upon satisfactory evidence that the requirements for the issuance of such license were substantially the equivalent of the requirements in force in this State when such license was issued, and that the applicant has been in the lawful and reputable practice of his profession for a period of not less than five years prior to his making application for such indorsement. When the evidence presented is not satisfyingly sufficient to warrant the indorsement of such license, the Board of Regents may require that the candidate for indorsement shall pass such subjects of the licensing examination specified by statute or Regents' rule as should be required of the candidate to establish his worthiness to receive such indorsement. [Amended by L. 1917, ch. 357, in effect May 4, 1917.]

§ 52 Extension of educational facilities. The Regents may extend to the people at large increased educational opportunities and facilities, stimulate interest therein, recommend methods, designate suitable teachers and lecturers, conduct examinations and grant credentials, and otherwise organize, aid and conduct such work. And the Regents, and with their approval the Commissioner of Education, may buy, sell, exchange and receive by will, or other gift, or on deposit, books, pictures, statuary or other sculptured work, lantern slides, apparatus, maps, globes, and any articles or collections pertaining to or useful in and to any of the departments, divisions, schools, institutions, associations or other agencies, or work, under their supervision, or control, or encouragement, and may lend or deposit any such articles in their custody or control, when or where in their judgment compensating educational usefulness will result therefrom; and may also, from time to time, enter into contracts desirable for carrying into effect the foregoing provisions.

§ 53 Departments and their government. The State Library and State Museum shall be departments of the University, and the Regents may establish such other departments and divisions therein as they shall deem useful in the discharge of their duties.

§ 54 State Museum; how constituted. All scientific specimens and collections, works of art, objects of historic interest and similar property appropriate to a general museum, if owned by the State and not placed in other custody by a specific law, shall constitute the State Museum, and one of its officers shall annually inspect all such property not kept in the State Museum rooms, and the annual report of the Museum to the Legislature

shall include summaries of such property, with its location, and any needed recommendations as to its safety or usefulness. The State Museum shall include the work of the State Geologist and Paleontologist, the State Botanist and the State Entomologist, who, with their assistants, shall be included in the scientific staff of the State Museum.

§ 55 Collections made by the staff. Any scientific collection made by a member of the Museum staff during his term of office shall, unless otherwise authorized by resolution of the Regents, belong to the State and form part of the State Museum.

§ 56 Indian collection. There shall be made, as the Indian section of the State Museum, as complete a collection as practicable of the historical, ethnographic and other records and relics of the Indians of the State of New York, including implements or other articles pertaining to their domestic life, agriculture, the chase, war, religion, burial and other rites or customs, or otherwise connected with the Indians of New York.

§ 57 Institutions in the University. The institutions of the University shall include all secondary and higher educational institutions which are now or may hereafter be incorporated in this State, and such other libraries, museums, institutions, schools, organizations and agencies for education as may be admitted to or incorporated by the University. The Regents may exclude from such membership any institution failing to comply with law or with any rule of the University.

§ 58 Visitation and reports. The Regents, or the Commissioner of Education, or their representatives, may visit, examine into and inspect, any institution in the University and any school or institution under the educational supervision of the State, and may require, as often as desired, duly verified reports therefrom giving such information and in such form as the Regents or the Commissioner of Education shall prescribe. For refusal or continued neglect on the part of any institution in the University to make any report required, or for violation of any law or any rule of the University, the Regents may suspend the charter or any of the rights and privileges of such institution.

§ 59 Charters. Under such name, with such number of trustees or other managers, and with such powers, privileges and duties, and subject to such limitations and restrictions in all respects as the Regents may prescribe in conformity to law, they

may, by an instrument under their seal and recorded in their office, incorporate any university, college, academy, library, museum, or other institution or association for the promotion of science, literature, art, history or other department of knowledge, or of education in any way, associations of teachers, students, graduates of educational institutions, and other associations whose approved purposes are, in whole or in part, of educational or cultural value deemed worthy of recognition and encouragement by the University. No institution or association which might be incorporated by the Regents under this chapter shall, without their consent, be incorporated under any other general law.

§ 60 Provisional charters. On evidence satisfactory to the Regents that the conditions for an absolute charter will be met within a prescribed time, they may grant a provisional charter which shall be replaced by an absolute charter when the conditions have been fully met; otherwise, after the specified time, on notice from the Regents to this effect, the provisional charter shall terminate and become void and shall be surrendered to the Regents. No such provisional charter shall give power to confer degrees.

