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the sum of one thousand dollars each, with interest coupons attached; the interest thereon shall be at the rate of three and a half per centum per annum, payable semi-annually, and the principal and interest shall be payable at the office of the city treasurer of said city. The principal of such bonds shall be payable as follows: Six thousand dollars in the year nineteen hundred and two; nine thousand dollars in the year nineteen hundred and three; and twenty-two thousand dollars in each of the seven succeeding years.

§ 3. Said bonds shall be issued pursuant to a resolution of the common council of said city approved by the mayor thereof, and shall be sold at public auction, at not less than par, upon ten days notice of sale, published in the official newspapers of said city and such other notice as the common council may deem proper to give. The proceeds thereof shall be paid over to the city treasurer and by him paid out and used only for the purpose of paying the bonds falling due as mentioned in the first section of this act.

§ 4. The common council of the said city shall raise, levy and assess upon the real and personal property of said city the amounts necessary to pay the principal and interest of said bonds. as they mature.

§ 5. This act shall take effect immediately.

Chap. 5.

AN ACT legalizing the action of the board of supervisors of the
county of Seneca in changing the time of holding town meet-
ings

Became a law, January 31, 1901, with the approval of the Governor.
Passed, by a two-thirds vote.

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

Section 1. The acts, resolutions and proceedings of the board of supervisors of the county of Seneca, under the authority conferred by chapter three hundred and seventy-four of the laws of nineteen hundred, changing the time of holding town meetings in such county to the first Tuesday after the first Monday in November, are hereby legalized, ratified and confirmed, and in

such county town meetings shall be held in the year nineteen hundred and one on that day only.

§ 2. This act shall take effect immediately.

Chap. 6.

AN ACT to amend chapter one hundred of the laws of nineteen
hundred, entitled "An act to authorize the executors and trus-
tees under the last wills and testaments of Bradish Johnson,
the elder, of Helena J. Parsons, of Effingham L. Johnson, and
of Cuthbert S. Johnson, and the persons or corporations or the
chamberlain of the city of New York, who may be appointed
as custodians or otherwise to receive and hold, under the pro-
visions of the last will and testament of Margaret L. Whitney,
the proceeds of the sale of the real estate of which she died
seized, and the guardian of Stephen Whitney, the younger, to
severally invest the principal of the estates held by them in
either the capital stock or bonds, or in both the capital stock
and bonds of the 'estate of Bradish Johnson,' a corporation,"
relative to the authority of the guardians of Evelyn K. Parsons
et al.

Became a law, February 5, 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:

Act

Section 1. Section one of chapter one hundred of the laws of amended nineteen hundred, entitled "An act to authorize the executors and trustees under the last wills and testaments of Bradish Johnson, the elder, of Helena J. Parsons, of Effingham L. Johnson, and of Cuthbert S. Johnson, and the persons or corporations or the chamberlain of the city of New York, who may be appointed as custodians or otherwise to receive and hold, under the provisions of the last will and testament of Margaret L. Whitney, the proceeds of the sale of the real estate of which she died seized, and the guardian of Stephen Whitney, the younger, to severally invest the principal of the estates held by them in either the capital stock or bonds, or in both the capital stock and bonds of the estate of Bradish Johnson,' a corporation," is hereby amended to read as follows:

Investment

of principal of estates.

§ 1. The executors and trustees under the last wills and testaments of Bradish Johnson, the elder, of Helena J. Parsons, of Effingham L. Johnson, and of Cuthbert S. Johnson, and the persons or corporations or the chamberlain of the city of New York, who may be appointed as custodians or otherwise, to receive and hold, under the provisions of the last will and testament of Margaret L. Whitney, the proceeds of the sale of the real estate of which she died seized, and the guardian or guardians of Stephen Whitney, the younger, of Evelyn K. Parsons, of Schuyler L. Parsons, the younger, and of Amy B. Johnson, and their several and respective successors, are hereby authorized to invest the principal of the estates held by them, being the proceeds of the sale of either real estate or personal property, in either the capital stock or bonds, or in both the capital stock and bonds of the estate of Bradish Johnson, a corporation, incorporated and existing under the laws of the state of New York, provided the said corporation shall not be allowed to invest in any stocks, bonds or other securities, other than real estate, which are not, under the laws of this state, a proper subject for the investment of trust funds.

