Section 140. Transfer of property to Baptist corporations

Any incorporated
  Baptist  church,  created  by or existing under the laws of the state of
  New York, having its principal office or place of worship in  the  state
  of  New York, or whose last place of worship was within the state of New
  York, is hereby authorized and empowered, by a vote of two-thirds of its
  qualified voters present and voting therefor,  at  a  meeting  regularly
  called  for  that  purpose,  to transfer and convey any of its property,
  real or personal, which it now has or  may  hereafter  acquire,  to  any
  religious,  charitable  or  missionary  corporation  connected  with the
  Baptist denomination and incorporated by or organized under any  law  or
  laws  of  the state of New York, either solely, or among other purposes,
  to establish or maintain, or to assist in  establishing  or  maintaining
  churches,  schools,  or  mission  stations or to erect, or assist in the
  erection of such buildings as may be necessary for any of such purposes,
  and on or without the  payment  of  any  money  or  other  consideration
  therefor,  and upon such transfer or conveyance being made, the title to
  and the ownership and right of possession of the property so transferred
  and conveyed shall be vested in and conveyed to such grantee;  and  also
  any  membership  corporation  incorporated  by  or  organized  under any
  special or general law or laws of the state of New York, either  solely,
  or  among  other  purposes,  for  religious,  charitable,  missionary or
  educational objects connected  with  or  for  the  aid  of  the  Baptist
  denomination  or  any  church or churches thereof or for the erection or
  maintenance  of  any  building  therefor,  is  hereby   authorized   and
  empowered, by the vote of at least two-thirds of the whole number of its
  directors,  or  by the vote of at least a majority thereof if such whole
  number of directors is twenty  or  more,  at  any  regularly  called  or
  regularly  held meeting of such directors, to transfer and convey any of
  its property, real or personal,  which  it  now  has  or  may  hereafter
  acquire,  to  any  incorporated  Baptist  church within the state of New
  York, and on or without the payment of any money or other  consideration
  therefor,  and upon such transfer or conveyance being made, the title to
  and the ownership and right of possession of the property so transferred
  and conveyed shall be vested in and conveyed to such grantee;  provided,
  however,  that  nothing  herein  contained shall impair or affect in any
  way, any existing claim upon or lien against any property so transferred
  or conveyed, or any action at law or legal proceeding, and  subject,  in
  respect to the amount of property the said grantee may take and hold, to
  the restrictions and limitations of existing laws.