money so received shall be invested by said corporation in such manner as they shall deem most beneficial: Provided, That no part of the funds of said corporation shall be loaned, directly or indirectly, to any director or officer of said corporation; and that no banks or banking institution, individual or individuals, connected therewith, shall deposit in said institution any money to be loaned on interest, either directly or indirectly: And provided also, That the said corporation shall not purchase, hold or convey, any goods, wares, merchandize or real estate, except such as may be necessary for the transaction of its ordinary business, and such as it may acquire in payment of debts contracted without reference to such mode of payment. Sec. 5. That the moneys deposited in said institution shall be regard ed as the property of the depositor; and no part thereof shall be paid out by the officers of said institution, but upon the order of the said depositor, or his or her legally authorized agent, except for the purpose of being loaned or put at interest: Provided, That nothing contained in this act shall be so construed as to allow this institution to receive a greater rate of interest than six per cent. per annum. Sec. 6. That a book shall be kept at the office of said institution, in which every depositor shall be at liberty to appoint some person or persons, to whom, in the event of his or her death, the money shall be paid, if not otherwise disposed of by will. Sec. 7. That it shall be the duty of said corporation, at least once every six months, to appoint three of its directors as a committee of examination, whose duty it shall be to investigate the affairs of said corporation, and to make and publish a correct report thereof, in one or more of the newspapers printed in the city of Columbus. Sec. 8. That nothing in this act contained, shall be held or construed to authorize the said corporation to make or issue any notes, bills or checks, drawn, signed or accepted by any officer or agent thereof, intended to circulate as bank paper, or as a circulating medium. C. ANTHONY, March 17, 1838. Speaker of the Senate. AN ACT To incorporate the Newark Association for the promotion of Education. Sec. 1. Be it enacted by the General Assembly of the State of Ohio, That Asa Beckwith, Israel Dille, Benjamin Briggs, Anderton Brown, B. W. Brice, sen., Samuel English, William H. Newman, E. S. Woods, George M. Young, John J. Brice, Thomas W. Wilson, Jonathan Taylor, Buckingham Sherwood, Luman Woodruff, James Young, Daniel Marble, James Hays, William Wylie, James Bramble, Meridith Darlinton, and Franklin Fullerton, of the county of Licking, and their associates and successors, be, and they are hereby, created a body corporate and politic for thirty years, with power to sue and be sued, to form a constitution and by-laws, and to have a common seal, which they may revoke or alter at pleasure. Sec. 2. The object of this incorporation is to establish a high school, with suitable houses and means of instruction for the education of both males and females; its capital stock shall not exceed twenty-five thousand dollars, which shall be divided into shares of not less than ten, nor more than fifty dollars each. Sec. 3. The officers of this incorporation shall consist of twenty-one directors, any seven of whom shall form a quorum for the transaction of business, who shall appoint out of their own number a president, a secretary, and a treasurer; all of said officers shall hold their offices for the term of one year, and until their successors are duly elected; the election to be holden at such time and place, in the town of Newark, as shall be prescribed in the constitution or by-laws of said incorporation. Sec. 4. That the persons named in the first section of this act, or any seven of them, may open books, and solicit subscriptions of stock, at such time or times as they may deem expedient. C. ANTHONY, March 17, 1838. Speaker of the Senate. AN ACT To amend an act entitled "An act to incorporate the town of Medina, in the county of Medina. Sec. 1. Be il enacted by the General Assembly of the State of Ohio, That at the annual election for said town for Medina, the qualified electors of said town, shall, in addition to the other officers elected, proceed to elect one assessor for said town, whose duty it shall be to proceed between the first day of May and the first day of June, A. D. 1838, and between said first of May and first of June in every fourth year thereafter, to make an assessment of all lands and houses situate within the limits of said town, in the same manner that county assessors are or may be, by law required to do. Sec. 2. That said assessor for said town, shall also, between the first of May and first of June in each year, make an assessment of all other property in said town, subject to taxation for State and county purposes, in the same manner that county assessors are or may be, by law required to do. Sec. 3. That said assessor shall make an accurate list of such assessment, and deliver the same, duly certified, to the recorder of said town, on or before the first Wednesday of June, after the same shall be taken. Sec. 4. That the town council for said town of Medina, shall form a board of equalization for said town, who shall sit annually on the second Wednesday of June, and whose duties and powers shall be the same with in said town, as the county board of equalization is, or may be, for the county. Sec. 5. That the recorder of said town, in making a duplicate of taxes as required by the act to which this is an amendment, shall charge each individual with an amount of tax in proportion to the aggregate value of taxable property belonging to said individuals, within the limits of said corporation, as the same appears from the return of said assessor, as corrected by said board of equalization. Sec. 6. That any person who shall be legally elected or appointed to any office in said town, who shall refuse or neglect to serve in the same, shall forfeit and pay the sum of five dollars for the use of said town, to be recovered by an action of debt before any court of competent jurisdiction: Provided, No person shall be compelled to serve as an officer two years in suc cession. Sec. 7. That the town council shall have power to levy a tax of not more than one half of one per cent. annually, for three years, in addition to the other taxes levied in said town, for the purpose of procuring a fire engine for the use of said town: Provided, Said tax shall be recommended by a maj ority of the votes at an annual election. Sec. 8. That the town council shall have power to appoint a supervisor of streets and highways, who shall have power to require all persons residing within said town liable to do work on the roads as required by the laws of this State, to do two days work each on the streets and highways within said town, which shall be in lieu of the two days labor required by the general law: Provided, Said supervisor of said town shall be governed in all respects by the general