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INDEX

TO

NEW-YORK MUNICIPAL GAZETTE.

SERIES OF NUMBERS, EMBRACING

Numbers 41, 42, 43, 44, 45, 46, 47, 48.

ISSUED MAY 28th, 1847.

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CONSTITUTIONAL STATE CONVENTION.

Organization of Convention; Names of Officers,
Names of Members..
Standing Committees
Preliminary Resolutions

Municipal Corporations.

Econ 5722,58,2 F

Of the Series composed of Numbers 41, 42, 43, 44, 45, 46, 47, and 48.....June 1, 1846, to May 1, 1847.
E con 5722,58

Report thereon, by Mr. Murphy.

66

"

by Mr. Allen......
Rights of Citizens.

Report upon, by Mr. Tallmadge..
Local Taxation.
Resolution of enquiry, into by Mr. Morris...... 578
Debates thereon, by 16 members........578 to
Double Taxation.
Resolution in relation thereto by Mr. Strong.... 580
Debate thereon by 8 members....

580 to 581

Equalization of Taxation.
Resolution in relation thereto by Mr. Morris.... 578
Resolutions in relation thereto by Mr. Townsend
610 and 593
610

Page.

561
574
574

Debates thereon by 9 members....
Taxation of Personal Property.
Resolution in relation thereto by Mr. Murphy... 599
"Mr. Ruggles... 599
Debates thereon by 3 members...

66

66

66

599

599
609

Royal Charters and Grants.
Resolution in relation thereto by Mr. Murphy.. 581
Debates thereon by 6 members..

581

584

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LIBRARY

INDEX

575

Executive, Legislative and Judiciary powers... 562
Assessment abuses..
For a council of the constitution for defining ex-
ecutive legislative and judiciary powers...... 561

List of members of the Council of Appointment,
from 1777 to 1822

United States Public Stocks, exempt from taxa-
tion by States and Corporations...... 681 and 696
STATE LEGISLATURE.

Act authorizing a City Convention..
Report made in the Senate of this State by Mr.
Porter, March 27, 1846, against taxing non-resi-
dents...Remarks thereon

563

Remarks thereon and upon the amendments pro-
posed......
.618. 686 and 687
NEW YORK CITY CORPORATION.
Montgomery Charter, extracts from.......
Corporation Comptroller's report in relation to
the unlimited powers of the New-York City
Corporation
Letter from Gov. Cosby to the Board of Trade,
dated, New-York, May 6, 1728...
Letter from Gov. Cosby to the Board of Trade,
Sept. 18, 1732, and Aug. 29, 1733. ......555, 556
Remarks thereon...
Governor Cosby's letters to the Home Govern-

556

555

ment repudiating the New-York City Charter. 563
Remarks thereon..
.....582, 657. 563
Mayor Havemeyer says petitions and Remon-
strances should be reported upon..
Mayor Havemeyer's Veto of Resolution to open
557
a street through Trinity Church Yard, remarks
thereon

563

Annual Tax Bill of 1846, and remarks thereon.. 553
Bill introduced into the House of Assembly of
this State by Mr. Stevenson to authorize a Con-
vention to amend the charter of the city of New-
York

758

557

Wharf Tax, an attempt to authorize, by adding a
clause to a bill of another title.
Taxation of Incorporated Companies, on their
actual capital, bill reported in the Senate by Mr.
Porter, Jan. 16, 1846
Publication of Journals of the Senate and Assem-
bly..

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553
556

553

Naturalization, in the olden times
Hasty executive acts

Names of the members of the State Senate for
1847

684

Standing Committees of the Senate for 1847... 684
Names of the members of Assembly for 1847. 684--5
Standing Committees of the House of Assembly,
for 1847.....
State officers..
Officers of Assembly
Officers of Senate.
Taxation, report upon by Hon. Myndert Van
Schaick in the Sepate in 1835.
An act to abolish distress for rent, passed May
13, 1846

585
583
583

685
685

685, 695
684

564 to 566
566
An act to equalize taxation, passed May 13, 1846. 567
A bill concerning passengers..
Prerogative of mercy
Legislative power.
City Charter-extraordinary petition to the legis-
lature and remarks thereon.
Remonstrances against the amendments of the
New-York City Charter..

567
685
685

A bill to amend the amendments to the Charter
of the City of New-York,...
..687-8

A bill in relation to the Seamen's fund and retreat
in the city of New-York, and to reduce and
equalize the tax on Seamen,..
Speaker of the House of Assembly.
Emigrant tax bill.

