Page images
PDF
EPUB

of any contingent incumbrance thereon, nor in respect of any contingency upon the happening of which the estate or property or some part thereof or interest thereri night be abridged, defeated or diminished; provided, however, that in the event of such incumbrance taking effect as an actual burden upon the interest of the beneficiary, or in the event of the abridgment, defeat or diminution of said estate or property or interest therein as aforesaid, a return shall be made to the person properly entitled thereto of a proportionate amount of such tax in respect of the amount or value of the incumbrance when taking effect, or SO much as will reduce the same to the amount which would have been assessed in respect of the actual duration or extent of the estate or interest enjoyed. Such return of tax shall be made in the manner provided by section two hundred and twenty-five of this article. Where any property shall, after the passage of this act, be transferred subject to any charge, estate or interest, determinable by the death of any person, or at any period ascertainable only by reference to death, the increase of benefit accruing to any person or corporation upon the extinction or determination of such charge, estate or interest shall be deemed a transfer of property taxable under the provisions of this act in the same manner as though the person or corporation beneficially entitled thereto had then acquired such increase of benefit from the person from whom the title to their respective estates or interests is derived. When property is transferred in trust or otherwise, and the rights, interest or estates of the transferees are dependent upon contingencies or conditions whereby they may be wholly or in part created, defeated, extended or abridged, a tax shall be imposed upon said transfer at the highest rate which, on the happening of any of the said contingencies or conditions, would be possible under the provisions of this article, and such tax so imposed shall be due and payable forthwith, out of the property transferred; provided, however, that on the happening of any contingency whereby the said property, or any part thereof, is transferred to a person or corporation exempt from taxation under the provisions of this article. or to a person taxable at a rate less than the rate imposed and paid, such person or corporation shall be entitled to a return of so much of the tax imposed and paid as is the difference be tween the amount paid and the amount which said person or cor

1

poration should pay under the provisions of this article, with legal interest thereon

overpayment shall ..ime of payment. Such return of

made in the manner provided by section

two hundred.and.twenty-five of this article. All estates upon remainder or reversion, which vested prior to June thirtieth, eighteen hundred and eighty-five, but which will not come into actual possession or enjoyment of the person or corporation beneficially interested therein until after the passage of this act shall be appraised and taxed as soon as the person or corporation beneficially interested therein shall be entitled to the actual possession or enjoyment thereof.

§ 2. This act shall take effect immediately.

Official acts legalized.

Chap. 77.

AN ACT to legalize and confirm the official acts of a notary public. Became a law March 14, 1899, with the approval of the Governor. Passed, three-fifths being present.

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

Section 1. The official acts of Edmund J. Pickett, a notary public, appointed in and for the county of Clinton and duly commissioned since the fourth day of April, eighteen hundred and ninety-eight, in such county of Clinton, since the date of the filing of a certified copy of the appointment of said Edmund J. Pickett as notary public in and for the county of Clinton, together with the certificate of the clerk of the county of Clinton, so far as such acts may be affected, impaired or questioned by reason of said Edmund J. Pickett not having been of legal age when ap pointed and commissioned for and sworn as a notary public for the county of Clinton wherein he has acted in good faith in said. county are hereby legalized and confirmed and made as effectual and valid as if the said notary public had been of legal age when appointed, commissioned and sworn as and for a notary for the county of Clinton at the time of the performance of such acts in the county of Clinton.

§ 2. This act shall take effect immediately.

Chap. 78,

AN ACT to amend the highway law, relating to the compensation of overseers.

Became a law March 14, 1899, with the approval of the Governor. Passed, three-fifths being present.

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

Section 1. Section twenty-four of chapter five hundred and sixty-eight of the laws of eighteen hundred and ninety, entitled "An act in relation to highways, constituting chapter nineteen of the general laws," is hereby amended to read as follows:

§ 21. Compensation of overseers.-If any overseer shall be employed more days in executing the several duties enjoined upon him by this chapter, than he is assessed to work on the highways, he shall be paid for the excess, at the rate of twelve and a half cents per hour for each day, and be allowed to retain the same out of the money which may come into his hands under this chapter; but he shall not be permitted to commute for the days he is assessed nor be entitled to receive any greater sum as compensation, pursuant to this section, than the amount of money in his hands applicable thereto.

