N.Y. General Municipal Law § 145: Subject to visitation of supreme court

§ 145. Subject to visitation of supreme court. All corporations

existing under this article, together with their books and vouchers,

shall be subject to the visitation and inspection of the justices of the

supreme court, or of any person or persons who shall be appointed by the

supreme court for that purpose; and it shall be the duty of the trustees

or a majority of them, in the month of December in each year, to make

and file in the office of the county clerk of the county in which the

interested city, village or town is situate, a certificate under their

hands, stating the names of the trustees and officers of such

corporation, with an inventory of the property, effects and liabilities

thereof, with an affidavit of the truth of such inventory and

certificate. Said trustees shall be entitled to such compensation as

said court shall fix. Said court shall also have power to control the

discretion of said trustees in determining what property may be demised

and for how long; also how much money may be invested and kept invested

on interest to produce an income for the purpose of aiding and

instructing children or to keep up and maintain the parks or libraries,

or either of such purposes; and also in a summary way to determine the

reasonableness of any rules and regulations, upon complaint of any

inhabitant of the interested city, village or town, and upon notice to

said trustees.