rate and politic, with power to sue and be sued, to plead and § 2. Said company may acquire rights of way for their main or branch lines in the same manner as now provided by law of this Commonwealth for the acquisition of rights of way by turnpike road companies, and may contract with any person or corporation for supplying them with telephonic facilities or the use of telephone instruments. 3. The capital stock of said company shall not exceed Capital stock. five thousand dollars, to be divided into shares of twenty-five dollars each; and said company may commence business and the construction of their telephone line or lines when twenty (20) shares of its capital stock shall have been bona fide taken and subscribed for. § 4. The business of said company shall be managed by a Purposes. board of five directors, to be chosen on the organization of the company under this charter, and annually thereafter on the first Saturday in January in each year, at some place in Mt. Sterling, to be designated by public notice in such manner as the board of directors may deem proper. The board of directors shall choose one of their number president, whose duties shall be those incident to said office, or provided by said board; and the board of directors shall have power to appoint a secretary and treasurer, and such other agents as may be deemed necessary for the interest of the company, and may pay them such compensation as they may think reasonable. Said company may acquire and hold all property, real or personal, necessary to enable it to carry out the provisions of this act or the business contemplated; and by its board of directors said company may make all by-laws, rules and regulations, to carry on its affairs, not inconsistent with the Constitution and laws of this State or of the United States. § 5. This act shall be in force from and after its passage. Approved March 29, 1882. CHAPTER 633. AN ACT for the benefit of W. A. Yarbrough, sheriff of Graves county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That W. A. Yarbrough, sheriff of Graves county, has further time until the first day of June, 1882, to make settlement with the Auditor of Public Accounts: Provided, The sureties of said sheriff go into open court and assent on the records to said extension. § 2. This act to take effect from its passage. Approved March 29, 1882. Incorporators. Style. Capital stock. CHAPTER 635. AN ACT to incorporate the Campbellsburg Graded High School Company. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That D. F. Caplinger, C. T. Scott, James Boyer, Elder Humphries, and R. L. Rickets, and their associates and successors, be, and are hereby, created a body-corporate, under the name of the Campbellsburg Graded High School Company, and shall have power and authority by that name to contract and be contracted with, to sue and be sued, to plead and be impleaded, answer and defend, in all courts and places, and may have and use a common seal, with power to alter or change the same at will. 2. That the capital stock of said company shall not be less than five thousand nor more than fifteen thousand dollars, in shares of twenty-five dollars each. § 3. That it shall be lawful for the corporators named in the first section of this act to open books for the subscription of the capital stock named in section second of this act. Any three of said board shall have power to act at all times; and when the sum of five thousand dollars is subscribed, said corporators shall call an election, and the stockholders shall elect five trustees as successors of said corporators, with power to elect from their number a president, secretary, and treasurer. § 4. At least ten days' notice shall be given of the time and Notice. place of holding the first election of the board of trustees; and all future elections shall be held annually on the first Saturday in July. 5. All stockholders shall be entitled to one vote for each Voters. share of stock he or she may own, either in person or by proxy. § 6. The treasurer shall be required to give a good and Treasurer-bond sufficient bond for the faithful performance of his duties as such. It shall be the duty of said treasurer to receive all moneys, receipt for same, and pay it out on the order of the board of trustees, and signed by the president, taking a receipt therefor; and he shall keep a record, in a well-bound book, of his acts, always open to the inspection of the board; and he shall perform such other duties as directed by the board. § 7. The secretary shall attend all meetings of the board, Secretary. keep all records and papers, and perform such other duties as the board may require. §8. The board of trustees, immediately after its organization, shall proceed to secure suitable grounds, and have erected on the same suitable buildings for school purposes. § 9. The board of trustees shall have power to make such By-laws. by-laws, rules and regulations, as may be necessary and essential for their government, not to conflict, however, with the several sections of this charter. They shall also have power to employ or discharge teachers or superintendent of said school as their judgment may direct. They shall have power to sell or lease said property; but all such sales or leases shall not be binding in law unless ratified by a twothirds vote of the actual stock as prescribed in section five; and in no case shall it be conveyed to a church or individual for sectarian purposes, or be diverted from the original design; and in no case shall the majority of the board of trustees elected be members of any one denomination of Christians. § 10. The board of trustees shall have power to confer upon Diplomas. graduates of the institution such diplomas, honors, and degrees, as evidence of scholarship, as are usual in schools and -colleges of like standing in this Commonwealth. LOC. L., VOL. I—68 Vacancies. § 11. The board of trustees shall have power to fill all vacancies arising from death, removal, resignation, or otherwise, that may occur in said board. § 12. The individual property of the stockholders shall not § 13. This act shall take effect from and after its passage. CHAPTER 636. AN ACT for the benefit of James Graves, of Todd county. WHEREAS, Louis Sublett was indicted in the Todd circuit court upon a charge of mule-stealing, and required to give bail; and whereas, James Graves deposited in said court, with the trustee of the jury fund, for said Sublett, and in lieu of bail, two hundred and fifty dollars; and whereas, from some unknown cause said Sublett failed to appear in said court at its next term, when an order was made forfeiting said bail; and whereas, it is made to appear that the owner of the lost mule has found him, and that one Browder, the thief who stole him, has been sent to the Tennessee penitentiary, where he is now confined, and the Governor of this Commonwealth has remitted said forfeiture; but whereas, doubts exist as to the authority of said trustee of the jury fund to pay over said money to said Graves; therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the trustee of the jury fund of Todd county be, and he is authorized, to pay over to James Graves, or his authorized agent, the two hundred and fifty dollars which was deposited in the Todd circuit court by him as and in lieu of bail for Louis Sublett. § 2. This act shall take effect from its passage. Approved March 29, 1882. CHAPTER 637. AN ACT to provide for redistricting Butler county into five justices' districts, and to establish voting places therein, and to provide for the election of justices of the peace and constable therein. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the county court of Butler county be, and is hereby, authorized and directed to appoint three commissioners, who must each be a voter of said county, to divide said county into five justices' districts. § 2. Said commissioners shall, before entering upon the discharge of their duties, be each duly sworn to faithfully discharge their duties under this act; and shall divide said county into five justices' districts, and fix as many voting precincts in each justices' district as may be necessary. They shall fix and describe the boundary of each justices' district, and of each voting precinct therein, and establish a place at which the election in each precinct shall be held; and shall make out a full written report of all their acts and doings in the premises, and return same to the Butler county court. which report shall be subject to amendment, modification, or change by the court; and when confirmed, either with or without amendment, modification, or change, shall be ordered to record and be recorded at length on the order-book of said court. § 3. No election for justices of the peace or constable shall be held in said county of Butler at the August election, 188; but a poll shall be opened at each voting precinct, as estab lished under this act, on the first Saturday in May, 1883, for the purpose of electing two justices of the peace and one constable for each justices' district as therein established. § 4. All elections held in said county of Butler during the year 1882 shall be held at the precincts as now established. § 5. The commissioners and officers of court shall be allowed reasonable compensation for their services rendered under this act, which shall be allowed by the Butler county court of claims and paid as other county claims. § 6. This act shall take effect from and after its passage. Approved March 29, 1882. |