Thirty-fourth district. The counties of Genesee, Livingston, Niagara, Orleans and Wyoming shall compose the thirty-fourth district. Thirty-fifth district. The first, second, third, fourth, fifth, sixth, seventh, eighth, ninth, tenth, eleventh, twelfth, thirteenth, fourteenth, fifteenth, sixteenth and eighteenth wards of the city of Buffalo as now constituted shall compose the thirty-fifth district. Thirty-sixth district.-The seventeenth, nineteenth, twentieth, twenty-first, twenty-second, twenty-third, twenty-fourth and twenty-fifth wards of the city of Buffalo as now constituted and the seventh and eighth assembly districts of the county of Erie shall compose the thirty-sixth district. Thirty-seventh district. The counties of Allegany, Cattaraugus and Chautauqua shall compose the thirty-seventh district. § 2. The words assembly district when used in this act refer to assembly districts as at present constituted. Whenever the word ward or wards is used in this act it shall be understood to refer to the ward or wards as constituted at the time of the passage of this act. §3. This act shall take effect immediately. Chap. 592. AN ACT to amend subsection five of section thirty-four of the university law on powers of trustees of institutions in the university. Became a law, April 27, 1901, with the approval of the Governor. Passed, a majority being present. The People of the State of New York, represented in Senate and Assembly, do enact as follows: Section 1. Article one, subsection five of section thirty-four of chapter three hundred and seventy-eight of the laws of eighteen hundred and ninety-two is hereby amended to read as follows: 5. Property holding.-Take and hold by gift, grant, devise or bequest in their own right or in trust for any purpose comprised in the objects of the corporation, such additional real and personal property beyond such as shall be authorized by their charter or by special or general statute, as the regents shall authorize within one year after the delivery of the instrument or probate of the will, giving, granting, devising or bequeathing such property and such authority given by the regents shall make any such gift, grant, devise or bequest operative and valid in law. Any grant, devise or bequest made for the benefit of any institution in or registered by the university shall be equally valid whether made in the corporate name or to the trustees of the corporation and the powers given to the trustees by this section thirty-four shall be construed to be the powers of the corporation exercised through its trustees. § 2. This act shall take effect immediately. Chap. 593. AN ACT to amend the village law in relation to general powers of the board of trustees. Became a law, April 27, 1901, 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 eighty-eight of chapter four hundred and fourteen of the laws of eighteen hundred and ninety-seven, entitled "An act in relation to villages constituting chapter twentyone of the general laws," is hereby amended by adding at the end thereof a subdivision to be known as subdivision twenty-four and to read as follows: 24. Fire protection. To make contracts for fire protection, and extinguishment of fires, with a fire department in an adjoining unincorporated village for a term of years not to exceed ten. § 2. This act shall take effect immediately. Act amended. Consolidation of library corporations. of consoli dation. Chap. 594. AN ACT to amend chapter five hundred and forty-one of the Became a law, April 27, 1901, with the approval of the Governor. Passed, The People of the State of New York, represented in Senate and Section 1. Section one of chapter five hundred and forty-one § 1. Any corporations heretofore or hereafter organized under any general or special laws of this state as a library company, or for the purpose of carrying on any library in the city of New York may be consolidated with any other corporation or corporations, organized for the same or similar purposes under any general or special law of this state, into a single corporation Agreement in manner following: The respective boards of directors or trus tees of the said corporations may enter into and make an agree ment for the consolidation of the said corporations, prescribing the terms and conditions thereof, the mode of carrying the same into effect, the name of the new corporation, the number of trus tees thereof, not less than five or more than twenty-five and the names of the trustees who shall manage the concerns of the new corporation for the first year, and until others shall be elected in their places. If either of the corporations so consolidating shall be a stock company, then the said agreement may either provide that the new corporation shall have no stock or may prescribe the amount of capital of the new corporation, the number of shares of stock into which the same is to be divided which capital shall not be larger in amount than the fair aggregate value of the property, franchises and rights, of the several corporations thus to be consolidated, and the manner of distributing Capital stock, such capital among such consolidated corporations, or the holders § 2. Section two of said act as amended by chapter two hun- Ratification of agree. ment. § 2. If any such corporation so consolidating shall have no members or stockholders, other than its directors or trustees, said agreement of its directors or trustees shall be deemed to be the agreement of such corporation. If any such corporation so consolidating shall have members or stockholders other than its directors or trustees, said agreement of its directors or trustees shall not be deemed to be the agreement of such corporation until the same shall have been ratified by a vote of at least two-thirds of the members or two-thirds in interest of the stockholders present and voting in person or by proxy at a meeting of the members or stockholders of such corporation to be called upon a notice of at least thirty days, specifying the time, place and object of such meeting, mailed post-paid to each member or stockholder whose place of residence is known to the secretary and published at least once in each week for four successive weeks in a newspaper published in the city of New York. A sworn copy of the proceedings of any such meeting made by the secretary of the corporation holding the same, and attached to said agreement shall be evidence of the holding and of the action of such meeting in the premises. If any stockholder or member Appraisal shall, at said meeting of the stockholders or members, or within objecting twenty days thereafter, object to the said consolidation and de- members mand payment for his stock or interest in such corporation, such stockholder or member or said new corporation if consolidation take effect at any time thereafter, may apply at any time within sixty days after such meeting of the stockholders or members to the supreme court at any special term thereof, held in the county or counties in which said libraries or either of them may be upon at least eight days' notice to the corporation, for the appointment of three persons to appraise the value of his said stock or interest, and said court shall appoint three such appraisers and shall designate the time and place of the first meeting of such appraisers, and give such directions in regard to their proceedings on said appraisement as shall be deemed of stock of stock holders or proper, and shall also direct the manner in which payment for such stock shall be made to such stockholder or member. The court may fill any vacancies in the board of appraisers occurring by refusal or neglect to serve or otherwise. The appraisers shall meet at the time and place designated, and they or any two of them, after being duly sworn honestly and faithfully to discharge their duties, shall estimate and certify the value of such stock or interest at the time of such dissent as aforesaid, and deliver one copy of their appraisal to the said new corporation, and another to the said stockholder or member if demanded; the charges and expenses of the appraisers shall be paid by the new corporaDisposal of tion. When the new corporation shall have paid the amount of the appraisal as directed by the court, such stockholder or member shall cease to have any interest in the said stock and in the corporate property of the said corporation, and the said stock or interest may be held or disposed of by the said new corporation. stock upon payment. Merger of corporations into new cor poration. § 3. Section three of said act as amended by chapter two hundred and nine of the laws of eighteen hundred and ninety-five, is hereby amended to read as follows: § 3. Upon the making of the said agreement, as herein before provided, and the filing of the duplicates or counterparts thereof, in the office of the clerk or clerks of the county or counties in which said libraries may be and in the office of the secretary of state, and in the case of any corporations having members or stockholders other than their directors or trustees, upon the ratification of said agreement in the manner above provided, and the filing with said agreement of a verified copy of the proceedings of the meetings of the members or stockholders required by the preceding, section, then and immediately thereafter, the said corporations whose boards of directors or trustees shall have united in said agreement shall be merged and consolidated into the new corporation provided for in the said agreement, to be known by the corporate name therein mentioned, and the details of such agreement shall be carried into effect as provided therein. § 4. This act shall take effect immediately. |