Chamberlain of all moneys borrowed and received by virtue of this ordinance, and the same shall be applied to and used only for the purposes specified in the first section of chapter 408 of the Laws of 1860.

An Ordinance to provide means for extending the area of the Cen tral Park. (Passed June 8, 1863.)

The Mayor, Aldermen, and Commonalty of the city of New York do ordain as follows:

§ 1. In order to provide the necessary means to pay for the lands acquired for the purpose of extending and enlarging the Central Park, in pursuance of the provisions of chapter 101 of the Laws of 1859, and the taxed costs and expenses incurred in acquiring said lands, there shall be, and hereby is, created a public fund or stock, to be called and known as "The Central Park Additional Fund Stock," for the sum of ten hundred and fifty thousand dollars, which shall bear interest at a rate not exceeding six per centum per annum, payable quarter-yearly, on the first days of February, May, August, and November in each year, from moneys raised by taxation or received from other sources, and which may lawfully be applied to such purpose; and the principal shall be redeemable on the first day of November, in the year 1874, from the Sinking Fund for the Redemption of the City Debt.

§ 2. It shall be the duty of the Comptroller, from time to time, to invite sealed proposals for the purchase of such portion of the said stock as he shall deem expedient, at not less than the par value thereof, by advertisement in the newspapers by law authorized to advertise the acts and proceedings of the Corporation, for the period of fifteen days; and the proposals or bids received therefor in pursuance of such invitation shall be publicly opened at the office of the Comptroller at the time specified and appointed in the advertisement for that purpose.

§ 3. The Comptroller shall determine which and what portion of said proposals or bids shall be accepted; and upon payment to the Chamberlain of the respective amounts by the persons whose bids are accepted, and the presentation of his receipts therefor, it shall be the duty of the Comptroller to deliver proper certificates therefor, which shall be signed by the Comptroller and countersigned by the Mayor; provided that no certificate shall be issued for a sum less than one hundred dollars.

§ 4. The stock created and to be issued in pursuance of this ordi

nance shall be transferable only upon the books of the Corporation, at the office of the Comptroller, by the appearance in person or by attorney of the holders thereof at said office, and the surrender of the proper certificates; but no new certificate for stock so transferred shall be delivered until the former one shall be effectually canceled.

§ 5. For the payment of said stock so to be issued and the interest thereon, as herein expressed and provided, the faith of the Mayor, Aldermen, and Commonalty of the city of New York, and also the land so acquired, are hereby solemnly and irrevocably pledged; and it shall be the duty of the Comptroller to redeem the said stock at its maturity.

§ 6. Separate accounts shall be kept by the Comptroller and the Chamberlain of all moneys borrowed and received by virtue of this ordinance, and the same shall be applied exclusively to the purpose specified in the first section hereof.

Whereas, The Legislature of this State, by an act to provide for the payment of officers, clerks, and others employed in the several departments in the city and county of New York, passed March 3, 1865, enacted that it should be lawful for the Comptroller of the city of New York to pay officers, clerks, and others holding offices under or in the employ of the city and county governments, and authorized the Comptroller to raise the necessary funds upon Revenue Bonds of the City of New York; therefore, be it

Resolved, That the Comptroller be authorized to borrow on such bonds the amounts necessary to pay the sums now due or which may hereafter become due until provision is otherwise made therefor, for cleaning the streets of the city, and to pay the same. (Passed March 28, 1865.)

Resolved, That the offer of James B. Taylor, bearing date the third day of November, 1862, for the sale to the Corporation of the city of New York of all that block of land bounded northerly by Twelfth street, easterly by West street and Tenth avenue, southerly by Gansevoort street, and westerly by Thirteenth avenue and the North river, together with all the water-rights, privileges, and immunities (as the same were conveyed to Joseph B. Varnum by the Mayor, Aldermen, and Commonalty of the city of New York, by deed, bearing date

December 27, 1852), be, and the same is hereby, in all respects, accepted for the use and purposes of a market; and the said Mayor, Aldermen, and Commonalty hereby agree to pay for such premises the sum of one hundred thousand dollars, together with the value of filling in and making said land, at thirty-one and one-quarter cents per cubic yard for one million three hundred and eighty-seven thousand cubic yards, making in all the sum of five hundred and thirty-three thousand four hundred and thirty-seven dollars and fifty cents, which sum shall be paid in one of the modes designated in said offer on receiving the deed of said premises pursuant to said offer.

