For the purposes aforesaid the said society shall possess the general powers and privileges and be subject to the general liabilities contained in the third title of the eighteenth chapter of the first part of the Revised Statutes, as far as the tame may be applicable, and may not have been modified or repealed; but tlhreal and personal estate which the said society shall be authorized to take, and hold, and convey, over and above its library, charts, maps, instruments and collections, shall not at any time exceed in value that w-hich does produce the clear yearly income of ten thousand dollars.

§ 8. The otFicers of said society shall be a President and as many Vice-Presidents, Secretai-ics and other otEcers as may from time to time be provided by the by-laws of the society.

§ 4. The said society for fixing the terms of admission of its members, for the government of the same, for clianging the olfice.'-s thereof and for the regulation and management of its transactions and affairs shall have power to form a cjde of b}--laws, not inconsistent with the laws of the State of New York or of the United Sfates: which code when formed and adopted at a regular meeting shall, until mollified or rescinded, be equally binding as the Act upon its officers and members.

§ 5. The Legislature may at any time alter or repeal this Act.

§ 6. This Act shall take effect immediately.

The first officers were : President, Ed. F. Delancy ; Vice-Presidents, Rev. Robt. Bolton, Isaiah WiUiams, Rev. Chas. E. Lindsley, Robt. 1'. Getty, Ed. Willis; Rec. Secretary, Isaac Wright; Corresptvidiiig Sec, Rev. Robt. Bolton; ForeigJi Corresp. Sec, J J'. Coventry H. Waddle; Treas., Ed. J. Carpenter ; Librarian and Curator, Wm. E. Tibbits