New-York City Charter, second amendments
Assembly bill 132.

Draft of Tax assessment law by the New-York
Corporation...

SAFETY FUND General Banking Law, reported
by Mr. Hadley, in the House of Assembly..698-9
Draft of amendments to a City Charter by Hon.
Stephen Allen
..595-6
Amendments suggested
596
Amended City Charter-letters from Hon. James
Tallmadge in rela
Myndert Van Schaick's petition in relation to
City Charter....

to..

695

695

Report on petition of inhabitants of Hastings, Os-
wego county. for authority to overflow lands
belonging to a citizen by owners of a mill,
made in the Senate by Hon. A. C. Hand....
Annual Tax Bill, 1847

Bill relative to expenses of incorporated compa-
nies....

Bill to tax surplus capital..
Inquisition Tax Bill

688
695
696

697-8

698

760
759

657

Draft of tax bill presented the Legislature by the
Corporation, for a new system of assessment, re-
marks thereon....

Names of assessors for 1846..
Injunction of Supreme Court of Massachusetts
restraining the treasurer of the town of Charles-
town from paying money to Volunteers for
Mexico
760
STREET DEPARTMENT OF THE SUPREME
COURT.
Proceedings in relation to Houston and Leroy
576. 680

686

streets..

Proceedings in relation to the Bloomingdale
687

Road...

.576. 602. 603. 678 to 680
576

Taxes in Barbary ....
Assessment case of Doughty vs. Hope..600, 601, 602
William street and Fourth avenue.

..577.608
Street Department of the Supreme Court abolish-
en by the New Constisution, Art. 6, sec. 8... 626
Assessment abuses to be prevented. See Con-
stitution, sec. 9, Art. 8, and sec. 8, of Art. 14 627-8
COURTS.

759
759
758

NEW-YORK CITY CONVENTION.
Names of members of city Convention..........567
Amendments of City Charter adopted by the Con-

vention and rejected by the People....614 to 618
Address of the City Convention to the People.. 618

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CORRESPONDENCE.

A series of letters from a gentleman residing in the State of Tennessee, upon various scientific subjects....624, 631, 636, 637, 644, 652, 664, 665, 666, 667, 668, 666, 667, 668, 682 and 692. Letters from Thomas Spencer, former State Superintendant of the Onondaga Salines, written from Saltvilla, southwestern mountains of Virginia 559, 560, 575, 587, 606, 631, 643, 659, 673,683 Letters from W. P. Milnor, written from the fossil salt mines of southwestern Virginia, situate 1782 feet above the level of the sea..605, 606, 642 659, 664, 682

Letters from Lyman W. Conkey, Syracuse, Onondaga Salines, New-York..587, 605, 633, 659, 663 Letter from Professor Henry of Princeton College, in relation to lightning, and also in relation to the telegraph wires. Letter from Prof, Olmsted, Yale College, in relation to lightning, earthquakes, &c... Letters from Benjamin F. Thompson, Historian of Long Island........ ...663, 695 Letters from Hon. Josiah Butler, of So. Deerfield, N. H., in relation to the earthquakes in New-Hampshire ..660, 661, 756 Extracts from a letter written by a clergyman in the state of Georgia...... Letter from a young physician on a visit to Scotland

683 692

Letter from J. B. Wick of Villa Rica, Georgia, relative to the Gold mines of his vicinity.... 590 etter from H. E. Pierrepont, Brooklyn, relative to winged Ants Extract from a letter from Ozem Strong, dated Colborne, Upper Canada...

590

Letter from J. E. Bloomfield, of Oswego, N. Y.. 605 Letter from Levi Disbrow in relation to Little Sodus Bay Salt well

587

Letter from Teunis G. Bergen, ex-member of the
State Convention...

695
Letter from Dudley Leavitt, Meredith, N. H... 756
EARTHQUAKES.
At Deerfield, N. H., Nov. 24. 1845
At Memphis, Ten., Dec. 23. 1845..
At Santo Tomas. Jan. 30, 1846

At Cincinnati, Ohio, Feb. 28, 1846..
At Valparasio, S. A., March 18, 1846
At Maysville, Ky., March 23, 1846.

At Cuba, Island of Cuba, March 23, 1846.

661

554

555

555

690 555

555

At Catania, April 22d and 28, 1846
At Santa Cruz, Cuba, April 28, 1846
At Memphis, Ten., May 8, 1846 ...
At Newburyport, Ma s., May 30, 1846.
At Guadaloupe and Martinique, June 16, 1846.. 598
At Vera Cruz, Mexico, June 21, 1846..

