claims and demands against said bank, which shall have been presented within the time required by such notice, divide the remaining property and effects of. said bauk among the stockholders thereof, their per

effects.

sonal representatives or assigns, according to their respective shares and interests therein. $3. This act shall take effect immediately.

Chap. 526.

AN ACT to authorize the construction of an iron bridge over the Champlain canal, on Broad street, in the village of Waterford, in the county of Saratoga.

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:

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SECTION 1. The Canal Commissioners are hereby authorized and directed to construct an iron bridge in place of the present wooden bridge over the Champlain canal, on Broad street, in the village of Waterford, in the county of Saratoga, of sufficient length to permit of the widening of the canal at that point, so as to allow the free passage of boats of the same size as those which now navigate the Erie canal.

S2. The Canal Commissioners in constructing said bridge shall have due reference to the terms of the contract, now in existence, for the repairs of the section on which said bridge is located, and shall furnish to the Auditor of the Canal Department a statement of the difference in cost between the construction of said iron bridge and the construction of said bridge on the original plan.

S3. The Treasurer of the State shall pay, on the warrant of the Auditor of the Canal Department, a sum not exceeding seven thousand dollars, over and above the amount charged to the repair contractor, from any moneys appropriated or to be appropriated for extraordinary repairs; and in case there shall be no such funds or moneys, then payment shall be made from any moneys appropriated for repairs of the eastern division of the canals.

$4. This act shall take effect immediately.

Chap. 527.

AN ACT to authorize the construction of a railroad from Hunter's Point to Flushing, in Queens county,

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. It shall be lawful for "The Hunter's Point, Newtown and Flushing Turnpike Road Company," to construct or allow and permit to be constructed, a double or single railroad track or tracks on their road from the New York ferry at Hunter's Point, in Queen's county, to a point in or near the village of Flushing, in said county; and the said corporation shall have the right and power, and are hereby authorized to increase their capital stock, or issue bonds to the amount actually expended in constructing and equipping the said railroad, not in the aggregate to exceed the sum of two hundred thousand dollars, subject to all the provisions of the act passed April second, eighteen hundred and fifty, entitled "An act to authorize the formation of railroad corporations, and to regulate the same," and of the several acts amendatory thereof, so far as the same are applicable and not inconsistent with this act. 52. The rails for the said track or tracks shall be of such weight and pattern as may be suitable for the purpose, and the said road of said company, including that part thereof upon which no rails are laid, shall continue to be kept as a gravel road, and shall be upheld and maintained as such in good and sufficient repair; and the said tracks shall be so constructed on each side of the central bed of said gravel road as not to be less than forty feet apart, and so as not to interfere with the free and uninterrupted use of said gravel road as fully as the same is now used.

Who may

construct

road.

Pattern and rail, etc.

weight of

Gravel

road.

$3. The cars to be used on said railroad shall be cars. of approved make and style, and shall be drawn by horses or mules only.

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Who to constitute

S 4. No greater fare than twenty cents shall be charged for carrying an adult passenger the whole length of said railroad; children under twelve years of age shall not be charged more than half that rate of fare.

S5. The said corporation may continue to collect and receive the same rates of tolls for the use of their gravel road as are now authorized by law.

S6. The said railroad shall be completed within five years from the passage of this act.

$ 7. This act shall take effect immediately.

Chap. 528.

AN ACT to incorporate the Nineveh Bridge
Company.

Passed April 22, 1867.
The People of the State of New York, represented in
Senate and Assembly, do enact as follows:

SECTION 1. All persons who shall become stockcorporation. holders pursuant to this act, shall be and they are hereby constituted a body corporate, by the name of "the Nineveh Bridge Company," with power to construct a bridge across the Susquehanna river, in the village of Nineveh, in the county of Broome, which bridge shall be not less than eighteen feet in width, and secured by good and substantial railings.

Width of bridge.

Tolls.

S2. As soon as said bridge shall be so far completed as to admit of the safe passage of horses and carriages, it shall be lawful for the said company to ask, demand or take for the use or crossing of said bridge a toll not exceeding the following rate: For every four wheeled pleasure carriage, drawn by two horses, twenty-five cents, every additional horse, three cents; every wagon and two horses, eighteen cents, every additional horse three cents; each sled and two horses, eighteen cents, every additional horse, three cents; each wagon or cart drawn by two oxen, eighteen cents, every additional yoke of oxen, six cents; each wagon or cart drawn by one horse, twelve cents; each sleigh drawn by one horse, ten cents; each sleigh drawn by one yoke of oxen, eigh

teen cents, every additional yoke, six cents; every man and horse, six cents; every person crossing on foot, three cents; every horse, jack or mule, four cents; every cow or other neat cattle, two cents; every sheep, hog or calf, one cent.

stock.

$3. The capital stock of said company shall be Capital ten thousand dollars, divided into four hundred shares of twenty-five dollars each, which shall be deemed personal property, and shall be assignable and transferable on the books of the company according to the by-laws thereof; and the directors of said company shall have power to call in the capital stock at such times and in such installments, and upon such terms as the said directors for the time being shall prescribe, under the penalty of forfeiture of stock and all previous payments. The stockholders shall be personally liable for all debts of the company to the amount of the stock held by them respectively. $4. The said company is hereby empowered to Company purchase, receive and hold such real estate, on either land needed side of the river, as may be necessary or convenient poses. for the use and purpose of said bridge; in case the Mode of company cannot agree with the parties owning the title. land so required, after having been surveyed or mapped by their engineer or agent, the said company are authorized to acquire title to such land in the same manner that railroad companies acquire title to real estate for railroad purposes.

$5. James Poole, Franklin Edgerton, Shubel Merrill, Riley Bush, Timothy Guy and Wiley H. Scott, are hereby appointed the commissioners to open the books for the purpose of receiving subscriptions for the stock of said company; and they, the said commissioners, or a majority of them, shall, on or before the first day of June next, open books at some suitable place for the purpose of receiving said subscriptions.

may

for its pur

acquiring

Commis

sioners to

receive sub

scriptions.

rectors to be

36. When two-thirds of the capital stock of said When dicompany is subscribed, on ten days' notice given by elected. the commissioners, or a majority of them, a meeting of the stockholders shall be held for the election of five directors for said company; the commissioners, or such of them as are present, shall preside at the election, and such election shall be made at the time

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