byville, Kentucky, shall apply to this company, and be in force in reference thereto. §3 This act shall take effect from and after its pas sage. Approved May 5, 1880. CHAPTER 1509. AN ACT to amend an act, entitled "An act to incorporate the Woodford Hotel Company," approved February 19th, 1880. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That the Woodford Hotel Company, through and by its president and directors, may issue and sell the bonds of said company of the denomination of five hundred dollars, to be signed by the president and countersigned by the secretary, to an amount not exceeding five thousand dollars, bearing six per cent. interest, payable annually, said bonds to be made payable at such time or times as the company through its president and directors may direct. § 2. To secure the payment of the interest and principal of bonds issued by authority of this act, said company may, through its president and directors, mortgage either for the purpose of completing the hotel building or furnishing the same, or for both the entire property and effects of said company, including the lot, buildings, &c. § 3. This act shall take effect from and after its pas sage. Approved May 5, 1880. CHAPTER 1512. AN ACT to amend an act incorporating the Central Coal and Iron Com.. pany, approved March 18, 1876. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the election of the directors of the said company shall hereafter be held on the first Tuesday in June of each year instead of the time prescribed in the act to which this is an amendment. § 2. That whenever, from any cause, a vacancy occurs in the board of directors, the same shall be filled by the remaining directors. § 3. This act shall take effect from and after its pas sage. Approved May 5, 1880. CHAPTER 1515. AN ACT to incorporate the Scott-Saxton College of Elocution and Oratory. Be it enucted by the General Assembly of the Commonwealth of Kentucky: §1. That Harriet Scott Saxton as president and also Corporators. as trustee, and John H. Heywood, Garvin H. Cochran, Richard H. Collins, George A. Chase, Robert M. Kelly, William B. Hoke, George H. Tingley, F. S. Kirtland, William W. Hulings, Marc Mundy, as trustees, be, and they are hereby, created a body-politic and corporate, under the name and style of the Scott-Saxton College of Corporate name. Elocution and Oratory, of Louisville, Kentucky, with perpetual succession, and shall be capable in that name of contracting and being contracted with, of suing and being sued, pleading and being impleaded, answering and being answered, defending and being defended, in all courts of law and equity; may have a common seal, and alter the same at pleasure; shall have power to adopt by- Corporate powlaws, rules and regulations, for their government, and for the management and superintendence of said college, and the control of its property and rights: Provided, The same shall not be repugnant to the Constitution and laws of the State of Kentucky or of the United States: And provided also, That the control, government, and discipline of said college shall not be withdrawn from said Saxton as president without her consent, under twenty years from the passage of this act, except by vote of four fifths of the trustees of said college. ers. § 2. Said corporation shall be capable in law of pur- May hold lanes, chasing, acquiring, and holding any lands, tenements, LOC. L., VOL. II-69 &c. filled goods and chattels, money, and subscriptions of money or lands, which may be purchased, given, subscribed or devised for the use of said college, of a value not greater than one hundred thousand dollars, and may sell, dispose of, and convey the same, or charge the same with the payment of the debts of the corporation. § 3. In case of the death, removal, or failure to act of Vacancies-how any of said trustees, the majority of those acting may, at any regular meeting, fill such vacancy. They may leave such vacancy unfilled, or may increase their number at any time if deemed for the interest of the college. The private property of the trustees shall not be liable for corporate debts. ranged. § 4. Said college shall consist of three distinct schools: College-how ar 1. A School of Vocal Physiology and Elementary Training of the Human Voice. 2. A School of Reading and the Philosophy of Expression. 3. A School of Oratory or Public Speaking. These may be changed, and other schools established, as the developments of the college may demand. diplomas. § 5. The trustees are vested with power to confer certifMay confer icates, diplomas, medals, and degrees as may be provided for in the by-laws; and shall be entitled to all the rights and privileges of other colleges and universities in this State. § 6. This act shall be in force from its passage. Approved May 5, 1880. CHAPTER 1516. AN ACT creating a magistrates' district in the county of Boone. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That there is hereby created and formed a magistrates' district and voting precinct in the county of Boone, running and bounded as follows: Beginning on Big Bone creek, at the northwestern corner of the farm known as the Buckhalt farm, and running eastward with the northern boundary of said farm, across and including the Ranson farm, to the bridge of the Louisville pike across Mud Lick creek; thence running south with Mud Lick creek, including Taylor Riley, to the point where the Walton road crosses said creek; thence west with said Mud Lick creek to the point where the Verona road crosses said Mud Lick creek; thence southwest with said Verona road to, and including, David Houston; thence westward with the boundary line between the Verona and Big Bone precincts to Little South Fork creek; thence westward with the said creek to the Louisville road, including James, to the Mud Lick creek; thence south with said creek to the old Edward Baker place; thence north with Sheets's road to Mud Lick creek; thence south with said creek to the old Edward Baker place; thence north with Sheet's road to Big Bone creek; thence north with said Big Bone creek to the beginning. § 2. That the voting place in said district shall be at Beaver Lick, and an election held therein on the first Monday in August next for two justices of the peace and constable, possessing the qualifications required by law. §3. That this act shall take effect from and after its passage. Approved May 5, 1880. CHAPTER 1517. AN ACT to incorporate the Daniel Boone Mining Company. Be it enacted by the General Assembly of the Commonwealth of Kentucky: ration, § 1. That Eugene Zimmerman, Jacob Buss, S. A. Corporators. Charles, G. W. Durrell, and Marion Carpenter be, and they hereby are, created a body-corporate under the name and style of the Daniel Boone Mining Company, with Name of corpo power in said corporate name to sue and be sued, contract and be contracted with; to acquire and hold by purchase lands in the State of Kentucky not exceeding one thousand acres in amount; to make, have, and use a common seal, and alter the same at pleasure. poration. § 2. The object and business of the said corporation Object of the corshall be the acquiring, by purchase, lands in the State of Kentucky for the purpose of developing, preparing for Capital stock. Business- how managed. market, and selling the minerals found thereon and thereunder, together with the sale of the timber growing thereon; and in furtherance of said objects the corporation may build chutes, open mines, build tramways, depots, and other proper and necessary appurtenances on said land for shipment of their timber or minerals to market; and the board of directors of said corporation (hereinafter provided for), in furtherance of the object thereof, may dispose of the capital stock of said corporation in such manner and at such time as may be determined by them, not inconsistent with the laws of the State, after having first given thirty days' notice, by publication in some newspaper of general circulation in Kenton county, of the day fixed by them for the opening of books for the subscription to said capital stock; and said corporation shall not commence business until at least one fourth of the amount of the capital stock shall have been bona fide subscribed. §3. The capital stock of said corporation is hereby fixed at two hundred and fifty thousand dollars, divided into shares of one hundred dollars each; but no issue of stock shall be sold or disposed of by the board of directors to an amount exceeding one hundred thousand dollars except upon a vote of four fifths of the board of directors at a meeting called for the purpose after thirty days' and notice to each stockholder; and all stock (and the proceeds thereof) issued by the said directors shall be used in the purchase and development of lands as herein provided, as the said board of directors may determine. § 4. The entire business and management of the corporation shall be under the control of a board of directors, to consist of five persons, who shall be stockholders, and shall be chosen by a majority of votes cast by the stockholders of said corporation at their annual meeting, which shall be held in Covington, Kentucky, where the principal office of said company is located; and the board may make such calls on the share holders, payable at such periods, as they may deem proper, at their said principal office, with such conditions of forfeiture for |