Page images
PDF
EPUB

obligations

of bonds.

council, to issue and sell bonds in the name, and behalf and upon the credit of said city in an amount not exceeding in the aggregate the sum of eighty thousand dollars, par value, for the purpose of reimbursing the current fund to make up deficiencies that have accrued from year to year through failure to realize all of the estimated income contained in annual budgets, which deficiencies Deficiencies are hereby declared to be valid and subsisting obligations of the valid city of Dunkirk and the said city is hereby authorized to deposit of city. the proceeds of the sale of said bonds to the credit of said current Proceeds fund.

§ 2. The bonds issued under and pursuant to the provisions of Bonds; this act shall be of the denomination of one thousand dollars each tion, in the name and under the seal of said city and shall be sold for interest, not less than par and shall draw interest not to exceed the sum of five per centum per annum, which interest shall be payable semiannually. They shall be payable in such installments and at such times, within ten years from their date, as the common council shall determine. The principal of said bonds and interest thereon, shall be payable at the office of the city treasurer of said city. Such bonds shall be numbered consecutively from one to the highest number issued and shall be designatd as “deficiency bonds, nineteen hundred and twenty-five, " and in such form as the common council shall prescribe. They shall contain a recital that they are no recite issued in conformity to the provisions of this act, which recital shall «ffect of be conclusive evidence of their validity and of the regularity of recital. their issue. Said bonds shall be a general lien on all property in Lien. the city of Dunkirk.

§ 3. The city treasurer, under the direction of the common Bonds ; council, shall invite sealed proposals for the sale of such bonds, by of sale. public advertisement. The notice shall contain a description of the bonds, their date, rate of interest, when payable, which notice shall be published in the official paper of the city once a week for two weeks and in such other paper or papers as the common council may direct. Each bid shall be accompanied by certified check for five per centum of the bid, to be forfeited to the city of Dunkirk if the party or parties to whom the bonds may be awarded shall fail to pay for same in accordance with the terms of the sale. The city of Dunkirk shall reserve the right to reject any or all bids. The city treasurer of said city shall keep a record in his office of Bonds; the number of each bond, its date, amount, rate of interest, when payable and name or names of the purchaser or purchasers thereof.

§ 4. The common council of said city in making up its annual Bonds; budgets shall include therein an amount sufficient to pay the prin- in budgets cipal and interest of such bonds as they shall become due and until foren paya such bonds and interest thereon shall be fully paid, which amount shall not be subject to the limitations contained in section one hundred and seventy-one of the city charter of the city of Dunkirk. Said amounts so included in said budgets shall be collected by tax Tas the same as the current expenses of said city are collected.

§ 5. This act shall take effect immediately.

record.

[ocr errors][ocr errors][ocr errors]

L. 1914,
ch. 369,
$ 247,
subd. 1
amended.

[ocr errors][ocr errors]

laws,'

Restrictions

CHAPTER 82
AN ACT to amend the banking law, in relation to deposits in savings banks.
Became a law March 9, 1925, with the approval of the Governor. Passed,

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

Section 1. Subdivision one of section two hundred and forty. seven of chapter three hundred and sixty-nine of the laws of nineteen hundred and fourteen, entitled “An act in relation to banking corporations, and individuals, partnerships, unincorporated associations and corporations under the supervision of the banking department, constituting chapter two of the consolidated

as amended by chapter one hundred and sixty-seven of the laws of nineteen hundred and twenty, is hereby amended to read as follows:

1. The aggregate amount of deposits to the credit of any indion amount vidual at any time, including in such aggregate all deposits credof deposits. ited to him as trustee or beneficiary of a voluntary and revokable

trust and all deposits credited to him and another or others in either joint or several form, shall not exceed five thousand dol. lars, exclusive of dividends, and exclusive also of deposits arising from judicial sales or trust funds standing in his name as executor, administrator or trustee named in a will or appointed by a court of competent jurisdiction, provided a certified copy of the will, judgment, order or decree of the court authorizing such deposits or appointing such executor, administrator or trustee is filed with the savings bank; and exclusive, also, of trust funds and deposits credited to an individual and another or others in either joint or several form, received and credited by the savings bank prior to July first, nineteen hundred and thirteen. Additional accounts may, however, be maintained in the name of a parent as trustee for a dependent or minor child and in the name of a child as trustee for a dependent parent, 'but in no event shall any such account exceed five thousand dollars exclusive of dividends.

