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ing when completed shall be under the management and control of the trustees of such village in the same manner as other village property.

§ 4. This act shall take effect immediately.

Chap. 343.

AN ACT permitting the University of the state of New York to waive certain examinations.

Became a law, April 12, 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:

Walving of thorized.

examinations au

Section 1. The University of the state of New York, may in its discretion waive the examination of any person possessing the qualifications mentioned in any law requiring it or its predecessor the regents of the University of the state of New York to make rules for the examination of persons applying for certificates under such law and grant such certificates without examination, or certi if such person possessed such qualifications at the time such law took effect and shall apply in writing for such certificate prior to September first, nineteen hundred and one.

Granting

cates.

§ 2. Nothing in this act contained shall be construed to apply Proviso. in any way to any certificate required under any law as a preliminary prerequisite to the practice of law or medicine, or dentistry or veterinary medicine.

3. This act shall take effect immediately.

Act amended,

Fees and
salary
of sherif

Chap. 344.

AN ACT to amend chapter two hundred eighteen of the laws of eighteen hundred eighty-four, entitled "An act to regulate the commitment and discharge of certain prisoners, tramps and vagrants in Albany county, and to prescribe the effect thereof, to provide for the support of the prisoners in the jail in the city of Albany and to fix the duties and compensation of the sheriff of said county and of certain employes in the jail in said city," and the acts amendatory thereof, in respect to the salaries of sheriff and under-sheriff.

Became a law, April 15, 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 one of chapter two hundred eighteen of the laws of eighteen hundred eighty-four entitled "An act to regulate the commitment and discharge of certain prisoners, tramps and vagrants in Albany county, and to prescribe the effect thereof, to provide for the support of the prisoners in the jail in the city of Albany and to fix the duties and compensation of the sheriff of said county and of certain employes in the jail in said city" as amended by chapter five hundred ninety-eight of the laws of eighteen hundred eighty-six and by chapter twenty of the laws of eighteen hundred ninety-seven, is hereby amended to read as follows:

§ 1. The sheriff of Albany county shall receive his fees and perquisites in all civil cases in which the same are to be paid by private persons, and in addition thereto he shall receive an annual salary of four thousand dollars, to be paid quarterly by the treasurer of Albany county, in full of all fees or other compensation from the county of Albany, and he shall not receive from the county of Albany any fees, compensation or perquisites of any kind or nature whatsoever, excepting only his aforesaid Payment of salary, from which he shall pay all such assistants other than those whose salaries are herein specifically provided for, as shall be proper to enable him to conveniently exercise the duties of his office, and in consideration of which he shall do and perform all duties now, or which may hereafter be, imposed upon

assistans.

Disburse

travel, etc.

him by law, without fee or reward from the county of Albany, although the statute or law imposing such duty may provide that a fee or other compensation be paid therefor, but he shall be entitled to his actual disbursements for travel, lodging and ments for food incurred while attending to the transportation of juvenile delinquents, and any other person whom he is required by law to transport where the cost of such transportation is made by law a county charge, but such disbursements in no one case shall be allowed at a sum in excess of fifteen dollars if but one be so transported, and for each additional one transported at the same time the sum of eight dollars. The aforesaid disbursements shall be fixed, allowed, audited and paid by the county treasurer of Albany county, when bills therefor shall be presented by the sheriff in the form and with the verification required by law in the case of claims presented to the board of supervisors of Albany county. The sheriff shall receive from Jallor. the county treasurer, and be allowed for a jailor, to be employed in the jail in the city of Albany, the sum of one thousand and eighty dollars a year, to be paid in monthly payments. The said jailor shall, in addition to his other duties, to be prescribed by the sheriff, keep under the supervision and direction of said sheriff, the jailor's docket of prisoners hereinafter mentioned. Said jailor shall reside in the dwelling-house connected with the jail, which shall be kept in suitable repair by the county of Albany, but which shall not be furnished by the county; nor shall the sheriff's or jailor's office be furnished by or at the expense of the county of Albany. The sheriff shall also receive Clerk, from the county treasurer and be allowed for an under sheriff, the sum of one thousand dollars a year; for a clerk, the sum of one thousand dollars a year; for a day watchman at the jail, the sum of eight hundred dollars a year; and for a night watchman at the jail, the sum of eight hundred dollars a year; and for a cook and other servant, together, the sum of five hundred dollars a year; which sums shall be paid in monthly payments. § 2. This act shall take effect immediately.

watchman and serv

ants.

Chap. 345.

AN ACT giving to the Catskill public library power to acquire and to hold and dispose of such real and personal property as the purposes of the corporation shall require, and to legalize, validate and confirm gifts, grants, devises and bequests heretofore made to it in its corporate name.

Became a law, April 15, 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. The Catskill public library, a corporation organized under the university law of the state of New York, shall have power in its corporate name to acquire by gift, grant, purchase, devise or bequest, and to hold and dispose of such property real or personal as the purposes of the corporation shall require, subject to such limitations as may be provided by law; and all gifts, grants, devises and bequests that have heretofore been made to said corporation in its corporate name, are hereby legalized, validated and confirmed.

§ 2. This act shall take effect immediately.

Chap. 346.

AN ACT to amend the insurance law, in relation to the valuation of policies.

Became a law, April 15, 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. Section eighty-four of chapter six hundred and ninety of the laws of eighteen hundred and ninety-two, entitled "An act in relation to insurance corporations, constituting chapter thirty-eight of the general laws," as amended by chapter one hundred and forty-seven of the laws of eighteen hundred and ninety-three is hereby amended to read as follows:

§ 84. Valuation of policies.-The superintendent of insurance shall annually make valuations of all outstanding policies, additions thereto, unpaid dividends, and all other obligations of every life insurance corporation doing business in this state.

All valuations made by him or by his authority shall be made upon the net premium basis, according to the standard of valuation adopted by the company for the obligation to be valued; provided, that in every case the standard of valuation employed shall be stated in his annual report. Any company may adopt different standards for obligations of different dates or classes, but if the total value determined by any such standard for the obligations for which it has been adopted shall be less than that determined by the legal minimum standard hereinafter prescribed, or if the company adopt no standard, said legal minimum standard shall be used. The legal minimum standard for contracts issued before the first day of January, nineteen hundred and one, shall be the actu aries' or combined experience table of mortality with interest at four per centum per annum, and for contracts issued on or after said day shall be the American experience table of mortality with interest at three and one-half per centum per annum. The superintendent may vary the standards of interest and mortality in the case of corporations from foreign countries, and in particular cases of invalid lives and other extra hazards, and value policies in groups, use approximate averages for fractions of a year and otherwise, and calculate values by net premiums or otherwise and accept the valuation of the department of insurance of any other state in place of the valuation herein required if the insurance officer of such state accepts as sufficient and valid for all purposes the certificate of valuation of the superintendent of insurance of this state.

§ 2. This act shall take effect immediately.

Chap. 347.

AN ACT to provide for the extraordinary repair and improvement of existing mechanical and other structures and works on and connected with the canals of this state.

Became a law, April 15, 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:

ation.

Section 1. The sum of three hundred and twenty-five thousand Appropri dollars, or so much thereof as may be necessary, is hereby appro

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