Gambar halaman
PDF
ePub

than fifty dollars for each offense, to be recovered by warrant issued by the police judge of said town or a justice of the peace of said county. Such warrant shall be issued in the name of the Commonwealth, and full power is hereby given to any such officer to try any violation of this act that may occur within said corporate limits or within two miles thereof, and the same proceeding shall be had upon a judgment rendered as herein before provided for, as if rendered by a circuit or criminal court for a similar offense.

a

§3. If the police judge or marshal of said town, or magistrate or constable of said county, having knowledge or information of a violation of the first and second sections of this act, shall willfully neglect or fail to execute the duties required of them respectively, they shall, upon indictment of a grand jury and conviction in the circuit court, be fined not less than fifty nor more than one hundred dollars, or imprisoned in the county jail not less than thirty days nor more than three months for each offense, or both so fined and imprisoned at the discretion of the jury.

4. The provisions of this act shall not apply to wine to be used only for sacramental purposes.

5. All fines collected under this act, except such as may be collected from officers failing to perform the duties prescribed in this act, shall be paid into the treasury of said town. 6. This act shall take effect from and after its passage. Approved March 23, 1882.

CHAPTER 549.

AN ACT to incorporate the Ironwood Lumber and Mining Company.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

§ 1. That David C. Vance, C. B. Simrall, J. Webb, James E. Cantrill. and George A. Hill be, and they are hereby, created a body politic and corporate, under the name and style of the Ironwood Mining and Lumber Company; and under that name shall have perpetual succession, for the purpose of mining coal, iron, or other minerals, for cutting and running logs, and for carrying on a general lumber and mill business on the waters of the Cumberland river above the falls there.

of, and on the tributaries of the same; and as such corpora. tion shall have power to erect furnaces, open mines, build and run one or more saw-mills, and cut and run logs or other lumber in said river and its tributaries above the falls thereof, and to purchase, own, and hold all the lands which said company shall deem necessary to carry on its operations successfully.

$2 The officers of said company shall consist of five directors, one of whom shall be president, and such other offi cers as said board of directors shall designate; and said company is hereby given the right and power to sue and be sued, to contract and be contracted with, to convey or mortgage its lands or other property; have a common seal, make by-laws, and do such other things as may be necessary to carry into full effect the provisions of this act.

§ 3. Said company shall have the right to build a tramway or railroad from their mines, furnaces, or mills to any other railroad, or to said river or tributaries; and in case said company cannot agree with the owner or owners of the lands for the right of way for such tramway or railroad; the same may be condemned in the manner prescribed by the General Assembly in the act incorporating the trustees of the Cincinnati Southern Railway: Provided, That when it shall build a tramway or railway as herein provided, said company shall be deemed a common carrier, and shall transport freights for the citizens of this Commonwealth at the rates which may be fixed by general law.

§ 4. The capital stock of said company shall be five hundred thousand dollars, divided into shares of one hundred dollars each and said company may issue bonds to the amount of its capital stock, bearing legal interest, but payable semi-annually; and the payment of said bonds and interest thereon may be secured by mortgage on the lands or other property of the company. The capital stock may be increased if the business of the company should necessitate that the same should be done. The private property of the stockholders of said company shall be exempt from liability for the debts of the company.

5. Said company shall have the right to construct and maintain a boom for the purpose of catching and securing their saw-logs at or near the point where said company shall erect its mill or mills on said river or its tributaries above

the falls thereof; but said company shall not detain any logor logs belonging to another in its boom without the request of the owner, nor shall any charge be made therefor except by agreement with the owner of the logs: And provided fur-ther, That no boom erected by this company shall impede or hinder the navigation of said river or any of its tributaries, and said boom shall not obstruct the bank or lands of private persons that said company does not own, or are in. possession of by contract with the owner thereof. § 6. Said act shall be in force from its passage.

Approved March 23, 1882.

CHAPTER 550.

AN ACT to incorporate the Young Men's Christian Association of the city: of Owensboro.

Be it enacted by the General Assembly of the Commonwealthof Kentucky:

§ 1. That B. Bransford, T. S. Anderson, J. D. Kennedy, F. T. Gunther, E. G. Buckner, W. E. Parrish, Robert Brodie, J. M. Carson, and their associates, are hereby associated. under the name of the Young Men's Christian Association of the city of Owensboro, with full powers to organize said association with such officers as they deem proper and necessary for carrying on the business of said association.