Resolved, That the Comptroller be, and he is hereby, required and directed to carry out and complete the purchase of the premises described in the offer of James B. Taylor, bearing date November 3, 1862, addressed to the Mayor, Aldermen, and Commonalty of the city of New York, for the uses and purposes of a market for the Corporation of said city; and that upon the execution and delivery to him of a good and sufficient deed of the same, properly executed by all parties who appear on record to be the owners of said premises, or any part thereof, by title derived from or through Joseph B. Varnum, named in said offer, and free from incumbrances except as in said offer stated, the said Comptroller is hereby directed to pay to said Taylor, or the representatives of the owners of said property, the sum of five hundred and thirty-three thousand four hundred and thirty-seven dollars and fifty cents in the manner hereinafter provided; the Corporation also assuming the payment of the principal and interest of the mortgage given and executed to the said Mayor, Aldermen, and Commonalty by said Joseph B. Varnum for a portion of the purchase money of said premises, and also all taxes and assessments upon or affecting said premises.

Resolved, That the Comptroller be, and he hereby is, authorized and directed, in payment of said purchase money, and on the receipt of said conveyance, to execute and deliver to said James B. Taylor, or the representatives of the owners of said property, the corporate bonds of the city to the amount of said purchase money in sums of not less than one thousand dollars each, the principal of which shall be payable in not exceeding ten years from the date of the delivery of said conveyance, and to bear interest from the same date at the rate of six per cent. per annum, payable quarterly.

Resolved, That the faith of the said the Mayor, the Aldermen, and

Commonalty of the city of New York shall be deemed to be, and the same hereby is, irrevocably pledged for the payment of the principal and interest of such bonds as shall be issued pursuant to the foregoing resolution as the same shall respectively become due and payable. (Passed January 3, 1863.)

CITY RAILROADS.

ORDINANCES AND RESOLUTIONS RELATING TO THE DIFFERENT LINES OF RAILROADS RUNNING THROUGH THE STREETS OF THE CITY. Be it ordained, &c., That the grantees of all railroads within the city, their associates and successors, shall, in the construction, alterations, and repairs of such railroads, at all times, furnish such new work, make such additions, and do all such repairs to man-hole heads and covers, receiving-basins and stop-cocks and covers, and generally of all fixtures connected with sewers and the distribution of Croton water, as may, in the process of laying down such rail tracks, be affected thereby; such additions, alterations and repairs to be done under the direction of and to the satisfaction of the Croton Aqueduct Department; and that in no case shall such rail-tracks be laid over the line of Croton water mains, stop-cocks, or sewer man-holes. (Ordinance, May 16, 1853.)

THE HARLEM RAILROAD.

Resolved, That the maps presented by the New York and Harlem Railroad Company, so far as the same locate the route of the said railroad from the north side of Twenty-third street through the center of the Fourth avenue to Harlem river, and the branch of the same through the center of One Hundred and Twenty-fifth street from the Fourth avenue to the Hudson river, be approved, upon condition that neither this approval nor anything herein contained shall be construed into a consent to the said Company to construct the said railroad; but that the said Company shall first obtain the consent of the Mayor, Aldermen, and Commonalty of the city of New York before they commence the construction of said road. (Resolution, Oct. 11, 1831.)

A Law to authorize the New York and Harlem Railroad Company to construct their railway.

§ 1. Be it ordained, &c., That the New York and Harlem Railroad

* Resolutions as to laying of bridges, and others which do not affect the general regulations of the roads, have been omitted. The provisions here incorporated have been inserted as matters of general interest.