N.Y. Public Authorities Law § 702: Ogdensburg bridge authority

§ 702. Ogdensburg bridge authority. A board to be known as "Ogdensburg

bridge authority" is hereby created. Such board shall be a body

corporate and politic constituting a public benefit corporation. It

shall consist of seven members who shall be appointed by the governor.

The terms of office of the members shall be five years except as

hereinafter provided. Of the two members first appointed to fill a

vacancy created by reason of the increase in the membership of the

authority to seven in number one shall be appointed for an initial term

of three years and one for an initial term of four years. Each of the

above terms provided for shall commence on the first day of January in

the year in which the vacancy occurs. Each member shall hold office

until the appointment and qualification of his successor. An appointment

to fill a vacancy shall be for the unexpired term. The board shall elect

annually a chairman, a vice-chairman, a secretary and a treasurer of the

board. The members of the board shall not be entitled to compensation

for their services but shall be entitled to reimbursement for all

expenses necessarily incurred in the performance of their duties. The

powers of the authority shall be vested in and exercised by a majority

of the members of the board then in office. The board may delegate to

one or more of its members or to its officers, agents or employees such

powers and duties as it may deem proper. When all its liabilities shall

have been met and its bonds shall have been paid in full, all its rights

and properties, so far as the same are located in the United States of

America, including the right to charge tolls, shall be conveyed without

cost or expense to the state of New York, and all its rights and

properties so far as the same are located in the Dominion of Canada,

including the right to charge tolls, shall be conveyed without cost or

expense to the province of Ontario or otherwise disposed of in

accordance with the laws of the Dominion of Canada. The authority and

its corporate existence shall continue until all its liabilities shall

have been met and its bonds paid in full and until all its rights and

properties shall have been conveyed as hereinabove provided.