§ 2. Said board of trustees, or a quorum thereof, shall cause to be posted in two or more public places in said town the time, hours, and place of election for said trustees, at least three days before the said election. § 3. The officers of said election shall be two judges, a sheriff, and a clerk, having all the qualifications of a voter at said election, and shall receive for their services a per diem such as said trustees may, by vote, determine, to be paid out of the town treasury. § 4. Said trustees shall have power to cause and procure all the streets and alleys in said town as now established to be graded and turnpiked at the expense and cost of said town, to be paid for out of its general treasury fund, 5. This act shall take effect and be in force from and after its passage. Approved March 13, 1882. Corporators. Style. Purposes. CHAPTER 434. AN ACT to incorporate the Louisville Pork Packing and Provision Com pany. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That Jno. G. Barrett, Wm. R. Ray, S. S. Hamilton, Jno. A. Lee, James Todd, Thos. H. Sherley, Jno. D. Taggart, B. F. Guthrie, Geo. Birch, and Jno. E. Norris, their associates, successors, and assigns, be, and they are hereby, created a body-corporate, under the name of the Louisville Pork Packing and Provision Company; and said company, in its corporate name, may contract and be contracted with, sue and be sued, have and use a corporate seal, and change the same at pleasure, and have all the powers incident and usual to corporations. 2. The purpose and business of said corporation is the building and equipment of one or more pork packing establishments and provision depots in the city of Louisville or elsewhere, within or out of the State of Kentucky, for the buying, packing, and slaughtering of hogs and selling same or product thereof, and also the buying and selling of pork, bacon, lard, or other articles of provision or merchandise, and for the establishment and operation of the affairs and business of the company. Said company shall have power to acquire and hold such real estate by lease, fee-simple, or otherwise, as it may deem necessary or expedient for the transacting of its business, and may erect all needful packing and slaughterhouses, curing-rooms, ware rooms, or other buildings, with all necessary machinery, fixtures. appliances, and appurtenances therein or thereon that may be required and proper for the successful carrying on and conducting the business of the company. 3. The capital stock of said company shall not exceed Capital stock. one million of dollars, but may be fixed at any sum not less than two hundred thousand dollars; and said capital stock shall be divided into shares of one hundred dollars each, which capital stock is declared to be personal property and subject to the laws governing personal property. The persons named in this act, or a majority thereof, shall constitute the first board of directors; they or a majority of them shall have power to open books for subscription to the capital stock of said company, prescribe the terms of subscription, and the time and manner of payment. Said company may adopt such by laws for the regulation, management, and government of its affairs and business as the board of directors may deem expedient, and shall have power to alter, amend, or change said by-laws at pleasure: Provided, That before the corporators shall commence business under this act, there shall be paid to the treasury of this corporation, in money or its equivalent in property, one third of the capital stock fixed or agreed upon by the corporators or directors, and notice given thereof to the public by inserting the fact in one German and one English newspapers in the city of Louisville, certified to by the treasurer. 4. The board of directors shall have the general manage. Directors. ment of the affairs of said company, and may exercise any and all the powers hereby granted to this corporation. They may, from time to time, pay dividends in stock, or in cash, from the profits of their business, and may distribute the net receipts and proceeds of their business among the stockholders pro rata, or may retain them, to be applied in extending the operation and business of the company. They may borrow money in such sums and payable at such times and places, and at such rates of interest or the wants or interests of the company may require; and may execute mortgages or deeds of trust upon any or all of the property and franchises of the company to secure the payment of such debts as may, from time to time, be created. 5. The principal office of said company shall be in the Principal office. city of Louisville, but branch offices, agencies, or depots may be established at other points within or out of this State. The board of directors shall, after the first board herein established, consist of not less than five nor more than nine stockholders, and shall be elected by the stockholders as prescribed by the by-laws of the company. The board of directors shall have power to elect or appoint a president, secretary, and treasurer, and such other officers and agents as they may deem expedient, and may prescribe their duties. time of employment, and fix their salaries; and may require from any of its officers and agents bond, with security, for the faithful performance and discharge of their respective duties. 