§ 61 Conditions of incorporation. No institution shall be given power to confer degrees in this State unless it shall have resources of at least five hundred thousand dollars; and no institution for higher education shall be incorporated without suitable provision, approved by the Regents, for educational equipment and proper maintenance. No institution shall institute or have any faculty or department of education in any place or be given power to confer any degree not specifically authorized by its charter; and no corporation shall, under authority of any general act, extend its business to include establishing or carrying on any educational institution or work, without the consent of the Board of Regents. § 62 Change of name or charter. 1 The Regents may, at any time, for sufficient cause by an instrument under their seal and recorded in their office, change the name, or alter, suspend or revoke the charter or incorporation of any institution which they might incorporate under section 59, if subject to their visitation or chartered or incorporated by the Regents or under a general law; provided that, unless on unanimous request of the trustees of the institution, no name shall be changed and no charter shall be altered, nor shall any rights or privileges thereunder be suspended or repealed by the Regents,

till they have mailed to the usual address of every trustee of the institution concerned at least thirty days' notice of a hearing when any objections to the proposed change will be considered, and till ordered by a vote at a meeting of the Regents for which the notices have specified that action is to be taken on the proposed change.

2 Any notice to a trustee whose address is not readily ascertainable, may be mailed to him in care of the institution.

§ 63 Liquidation of affairs of educational institutions. Whenever any educational corporation subject to the visitation of the Regents, chartered or incorporated by the Regents or under a general law, shall cease to act in its corporate capacity or shall have its charter revoked by the Regents, it shall be lawful for the Supreme Court of this State, upon the application of the majority of the trustees thereof, in case said court shall deem it proper so to do, to order and decree a dissolution of such educational corporation, and for that purpose to order and direct a sale and conveyance of any and all property belonging to such corporation, and after providing for the ascertaining and payment of the debts of such corporation, and the necessary costs and expenses of such sale and proceedings for dissolution, so far as the proceeds of such sale shall be sufficient to pay the same, such court may order and direct any surplus of such proceeds remaining after payment of such debts, costs and expenses, to be devoted and applied to any such educational, religious, benevolent, charitable or other objects or purposes as the said trustees may indicate by their petition and the said court may approve.

Such application to said court shall be made by petition, duly verified by said trustees, which petition shall state the particular reason or causes why such sale and dissolution are sought; the situation, condition and estimated value of the property of said. corporation, and the particular object or purposes to which it is proposed to devote any surplus of the proceeds of such property; and such petition shall, in all cases, be accompanied with proof that notice of the time and place of such intended application to said court has been duly published once in each week for at least four weeks successively, next preceding such application, in a newspaper published in the county where such corporation is located.

In case there shall be no trustees of such educational corporation residing in the county in which such corporation is located, such

application may be made and such proceedings taken by the Board of Regents of the University of the State of New York. This section shall not apply to the dissolution of an academy incorporated under the laws of this State and having a capital stock. [Former § 63 repealed; new § 63 added by L. 1911, ch. 860.]

§ 64 Dissolution of incorporated academy by stockholders. 1 Meeting to consider application for dissolution, when to be called. The trustees of any academy incorporated under the laws of this State and having a capital stock, may, and upon the written application of any person owning or lawfully holding one-third of the said capital stock, must call a general meeting of the stockholders of the said academy, as hereinafter provided, for the purpose of determining whether or not such incorporated academy shall surrender its charter and be dissolved and its property distributed among the stockholders thereof. 2 Notice thereof, how published. The notice for such general meeting must state the object thereof and be subscribed by the chairman or other acting presiding officer and the secretary or acting secretary of the said corporation or board of trustees; it shall be published once a week for three successive weeks prior to such meeting in a daily or weekly newspaper published in the place where the said academy is located; or if there be no such paper, then in a daily or weekly paper published within the county, if there be one, or, if not, in an adjoining county to that in which such academy is located.

3 Vote requisite for surrender of charter and dissolution. Whenever, at a meeting of the stockholders called as hereinbefore provided, any person or persons holding or qualified to vote upon a majority of the capital stock of such incorporated academy shall vote to surrender the charter thereof and to dissolve the corporation, the trustees of such academy, or a majority of them, must make and sign a certificate of such action, cause the same to be properly attested by the officers of the corporation and file the same, together with a copy of the published notice for the meeting at which such action was taken, and due proof of the publication thereof, in the office of the Board of Regents of The University of the State of New York and thereupon, if the said proceedings shall have been regularly conducted as above prescribed, the charter of said corporation shall be deemed to be surrendered and the said corporation dissolved.

4 Powers of trustees of academies upon dissolution. Upon the