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How contracts
Inay be let out,

ed in the State Bank at Tuscaloosa, by authority of an act passed at the present session of the General Asseinbly, entitled an act to amend and continue in force an act entitled an act to regulate the affairs of the banks, and provide for the payment of the State bonds, approved the fourth of February, eighteen hundred and forty-eight; which order shall be a good voucher on any settlement with the general commissioners.

Sec. 2. Be it further enacted, That the board of com: missioners, authorized by this act, may publish the manner, the time, and place of letting out contracts, as they may think best; and any law or laws contrary to the provisions of this act are hereby repealed.

Approved, March 6, 1848.

Corporators.

Style.

Ability.

Powers defined.

Vacancies.

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To incorporate Oak Hill Academy, in the county of
Wilcox.

Section 1. Be it enacted by the Senate and House of Representatives of the State of Alabama, in General Assembly convened, That Daniel J. Fox, John H. Jones, William Dale, Charles T. McConnico, and Richard Williams, and their successors in office, be, and they are hereby created a body corporate and politic, by the name and style of "the President and Trustees of the Oak Hill Male and Female Academy," and by that name shall have power to receive donations, borrow money, purchase, have and hold real estate and personal property, not to exceed five thousand dollars in value, to be held by them for the purpose of education; to sue and be sued, plead and be impleaded, and to recover all debts that may become due. owing or belonging to said institution, as the property

thereof.

Sec. 2. And be it further enacted, That the above. named Trustees, and their successors in office, shall have power to appoint a President, Secretary, Treasurer, and such other officers as they may think expedient or necessary to conduct said institution, and to prescribe the duties thereof; to pass all, by-laws necessary for the government and maintaining of said institution, not incompatible with the laws of this State.

Sec. 3. And be it further enacted, That all vacancies that may occur in the board of Trustees, by death, resig

nation or otherwise, shall be filled by the members of said board.

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To revive and continue in force, "an act to incorporate the town of Decatur, in the County of Morgan," approved, January 9th,

1841.

Sec. 1. Be it enacted by the Senate and House of Representatives of the State of Alabama, in General Assembly convened, That an act to incorporate the town of Decatur, in the county of Morgan, approved January 9th 1841, be, and the same is hereby revived.

Sec. 2. And be it further enacted, That the elections therein required to be holden, may hereafter be held on the first Monday in any month, and the persons so elected may continue to act until their successors are elected, so that said act shall not again cease to exist, for the want of holding such elections.

Act revived.

Elections.

Superintendents

Sec. 3. And be it further enacted, That for the purpose of holding an election, L. S. Banks, James A. Pattison, William A. of election. Rogers, James Blain and R. R. Walden, or a majority of them, be, and they are hereby appointed to conduct and superintend the, same, on the first Monday in any month they may appoint and give the proper notice.

Approved, March 2d, 1848.

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To Incorporate the Greenville Female Academy, in the County

of Butler,

Section 1. Be it enacted by the Senate and House of Representatives of the State of Alabama in General Assembly convened, Names of trustees That Thomas H. Watts, John K. Henry, Samuel J. Bolling, H. B. Taylor and Reuben Bonner, and their associates and successors in office, are hereby constituted a body corporate, by the name and style of the "Trustees of the Greenville Female Acad. emy," and by that name shall have full power and authority to Corporate name. have and to use a common seal, and the same to break, alter and renew at pleasure, to sue and be sued, plead and be impleaded, in all kinds of actions, either at law or equity, to receive donations, and make purchases of real and personal estate, not to exceed in value twenty thousand dollars, which shall inure to them and their successors in office forever; and to sell, alien and dispose of the same; to grant diplomas, or such other evidences of scholar

Powers

Organization of board.

for trustees.

ship as they may think proper, and further to pass all such byelaws, rules and regulations as the said corporation may deem expedient, for the good government of said Academy, the same not being repugnant to the constitution and laws of the United States or of this State.

Sec. 2. And be it further enacted, That said trustees and their said successors, shall have power to appoint a President, who shall be chosen from among themselves; to appoint such other officers as they may think expedient; to prescribe the duties of each; and appoint such teachers as they may deem neces

sary.

Šec. 3. And be it further enacted, That there shall be held Annual election annually, at such time, and in such manner, as may be agreed upon and determined by the said board of trustees and their suc. cessors in office, an election for five trustees, who shall hold their offices for one year, and until their successors shall be elected; and at said elections those only shall be entitled to vote that are interested, either by being subscribers, or having contributed, in money or property, to said Female Academy; and all vacancies arising in said body, by death, resignation or otherwise, shall be filled by the remaining trustees, or a majority of them, and the number or nurabers, so appointed, shall continue in office until the next succeeding election.

Sec. 4. And be it further enacted, That the lands, buildings. Property exempt or other property of said Female Academy, shall, while used for the purposes of education, be exempt from all taxation what

from taxation.

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To authorize the Marshal of of the town of Salem, in Russell
County, to act as Constable.

