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priated or used in any manner other than for such payment and
If the income of any such fund in any year is more than a Excess sum which, if annually added to such fund would, with the fund and its accumulations as aforesaid, retire the debt at maturity, the excess income may be applied to the interest on the debt for which the fund was created.
After any sinking fund shall equal in amount the debt for Sinking which it was created no further contribution shall be made thereto equaling except to make good any losses ascertained at the annual appraisals above mentioned, and the income thereof shall be applied to the payment of the interest on such debt. Any excess in such income not required for the payment of interest may be applied to the general fund of the state.
The legislature may also by general laws provide means and Debts may authority whereby outstanding bonds of the state, for which sink- funded. ing funds are provided, may be exchanged at par for cancellation, for serial bonds of the form authorized under section four of this article, upon such terms and conditions as to interest and otherwise as it may in its discretion authorize or determine, except that the debt as thus refunded shall finally mature no later and at no greater comparative cost to the state than the original debt; the determination of the legislature as to such comparative cost shall be conclusive. No further contributions to the respective sinking funds shall be made on account of bonds so exchanged and the proportion of any such sinking fund which the amount of the bonds so exchanged shall bear to the amount of bonds outstanding of the same issue may be appropriated, as required, for the payment of the substituted serial bonds.
pal of debts.
11. The legislature shall annually provide by appropriation for interest for the payment of the interest upon and instalments of principal and princ!- of all debts created on behalf of the state except those contracted under section two of this article, as the same shall fall due, and for the contribution to all of the sinking funds heretofore created by law, of the amounts annually to be contributed under the provisions of section five of this article. If at any time the legisla ture shall fail to make any such appropriation, the comptroller shall set apart from the first revenues thereafter received, applicable to the general fund of the state, a sum sufficient to pay such interest, instalments of principal, or contributions to such sinking fund, as the case may be, and shall so apply the moneys thus set apart. The comptroller may be required to set aside and apply such revenues as aforesaid, at the suit of any holder of such bonds. § 12. Debts hereafter authorized for the improvement of highways shall be created only in the manner provided in section four Debts here- of this article. No provision of this article shall be deemed to impair or affect the validity of any debt of the state heretofore contracted or any right or obligation heretofore created between the state and any of its civil divisions.
to people, 1920.
§ 2. Resolved (if the Assembly concur), That the foregoing amendment be submitted to the people for approval at the general election to be held in the year nineteen hundred and twenty, in accordance with the provisions of the election law.
ELECTION OF REGENT.
ALBANY, N. Y., February 12, 1919.
At a joint session of the Senate and Assembly of the State of New York, held in the Assembly Chamber in the City of Albany, Wednesday, the twelfth day of February, nineteen hundred and nineteen, in pursuance of law,
THOMAS J. MANGAN, of the City of Binghamton, County of Broome, Sixth Judicial District, was declared duly elected as a REGENT OF THE UNIVERSITY OF THE STATE OF NEW YORK, for a term of twelve years from the first day of April, 1919, in place of John Moore, of the City of Elmira, County of Chemung.
IN WITNESS WHEREOF, we have placed our hands and seals of the Senate and Assembly of the State of New York, this twelfth day of February, one thousand nine hundred and nineteen.
CEDING TO THE UNITED STATES JURISDICTION OF LANDS IN ERIE COUNTY.
KNOW ALL MEN BY THESE PRESENTS, That WHEREAS, By section 52 of article 4 of chapter 59 of the consolidated laws1 of the State of New York, it is provided that,
“Whenever the United States, by any agent authorized under the hand and seal of any head of an executive department of the government of the United States, shall cause to be filed and recorded in the office of the secretary of state of the state of New York, certified copies of the record or transfer to the United States of any tracts or parcels of land within this state, which have been acquired by the United States for any of the purposes aforesaid,” (i. e. the purpose of erecting thereon light houses, beacons, light house keepers' dwellings, works for improving navigation,) "together with maps or plats and descriptions of such lands by metes and bounds, and a certificate of the attorney-general of the United States that the United States is in possession of said lands and premises for either of the works or purposes afore said, under a clear and complete title, the governor of this state is authorized, if he deems it proper, to execute in duplicate, in the name of the state and under its great seal, a deed or release of the state ceding to the United States the jurisdiction of said tracts or parcels of land as hereafter provided;"
AND WHEREAS, The United States of America has caused to be filed and recorded in the office of the Secretary of State, by Roscoe House, Inspector of the Tenth Lighthouse District at Buffalo, New York, an agent duly authorized under the hand of the Secretary of Commerce and the Seal of the Department of Commerce, a certified copy of deed, dated January 29, 1917, between Laurence D. Rumsey and Jennie C. Rumsey, his wife and Bronson Rumsey and Elizabeth L. Rumsey, his wife, all of the City of Buffalo, County of Erie, and State of New York of
1 State law (L. 1909, ch. 59) intended. The state law is ch. 57 of the consolidated laws.
Deed Ceding Lands to the United States.
the first part and the United States of America, party of the second part, conveying an undivided two-thirds part, and a certified copy of a deed dated January 29, 1917, between Ansley Wilcox, Robert S. Donaldson and Arthur D. Bissell, as Executors of and Trustees under the last will and testament of Dexter P. Rumsey, deceased, late of the City of Buffalo, County of Erie and State of New York, of the first part, and the United States of America, of the second part, conveying an undivided one-third in and to the following described land:
All that piece or parcel of land situated in the Town of Grand Island, County of Erie and State of New York, bounded and described as follows:
Beginning at a point in the easterly fence line of River Road, marked by an iron pin, one hundred twenty-four and ninety-five one-hundredths feet north nine degrees forty-four and five-tenths minutes east true along said fence line from the southerly fence line of Lot Eleven, Township Twelve, Range Eight, of the Holland Land Company's survey, also sixty-one and fifty-eight one-hundredths feet southerly from a cross cut in northeast corner of concrete culvert; thence continuing along easterly fence line of River Road north nine degrees forty-four and five-tenths minutes east true forty feet to an iron pin; thence turning to the right ninety degrees and proceeding north ninety-nine degrees fortyfour and five-tenths minutes east true one hundred two feet to an iron pin; thence turning to the right ninety degrees and proceeding north one hundred eighty-nine degrees forty-four and fivetenths minutes east true forty feet to an iron pin; thence turning to the right ninety degrees and proceeding north, two hundred seventy-nine degrees forty-four and five-tenths minutes east true one hundred two feet to the point of beginning.
Also, all that piece or parcel of land situated in the Town of Grand Island, County of Erie and State of New York, bounded and described as follows:
Beginning at a point, marked by an iron pin, twelve hundred seven and three-tenths feet north fifty-six degrees thirty-one minutes east true from a wooden fence post set in concrete at corner of easterly fence line along River Road and southerly fence line of land owned by Laurence D. Rumsey, Bronson Rumsey and Estate of Dexter P. Rumsey in Lot Ten, Township Twelve, Range Eight, of the Holland Land Company's Survey, also six hundred