C552 
the public parks in the city of New York north of the Harlem 
River in charge of the said department of parks as may be 
mutually agreed upon between the said board of commissioners 
and the board of managers of said corporation in lieu of Bronx 
Park, not exceeding two hundred and fifty acres, for estab- 
lishing and maintaining therein by the said corporation a 
botanical garden and museum, including an herbarium and 
arboretum, and for the general purposes stated in the first 
section of this act. And the said board of commissioners is 
thereupon hereby authorized and directed to construct and 
equip within the said grounds so allotted, according to plans 
approved by them and by the said board of managers, a suit- 
able fire-proof building for such botanical museum and herba- 
rium, with lecture rooms and laboratories for instruction, to- 
gether with other suitable buildings for the care and culture 
of tender or other plants, indigenous or exotic, at an aggre- 
gate cost not exceeding the bonds hereinafter authorized to 
be issued by the city of New York; the use of said buildings 
upon completion to be transferred to said corporation for the 
purposes stated in this act. And for the purpose of providing 
means therefor, it shall be the duty of the comptroller of the 
city of New York, upon being thereto requested by said com- 
missioners, and upon being authorized thereto by the board 
of estimate and apportionment, to issue and sell at not less 
than their par value bonds or stock of the mayor, aldermen 
and commonalty of the city of New York, inthe manner now 
provided by law, payable from taxation, aggregating the sum 
of five hundred thousand dollars, bearing interest at a rate 
not exceeding three and one half per centum per annum, and to 
be redeemed within a period of time not longer than thirty 
years from the date of their issue. 
Section 2. This act shall take effect immediately. 
