Page:1883 Annual Report of the German Society of the City of New York.djvu/80

Rh "An Act to revive and continue the Act entitled 'An Act to incorporate the German Society in the City of New York,' " is hereby amended so as to read as follows:

§ 1. George Arcularius, Martin Hoffmann, F. C. Schaeffer, Theodore Meyer, J. W. Schmidt, Jacob Lorillard, J. P. Groshon, Anthony Steenback, F. W. Geissenhainer, George Meyer, and Philipp Hone, and such other persons as on the third day of April, one thousand eight hundred and twentyfive, were, or from time to time have become members, shall be and hereby are constituted a body corporate and politic forever hereafter, by the name of the "German Society of the City of New York;" and that by that name they shall have perpetual succession, and shall be persons capable of suing and being sued, pleading and being impleaded, answering and being answered unto, defending and being defended, in all courts and places whatsoever, and all manner of action and actions, suits, complaints, matters and causes whatsoever, and may have a common seal, and may change or alter the same from time to time, and shall be capable of purchasing, taking, holding and enjoying, to them and their successors, any real estate in fee simple or otherwise, any goods, chattels, and personal estate, or any part thereof, at their will and pleasure.* ''And also to accept and execute all trusts, and perform duties of every description not inconsistent with the laws of this State, as may be committed to it by any person or persons whatsoever, or by any corporation, or by order of the Supreme Court, or by a Surrogate, or by any Courts of Record. To take and accept by grant, assignment, transfer, devise or bequest, and hold any real or personal estate, on trusts created in accordance with the laws of this State, or of the United States, and execute such legal trusts in regard to same on such terms as may be declared, established or agreed upon in regard thereto;'' provided, always, that the funds of the said corporation shall never be diverted to any other than the charitable purposes stated in the preamble of this act; and provided, also, that the clear annual income of the real and personal estate of the said corporation shall never exceed the sum of three ** thousand dollars.