592 555, 592 569 661

At Smyrna, Asia, June 25, 1846..

At Messina and Catania, June 1846

596 608 598, 592 660 At Deerfield, N. H., July 10, 1846.... At Cologne and in Southern Germany, July 29, 690 1846,

At Trinidad, Sept. 10, 1846..

At Deerfield, N. H., Sept 12, 1846

At Cape Haytien, St. Domingo, Sept. 15, 1846..

At St. Domingo City, Sept. 16, 1846...
At Trinided, Sept. 1846

At Boonsboro', Md., Oct. 19, 1846..

At Talahassee, Florida, Oct. 23, 1846.

At Algiers, Africa, in Oct. 1846........

At Deerfield, N.H., Oct. 29 and 31, 1846...

At Ningpoo, China, Aug. 4, 1846.

At Fincastle, Va., Aug. 12, 1846.. Volcanic action in the Red Sea in Asia and simultaneously an earthquake of great severity throughout the province of Tuscany in Europe, August, 14, 1846... 661, 662, 663 At the Island of Iceland, Aug. 22, 1846.....630, 631 At the sea-port and river towns in Maine, Massachusetts and New-Hampshire and in the River towns in Vermont, Aug. 25, 1846 .......661, 689 At Leghorn, Tuscany, Aug. 27, 1846.

703
704

At Gunang Marrippa, Java, Sept. 2, 1846
At Trinidad, St. Vincents, and Grenada, Sept. 6,
1846

586

At Albany, Jan. 11, 1847.

At Rice Lake, Jan. 14, 1847.

586

At Antigonish, Jauuary 29, 1847
At Bangor, Maine, in January, 1847,
At Deerfield, N.H. Feb. 2d, 1847..
At Meredith. N.H., Feb. 14, 1847.
At Belfast, Me., Feb. 19, 1847.
At Deerfield, N.H., Feb. 21, 1847.

.....

651 598

709, 651, 661 At Deerfield, N.H., Nov. 12, 1846.....709, 651, 661 At several places in Scotland, Nov. 25th, 1846.. 668 At Porto Rico, Nov. 28, 1846.. 650

At Deerfield, N.H., Dec. 2, 1846...... .713, 651, 661 At Trinidad, Dec. 17, 1846..

750

At Grafton Harbor, Jan. 8, 1847,.

652

652

682

718

753 754 and 756 756 754

755

755

At Capiaco, South America in 1847..
At Green Bay, and Fox River, March 9, 1847... 755
At Limington, Maine, April 1, 1847.
At Mount Morris, N. Y., April 27, 1847

755
755

705 705

705

705

705 631

631

640 644

Earthquakes, Remarks upon by Eben. Meriam, And their connection with volcanoes, thunder, lightning, snow, hail, wind, rain, cold, heat, calms and equilibriums affecting the atmosphere over vast sections of the Globe and producing changes of great magnitude as confirmed by observations made simultaneously on Brooklyn Heights and published in the Brooklyn Star before hearing of the earthquakes.. 624 554, 694, 689, 690, 651, 592, 570, 755, 555, 569, 571, 586, 589, 593, 596, 598, 608, 630, 640, 650, 652, 661, 662, 668, 674, 675, 676, 682, 695, 700 to 756 Suggestion that an earthquake had taken place on the 22d of April, 1846, made prior to June 1, 1846.... Confirmation of the correctness of the above suggestion by an arrival from Sicily, July 7, 1846. 592 Great Earthquake in South America............. Steamers and Earthquakes............. Earthquake Ruins..... Connection of earthquakes and storms. Earthquakes in New Hampshire........ Simultaneous convulsions in the East Earthquakes at Marseilles, France.... Earthquakes at New-Madrid Earthquake at Caraccas,.. Remarks upon earthquakes, by Hon. Josiah Butler; and by Dudley Leavitt, Esq..

555

.693, 694

690 676 674

660, 661 661

656

624

598

Do. by a native of Deerfield... Earthquakes at Martinique in 1727

VOLCANOES.

Eruptions of Mount Heckla......569. 591, 596, 630
Volcanic action, extensive in its operations... 675
Graham Volcanic shoal
Volcanoes in the Red Sea..

598 .661,662

MORTALITY.

Death of aged persons... Mortality in Boston..

66 in New York

661 660 760

..757,

The solemn knell-Steamer Atlantic bell tolling the requiem of 42 persons-moved by the ocean swell. 673, 644 Death of an infant in its mother's arms, written by Mrs. Sigourney...