§ 2. This act shall take effect immediately.

Chap. 79,

AN ACT to reappropriate money for the completion and improvement of the state armory at Binghamton, as provided by chapter five hundred and fourteen of the laws of eighteen hundred ana ninety-seven.

Became a law March 14, 1899, with the approval of the Governor. Passed, three-fifths being present.

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

Appropria

armory.

Section 1. The balance remaining in the treasury unexpended tion for of the sum of six thousand dollars, appropriated by chapter five hundred and fourteen of the laws of eighteen hundred and ninety-seven, providing for the completion and improvement of the state armory at Binghamton, which said balance is the sum of two hundred and twenty-two dollars and forty cents, is hereby r

[ocr errors]

appropriated for the same purpose; and the comptroller is directed from time to time to pay the same, for the aforesaid purpose, out of any money in the treasury not otherwise appropriated, on the written requisition of the armory commission.

§ 2. This act shall take effect immediately.

Payment and discharge of taxes.

Redemp

tion from fax sales.

Towers and duties of

Chap. 80.

AN ACT in relation to unpaid taxes, in that part of the city of New York constituting the town of Newtown, prior to January first, eighteen hundred and ninety-eight.

Accepted by the city.

Became a law March 14, 1899, with the approval of the Governor. Passed, three-fifths being present.

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

Section 1. Any tax heretofore levied for town, state and county purposes in arrears at the time of the passage of this act in that part of the city of New York which heretofore and before the first day of January, eighteen hundred and ninety-eight, formed and constituted the town of Newtown, in the county of Queens, may be paid and discharged of record at any time before the fif teenth day of September, eighteen hundred and ninety-nine, with interest at the rate of two per centum per annum.

§ 2. Any lot, piece or parcel of land within the boundaries of that part of the city of New York constituting the town of Newtown prior to January first, eighteen hundred and ninety-eight, which has been heretofore sold for unpaid taxes, where the same was bid in in the name of said town of Newtown, and where the certificates of sale have not been assigned at the date of the passage of this act, may be redeemed from such sale and sales by the payment of the face of the tax or taxes for which the same was sold, with interest at the rate of two per centum per annum and such taxes shall be thereby satisfied and discharged of record; provided such payment be made prior to the thirty-first day of December, eighteen hundred and ninety-nine.

§ 3. The collector of assessments and arrears of the city of New Collector of York is hereby authorized, empowered and required to ments, etc. receive and receipt for all moneys which may be paid

assess

under this act and he is hereby further authorized and

empowered to purchase and obtain all necessary books

and stationery
and to employ necessary assistants for
the proper performance of the duties hereby imposed upon him by
this act, at an expense, however, including the advertising here-
inafter directed, of not to exceed three thousand dollars, such ex-
pense to be paid cut of the taxes collected and received under the
provisions of this act.

Publica

notice.

§ 4. Within twenty days after the passage of this act, said tax ti receiver shall give public notice of the provisions of this act by advertisement in an official newspaper published in the city of New York, and also in one other newspaper published within the boundary of what was formerly the town of Newtown; such notice to be published not less than twice a week, for three successire weeks.

over and

tion f

moneys.

§ 5. All sums of money paid under this act, except the ex- Payment penses mentioned in section three hereof, shall be paid over by applica the said collector of assessments and arrears to the city chamberlain or comptroller of the city of New York, and may be applied and used for the same purpose as other taxes collected in the city of New York.

§ 6. This act shall take effect immediately.

Chap. 81.

AN ACT to authorize the board of trustees of the village of Oneonta, in the county of Otsego, New York, to issue bonds to pay extraordinary expenses incurred by such village.

Became a law March 14, 1899, with the approval of the Governor. Passed, three-fifths being present.

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

bonds au

Section 1. The trustees of the village of Oneonta, in the county Issue of of Otsego, are hereby authorized and empowered to issue in the thorized. name of said village the corporate bonds of said village to an amount not exceeding five thousand dollars for the purpose of enabling the trustees of said village to pay extraordinary expenses incurred in the building of bridges and repair of streets and avenues of said village.

Denomina

§ 2. Each of said bonds shall be of the denomination of five tion and hundred dollars with coupons attached, bearing interest at the

interest.

« PreviousContinue »