§ 227. Such supervisor to give security. Within twenty days after the
passage of such resolution at such town meeting the said supervisor
shall file in the office of the town clerk of said town a bond running
to the people of the state of New York, executed by himself and two or
more sureties, in a penalty to be fixed by the board of town auditors of
said town as hereinafter provided, and conditioned for the faithful
performance of the duties of railroad commissioners transferred to him
under said resolution, and the payment over according to law of all
moneys coming into his hands by reason of such transfer; such bonds also
to be approved as to form and sufficiency of sureties by the county
judge of the county in which said town is located.