laws regulating the duties of supervisors of highways, and that each and every person who shall neglect or refuse to perform the two days labor required by this act, after having been duly notified by the supervisor of said town, in the same manner that supervisors are authorized to notify under the general law, shall forfeit and pay the sum of one dollar for each day he shall so neglect or refuse, to be recovered in the name of said supervisor for the use of said town, before any court of competent jurisdiction. Sec. 9. That the town council of said town, shall have power to make by-laws regulating the side-walks or pavements in said town; and by an ordinance of said town council duly published, to require all owners of lots in said town, to make pavements or sidewalks in front of their lot or lots, on such streets and of such width as the town council shall think proper; and also, shall have power to pass by-laws for the prevention and extinguishment of fires in said town. Sec. 10. That if any owner or owners of lot or lots within said town, whether resident or non-resident, shall neglect or refuse to build a sidewalk in front of his, her or their lot or lots, as required by any ordinance of said town, that the town council of said town shall have power to proceed and build said side-walk in front of said lot or lots, as required by said ordinance, and assess a tax on said lot sufficient to pay for said side-walk, which tax shall be entered on the duplicate of taxes for said town, and collected in the same manner that the other taxes of said town are collected. Sec. 11. That the recorder of said town shall annually make out a duplicate of the taxes of said town, and deliver a certified copy thereof to the collector of said town for collection, on or before the first day of August; that all taxes shall be considered due on the said first day of August in each year; and that for all taxes not paid on or before the first day of December in each year, the collector for said town may proceed by distress and sale, to make the tax in the same manner that county treasurers are authorized to proceed to collect State and county taxes. Sec. 12. That on the first Monday of January in each year, the collector of said town shall settle with the recorder for all taxes collected by him, and return a list of all such taxes as he may not have been able to collect, in the same manner that county treasurers are required to do; and a certified copy of all taxes returned delinquent by said collector, on lands and town lots in said town, shall be made out by the recorder, in each and every year, and delivered to the county auditor on or before the first day of June in each year; and the county auditor is hereby required to enter such delinquent taxes on the duplicate for State and connty taxes, in a marginal column on a line with State and county taxes on same property; and such delinquent taxes shall be collected by the county treasurer in the same manner that State and county taxes are collected, and paid over to the town treasurer on the order of the county auditor. Sec. 13. That all taxes heretofore levied on lands and town lots in said town, and which the collector has been unable to collect, and which yet remain unpaid, may be certified by the recorder of said town to the county auditor of Medina county, and shall be by him entered on the duplicate for state and county taxes in the same manner as is pointed out in the preceding section, and shall be collected and paid over by the county treasurer as is provided in the aforesaid section. Sec. 14. That so much of the act to which this is an amendment, as is inconsistent with the provisions of this act, be, and the same is hereby repealed. C. ANTHONY, Speaker of the House of Representatives. March 17, 1838. AN ACT Speaker of the Senate. Making a special appropriation of part of the Three per cent. Fund, in the county of Knox. Sec. 1. Be it enacted by the General Assembly of the State of Ohio, That six hundred dollars of the Three per cent. Fund, now due, or which shall hereafter become due to the county of Knox, be expended under the direction of John Hawn, Solomon Welker and John Welker, jr., of said county, in the manner hereafter set forth. Sec. 2. That so soon as there shall be a sum of money raised by subscription or otherwise, which, with the sum of six hundred dollars, as above appropriated, shall be sufficient, in the opinion of said commissioners, to erect a bridge across Vernon river, near the town of Millwood, at or near a point where the road leading from the Licking summit to the Cuyahoga suinmit crosses said river; said commissioners are hereby authorized to lay out and expend on said bridge, the aforesaid six hundred dollars: Provided, That the said bridge shall be of good and permanent construction. Sec. 3. That the said commissioners shall be, and they are hereby authorized, to raise money by subscription, to aid in the erection of said bridge; and they shall account to the county commissioners of Knox, for the faithful application of said appropriation, and of all sums of money by them raised by subscription or otherwise. Sec 4. That should any vacancy happen in the board of superintendents aforesaid, the commissioners of the county of Knox shall fill the same, on being notified thereof. March 17, 1838. C. ANTHONY, Speaker of the Senate. AN ACT To incorporate the Coshocton Hydraulic Association. Sec. 1. Be it enacted by the General Assembly of the State of Ohio, That Benjamin Ricketts, Samuel Lee, James Brown, David Spangler, Edward Bennett, Robert Hay, Robert M. Lamb, William M'Farlin, Thomas C. Ricketts, Andrew G. Wood, Joseph Burns and William K. Johnson, with such other persons as shall be associated with them, for the purposes hereinafter specified, and their successors, be, and they are hereby, constituted a body corporate and politic, with succession for thirty years, by the name and style of the "Coshocton Hydraulic Association," and as such, shall be capable of suing and being sued, answering and being answered unto, in all courts of justice. Sec. 2. That the capital stock of said company shall consist of not more than one hundred thousand dollars, and shall be divided into shares of fifty dollars each; which shall be subscribed and paid for under such regulations as the aforesaid corporators, owning a majority of stock of said company, shall prescribe. Sec. 3. That said company, when formed, shall have power to make all by-laws necessary for the regulation of the concerns of the company and the transfer of stock: Provided, Such by-laws shall not be inconsistent with the constitution and laws of this State, or [of] the United States. Sec. 4. That the by-laws of the company shall not be valid or binding until they shall have received the sanction of the vote of a majority of the stock subscribed. Sec. 5. That so soon as ten thousand dollars of the capital stock shall have been subscribed, the stockholders, owning a majority of the stock subscribed by said company, shall have power to appoint a board of five |