672
Obituary notice of Mrs. Mary S. M. Seaman,. 672. 691
Lines written upon the death of Mrs. Mary Strong
Meriam Seaman, by
Miss Cornelia Loomis..
Miss Julia C. Ringwood
Miss Margaretta McNary
W. H. Starr, Esq..

Letters from Mary S. Meriam to her sister....
Letter from Miss Cornelia Loomis to Mrs. M. S.
M. Seaman..

673

Letter from Mrs. M. S. M. Seaman to her sister 691 Lines written by Mary S. Meriam in her sister's album-selected..

Letter from Thomas Spencer...

Extract from a letter written by a lady in New Eugland.....

651 682 596

.673, 691

691 691 691 691

.....

672 673

673

Obituary notice of Jonathan Thompson, Esq.... 672 "The Hour Glass," written by John Quincy Adams, Esq., President of the United States.. 672 Notice of an ancient copy of the Bible......672. 690 Obituary notice of Preserved Fish... 596 Greenwood Cemetery; Vocal Willow; Prayers for Rain; Birds in the Cemetery The Adirondack Solitary....

757 560

LIGHTNING.

656 650

Village destroyed by lightning...... Packet ship Thomas P. Cope and cargo destroyed by lightning Nov, 29, 1846.. Brig Oscar destroyed by lightning Sept. 15, 1846. 727 Ship Christopher Columbus and cargo destroyed by lightning Feb. 11, 1847..

719

Ship Hugenot struck by lightning and cargo set on fire June 12, 1846...

571

Lightning wires a complete protection. 554 572, 635 in South America, in 1793... Silicious lightning tubes

66

674 674

Thunder storms... 756, 757, 607, 608. 755. 590. 632. 570, 571, 587, 588, 593, 598, 604, 605, 641, 650, 655, 656, 662, 674, 700 to 755, 586. 572. 592. 589. 573. 642. Telegraph wires and thunder storms

707, 604, 596, 608, 572

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Man killed by lightning; barn burnt by lightning
in New-Jersey, loss $3,000....
Thunder storm at Baltimore, Aug. 7, 1846; brig
Juliet, schooner Union, City Mills, a banking
house, store, and hotel struck by lightning, one
man killed by lightning under a bridge, and
several persons loading a vessel knocked down
and stunned. The lightning took full possess-
ion of the telegraph wires; several cattle in
the neighborhood of Baltimore killed by light-
ning...

Balloon struck by lightning; man killed by light-
ning, July 27, 1846; house struck by lightning
in Richmond, Va. and 4 persons in the street
opposite the building knocked down; 2 houses,
brewery and the telegraph wires struck by

lightning in Phila., Aug. 9, 1846, bed set on

fire and man knocked down; child killed by

lightning July 30 1846, at Somersworth, N.H. 607

Man killed by lightning in Indiana; two men
killed by lightning, June 10, 1846, under a tree
in Indiana; house burnt by lightning June
26, 1846, near Niagara, also a barn; 3 horses,
2 cows, 5 sheep, and several pigs killed, a man
killed by lightning at the same time 5 miles
distant; bark Hortensia, struck by lightning
May 30, 1846; 74 sheep killed by lightning at
Wells, Eng., 1846; barn burnt by lightning in
Warren, Mass. Aug. 8, 1846; horse killed by
lightning; barn burnt by lightning at Spring-
field, Otsego co., N. Y. July 11, 1846, same
time aboy was killed by lightning while under
a tree in the same neighborhood; Steamer
Citizen struck by lightning in river Thames,
Aug. 1, 1846, but no person injured. House
struck by lightning near Mercersburg, Pa.,
and every person in the house prostrated one
of whom did not recover.
Man killed by lightning near Kingston, Upper
Canada, Oct. 2, 1846...

604

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573
573

573

573
624, 573
624,714, 754. 640

Meteors

..586, 718, 720, 640, 624, 631

Shower of Grubs in winter.

719

Diseased Vegetation
607

METEORLOGICAL.
Temperature of the atmosphere, state of the Barome-

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GEOLOGICAL.
Specimens of rock, sand, ore, &c., from the Gold
Mines of Villa Rica, Georgia.........

590

Geological formations of the regions round about
Saltville, south western mountains of Virginia, 667
Deep Cavern in Onoudago county
Volcanic Lake, Onondago County.

659
659
632

Virgin Iron....