§ 2. That said association may sue and be sued in the nameof the Young Men's Christian Association of the city of Owensboro.

§3. That said association may buy and hold real estate in their incorporated name for the uses of said association, and may make sale, if it becomes necessary, in said incorporated

name.

§ 4. That the trustees, F. T. Gunther, Robert Brodie, and W. E. Parrish, shall compose the board for twelve months, or until a new board shall be elected by the association.

§ 5. That each member of the association shall be entitled to a vote in the election of trustees or officers of the associa-tion, under such rules and by-laws as the association may determine.

§ 6. That no indebtedness shall be incurred unless by the consent of a majority of the trustees elected and chosen by

the association, and that the management and business of the association shall be under the direction of said trustees, unless otherwise determined by the by laws of the association.

§ 7. That said association may determine, by their by-laws, who shall be empowered to buy or loan property for the uses of the association, or bind the association in contracts.

8. That the property held by said association shall not be subject to taxation of State, county, or city when held and used for the necessary purposes of said association.

9. This act shall take effect from its passage.

Approved March 24, 1882.

CHAPTER 551.

AN ACT to incorporate the Standard Brass Works.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

1. That Joseph Kinsey, E. V. Cherry, Oliver Kinsey, S. J.. Broadwell, and Charles Anderson, and such others as they may associate with themselves, their successors and assigns, are hereby created a body-corporate and politic, with right of perpetual succession, under the name and style of the Standard Brass Works; and by that name may sue and be sued, plead and be impleaded, and may in said corporate name contract and be contracted with, purchase, acquire, hold, and sell property, real, personal, and mixed, to the extent and for the purposes hereinafter mentioned, with the right to keep a common seal, and alter and change the same at pleasure.

§ 2. The authorized capital stock of said company shall be three hundred thousand dollars, divided into shares of one hundred dollars each. The incorporators shall, at such time and place as they may deem proper, open books for subscription to the capital stock of said company, and when one hundred shares thereof shall have been subscribed paid up, the company may organize and commence business.

§3. The business of said company shall he the manufacturing and dealing in all kinds of brass and iron goods for railway, telegraph, telephone, electric light, hard-ware, and general purposes, and of all and every kind of wood work connected therewith; the manufacturing of railroad iron, locomotives, and railway cars; and the said company may, for

the purpose of carrying on the business aforesaid, purchase, hold, sell, and convey all necessary real estate, including beds of coal and iron ore, and all necessary personal property, with the right to erect and operate such machinery, mills, tramways as may be necessary for the efficient prosecution and carrying on of said business.

§ 4. The affairs of said company shall be under the control and management of a board of directors, consisting of seven stockholders, one of whom shall be chosen president of said board by said board. The number of directors may be decreased to five or increased to nine, by a vote of the stockholders at any meeting called for the election of directors. Said board of directors shall be elected by the stockholders at such time as may be agreed upon at a meeting of the stockholders called for that purpose. Each share of stock shall be entitled to one vote. After the first election, the directors shall be elected annually at such times as the by-laws of the company may fix. The directors so elected shall hold their office for one year, and until their successors are elected and qualified.

§ 5. The said board of directors shall have the power to make, alter, and amend the by-laws for the government of said company; but nothing in this act shall be in conflict with the laws and Constitution of the Commonwealth of Kentucky or the Constitution of the United States. They shall have the power to fix and determine the number of officers, agents, and employes of said company, and to appoint and employ the same; to fix the salaries and wages of all officers, agents, and employes, and pay the same, and to make and prescribe such rules and regulations for the governing and transacting of the business as they may deem for the best interest of said company. They may take from any or all officers, employes, or agents bonds with security, conditioned for the faithful performance and discharge of their respective duties, and to account for all money or property of the company which may come into their hands.

§ 6. The stock of said company shall be deemed personal property, and shall be transferable only on the books of said company. Any stockholder wishing to retire from said company may do so by a sale and transfer of his stock as hereinbefore provided; but no such stockholder shall have a right to

« SebelumnyaLanjutkan »