ant; and upon the payment or tender thereof, it shall be lawful for said company and its employes to make said road, and to dig and carry away any stone necessary for the construction and repair of said road. Said company may acquire, by purchase or by writ of ad quod damnum, as above set forth, land not exceeding one acre, for the purpose of erecting a toll-house on said road. property. § 7. Certificate of stock in said company shall be signed Stock persona) by the president and countersigned by the secretary; shall be deemed personal property, and shall be transferable. on the book of said company in such manner as the board of directors shall prescribe. how used. 8. The capital stock of said company shall be used Capital stockin the procurement of the right of way, material, and in the construction of said road, and defraying all legitimate expenses in constructing said road, and for no other purpose. The stockholders in said company shall only be bound to the extent of their stock in said company. 9. This act to take effect from and after its pas sage. Approved April 5, 1880. CHAPTER 783. AN ACT to incorporate the Christian Church at Berea, in Logan county, and for the protection of the same from injury. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That F. Ross McCuddy, W. B. McCuddy, Elisha North, George Coffman, Jordan T. Duncan, Felix Fuqua, and James Barker, trustees of the Christian Church at Berea, in Logan county, and their successors, be, and they are hereby, created a body-politic and corporate, by the name and style of the Trustees of Berea Church, of Logan County; and by that name shall have perpetual succession, and a common seal, or they may use their individual seals or scrolls; and may sue and be sued, plead and be impleaded, in any court of law or equity in this Commonwealth. § 2. That when any vacancy in said board may occur by death, resignation, or otherwise, or other disqualification, to be judged of by the said church at a regular business meeting, it shall be competent for the members to fill such vacancy or vacancies at any such meeting. Said church shall also have power to remove from office any one or more of said trustees, or successors, by a majority vote of all the members present at such a meeting concurring therein, and may proceed to fill such vacancy in the manner pointed out above for filling vacancies: Provided, That no removal or appointment of a trustee shall take place until notice of such intention shall have been given, at a regular business meeting of the said church, by some one or more of its officers or trustees, in writing, or by public announcement made. §3. That the above named trustees, and their successors, are hereby invested with power and right to hold the conveyance of the lot of ground or land, with the house thereon, on which the said church edifice now stands, and also to purchase or acquire, in any way, and receive title to other grounds not exceeding twenty acres, with its appurtenances, for the benefit of said church, all to be free from all State, county, municipal, turnpike, or railroad taxes; nor shall any passway, road, turnpike, or railroad ever be permitted to pass through said lands or grounds without the consent of its trustees; and any and all property or money so acquired or obtained by them shall be held by them, and their successors, for the exclusive use and benefit of said church, or in case of a division of the said body, to such portion of the same as hold and adhere to the doctrines now held and taught by said church. § 4. That no spirituous, vinous, or malt liquors shall be sold within two miles of said Berea Church or edifice; and any one violating this provision shall be held liable for any damages resulting therefrom, and also for the penalties now prescribed by the General Statutes for retailing liquors without license, and to be enforced accordingly. § 5. This act shall take effect and be in force from and after its passage. Approved April 5, 1880. CHAPTER 784. AN ACT to amend an act, entitled "An act to incorporate the Brooksville Seminary," approved March 5th, 1868. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That an act approved March 5th, 1868, entitled "An act to incorporate the Brooksville Seminary," be, and the same is hereby, amended so that said seminary shall have power, by concurrent recommendation of the faculty and vote of the board of trustees, to confer any of the literary degrees usually conferred by regularly chartered institutions of learning. §2. That the principal, teachers, and the trustees of said seminary shall be authorized to grant to the students thereof certificates of their scholastic proficiency; and such certificates shall be accepted and taken as proof of their qualification to teach any of the branches therein specified in any of the common schools of this Commonwealth; and shall dispense with any examination or certificate now required by law to authorize persons to teach in the common schools of this State, for a period of two years from the granting of the certificate. The provisions of this bill shall only apply to Bracken county. Approved April 5, 1880. CHAPTER 785. AN ACT to repeal an act, entitled "An act to incorporate the town of Clayville, in Webster county." Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That an act, entitled "An act to incorporate the town of Clayville, in Webster county," approved February 26th, 1870, and all acts and parts of acts amendatory thereto, be, and the same is hereby, repealed. Approved April 5, 1880. CHAPTER 786. AN ACT to incorporate the Dixon Lodge, No. 467, of Free and Accepted Masons, in Webster county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That C. C. Hardwick, Master, J. M. Dixon, S. W., and J. R. Cargile, J. W., and their successors in office as trustees, be, and they are hereby, constituted a bodycorporate and politic, under the name and style of Dixon Lodge, No. 467, Ancient York Masons; and that the of ficers and members of said lodge, and their successors, shall so continue and have perpetual succession; and by the name and style aforesaid they are hereby made capable in law to sue and be sued, plead and be impleaded, to contract and be contracted with, to answer and be answered, in all the courts of law or equity of this State or elsewhere; to make, have, and use a common seal, and break, alter, or amend the same at pleasure. § 2. The said corporation shall have the right to take and hold, by purchase, gift, or devise, real or personal estate to any amount not exceeding $10,000, and to dispose of and convey the same at will. § 3. The business affairs of said corporation shall be under the management and control of the three first named officers of the lodge and their successors in office, whose duties as such shall be prescribed by a majority of the members of said lodge. § 4. The members of said corporation shall have power to pass such by-laws, rules and regulations, not inconsistent with the Constitution of the United States, or of the State of Kentucky, as the safe-keeping of the property or the interests of the lodge may require. § 5. This act to take effect from its passage. Approved April 5, 1880. CHAPTER 787. AN ACT to incorporate the Bank of Williamstown. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That there is hereby established a savings and de- Capital. posit bank in Williamstown, Grant county, Kentucky, with a capital of fifty thousand dollars, in shares of one hundred dollars each, to be subscribed and paid for as hereinafter provided; and the subscribers to said stock, their associates, successors, and assigns, shall be a bodypolitic and corporate, by the name and style of the Bank Name. of Williamstown, and shall so continue for fifty years from the date of its organization, unless sooner dissolved by a majority in interest of the stockholders therein; and shall have, and may exercise, all the rights and privileges of a natural person in contracting and being contracted with, and as such may sue and be sued, and plead, answer and defend, in any court or place whatever; and may have and use a common seal, and change the same at pleasure. held. filled. when 2. Said bank shall be under the control and manage- How managed. ment of a board of five directors, who shall be stockholders residing in the State of Kentucky, who shall hold their offices until their successors are elected and have qualified; and after the first election under this charter, they Election shall be elected annually on the first Monday in January of each year, or as soon as practicable thereafter; and in Vacancy - how case of a vacancy for any cause, the remaining directors may fill the same with other stockholders possessing the qualifications hereinbefore named; they shall elect one of their number president; they shall have power to sell any of the stock not subscribed for; to declare dividends arising out of the profits of the business of said bank; to appoint such officers, agents, and employes as may be necessary to properly conduct the business of said bank, and pay them for their services; and may take such bonds Officer to give from the president, cashier, or other employes of said bank as they may deem necessary to insure a faithful performance of their respective duties; and may make bond. |