92 



to such Constitution and By-Laws, the persons named in the first 

 section of this Act shall be, and are hereby declared to be the 

 Trustees and Managers of said Corporation and its property. 



Sec. 3. Said Corporation may purchase and hold, or lease, any 

 real and personal estate necessary and proper for the purposes of 

 its incorporation, provided they shall not hold real estate which 

 shall exceed one hundred thousand dollars in value. 



Sec. 4. Said Corporation 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. 5. This Act shall take effect immediately. 



STATE OF NEW YORK, ) 



Office of the Secretary of State. ) s " 



I have compared the preceding with the original law on file in this office, and 

 do hereby certify that the same is a correct transcript therefrom, and of the whole 

 of said original law. 



Given under my hand and seal of Office at the City of Albany, 

 [l. s.] this fourteenth day of April, in the year one thousand eight 



hundred and sixty-nine. 



D. Willers, Jr., Deputy Secretary of State. 



