New-York tribune., 1876-02-03

hereby transferred and in II Ia hereby vested all the
powers and authority in any manner otherwise con-
ferred and vested, as 10 laying out opening "oennE'
sraghtening extending, altering and closing streets OF
avenues parts OF streets or avenues III sad cy Inc
said BOARD shall have exclusive authority in s matters
in relation to acquiring title in the name ana on pea
the Mayor Aldermen, and Commonalty OF the Wy OF
NewYorE to snGs or fhe purpose @ Of opening any
and ali streets roads avenues, public squares pa nu
places In said city, And All proeeedhgs now fd So% 81
and conducted, by said Board until ther hna ,
ton The said Board is aso anthorded 10 % rte m ] sre
and furnish for its use all such maps plans rones anu
diagrams as may be necessary 10 OF IN
for opening, widening, extending or ater any stret
road in said city, and no commissioners i ~
any such proceedings hereafter 10 he commenced ena
incur or cause 10 be incurred any expense i ior
plans maps prohles or diagrams or for comparing nS
proceedings The expense of commissioners
sha not exceed in the agegae os gSs,e sT The lin nea
of the street road or avenue or Ihr @ tba
necessary costs and charges ~ said Commissioners Tor
keeping proper minutes OF their proceeueSs; ana ro
and ann not exceeding 900 for stationery adyersne'
printing and posting necessary Sd noce /" isrrt
The same in The city Record end In any one desfna'eu
Corporation paper.
THE SINKING FUND.
The fund known az 1.-THE Sinking Fund of the city OF
Nev.York for the Redemption Of the City DEBIT shall
said fund of the bonds and stocks OF the city now payao
IN, refom shall form fund pledged for the payment OF
ALI the bonds and stocks Of said city and OF the County o
NewYork for which said city is liable other than rev
enue bonds issued in anticipation Of the revenue OF sd
city, anI Of the bonds and stocks OF the cy payaoe
from assessments All Of said ciy heretofore
pledged To and constituting said Sinking Fund shall con
time be pledged said fund until a!l or sld nos
and stocks OF the city shall he finally and fully redeemed
The fund known The sinking Fnnd or the Guy oi
New-NOrk for the payment Of the interest accIlhS anu
10 accrue upon the stocks O said city until the same NC
fully and finally redeemed" shall he continued anu,
after providing for the pay Incnt OF the interest," on NV
stocks and bonds Of SAID city now payable iherein,
snail form fund which is hereby transferred to Inc
Sinking Fund Of the City Of New-NOik for the redcu
10 he credited 10 the general fund ana an
Excise license fees shall. after the 3lSt uhN
of ID cember. 1876, be paid into and form part
OF the said SINKING fund Tor the payment o1 the clh
be. and Is hereby declared 10 he. contract tha the
funds and Of the city pledged TO tne shSne
fund for the redemption OF the city debt shai ne Jec
mulated and applied only 10 the purposes OF sad shAhg
fund until all of said debt il fully paid lnd redeemed
IL snail not lawful for any authority IN sad cty to
postpone bridge over the pay i1nl ol any Oh Hh nouS
stOcks
No head Of department chief OF bureau officer clerk,
regular cmplOyc department shall aItei tue
3ls day OF December, 1876 be paid his salary from the
sde from the proceeds OF bonds or stocks r me REM or
supplies for Offices Of any officer OF said CITY Inc
Board OF Estimate and Apportonmcnt shall provide Tor
all necessary expenses for the purposes Aforesaid ia r
annual estimate in the iIne manner ~ Oler q"
the City Government now provided for hOthing IN
this section contained snail be held ~ Apply 10 Revenue
bonds The proceeds thereof authorized tobc issued IN
anticipation of the taxes OF said city