2006 New York Code - 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.