TWENTY-FOURTH ANNUAL REPORT 193 



Sec. 4. The affairs and business of said corporation shall he managed and 

 controlled by a board of managers, the number of whom shall be prescribed by 

 the by-laws. The first board of managers shall be divided by lot into three 

 classes, equal in number, one of which classes shall hold office for one year, an- 

 other for two years, and the other for three years; and all persons elected to be 

 managers at any subsequent election shall hold ofFce for three years, and until 

 others are elected in their stead. There shall be a president, two' vice-presidents, 

 treasurer and secretary, to be elected by the board of managers annually, who 

 shall hold office until others are elected in their stead. The first meeting" under 

 this act may be held at any time upon a notice of five days, signed by anv five 

 of the incorporators named in the first section of this act, fixing a time'and place 

 for such meeting, a copy whereof shall be mailed to each of said incorporators at 

 his usual post-office address, and twelve of such incorporators shall be a quorum 

 for the purpose of organization, adoption of by-laws, and election of officers. No 

 manager of said corporation shall be interested, directly or indirectly, in anv con- 

 tract concerning its property or affairs. 



Sec. 5. Said corporation may raise money by the issue of bonds, secured 

 by a mortgage on any or all of its property not acquired from said city or state. 



Sec. 6. Said corporation may take, purchase, and hold real and personal 

 estate necessary for the purpose of its incorporation, and shall possess the general 

 powers and be subject to the restrictions and liabilities prescribed in Article II 

 of Chapter 23 of the Consolidated Laws, entitled "General Corporation Law,"' 

 being chapter 28 of the Laws of 1909. 



Sec 7. The commissioners of the sinking fund of the said city are authorized 

 in their discretion to allot, set apart, and appropriate for the use of said corpora- 

 tion, any of the lands belonging to said city north of One Hundred and Fifty- 

 fifth Street, but not in the Central Park, and such appropriation may be revoked 

 if, after the expiration of five years from the passage of the act,' a zoological 

 garden is not established thereon; said grounds thus set apart and appropriated 

 shall be used or no purpose whatsoever except those aforesaid. As soon as any 

 lands are set apart the Mayor of the said city of New York, and the President 

 of the Department of Parks of said city, shall become and be ex-officio members 

 of the board of managers of said corporation. If at any time the animals now 

 composing the menagerie of Central Park shall be removed therefrom by the 

 authorities having charge thereof, said authorities may make an arrangement 

 with the incorporators named in this act or the corporation formed by them for 

 leasing or sale of such animals to such incorporators or corporation, and said 

 incorporators or corporation shall have a preference over any other person or 

 corporation in respect thereto upon the same terms which said authorities could 

 make with any such other person or corporation, or upon such other terms as to 

 such authorities may seem proper, but nothing herein provided shall be construed 

 as giving the commissioners of the Department of Public Parks authority to sell, 

 lease, transfer, or in any other wise dispose of said animals or other property 

 connected with or belonging to said menagerie. 



Sec. 8. Admission to the said gardens shall be free to the public for at least 

 four days, one of which shall be Sunday, in each week, subject to such rules and 

 regulations as shall be prescribed by said corporation. 



Sec. 9. This act shall take effect immediately. 



AN ACT to amend chapter four hundred and thirty-five of the laws of eighteen 

 hundred and ninety-five, entitled "An act to' incorporate the New Y'ork 

 Zoological Society and to provide for the establishment of a zoological gar- 

 den in the City of New Y'ork" in relation to real and other property. 