§ 2. This act shall take effect immediately.

Chap. 7.

AN ACT to amend the village law, in relation to the number of
trustees in a village of the fourth class.

Became a law, February 5, 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 forty-four of chapter four hundred and fourteen of the laws of eighteen hundred and ninety-seven, entitled "An act in relation to villages, constituting chapter twenty-one of the general laws," is hereby amended to read as follows:

§ 44. Number of trustees.-Villages in the several classes shall elect trustees as follows:

1. In the first class, not less than two nor more than eight. 2. In the second class, not less than two nor more than six.

3. In the third or fourth class, two or four.

Each village shall always have an even number of trustees.

§ 2. This act shall take effect immediately.

Chap. 8.

AN ACT to amend chapter eighty-one of the laws of eighteen hundred and ninety-five, entitled, "An act to authorize the city of Binghamton to borrow money to meet temporary deficiencies in its current fund, and to issue its notes therefor."

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Became a law, February 7, 1901, with the approval of the Governor.
Passed by a two-thirds vote.

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

amended.

Section 1. Section four of chapter eighty-one of the laws of Act eighteen hundred and ninety-five is hereby amended so as to read as follows:

deficiency.

bonds

therefor.

4. In case said city shall not receive or recover from said Tax for bank, or said sureties, a sufficient amount to pay the moneys borrowed under the provisions of this act, then the said city shall add the amount of the deficiency to any succeeding annual city budget and collect the same in the same manner as other taxes for city purposes; or, in the exercise of its discretion, the common council of said city may authorize the issue of the bonds of said Issue of city for the amount of such deficiency. Such bonds shall be in such form and for such amounts, not exceeding the amount of deficiency, payable at such time, not exceeding twenty years, and bearing such rate of interest not exceeding four per centum as the common council shall prescribe; and for the payment of the prin cipal and interest of such bonds the faith and credit of the city is hereby pledged. The proceeds of all assessments collected or bonds issued hereunder shall be applied to the payment of such deficiency, and to no other purpose.

§ 2. This act shall take effect immediately.

Chap. 9.

AN ACT to create a department of labor and the office of commissioner of labor, and abolishing the offices of commissioner of labor statistics and factory inspector, and the state board of mediation and arbitration.

Became a law, February 7, 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. Department of labor and office of commissioner of labor created. A department of labor and the office of commissioner of labor are hereby created. Within twenty days after this act takes effect, the governor, by and with the advice and consent of the senate, shall appoint a commissioner of labor, who shall hold his office until January first, nineteen hundred and five. A successor to such commissioner shall be appointed in like manner and shall hold his office for a term of four years, beginning on the first day of January of the year in which he is appointed. Such commissioner shall be the head of such department and receive an annual salary of three thousand five hundred dollars.

§ 2. Offices abolished; powers of commissioners of labor.-The offices of commissioner of labor statistics and factory inspector, and the state board of mediation and arbitration, shall be abolished upon the appointment and qualification of such commissioner of labor. The commissioner of labor shall have the powers conferred and perform the duties imposed by law upon the commissioner of labor statistics and the factory inspector.

§ 3. Deputy commissioners. The commissioner of labor shall forthwith upon entering upon the duties of his office appoint and may at pleasure remove, two deputy commissioners of labor to be designated respectively as the first and second deputy commissioners of labor, each of whom shall receive an annual salary of two thousand five hundred dollars. Upon the appointment of such deputies the offices of the assistant factory inspector, deputy commissioner of labor statistics, and chief clerk of the commissioner of labor statistics are abolished.

§ 4. Bureaus of department. The department of labor shall be divided by the commissioner of labor into three bureaus as fol.

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