New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-19
ALBANY.
THE LEGISLATURE AT WORK IN RARNEsT--THE
NEW CONSTITUTION TO BE SUBMITTED NEXT

THE LEGISLATURE AT WORK IN RARNEsT-JrHE
NEW CONSTITUTION TO BE SUBMITTED NEXT
FALL. b.. -.-...r.. .rr
ALBANY. Feb. 1s.--The Legislature is at work in
earnest. The Senate to-day, after discussing the
Cornell University resolutions, disposed Of great
deal of business The Assembly passed about 40 bills,
among which was the one allowing towns to bond
themselves in aid of the Midland Railroad; an amend
ment to it was however adopted, which stated that
nothing in the act should authorize the City OF New
York to subscribe to the stock Of the road.
1.-The Senate, on motion of Mr.. Murphy, amended
the bill to submit the new Constitution, SO that it
would be given to the people the next annual cleo
tion Senator Foger acceded to this because he saw
there was not time to pass the bill that the Con-
stitution could be submitted this Fall. The matter
was then sent back to the Judiciary Committee, with
power to report complete, but TO incorporate the
amendments made in Committee of the Whole.
These amendments provided that the bill should be
submitted in four articessnirage. judiciary, taxa
ton, and the balance of the articles together.
The question Of the recess has been settled by the
Senate agreeing to adjourn from tomorrow until
next Monday The House will agree to this, and it
Is then probable another resolution will pass adjourn
ing from tomorrow week to the Monday week fol-
lowing. ..... r...
Mr.. j. Bancroft D. Davis has drawn up, and Mr..
Jacobs introduced bill to facilitate the formation
and the changing of names of corporations 1t
amends the law in force so that any time here
after three or more persons who may determine to
form company for the purpose Of carrying on any
business which may be lawfully carried on in this
State, may make, sign and acknowledge, before
some officer competent to take the acknowledgment
of deeds and file in the Office Of the Clerk of the
County in which the business shall be carried on
and duplicate thereof in the Office of the Secretary
of State in which shall be stated the corporate
name of the said company. and the objects for which
the company shall be formed the amount OF capital
stock the term of its existence not, to exceed fifty
years the number of shares of which the stock shall
consist the number of trustees and their names who
shall manage the concerns of the company for the
first year, and the names of the town and county In
which the operations to be carried on But there
shall not DO organized under the act any bank
savings bank, nor any corporation doing business
for the transaction of which corporations may be or
ganized under any other law of the Legislature The
act for the incorporation of Benevolent, Charitable
Scientific, and Missionary Societies is amended
SO that it reads that If any five or
more persons, resident of the State, desire to
associate themselves together for benevolent.
charitable literary scientific missionary, historical
social or musical purposes they may make, sign, and
acknowledgements or afidavits to be used in the
State, a certificate in writing, in which shall be
stated the name OF titles by which such society shall
be known in law the particular business and objects
of such society," the number Of trustees, directors or
managers to manage the same. and the names of the
trustees directors OF managers of such society for
the first year of its existence. and may le such GER
cate in the office of the Clerk Of the Courts upon OBJ
tanning the written consent and appreciation OF OF
the Judges of the Supreme Court of the District 1t is
made lawful for any Justice of the Supreme Court OF
the District in which any corporation has its princi
pal place of business upon application OF the di-
rect0rs of such corporation, and upon proof OF the
necessity thereof and upon notice to the Stockholm
ers as said Justice may direct to authorize such
corporation to increase the amount Of its real per-
sonal estate or BOTH or of its capital stock to an
amount to be determined and settled by such JUS
tice in the order authorizing the same; and upon
filing the said order in the Office of the County Clerk,
such corporation may increase its property or its
capital stock. The bill further applies to corpora
tions tho act authorizing persons to change their
names This bill passed VIII rob the Legislature of
onethird of the bills general orders increase the
chances of sine die adjournment on expiration OF
the 100 days and save Gov. Hoffman writing many
vetoes.
Ex-Assemblyman Harris of Kings County has been
in Albany all the week looking after the interests OF
the people of Long Island. That island has probably
more legislation before the Legislature than any i've
counties put together in the whole State. Brooklyn
especially, has bills without number, principally to
open, pave and close streets, and change the fire
laws
The Senate has consumed the best part of two days
in considering resolution authorizing the loaning
of arms TO tho Cornell University fer the of the
military cadets. The State lost as much money by
the wasting of its time as 1t would have expended i
il had bought arms and made them present to the
University.
A resolution of Mr.. Creamers. appointing Specia
Committee of Seven TO investigate the management
Of the schools in NewYork City, passed the Senate
this morning. with but little opposition. The exac
motives of Mr. Dreamer are not known to your CORE
spondent but it probable that it springs from the
late contest over the Clerk of the Board of Education
During that brief fight the Tammany chiefs were
divided in their preferences. Messrs. Tweed Geo
W. Mclean, and A. Oakley Hall supported Mr. Boese
while Mr.. Hitchmans claims were pressed by Peter
b. Sweeney, Controller Connolly, and Sheriff O'Brien
The latter party were worsted.
The Senate Finance Committee have reported FOL
the consideration Of the Senate Mr.. 0'Donnelps bill
To assess corporations 1t il claimed that il it il
passed, and its provisions rigidly enforced, the
Treasury of the State will be replenshed to an
enormous extent. The following is the billi
SECTION l. The stockholders In every corporation or
joint stock association, express telegraph or nayga
tOn company chartered organized under general or
special laws OF this state OF the United States shall
hereafter be assessed and taxed the value OF their
OF stock therein; the sum total and the value
thereof being determined by the Controller as pro-
yded for In this act at the rate per cent as other
property OF the State IA taxed for State purposes,
but not ut greater than assessed upon other
moneyed capital in the hands OF individuals In this
State aud the State tax hereinbef0re deternlned
after adding one per cent thereto for collection shall
-. ti,.nr tln daY OF JanuarY In each