§ 2. That for every violation of section one, the guilty parties, upon conviction, the penalty shall be as prescribed by the General Statutes for retailing without license or keeping tippling-house. 3. This act to take effect from its passage. Approved February 27, 1882. CHAPTER 297. AN ACT to incorporate the Young Men's Christian Association, of Lexing ton. WHEREAS, A Society has been formed in the city of Lexington, Kentucky, known as the Young Men's Christian Association, of Lexington, Kentucky, whose object is to establish one or more reading-rooms in said city to furnish a place of meeting for strangers, and those destitute of home influence, to relieve distress and destitution, and generally for the purpose of charity, and to promote Christian unity and brotherhood; and whereas, said society has effected a temporary organization by the election of R. S. Bullock as its president; W. R. Milward as its vice president; R. H. Courtney, treasurer; George A. Joplin, recording secretary; W. R. Murray, corresponding secretary; and H. B. McClellan, Joseph Scott, Dr. J. A. Stucky, Hiram Shaw, Hugh Hicks, C. R. Hunt, Rev. C. L. Loos, J. W. Appleton, and Andrew J. Campbell as its board of directors; and whereas, said society desires a more permanent organization; therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That said society, organized with the above named officers, be, and the same is hereby, created a body-politic and corporate, under the name and style of "The Young Men's Christian Association, of Lexington, Kentucky;" with power under that name to sue and be sued, to plead and be impleaded; to make contracts; to have and use a common seal, and to alter the same at pleasure; to acquire, bold, and transfer property, either real or personal, possessing the same powers in such respects as private individuals have; to establish by-laws, and make all rules and regulations deemed expedient for the management of their affairs, not inconsist ent with the Constitution or laws of the State of Kentucky or of the United States. The private property of the members of said society shall not be bound for the debts of the association; and the society may, by its by-laws, fix, and at time, change or alter the officers of the association, and fix their duties and term of office; and may also receive new members, from time to time, in such manner as shall be fixed by the rules or by-laws of said association. § 2. This act shall take effect from and after its passage. Approved February 27, 1882. Incorporators. CHAPTER 298. AN ACT to charter the Stanford Woolen Mills. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That Joseph H. McAlister, Henry C. Bright, B. Mattingly, R. T. Mattingly, M. B. McAlister, as executrix, and J. W. McAlister, as executor for the benefit of the estate of Joseph McAlister, deceased, together with their associates, successors, and assigns, be, and they are hereby, created a body-politic and corporate, under the name, style, and title of the Stanford Woolen Mills; and under that name shall have perpetual succession, and may contract and be contracted with, sue and be sued, plead and be impleaded, answer and defend, as a natural person, in all courts and places; and may have and use a common seal, and change, alter, and renew the same at pleasure; and may also make such rules, by-laws, and regulations as they may think proper for the manage. ment, government, and conduct of said corporation, its property, business, and affairs, and alter and change them at will; but not be in conflict with the laws of the State or of the United States. § 2. The business of said corporation shall be the manufacture of cotton and woolen or other yarns or thread, and manufacture of cotton and woolen or other goods in which it may choose to engage, and to purchase and sell, in or out of the State, stock, materials, and manufactured articles, and may for this purpose appoint agents. §3. The capital stock of this corporation shall not be less than fifteen thousand dollars ($15,000) nor more than two hundred thousand dollars ($200,000), in shares of one hundred dollars ($100) each, which shall be deemed personal estate and pass as such, and may be transferable upon the books of this corporation as may be prescribed by the by-laws. § 4. The affairs of said corporation shall be managed by Directors. not less than three nor more than five directors, one of whom shall be president, chosen by themselves, and all of whom shall be stockholders, and shall continue in office for one year, or until their successors are elected; and the board of di rectors shall have power, from time to time, to increase the capital stock as they may deem proper, so as not to exceed Capital stock, the sum of two hundred thousand dollars ($200,000), and to issue certificates of stock therefor in accordance with the by-laws; and shall have power to elect all other officers and agents of the corporation, and to prescribe their duties, qualifications, and their compensation and terms of office, and may take bond for the faithful discharge of their duties, and to remove them at pleasure. 