§ 2. This act shall take effect immediately.

[ocr errors]

CHAPTER 83
AN ACT to authorize George Salter to file a claim against the town of

Brookhaven, or the town of Riverhead, Suffolk county, for injuries received

by him as a volunteer fireman. Became a law March 9, 1925, with the approval of the Governor. Passed,

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

Section 1. George Salter of the town of Riverhead, county of Suffolk, is hereby authorized to file, within thirty days after this

1 Remainder of sentence formerly read: “provided, however, that not more than two hundred and fifty dollars shall be deposited to any such account during any six months' period."

[ocr errors][ocr errors]

act takes effect, with the town clerk of the town of Brookhaven, or with the town clerk of the town of Riverhead, Suffolk county, or with both of such clerks, notice of claim on account of injuries received by him as a volunteer fireman on March twenty-third, nineteen hundred and twenty-four, notwithstanding his failure to serve written notice of such claim within thirty days after receiving such injuries, as required by section two hundred and five of the general municipal law, and thereupon such claim shall be of the same force and effect as if the same had been duly served on the town clerk of such town or towns within the time required by subdivision three of section two hundred and five of the general municipal law.

§ 2. This act shall take effect immediately.

[ocr errors][ocr errors]

CHAPTER 84

[ocr errors][ocr errors]

1920-1922,

AN ACT for the relief of the towns of Bethel, Callicoon, Cohecton, Delaware,

Fallsburgh, Forestburg, Fremont, Highland, Liberty, Lumberland, Ma-
makating, Neversink, Rockland, Thompson and Tusten, in the county of

Sullivan.
Became a law March 9, 1925, with the approval of the Governor. Passed,

three-fifths being present.
The People of the State of New York, represented in Senate and Assemblij,
do enact as follows:

Section 1. The supervisors of the towns of Bethel, Callicoon, Accounts Cohecton, Delaware, Fallsburgh, Forestburg, Fremont, Highland, of unpaid Liberty, Lumberland, Mamakating, Neversink, Rockland, Thompson and Tusten, in the county of Sullivan, shall cause to be made correct accounts of the unpaid taxes of the years nineteen hundred and twenty, nineteen hundred and twenty-one and nineteen hundred and twenty-two upon the lands of residents, nonresidents and corporations, or upon their personal property, in such towns, which should have been returned to the comptroller, or reassessed, or the collection thereof otherwise provided for pursuant to the provisions of the statutes in such cases made and provided, and shall add to the assessment-rolls of their respective towns for the to be year nineteen hundred and twenty-five, such of said taxes as have not heretofore been admitted, or paid by the comptroller, qora :9255 reassessed or collected as otherwise now provided by law, describing them thereon as relevied taxes of such years.

§ 2. The board of supervisors of the county of Sullivan shall Reassesscause to be reassessed and levied upon the lots and parcels of lands described in such account and upon the corporations and individuals therein designated the taxes so added by the supervisors of said towns respectively, and shall direct the collection thereof, and any of such taxes which shall not have been paid to the town collector, shall be returned by him to the county treasurer, and by said treasurer to the comptroller or otherwise disposed of according to the provisions of the statute in such

added to assess

ment and collection,

case made and provided as though they were the taxes originally
levied for the years nineteen hundred and twenty, nineteen hun-
dred and twenty-one and nineteen hundred and twenty-two against
the lands, corporations and persons affected.

§ 3. This act shall take effect immediately.

