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Liability of Stockholders.

9. The said corporation may and shall have continual succession, and shall be capable in law of suing or being sued, and may have a common seal, and the same may alter or renew at pleasure, and all contracts made, may be either verbal or under the signature of the president, secretary or other officer or agent of the said corporation, and with or without the corporate seal.

$10. Each and every stockholder shall be individually liable to the creditors of said corporation for all debts that may be due and owing by said corporation to their laborers and servants for services performed, and for all other debts and liabilities of the said corporation, to an amount equal to the amount of stock held by him, until he shall have paid in full the amount of such stock so held; but no suit shall be brought against any stockholder in said corporation for any debts contracted, unless the same shall be commenced within one year from the time he shall have ceased to be a stockholder in said corporation, nor until an execution against the corporation shall have been returned unsatisfied in whole or in part. No person holding stock in said company as executor, administrator, guardian or trustee, and no person holding such stock as colateral security, shall be personally subject to any liability as a stockholder of said company; but the person pledging such stock shall be considered as holding the same, and shall be liable as a stockholder accordingly, and the estate and funds in the hands of such executor, administrator, guardian or trustee shall be liable in like manner, and to the same extent as the testator or intestate, or the ward or person interested in such fund would have been, had he been living and competent to act, and held the stock in his own name. Every such executor, administrator, guardian or trustee, shall represent the shares of stock owned by him as such executor, administrator, guardian or trustee, at all meetings of the company, and may vote as a stockholder; and every person pledging his stock as aforesaid, may in like manner represent the same and vote accordingly.

§ 11. This act shall take effect immediately.

Chap. 71.

AN ACT for the relief of the heirs of W. W. Vil ε, deceased.

Passed March 17, 1855, three-fifths being present.

The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§1. The treasurer of the state, on the warrant of the comptroller, shall pay out of any moneys in the treasury not otherwise appropriated, the sum of three thousand dollars in full satisfaction and discharge of any and all claims of the said W. W. Niles, in his estate against the state, for any damages accruing by the destruction of the buildings of the said W. W. Niles, at the town of Newtown, in the county of Queens, on the twenty-sixth and twenty-seventh days of May, eighteen hundred and fortyseven; provided, however, said money shall not be paid until a full and perfect release shall be delivered to the comptroller of the state, of any such claim, duly executed and acknowledged; such release to be approved by the attorney general, both as to its form and execution, and as to the proper parties to execute the same, such approval to be in writing and endorsed on said release.

§ 2. This act shall take effect immediately.

Chap. 72.

AN ACT to amend an act entitled "An act to incorporate the Sixpenny Savings Bank of the city of NewYork," passed June 4, 1853.

Passed March 19, 1855. The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§1. Section one of the act entitled "An act to incorporate the sixpenny savings bank of the city of New-York," passed June fourth, eighteen hundred and fifty-three, is hereby amended so as to read as follows:

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§1. Zadoc Pratt, John A. Dix, Isaac O. Barker, Jonathan Trotter, Leonard H. Church, Robert T. Haws, Barnabas W. Osborne, Cassius P. Peck, Charles Francis, Darius Ferry, Jonathan Purdy, Jasper Hughes, Edgar T. Ryder, Henry Vandewater, Bryan McCahil, Anthony Arents, Jacob I. Rosenstein, William H. Adams, Julius A. Candee, Samuel Leggett, Joseph Hough, Francis Godine, Henry Lefferaw, Daniel Ward, Wilson Small, Isaac V. Fowler, William Miles, Thomas Small, James Conner, Monmouth H. Underhill, Jacob M. Weeland, Thomas J. Barr, Elijah F. Purdy, James Fury, C. V. Anderson, William Adams, William Snedecker, James M. Griffith, William H. Mackrell and their successors, shall, and they are hereby constituted a body corporate and politic, by the name of the sixpenny savings bank of the city of New-York, and by that name shall have perpetual succession, and may sue and be sued in any court whatever, and be located in the city of New-York.

2. The provisions of this act shall not affect the rights or remedies of the depositors or other creditors of said corporation.

§3. This act shall take effect immediately.

Chap. 73.

AN ACT to extend the time for the collection of taxes in the town of Savannah, in the county of Wayne; and in the town of Elmira, in the county of Chemung; and the town of Rome, in the county of Oneida.

Passed March 19, 1855, three-fifths being present. The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§1. If the collector of taxes in the town of Savannah, in the county of Wayne, and in the town of Elmira, in the county of Chemung, and town of Rome, in the county of Oneida, shall renew his bond to the satisfaction of the supervisor of his town, or in case of his absence, the town clerk, and pay over all moneys by him collected, the time for collecting taxes in his town, and making returns to

the county treasurer, is hereby extended to the fifteenth day of April next; and any bond given by said collector to procure such extension, under or by virtue of this act, shall be obligatory and binding as a collector's bond. §2. This act shall take effect immediately.

Chap. 74.

AN ACT in relation to the redemption of non-resident lands sold for taxes.

Passed March 19, 1855.

The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§1. The time allowed for the redemption of non-resident lands sold for taxes, on December sixth, eighteen hundred and fifty-three, under the provisions of chapter two hundred and ninety-eight of the laws of eighteen hundred and fifty, is hereby extended to the sixth day of June, eighteen hundred and fifty-six.

2. This act shall take effect immediately.

Chap. 75.

AN ACT relative to unclaimed dividends of Insurance Companies.

Passed March 19, 1855.

The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§1. Every insurance company or association for fire, marine, or life risks, conducted on the mutual principle or otherwise, now or hereafter incorporated or organised, or doing business, under any general or special law of this state, on or before the first day of September next, and annually thereafter, shall cause to be published for six successive weeks, in one public newspaper printed in the county in which such company or association may be lo

Commissioners.

cated, and in the state paper, a true and accurate statement, verified by the oath of the treasurer or presiding officer, of all dividends and interest declared and payable upon any of the stock, bonds, or other evidence of indebtedness of said company or association, which, at the date of such statement, shall have remained unclaimed by any person or persons authorised to receive the same, for two years then next preceding; and the word "dividend," shall include all scrip issued or declared due for unpaid earnings or profits.

§2. This act shall take effect immediately.

Chap. 76.

AN ACT to appoint commissioners to alter the route of the road in Elbridge and Camillus, in the county of Onondaga.

Passed March 19, 1855.

The People of the State of New-York, represented in Senate and Assembly, do enact as follows:

§1. Freeborn G. Jewett, John D. Rhodes and David Munroe are hereby appointed commissioners, and they or any two of them, are authorised to alter the route of the road in Elbridge and Camillus, in the county of Onondaga, which was laid out and opened pursuant to the provisions of chapter fourteenth, of the laws of eighteen hundred and thirty-five, commonly called the state road, as. they may deem expedient between the point on lot number ninetysix in Elbridge aforesaid, where said state road takes its departure north-easterly, from the south line of John Adam's farm on said lot, and the point west of Sweet's plaster mill (so called) on lot number ninety-seven in Camillus, where the same road intersects the town road, running thence southerly to Skaneateles.

Duties., §2. Before they enter upon the duties aforesaid, the said commissioners shall take and subscribe an oath before a justice of the peace, or some other officer authorised to administer oaths, to discharge the duties of such commissioners without favor or partiality. The said commissioners shall proceed diligently in the discharge of their duties,

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