N.Y. Railroad Law § 145: Stocks of municipal corporations, how represented

§ 145. Stocks of municipal corporations, how represented. At any

meeting of the stockholders of any railroad corporation to consider any

agreement or proposition of consolidation, merger, lease or conveyance,

or other matter, the commissioners or other officers of any municipal

corporation holding or having charge of any of the capital stock of such

railroad corporation shall represent such municipal corporation, and may

act and vote in person or by proxy on all matters relating to such

consolidation or lease in the same manner as individual stockholders.