xii INTRODUCTION. 



to them and their fuccelTors, any real eftate in fee fimple, or for 

 term of hfe or lives, or otherwife ; and any goods, chattels, or 

 perfonal eftate, for the purpofe of enabling them the better to 

 carry into execution, encourage, and promote fuch meafures, 

 as may tend to promote Agriculture, Arts, and Manufadures 

 in this State.*' 



Provided^ The clear yearly value of fuch real and perfonal 

 efliates, fhall not exceed the fum of eight hundred pounds, law- 

 ful money of New- York, and that they and their fucceflbrs fliall 

 have full power and authority, to give, grant, fell, leafe, demife 

 and difpofe of the faid real and perfonal eftates, or any part there- 

 of, at their will and pleafure ; and that they and their fucceflbrs 

 fhall have power from time to time, to make, conftitute, ordain 

 and eftablifh, fuch bye-laws, conflitutions, ordinances and regu- 

 lations, as they fhall judge proper for the election of their offi- 

 cers ; for the eleQion or admiflion of new members of the faid 

 corporation, and the terms and manner of admifTion ; for the 

 better government and regulation of their officers and mem- 

 bers ; for fixing the times- and places of the meeting of the faid 

 corporation ; and for regulating all the affairs and bufmefs of 

 the faid corporation. 



Provided, That fuch bye-laws and regulations fhall not be 

 repugnant to the conflitution or laws of the United States, or 

 of this State. And for the better carrying on the bufmefs and 



