193 - Disposition of machinery on discontinuance of industry. - New York Statutes

§ 193. Disposition of machinery on discontinuance of industry. Whenever any trade or industry is discontinued at any state correctional institution and it appears to the satisfaction of the commissioner, that such trade or industry will not again be put in operation in any state correctional institution, he must report that fact to the comptroller, and at the same time furnish the comptroller with a schedule of the machinery, tools, apparatus and other appurtenances belonging to such trade or industry or used in connection therewith, and an estimate of the value of same, and also the quantity and value of the stock and manufactured product of such trade or industry then on hand, and the commissioner shall, with the approval of the comptroller, sell and dispose of all such unused and unnecessary machinery, tools, apparatus, stock and manufactured product. Said property shall be sold as provided in section one hundred seventy-eight of the state finance law. Any moneys received from such sale as aforesaid, after deducting all necessary and actual expenses, shall be deposited in the treasury to the credit of the correctional industry fund.