NOTE. The present series of numbers, 41 to 48 inclusive,
are bound up under one cover in order to place in the hands
of the members of the Legislature on the adjournment of
that body. The State Constitution, commencing with page
625, is accompanied by an INDEX of four pages all marked
with the same folio, this index is more ample and extensive
than any index yet published, and will be found of great con-
venience. The meteorlogical records are not accompanied
with detailed remarks as the preparation of these require
more leisure and more time than I had at my disposal-they
will, however, be found more ample than any meteorlogical
records (that I have ever seen) published, and being made
simultaneously at three different stations several hundred
miles apart, will afford information in reference to the changes
of temperature rarely to be met with. The record in this
series embraces observations made hourly for nine consecu-
tive months.-ED.

UdHC

PUBLISHED BY THE ANTI-ASSESSMENT COMMITTEE AND DISTRIBUTED GRATUITOUSLY.

EDITED BY E. MERIAM.]

NEW-YORK, JUNE 1, 1846.

The MAY No. of the Gazette containing the Constitution of Massachusetts, Connecticut and Vermont, &c. pg. 81 to 96 of the volume both inclusive, is issued to supply a vacant number in the volume in order that we may be able to place the entire volume complete in the hands of each of the members of the Convention as soon as they shall be organised for business. The present number contains some important facts in relation to the Montgomerie charter, copied from the volumes of copies of documents obtained in England, by Mr. BROADHEAD, and now in the State archieves.

by tax on the estates, real and personal, of the free-
holders and inhabitants of and situated within the said
city and county, and to be collected according to law,
to be applied towards defraying the expenses of po-
lice in said city and county. And also a further sum
of one hundred and ninety-one thousand one hundred
and ninety-three dollars eighty-two cents, by tax on
the estates, real and personal, of the freeholders and
inhabitants of and situated within the said city and
county, and to be collected according to law, to be
applied to supplying the deficiency in taxation in said
city and county for the year one thousand eight hun-
dred and forty-five. And also a further sum not ex-
ceeding one hundred and seventy-four thousand nine
hundred and sixty eight dollars, by tax on the estates,
real and personal, of the freeholders and inhabitants of
and situated within that pars ef the said city and coun-
ty of New-York, which is or may be designated by a
resolution or ordinance of the common council of the
said city of New-York as the Lamp district," to be
dollected according to law, and applied towards de-
fraying expenses of such parts of the said city last

66

mentioned.

ANNUAL TAX BILL.

We give below the annual Tax Bill. It authorises the assessment of the heaviest tax ever before imposed in the city of New-York. The necessity for such a tax does not exist. One half the sum authorised, properly expended, would be far more useful to the City than this great waste of money lavished upon political favorites.

A question of great importance arises under this act with respect to what particular personal property is assessable.

The act is special-has a local and not a general operation, and differs in that respect from the State Tax act. The act has been bunglingly drawn. It provides as follows: "to be collected according to law." As to the assessment of it, the provision is specialand no personal property is authorised to be assessed except of freeholders and inhabitants of the city and county whose real and personal estate is situate within the county.

The question then arises under section 5 of page 381 of the 1st volume of the Revised Statutes as to the oath. If the person taxed declares that he is worth only a certain sum named in the affidavit over and above his just debts and property exempted from taxation, and he includes in this exemption all his personal estate without the county of New-York, whether such a construction is right?

The counsel of the corporation, Mr. Brady (whose course so far in office has been greatly approbated on account of his honesty of purpose and careful compliance with law) should instruct the assessors in this. No. 282. IN ASSEMBLY March 5, 1846. Introduced by Mr. ALBERTSON. AN ACT

To enable the supervisors of the city and county of
New-York to raise money by tax.
The People of the State of New-York, represented in
Senate and Assembly, do enact as follows:

SEC. 1. The mayor, recorder and aldermen of the city of New-York, as the supervisors of the chay and county of New-York, of whom the mayor or recorder shall be one, are hereby empowered, as soon as conveniently may be after the passage of this act, to order and cause to be raised by tax, on the estates, real and personal, of the freeholders and inhabitants of and situated within the said city and county, and to be collected according to law, a sum not exceeding nine hundred and sixty thousand one hundred and sixtytwo dollars, to be applied towards defraying the various contingent expenses legally chargeable to the said city and county, and such expenses as the mayor, aldermen and commonalty of the city of New-York may in any manner sustain or be put to by law. Such portion of the contingent expenses of the said city of New-York as relates to re-paving and cleaning streets in that part of the said city lying south of a line running through the centre of Thirty-fourth street, shall be assessed only that part of the said city lying south of the said line. And also the further sum not exceeding four hundred and twenty-eight thousand dollars,

CITY CONVENTION.
No. 341.

