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company may hold.

such stock as collateral security, shall be personally subject to any liability as stockholder of such company ; but the person pledging such stock shall be considered as holding the same, and shall be liable as a stockholder accordingly; and the estates and funds in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner and to the same extent as the testator or intestate or the ward or person interested in such trust fund would have been if he had been living and competent to act and hold the stock in his own name.

S 12. The directors of every company formed under this Vote act may, by a vote of two-thirds of their whole number, at to alter of any time alter or extend the route or routes designated in the routes articles of association.

$ 13. Every corporation formed under this act shall, in addition to the powers conferred on corporations in the third title of the eighteenth chapter of the first part of the Revised Statutes, have power:

1. To purchase, hold and use all such real estate and other Real estate property as may be necessary for the establishment and main-property tenance of its business, and the building and other accommodations necessary to accomplish the object of its incorpotion, and for the mechanical operations required in connection with said business.

2. To take and convey persons and property in stages or Power of omnibuses, and to provide and run the necessary stages or to carry omnibuses upon their route or routes for the public use, and fun stages, to receive compensation therefor, upon acquiring authority money, etc to operate such route or routes as herein provided.

3. To erect and maintain all necessary and convenient buildings, fixtures and machinery for the accommodation and use of their passengers and business.

4. From time to time to borrow such sums of money as may be necessary for starting and equipping their lines and operating the same, and to issue and dispose of their bonds for any amount so borrowed, and to mortgage their corporate property and franchises to secure the payment of any debt contracted by the company for the purposes aforesaid ; and the directors of the company may confer on any holder of any bond issued for money borrowed as aforesaid the right to convert the principal due or owing thereon into stock of said company, under such regulations as shall be prescribed by the articles of association or by-laws.

$ 14. It shall be lawful for the said directors of any company established in pursuance of this act to receive from the subscribers to the articles of association, in lieu of cash, property of a description suitable to be used in the business of the company, at a valuation to be agreed upon.

CONCURRENT RESOLUTION ratifying an amend

ment to the Constitution of the United States. WHEREAS, At a session of the thirty-ninth congress, it was resolved by the senate and house of representatives of the United States of America, in congress assembled, two-thirds of both houses concurring, that the following article be proposed to the legislatures of the several states as an amendment to the constitution of the United States, which, when ratified by three-fourths of said legislatures, shall be valid to all intents and purposes as a part of the said constitution, viz. :

ARTICLE XIV. SECTION 1. All persons born or naturalized in the Uvited States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside. No state shall make or enforce any law which shall abridge the privileges or immunities of citizens of the Uvited States; por shall any state deprive any person of life, liberty or property without due process of law, nor deny to any person within its jurisdiction the equal protection of the laws.

$ 2. Representatives shall be apportioned among the several states according to their respective numbers, counting the whole number of persons in each state, excluding Indians not taxed. But when the right to vote at any election for the choice of electors for president and vice-president of the United States, representatives in congress, the executive or judicial officers of a state, or the members of the legislature thereof, is denied to any of the male inhabitants of such state, being twenty-one years of age and citizens of the United States, or in any way abridged, except for participation in rebellion or other crime, the basis of representation therein shall be reduced in the proportion which the number of such male citizens shall bear to the whole number of male citizens twenty-one years of age in such state.

S 3. No person shall be a senator or representative in congress, or elector of president and vice-president, or hold auy office, civil or military, under the United States, or under any state, who, having previously taken au oath, as a member of congress, or as an officer of the United States, or as a member of any state legislature, or as an executive or judicial officer of any state, to support the constitution of the United States, shall have engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof. But congress may, by a vote of two-thirds of each house, remove such disability.

S 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection

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or rebellion, shall not be questioned. But neither the United States nor any state shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

$ 5. The congress shall have power to enforce, by appropriate legislation, the provisions of this article.

Therefore, Resolved (if the assembly concur), That the said proposed amendment to the constitution of the United States be, and the same is, hereby ratified by the legislature of the state of New York.

STATE OF NEW YORK,

IN SETATE,Fanuary 30, 1867.}

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The foregoing resolution was duly passed.

By order of the Senate.

JAS. TERWILLIGER, Clerk.

STATE OF NEW YORK,

IN ASSEMBLY, January 10th, 1867.
The foregoing resolution was duly passed.

By order of the Assembly.

LUTHER CALDWELL, Clerk.

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CONCURRENT RESOLUTION authorizing the Gov

ernor to confer Brevet Commission in certain cases. Resolred (if the senate concur), That the governor be and he is hereby authorized to confer on any officer of the national guard of the state of New York, who has been honorably discharged from the military service of the United States, a brevet commission corresponding in rank to the commission of highest grade which such oflicer may have received from the president of the United States or from the governor of this state.

STATE OF NEW YORK,

IN ASSEMBLY, March 13th, 1867.) The foregoing resolution was duly passed.