Section 1. Be it enacted by the Senate and House of Representatives of the State of Alabama, in General Assembly convened.. That from and after the passage of this act, it shall be lawful for the town Marshal, or who may hereafter be elected by the Intendant and Councilmen of the town of Salem, in the county of Russell, to execute warrants or other process, issued by any justice of the peace, in the same manner as constables are in the sev. eral counties in this State: Provided, that before he shall be authorized as aforesaid, he shall be required to take the oath and execute bond, before the Judge of the County Court, under the same rules and regulations as required of constables: And prorided further, that said town Marshal shall be subject to all. laws and penalties provided for constables in this State.

Approved, February 25, 1848..

1

[No. 119.]

AN ACT

To Incorporate the Louisville Academy.

Section 1, Be it enacted by the Senate and House of Represertatives of the State of Alabama, in General Assembly convened, That M. A. Patterson, John W. Jackson, F. A. McRae, William McCormick and E. M. Heron, trustees of the Male and Female Trustees. Academy, near Louisville, in Barbour county and their succes. sors an office, be, and they are hereby declared a body corporate,

Proviso

by the name of the Louisville Academy, with power to held real Corporate name. and personal estate, and with all other powers incident and prop. er to the management and direction of an academy for both sexes: Provided, this act may at any time be modified or repealed. Approved, Feb. 18, 1848.

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To Incorporate the Coosa and Tuscaloosa Rail Way Company.

Corporators.

Name and style:

Section 1. Be it enacted by the Senate and House of Represen tatives of the State of Alabama, in General Assembly convened, That James H. Dearing, James Hogan, Henry A. Snow, Ninian Tannehill, and their present and future associates, are hereby constituted a body corporate, by the name and style of "The Coosa and Tuscaloosa Rail Way Company," for the purpose of building and putting into operation, a Rail Way, extending from the city of Tuscaloosa, to the town of Gadsden, or to such other point on the Coosa river, as may be deemed by said company most advisable: And by that name may sue and be sued; plead Powery. and be impleaded; answer and be answered, in any court of law or equity; and to have and use a common seal; hold real and personal estate, to an extent necessary for the business of said corporation; and do all acts common to similar corporations, and hot inconsistent with the constitutions and laws of the United States and of the State of Alabama.

Sec. 2. Be it further enacted, That the capital stock of anúk

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corporation shall not exceed the sum of one million of dollars, and Amit and regul that subscriptions to the same shall be regulated by the said tion of stook. Dearing, Hogan, Snow and Tannehill, and their associates, as to the time, place, when and where said subscription shall be taken, the amount to be paid on subscribing, and as subsequent necessities require, with full power to regulate the whole matter, and to declare forfeitures, under certain rules, when stockholders fail to comply, and to do all other things necessary to secure the punctual payment of the several instalments of stock required, as they become due, so that any regulation thus adopted shall be gone. ral, and operate upon all subscribers alike; and also, so that should any stockholder fail to pay in his subscription of stock, according

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Stock divided into shares.

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ot the requisitions of said corporation, the same shall have power on giving ten days' notice to such defaulting stockholder, to move for, and obtain judgment, in either the Circuit or County Court of the county of Tuscaloosa, for the amount of subscript in for which they may be in default, with five per cent thereon, if said trustees think it advisable to insist on the same, and costs of suit.

Sec. 3. Be it further enacted, That the capital stock of said corporation shall be divided into shares of twenty-five dollars each, to be assignable and transferable according to such regula tions as said corporation may adopt, and the number of votes to which each stockholder may be entitled on all questions arising at business meetings, shall be equal to the number of shares of stock he may hold, each share being entitled to one voto.

Sec. 4. Be it further enacted, That said company shall Le When organized considered as organized, whenever a sufficient, amount shall Le subscribed, to emaile them to proceed to the erection of said road, or any part thereof, when said stockholders shall elect five Trustees to manage the property and concerns of said corpora tion, one of whom shall be appointed President, by the other Frustees; said Trustees to be chosen annually, at such time and place as the stockholders may determin upon: Provided, that the Trustees, for the time being, shall serve until their successors are elected, and they, or a majority of them, shall farm a quorum for the transaction of business, and shall have power to make all such bye-ins, and ordinances, as to them may appear neediul, touching the management and disposition of the property and ef fects of sold corporation, and the construction of the before inen. tioned road, and all matters pertaining to the saine; and they shail have power to employ all such officers, agents, and servants as they may find necessary,

Divisions of rod. Sec. 5. Be it further enacted, That said corporation, shall have power to commence the construction of said, foad in such divisions, and at such points, as may be thought most likely to effect the end of completing said read.

Corporaters may

Sec. 6. Be it further enacted, That said corporation shall be Contract for mal authorized to contract for, and receive conveyances of, lands, timber, stano, or other material necessary to the construction of *said road; and should owners thereof and the said corporation not be able to agree as to the value thereef, or the owner thereof be pen compos mentis, an infant, or non-resident having no agent in this State, then it shall be lawful for the Trustees of said company to apply to any justice of the peace, for a warrant, directed to the sheriff of the county where such land or other material may esa, «ommanding him to summon a jury of seven disinterested freePostera, a majority of whom shall be authorized to assess the damaze, unmer the same rules and regulations now established by suke, in cases of other roads; and the jurors trying said cause ogail take the fi llowing oath, which the sheriff is authorized to erminster: "You, and each of you, do hereby swear (or affiren ) unas you will well and truly try the case now pending and sub

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