Matter of Craig v. . Matthews

143 N.E. 800, 238 N.Y. 88, 1924 N.Y. LEXIS 652
CourtNew York Court of Appeals
DecidedApril 8, 1924
StatusPublished
Cited by4 cases

This text of 143 N.E. 800 (Matter of Craig v. . Matthews) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Matter of Craig v. . Matthews, 143 N.E. 800, 238 N.Y. 88, 1924 N.Y. LEXIS 652 (N.Y. 1924).

Opinion

Hiscock, Ch. J.

These appeals comprehend part of a rather bitter controversy which has arisen between different members of the Board of Commissioners of the Sinking Fund of the City of New York in respect of their various duties and powers. They will be considered in the order above stated, since the first appeal involving the right to possession of records, documents, conveyances, and so forth, as between the Comptroller and the other members of the Board is much the more important.

Sinking Funds and a Board of Commissioners of the Sinking Fund early became a part not only of the government of the former City of New York but also of one or more other cities which later became consolidated with it into the present City of New York and new sinking funds were created by the present charter. It will not be necessary for the purpose of discussing the questions before us to make any general review of all of the statutes and ordinances pertaining to this subject, but such review may be limited to comparatively few.

In 1844 the authorities of the City of New York adopted an ordinance pertaining to this subject which has been to such an extent continued and perpetuated in the charter and ordinances governing -the present city that it is not inappropriate to summarize its provisions quite extensively.

It consisted of five titles. The first title appropriated certain revenues to a fund called Sinking Fund of the City of New York for the redemption of the City debt.” *92 The second one appropriated certain revenues to a fund to be called “ The Sinking Fund of the City of New York ” for the payment of interest. The third title designated the officers of the city who should constitute a board to be known as “ The Commissioners of the Sinking Fund of the City of New York ” and of whom the Comptroller was one. It designated various powers to be possessed and various duties to be discharged by said Board and then contained certain provisions which are especially' discussed in this controversy. It provided “Any four or more of the persons named in the first section of this title [the persons already referred to as constituting the Commissioners of the Sinking Fund] of whom the Comptroller shall be one, shall be and are hereby authorized to discharge the trusts and duties vested in them by this ordinance; ” also that it should “ be the duty of the Comptroller to keep a correct journal of the proceedings of the said Commissioners to be verified by any four of them, himself being one, and once in each year or oftener if required to render unto the Common Council the fúll and detailed report of the proceedings of the said Commissioners,” the ordinance then specifying in considerable detail what should be contained in said report. Title 4 amongst other things provided that the Comptroller should take charge of the real estate belonging to the corporation, should “ keep all title deeds, leases, bonds and mortgages and other assurances of title and all certificates of stock belonging to the Sinking Fund,” should “ superintend the collection of all rents, interest and the moneys due the said Sinking Fund and * * * direct all necessary measures to compel the payment of them and report the condition of the same to the Common Council quarterly.” Title 5 treated of the valuation at which real estate belonging to the Sinking Fund might be sold.

The Greater New York charter provided for the continuance and erection of certain sinking funds, for a *93 Board of Commissioners of the Sinking Fund composed of the same officials as stated in the ordinance of 1844 of whom the Comptroller should be one, for the discharge by said board of various duties, some of which were new and scarcely connected with the administration of ■ any sinking fund, and provided that “ The funds to be known as ‘The Sinking Fund of the City of New York’ and ‘ The Water Sinking Fund of the City of New York ’ as hereinafter constituted shall be administered by the Commissioners of the Sinking Fund in like manner as provided by the ordinance of * * * 1844 [herein-before referred to] so far as the same may be applicable.”

In 1915 there was passed a new ordinance dealing with the city debt and sinking funds and quite largely following the provisions of the ordinance of 1844. Article 1 of this ordinance specified the sources of income from which the Sinking Funds respectively for the redemption of the city debt and for the payment of interest should be created, imposed certain duties upon the board as a whole and certain duties upon the Comptroller alone and amongst which were the ones that he should “ superintend the collection of all rents, interest and demands due to the sinking funds and direct all necessary measures to compel the payment of them, and report the condition of the same to the Board of Aldermen quarterly; ” that he should “ keep a correct journal of the proceedings of the Board of Commissioners of the Sinking Fund to be authenticated by the secretary of the board by his signature and once in each year or oftener if required * * * shall render unto the Board of Aldermen a full and detailed report of the proceedings of the board.” The article also contained the provisions that any four or more of the members of the Board of Commissioners of the Sinking Fund as constituted by the charter, “ of whom the Comptroller shall be one, shall be and are hereby authorized to discharge the trusts and duties vested in them by this article.”

*94 Article 3 provided that the Comptroller should." superintend all real estate of the city and report to the Board of Aldermen all encroachments thereon. He shall direct and superintend the collection of all rents or other moneys due to the city.” He was also directed to “ keep on file in his office all title deeds, leases, bonds, mortgages or other assurances of title except such as are directed by law and ordinance to be deposited elsewhere.” By article 6 it was provided that the Comptroller should “ keep on file in his office all evidences of debt, contracts, bonds of indemnity, official bonds and all certificates of stock belonging to the sinking fund except such as are directed by law or ordinance to be deposited elsewhere,” and he was enjoined to " direct legal proceedings to be taken when necessary to enforce payment of rents or other debts due to the corporation or to obtain possession of premises to which the corporation is entitled.”

In the light of these charter provisions and ordinances we come to the consideration of the questions which have been discussed on this appeal. These are two in number. The first is the one whether the Board of Commissioners of the Sinking Fund without the concurrence or presence of the Comptroller has the power to appoint a secretary. While this question may not be directly involved in the appeal we have thought it -wise to consider it with the possibility of removing the occasion for disputes and smoothing out the rather tempestuous path which this Board seems to have been traveling.

We have no doubt that in the absence of express prohibition such a Board has the power to designate one of its own members or an outsider for the purpose of discharging ordinary secretarial duties such as keeping minutes of its proceedings, conducting correspondence and preserving the custody of records and papers which may be lodged with the Board.

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Cite This Page — Counsel Stack

Bluebook (online)
143 N.E. 800, 238 N.Y. 88, 1924 N.Y. LEXIS 652, Counsel Stack Legal Research, https://law.counselstack.com/opinion/matter-of-craig-v-matthews-ny-1924.