5 The corporation shall have power to buy, hold, lease, Corporate powor sell such real estate or personal property as shall be neces sary and proper for the conduct of its business or to secure debts due it. ers. § 6. Every stockholder shall be entitled to one vote for Who shall vote. each share of stock in the corporation at the election of directors, and in any stockholders' meeting, for any purpose, and may vote either in person or by written proxy signed by himself. § 7. This corporation has the power to borrow such sums of money as will be necessary to carry on and conduct its business, the aggregate amounts of which shall not at any one time exceed one half of its paid-up capital. 8. The individual property of the stockholders shall be exempt from all debts and liabilities of the corporation. 9. This act shall take effect and be of full force from and after its passage. Approved February 27, 1882. CHAPTER 300. AN ACT to authorize W. H. Davis, J. S. Kelly, and J. C. B. Auxier to erect and keep a boom at the mouth of John's creek. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That W. H. Davis, J. S. Kelly, and J. C. B. Auxier, and their assigns, heirs, and survivors, are authorized to erect and keep a boom in and across the mouth of John's creek, in Floyd county, for the purpose of catching and securing such loose saw-logs as may come against it, and they are authorized to charge the owners of the logs ten cents per log for catching and holding the same, and shall have a lien on the said logs for the charges; and when it becomes necessary to open said boom, if any of the owners of the logs should not be present and able to take care of their logs, then the owners of the boom are authorized to raft said loose logs and charge a reasonable compensation therefor, and have a like lien on the logs for the rafting as is given herein for catching: Provided, The keepers of said boom shall use reasonable diligence in holding said boom; but shall not be responsible for unavoidable accidents. § 2. This act shall take effect from its passage. Approved February 27, 1882. CHAPTER 301. AN ACT to incorporate the Madison County Fair Association. WHEREAS, The Madison County Joint Stock Agricultural and Mechanical Fair Association, heretofore incorporated, has been dissolved, and the property and grounds formerly owned and used by the same for its purposes have become the property under a decretal sale of John D. Harris, James B. McCreary, C. D. Chenault, J. P. Herndon, J. W. Embry, W. T. Tevis, O. H. Chenault, H. B. Dillingham, H. N. Wells, W. R. Letcher, D. M. Bright, H. A. Moran, B. H. Neale, J. Stone Walker, M. F. Arbuckle, John A. Duncan, S. H. Stone, Clifton Burgin, A. M. White, G. W. Evans, Robert Tribble, Joe. Phelps, B. F. Tevis, W. H. Harbor, Wm. Dozier, C. F. Burnam, C. H. Breck, Jno. B. Parkes, R. B. Terrill, and Wm. Arnold, who propose to use the said property and any more which they have acquired and may acquire under this act for the same purposes for which the same was used by their predecessors; therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the persons herein before named in the preamble be, and they are hereby, created a body-politic and corporate, with perpetual succession, under the name and style of the Madison County Fair Association," and by that name are hereby vested with all the powers, privileges, and franchises conferred upon the Madison County Joint Stock Agricultural and Mechanical Association by an act incorporating the same, approved January 29, 1867, and all the different acts amendatory thereof, as fully as if the provisions of the same were fully set forth herein: Provided, however, That the capital stock of the association hereby created shall be divided into shares each of not less than one hundred dollars, and not more than five hundred dollars, the amount of each share to be fixed, and the stock to be subscribed for, taken, and paid for as the corporation may hereafter determine. § 2. The officers of the association heretofore elected by agreement among the parties, and now acting, shall continue to act with all the powers conferred upon the several officers of the association by this act until the time fixed for a regular and general election, and until their successors are qualified. $3. This act shall take effect from its passage. Approved February 27, 1882. CHAPTER 302. AN ACT to incorporate the Alexandria and Newport Telephone Company. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That William Hartman, T. M. Hill, F. S. Vitt, George F. Truesdell, John Todd, T. A. Ratliff, J. S. Ducker, John C. Schroll, Thomas Jones, Gus. Artsman, J. J. Hetsch, their associates and successors, are hereby created a body-corporate. with power to sue and be sued, to plead and be impleaded with, to contract and be contracted with, under the name and style of the Alexandria and Newport Telephone Company. |