IN ASSEMBLY March 24, 1846.
Introduced by Mr. STEVENSON.
AN ACT
To provide for the calling of a convention to amend
the charter of the city of New-York.

The People of the State of New-York, represented in
Senate and Assembly, do enact as follows:
SECTION 1. An election shall be held in the city of
New-York on the first Monday of June ensuing the
delegates
passage of this act, for the selection of

in each ward of said city, to a county convention for
revising and amending the charter of the said city of

New-York.

§ 2. The delegates chosen to this convention shall be chosen as representatives from each ward, each delegate representing ten thousand inhabitants; and if any ward have, in addition to this ratio, a fraction of six thousand and upwards, one representative shall be allowed to be chosen for said fraction: but each of the present wards of the city of New-York, without regard to its population, shall be allowed one representative in said convention.

3. Notice of such election shall be given, and the same shall be conducted in the manner now provided by law in regard to the charter elections in the city of New-York, and the name of each delegate voted for shall be written or printed, or partly written and partly printed upon each ballot, and the ballot shall be endorsed "Delegates to the Convention," and a separate box for the deposite of such ballots shall be kept by the inspectors of each election district in the several wards of the said city. The result of such election shall be ascertained and certified in the manner now provided in the act regulating charter elections in said city.

§ 4. All the provisions of law for the purity of elections in the city of New-York shall apply to the election held under this act; and all false swearing at said election shall be deemed and punished as perjury.

5. The delegates to be chosen under this act, shall meet in the city of New-York on the first Monday of July next, at the chamber of the board of aldermen, and shall then, or as soon after as may be practicable, organize and adopt rules for their government. They shall complete their business so that any charter or amendments adopted by them, may be submitted to the electors of the city and county of New York, as in the next section provided.

[VOL. I....No. 41

6. The charter or amendments adopted by the convention to be organized under this act, shall be submitted to the electors of the city and county of New-York, each provision separately at the election to be held in the said city on the first Tuesday after the first Monday of November, in the year one thousand eight hundred and forty-six; and such amendments as may be approved by a majority of said electors at said election, shall thenceforth be incorporated in, and form a part of the charter of the city of New-York. And if an entirely new charter be submitted to the electors at said election, the same shall, upon being adopted by a majority of said electors, become the charter of the city of New-York. The tickets to be used at the election to be held under this section, shall be prepared in such form as the said convention may direct.

7. The expenses of the election of delegates held under this act, and all expenses attending the convention, shall be paid out of the treasury of the city of New-York. The proceeding of the convention shall be filed in the office of the clerk of the county, when duly certified to by the pressding officer and secretary or secretaries of said convention.

8. The members of the convention shall have power to provide for their own pay, which shall not exceed one dollar and fifty cents per day for every day actually in session.

[Amended...See page 556.]

TAX UPON ACTUAL CAPITAL.

The following bill was reported in the Senate. The same bill has been three times reported in the same form, and yet remains dormant.

No. 16.

IN SENATE, January 16, 1846. [Reported by Mr. Porter, from the Committee on Finance.]

An Act to amend the Revised Statutes in relation to the exemption of incorporated companies from taxation, and for other purposes.

The People of the State of New-York, represented in Senate and Assembly, do enact as follows: Section 1. Section nine of title four, of chapter thirteen of part one of the Revised Statutes, which authorizes the exemption of incorporated companies in certain cases from taxation, is hereby repealed.

2. All banks established under the act entitled "An act to authorize the business of Banking," passed April 18, 1838, shall be subject to taxation on the amount of capital paid in or secured to be paid, in the same manner as incorporated banks; and the proper officer or officers of such banks shall make an annual statement to the Comptroller and the assessors in the manner provided by the second section of title four, chapter thirteen, of the first part of the Revised Stat

utes.

3. The provisions of the fifteenth section of the second title of the thirteenth chapter of the first part of the Revised Statutes, shall be extended to all such banks, and to all incorporated companies subject to taxation, and the affidavit in such case may be made by the president, cashier, secretary, or treasurer thereof; and such banks and incorporated companies shall be assessed on the actual value of all their real and personal estate at the time of making such assessment; and all provisions of law which are inconsistent with this act are hereby repealed. The proper officer or officers of such banks and incorporated companies shall make and deliver to the assessors an annual statement of the amount of all their real and personal estate in the manner required by section two, title four, chapter thirteen, of the first part of the Revised Statutes.

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