1-IRST ANNUAL RKPORT. oS 



number and mode of election of its officers ; to define their diilics ; to 

 provide for the safe-keepinjij of its property, and from time to time to 

 alter and modify its by-laws. 



Skc. 4. The affairs and business of said corporation shall be 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, another for two jears, and the other for three 

 years ; and all persons elected to be managers at anj' subsequent election 

 shall hold office 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 maj' be held at any time upon a notice of five days, signed by 

 any 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 receive anj- compensation for his services, nor be 

 interested, directly or indirectly, in any contract concerning its property 

 or affairs. 



Sec. 5. Said corporation may raise money by the issue of its 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, the net 

 annual income of which .shall not exceed fifty thousand dollars, and shall 

 possess the general powers and be subject to the restrictions and liabilities 

 prescribed in the third title of the eighteenth chapter of the first part 

 of the revised statutes. 



Sec. 7. The counnissioners of the sinking fund of the said city are 

 authorized in their discretion to allot, set apart, and appropriate, for the 

 use of said corporation, 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 for 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 Depart- 

 ment of Parks of said city, shall become and be ex-olficio members of the 

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

 composing the menagerie at Central Park shall be removed therefrom by 

 the authorities having charge thereof, .said authorities may make an 



