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of said corporation, in the same manner and subject to the same rules and regulations which have heretofore governed in the election of Directors of said institution, The President of the corporation and the Directors so chosen, shall have and possess all the powers which the President and Directors now have, and the President and any two of the Directors, or in the absence, or in case of the death or resignation of the President, any three of the Directors shall constitute a quorum of the board for the transaction of business..

1828.

SEC. 2. The salary of the President shall be eight Salaries of the hundred dollars per annum and no more, to be paid President and to him as heretofore; and the Directors shall receive Directors. for their services, in actual attendance on the business of the corporation, each, after the rate of two dollars per day: Provided, That the pay of no one Director shall exceed the sum of one hundred dollars per annum.

SEC. 3. The President and Directors shall retain

in the bank.

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in the service of the corporation, one Clerk only, and To be but one they shall require the Cashier and Clerk, each in Clerk, and turn, to be and remain in their banking house during Cashier or the night, to guard the same, unless the said Cashier Clerk to sleep and Clerk shall procure some trusty person,. (to be approved of by the board) to discharge that duty, and for whose good conduct the Cashier and Clerk shall be responsible

SEC. 4. The charter of said corporation under the Charter exlaws now in force, except so far as they are changed tended. by this act, shall be, and the same is hereby contin

ued and extended until the first day of January, one

thousand eight hundred and thirty-six.

SEC. 5. That it shall and may be lawful for the Stockholders stockholders to hold an election on the second Mon- to elect Direc day in February next, for the number of Directors tors on their on their part allowed by the provisions of this act, and the said Directors thus elected to remain in office until the next annual election.

part.

Approved, January 30, 1828.

CHAP. 46.-An act to establish an Inspection of Tobacco at Ra

leigh, in Union County.

Inspection of tobacco estab

SEC. 1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That an Inspection of lished..

1828.

Tobacco be, and the same is hereby established in the town of Raleigh, on the Ohio river, in Union county, which Inspection shall be regulated by the laws now in force governing Inspections of Tobacco.

SEC. 2. Be it further enacted, That the County Court of Union, at their next July term, or at any subsequent term thereafter, a majority of the Justices County Court in commission being present,shall proceed to nominate and appoint three fit and proper persons as Inspectors of said Inspection at said town of Raleigh, who shall be governed by the laws respecting Inspectors of Tobacco, and receive the same fees as are now allowed by law to such Inspectors.

of Union to appoint inspectors.

Approved, January 30, 1828.

CHAP. 47.--An act to amend an act incorporating the Hartford
Manufacturing Company.

SEC. 1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That the first section of Namechang'd said act be so amended as to change the name and

7th section of

style of said company, which shall be hereafter called and known by the name of "The President and Managers of the Hartford Manufacturing Company," by which name they shall be entitled to all the privileges and immunities vested by said act of incorpo ration in said company.

SEC. 2. Be it further enacted, That the seventh secformer act re- tion of the act to which this is an amendment, be and pealed. the same is bereby repealed.

Part of 8th sec. repealed.

Mode of vot ing by stock.

*

SEC. 3. Be it further enacted, That so much of the eighth section of the aforesaid recited act, as limits. the number of shares to be held by any one individual to four, be repealed; and in voting upon all questions submitted to said company in general meeting, as well as in all elections for officers, where the members vote by stock, the following proportion shall be observed: for every share, not exceeding two, one vote each; for the next two shares, one vote; for every three shares above four and not exceeding ten, one vote; for every four shares above ten and not exceeding thirty, one vote; for every six shares above thirty and not exceeding sixty, one vote; and for every ten shares thereafter, one vote.

SEC. 4. Be it further enacted, That no individual or firm shall be considered a member of said compa

failing to pay. installments

forfeited for a

ny, until the first installment shall have been paid; 1828. and if any stockholder shall fail to pay any proportion of said stock or installments called for by the Penalties for President and Managers, at the time appointed for the payment thereof, every such stockholder shall, in of stock when addition to such installment, pay at the rate of one called for. per centum per month for every delay of such payment; and if such installment, with the additional penalty, shall remain unpaid for the period of six months, the same may be forfeited by an order of the Stock may be Board of Managers to the said company, upon giving failure to pay such stockholder notice thereof in writing, at least installments, thirty days previous; and if he shall pay up all ar- &c. rearages and penalties, previous to the day to which he is cited, all proceedings of forfeiture of such stock shall cease; or in default of payment of any stockholder of any installments as aforesaid, the President and Managers may cause suit to be brought in any court of record having cognizance thereof, or before Or suit may any Justice of the Peace, (as the case may be,) for be commencthe recovery of the same, together with the penalty the same and aforesaid, but they shall not be entitled to both rem- the penalty. edies; and after suit is brought, they shall relinquish all right to forfeit stock for a failure to pay such installment: Provided however, that nothing in this act shall be so construed as to authorize the said Presi- Proviso. dent and Managers to forfeit any stock that may fall into the hands of infants by reason of the demise of their ancestors, or to charge them with any penalty during their minority, but they shall be entitled to draw dividends on the amount of stock paid in.

ed to recover

SEC. 5. Be it further enacted, That when stock shall be forfeited as aforesaid, the person who held the Further pensame shall never thereafter be permitted to hold alty. stock in said company without the special permission

of the President and Managers, which shall be entered in the minutes of their proceedings.