[ocr errors][merged small]

AN ACT to amend the town law, in relation to borrowing money to pay

accounts audited and allowed.

"

L, 1909, ch. 63, $ 141 amended.

[ocr errors]

Became a law March 9, 1925, with the approval of the Governor. Passed,

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

Section 1. Section one hundred and forty-one of chapter sixty-
three of the laws of nineteen hundred and nine, entitled “An act
relating to towns, constituting chapter sixty-two of the consoli-
dated laws," as last amended by chapter ninety-two of the laws
of nineteen hundred and nineteen, is hereby amended to read as
follows:

$ 141. Power of town board, in certain towns, to borrow money for the purpose of paying charges, claims or demands against the town. Whenever a town board or board of town auditors of any town? shall have audited any account, and shall have allowed in whole or in part any charge, claim or demand against such town, and shall have made and filed a certificate to that effect in the office of the town clerk, and such account shall thereby have become a legal obligation and charge against such town, the town board, in anticipation of the taxes for the current fiscal year, shall have power to borrow upon the faith and credit of the town a sum of money sufficient to pay the aggregate amount of the accounts so audited and allowed at any one of the regular meetings held for that purpose, by issuing a temporary certificate or temporary certificates of indebtedness therefor, bearing interest and payable at such date or dates as may be fixed by such town board, but not for a longer period than sixteen months; and the proceeds of such loan shall be placed to the credit of the public officers charged by law with the payment of town claims.

§ 2. This act shall take effect immediately.

[merged small][merged small][ocr errors]

1 Added by L. 1912, ch. 258. Previously amended by L. 1916, ch. 81.
: Words “, having a population of two thousand and upwards," omitted.

10. subd. 34 amended.

[ocr errors][merged small][ocr errors]
[ocr errors]

AN ACT to amend the education law, in relation to the compensation of

collector in union free school districts.
Became a law March 9, 1925, with the approval of the Governor. Passed,

three-fifths being present.
The People of the State of Nero York, represented in Senate and Assembly,
do enact as follows:

[ocr errors]

subd. 4 amended.

union free

Section 1. Subdivision four of section two hundred and fifty-four L. 1909, of chapter twenty-one of the laws of nineteen hundred and nine, (revision entitled “An act relating to education, constituting chapter six- cf. 4140910, teen of the consolidated laws," such chapter having been amended $ 254, by chapter one hundred and forty of the laws of nineteen hundred and ten, and such subdivision having been last amended by chapter three hundred and twenty-eight of the laws of nineteen hundred and twenty-two, is hereby amended to read as follows:

4. Said board of education in every union free school district Treasurer whose limits do not correspond with those of an incorporated vil lector in lage or city shall appoint a district treasurer, and a collector who certain shall hold office during the pleasure of the board. The board shall school also fix the compensation of the treasurer. ?The board of education of such district may also fix the compensation of the collector, which shall be in lieu of all fees or other charges to which a school district collector might be entitled, under the provisions of this chapter; and thereafter all fees or other charges collected by such collector upon school taxes or assessments under the provisions of this chapter shall belong to the school district and shall be paid into the school district funds. The board may designate a bank, banks or banker for the deposit of all moneys received by the treasurer and may require of any such banks or banker security for the repayment thereof. It may require a report by the cashier of such bank, banks or banker to be submitted at any regular meeting of the board of the amount of deposit to the credit of the treasurer.

§ 2. This act shall take effect immediately.

districts; deposi. tories,

CHAPTER 87
AN ACT to amend the conservation law, in relation to cooperation with

the United States government.
Became a law March 9, 1925, with the approval of the Governor. Passed,

three-fifths being present.
The People of the State of New York, represented in Senate and Assembly,
do enact as follows:
Section 1. Subdivision thirty-four of section fifty of chapter six L. 1911,

ch. 647, hundred and forty-seven of the laws of nineteen hundred and

$ 50, 1 Previously amended by L. 1922, ch. 314. 2 Following sentence new.

« PreviousContinue »