By order of the Assembly.

LUTHER CALDWELL, Clerk.

STATE OF NEW YORK,

IN SENATE, April 17th, 1867. The foregoing resolution was duly concurred in.

By order of the Senate.

JAS. TERWILLIGER Clerk.

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CONCURRENT RESOLUTION for examination into

affairs of Savings Banks. WHEREAS, The large and rapidly-increasing sums on deposit in the savings banks of this state render it an object of special importance that these investments should be properly secured, and the control and management of the institutions holding this trust should be carefully guarded by clear, consistent and uniform provisions of law;

AND WHEREAS, The report of the superintendent of the banking department relative to savings banks discloses many defects and many conflicting and incongruous provisions in existing laws relating to these institutions; therefore,

Resolved (if the assembly concur), That the superintendent of the banking department be and he is hereby authorized and directed to revise and consolidate the laws relating to savings banks and institutions for savings in this state, with such amendments thereto as he may deem important, and report the same in the form of one complete and general act, together with such facts and suggestions in relation thereto as he may find it desirable and expedient to communicate to the legislature at the commencement of its annual session in eighteen hundred and sixty-eight. And for the purpose of enabling him more thoroughly and intelligently to perform the duty hereby imposed, he is further authorized and empowered, and it shall be his duty, to make, himself, or cause to be made by his deputy, an examination of such and so many of the savings banks and institutions for savings in this state as he shall find it necessary or expedient to visit and examine ; and he shall possess all the authority in relation to such examination of savings banks and institutions for savings as is now conferred upon him in regard to banks of issue and deposit, by chapter two hundred and forty-two of the laws of eighteen hundred and fifty-four. The expenses of such examination shall be audited by the superintendent and paid from and charged to the savings banks' expense account, and shall be assessed upon the savings banks and institutions for savings in this state, and collected in the same manner as is now provided by law for other expenses of these institutions.

STATE OF NEW YORK,

IN SENATE, April 16th, 1867. The foregoing resolution was duly passed.

By order of the Senate.

JAS. TERWILLIGER, Clerk.

STATE OF NEW YORK,

IN ASSEMBLY, April 20th, 1867.) The foregoing resolution was duly passed.

By order of the Assembly.

LUTHER CALDWELL, Clerk.

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TITLES

OF ALL THE

LAWS OF THE STATE OF NEW YORK,

PASSED AT THE

NINETY-FIRST SESSION OF THE LEGISLATURE.

1868.

[The titles of the acts which are included in this compilation are in this list printed in italics.] Chap. 1. An Act to authorize the Shipman Spring and Axle Company to mortgage its

property. Passed January 9, 1868. Chap. 2. An Act to authorize the electors of school district number seven of the towns of

Ridgeway and Shelby, Orleans county, to elect trustees. Passed January 18, 1868;

three-fifths being present. CHAP. 3. An Act to amend an act entitled "An act to amend and consolidate the several acts

relating to the preservation of moose, wild deer, birds and fresh water fish," passed May

thirteenth, eighteen hundred and sixty-seven. Passed January 24, 1868.
Chap. 4. An Act to change the name of the “Evening Telegraph Association.” Passed

January 24, 1868.
CHAP. 5. An Act authorizing the Fire Department of the village of Delhi to purchase, hold

and convey real and personal estate. Passed January 31, 1868; three-fifths being present. CHAP. 6. An act to authorize the extension of the time for the collection of caxes in the

several towns and cities of this State. Passed February 3, 1868; three-fifths being

present. Chap. 7. An Act to amend chapter three hundred and ninety-four of the Laws of eighteen

hundred and fifty-nine, entitled "An act to amend the poor laws of the county of Her

kimer. Passed February 3, 1868; three-fifths being present. CRAP. 8. An act to anthorize the Board of Education of Union Free School district number

two, of the town of New Lots, to raise money for the purchase of a site and the erection

of a new school-house thereon. Passed February 3, 1868; three-fifths being present. Chap. 9. An Act to fix the place of holding Circuit Courts and Courts of Oyer and Termi

ner in the county of Westchester, for the years eighteen hundred and sixty-eight and

eighteen hundred and sixty-nine. Passed February 3, 1868. CHAP. 10. An Act explanatory of chapter five hundred and seventy-eight of the Laws of eight

een hundred and sirty-six, entitled " An act to regulate the sale of intoxicating liquors within the Metropolitan Police District of the State of New York. Passed February 7, 1868; threefifths being present. CHAP. 11. An Act to provide for the election of an additional Justice of the Peace in the

city of Syracuse. Passed February 15, 1868; three-fifths being present. CHAP. 12. An Act to legalize certain bonds of the village of Watkins, in the county of

Schuyler, and to provide for the payment of the same. Passed February 28, 1868; three-fifths being present.

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