SEC. 6. Be it further enacted, That no stockholder Stockn olders shall be eligible to any office in said company, or be to vote while not permitted allowed to vote in any case whatever, while in arrears in arrears. for or on account of his stock.

SEC. 7. Be it further enacted, That in all elections Plurality of for officers of said company, by the stockholders votes to elect thereof, a plurality of votes shall be sufficient for a officers. choice.

Liabilities of

SEC. 3. Be it further enacted, That the corporation the corpora ander the name and style mentioned in the first sec- tion. F

1828.

Justices of the

in certain

counties.

tion of this act, shall be liable for all the debts contracted or causes of action which have originated and may exist against the corporation as it heretofore existed.

Approved, January 30, 1828.

CHAP. 48.-An act to authorize the appointment of additional
Justices of the Peace in certain counties, and for other purposes.

Be it enacted by the General Assembly of the Commonwealth of Kentucky, That the county of Madison shall be entitled to one Justice of the Peace, in addition Peace allow'd to the number now allowed by law; the county of Harlan one, the county of Whitley three, the county of Trigg two, the county of Pulaski one, the county of Caldwell one, the county of Calloway one, the county of Hardin one, the county of Mercer two, the county of Perry one, the county of Bath one, the county of Todd one, the county of Jefferson one, the county of Washington one, the county of Scott two, the county of Anderson one, the county of Rockcastle one, the county of Livingston one, the county of Wayne one. That the county of Morgan shall be Constables al entitled to one Constable in addition to the number towed. now allowed by law, and the county of Bath one.

Approved, January 30, 1828.

Preamble.

cution order.

CHAP. 49.-An act for the benefit certain Sheriffs.

WHEREAS, it is represented to this General Assembly, that judgments in behalf of this Commonwealth were rendered at the present term of the General Court against John Ward, late Sheriff of Clarke county, Jesse Jackson, Sheriff of Muhlenburg county, and John Raglan, Sheriff of Allen county, and their securities, for the amount respectively due from them for the revenue of 1826, due and collectable in 1827; and it appearing proper that indulgence should be given to the defendants in said judgments: Therefore,

Be it enacted by the General Assembly of the CommonStay of exe- wealth of Kentucky, That the Auditor of public accounts ed on judgm'ts is hereby directed not to issue any execution on said agt. Sheriffs of judgments, or either of them, until three months after Clarke, Muh- the passage of this act; and if said Ward, Jackson and lenburg and Allen Coun- Raglan, shall severally pay into the treasury the principal, interest and costs of the judgments respective

ties.

1828.

securities be

ly rendered against them as aforesaid, within the three month aforesaid, then the damages included in said judgments shall be and they are hereby remitted to the defendants so making said payments. Provided however, That this act shall not take effect as to either of said judgments, unless the principal defendant there- Proviso. in shall within thirty days from and after its passage, procure a writing from under the hands of his securities in the bond executed by him for the collection of the revenuc, as follows: Whereas an act passed the entered into Writing to be General Assembly, approved-January, 1828, grant- by said Shering John Ward, Jesse Jackson and John Raglan the iffs and their further time of three months, to pay their judgments fore this act rendered against them and their respective securi- shall be avail ties, for the balance of the revenue due from them able. as Sheriffs, for the revenue of 1826, collectable in 1827; now we the undersigned, being the securities for said Ward, Jackson or Raglan, (as the case may be,) hereby bind ourselves not to take any advantage of said act, in any manner whatever, so far as it may be understood to release our liability under said bond, on the judgment rendered thereon, in favor of the Commonwealth, at the January term, 1828, of the General Court; which said writing shall be tested and forwarded to the Auditor of public accounts within the time aforesaid, and shall preclude the said securities from filing any plea or bill, relying upon this act as a release, and the said Sheriffs shall be allowed given to rewithin the time aforesaid, to make out their delin- turn their de quent lists in pursuance to the law now in force, and linquent lists, upon making out the same, the Auditor shall allow

said Sheriffs credit therefor.

Further time

Approved, January 30, 1828.

CHAP. 50.-An act to establish election precincts in certain

counties.

SEC. 1. Be it enacted by the General Assembly of the Precinct io Commonwealth of Kentucky, That all that part of Todd Todd county. county including the following bounds, to wit: Beginning at Joshua Brockman's on the Christian county line, thence a direct line to the West Fork meeting

house, thence a direct line to the Mount Gilead meet- Boundaries. ing house, thence due east to the Logan county line, thence with that line to the Tennessee State line, thence with the Tennessee State line to the Christian

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