6. This corporation shall continue for twenty (20) years from the date of the passage of this act. 7. This act shall take effect from and after its passage. Approved March 13, 1882. Capital stock. Commissioners. CHAPTER 435. AN ACT to incorporate the Bank of Greenville, of Greenville, Muhlenburg county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That there is hereby established the Bank of Greenville, the capital stock of which institution shall not be less than ten thousand dollars nor more than one hundred thousand dollars, divided into shares of one hundred dollars each. 2. That said shares shall be personal estate, and transferable only by a writing entered on a book to be kept by said bank. §3. That J. C. Howard, John G. Reynolds, J. A. Stokes, J. P. McIntire, Thos. H. Martin, Lewis Reno, and M. C. Hay are hereby appointed commissioners to obtain subscriptions. to the stock of the corporation herein created, who, or a majority of whom, may meet at some convenient place in Greenville, Kentucky, so soon as this act is passed, and not later than the first day of December, 1882, at which time they may open books and receive subscriptions of stock to said bank, and shall keep books open for one month, and until the minimum amount of stock herein provided is subscribed. 80 § 4. That so soon as ten thousand dollars' worth of stock is subscribed, and ten dollars on each share is paid in, the stockholders of said corporation shall proceed to elect a president, who shall be a stockholder and owner of not less than three shares of stock, and a cashier, who shall be a stockholder and owner of not less than three shares of stock, and a board of five directors, each of whom shall be a stockholder; and in electing said officers, each stockholder shall have one vote for each share of stock owned by him; and said officers, when so elected, shall hold their office until the first Monday in June, 1882, and until their successors are elected and qualified. $5. That on the first Monday in June of each year a pres- Officers. ident, cashier, and board of directors for said corporation shall be elected, to hold for and during the term of one year, and until their successors shall be elected and qualified; said officers to be qualified and voted for as set out in the last sec tion. § 6. The said institution is hereby created a corporation Style. and body-politic, under the name and style of the Bank of Greenville, and by that name and style shall have perpetual succession, with power to contract and be contracted with, sue and be sued, to plead, interplead, and be impleaded, in any and all courts of this Commonwealth as may a natural person. They may make, have, and use a corporate seal, and the same break, alter, or renew at pleasure. They may, Purposes. through their president and directors, make and declare a set of by-laws, and the same amend and change at pleasure, not inconsistent with the laws and Constitution of this State or of the United States. They may take bond from their president in such sums and with such stipulations as seems to them correct. They are empowered to receive on deposit gold, silver, money, bank notes, and other currency, and loan out same on personal or approved securities of any kind; to make advances on tobacco and other products of the country, and receive surety therefor by mortgage on same. To deal in gold and silver coin or bullion, notes, bills of exchange, stocks, or other securities of this or any other State or of the United States, or any other evidences of debt; to receive promissory notes by assignment as security for money loaned. discount promissory notes and bills of exchange payable at said institution. Said corporation may acquire and hold, possess and use, occupy and enjoy, all such real and personal property, goods and chattels, as may be convenient and necessary for the transaction of its business, or which may be pledged or conveyed to it as security for any debt, or purchased in satisfaction of any debts, judgments, or decrees, and may sell or convey or otherwise dispose of the same as a natural person. That this bank shall be subject to pay the same taxes as other banks in this Commonwealth are required to pay. 7. Private property of individual stockholders shall in no case be responsible for corporate debts. § 8. If any subscriber to said capital stock shall tail or refuse to pay up his or her or their calls for thirty days after the same is due, interest shall be charged on such calls from the time the same is due until paid; and if any call shall remain unpaid for the space of three months, the same, with the accruing interest thereon, may be recovered by suit in any court of record in the Commonwealth having jurisdiction thereof. Said bank shall have a lien on the stock owned by any stockholder before any other creditor: Provided, The certificate of stock shall be deposited with the bank as collateral security. $9. Said bank shall be authorized to receive deposits from minors and married women, and their checks or orders for such deposits shall be good against said parties. § 10. This act shall take effect from and after its passage. § 11. The General Assembly of Kentucky retains the right to alter, amend, or repeal this charter at will; and it shall not extend beyond the period of thirty years. Approved March 13, 1882. Corporators. CHAPTER 436. AN ACT to incorporate the Ohio Valley Improvement and Contract Com pany. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That John A. Armstrong, Geo. Kitzero, P. D. Mallory, Charles E. Hogue, and Alex. H. Jackson, of the State of Ken |