collection, and to agree with him as to his compensation 1874. for collecting the same, not exceeding ten per cent. on the amount of each list. § 2. That said taxes shall have the same force when placed in the hands of said officer as they had by law when placed in the hands of said Tipton, as sheriff, for collection, and shall so remain in force for and during two years from and after the passage of this act. §3. That said officer may levy and distrain for said taxes, and sell the property of delinquents to pay the same, in the same manner and on the same terms as is now prescribed by law for sheriffs to collect taxes and make all conveyances for property sold that may be nec essary. §4. That the original lien on the property of said delinquent tax-payers shall remain in full force for said two years aforesaid; but said officer shall be liable to all the pains and penalties for making illegal levies and sales of property for said taxes, or for collecting taxes that have been paid, that sheriff's are now liable to by law. § 5. That it shall be the duty of said officer to receive said taxes and proceed to collect the same when offered him by said administrator. § 6. That this act shall be in force from and after its passage. Taxes to be enforceable. Officers may levy and distrain for same. Original lien to have full force. Approved February 23, 1874. CHAPTER 493. AN ACT to incorporate the Lexington Agricultural and Industrial Exposi Be it enacted by the of Kentucky: tion Company. General Assembly of the Commonwealth Corporators' names. Name and style. §1. That James F. Robinson, John A. Prall, James H. Mulligan, James A. Farra, and W. T. Hughs, and such other persons as they may choose to associate with them, be, and are hereby, created a body-politic and corporate, with perpetual succession, under the name and style of the Lexington Agricultural and Industrial Exposition Company; and by that name may contract and be contracted with, sue and be sued, plead and be impleaded, in all courts; and shall be capable of acquiring, by purchase or lease or otherwise, any quantity of land, not exceeding one hundred and fifty acres, and may impose the Corporate powers same, or any part thereof, at pleasure; and may acquire, hold, and dispose of any personal estate which the president and directors may deem necessary and proper. The said association may adopt and use a corporate seal, and 1874. scriptions of stock. break or change the same at pleasure, and may for the time being use the private seal of their president. § 2. That said company is hereby authorized and emMay receive sub- powered to receive any subscriptions to the stock of said concern which the president and directors may deem necessary, to enable them to carry out the purposes and objects of said company; and may receive any donations of money or property by way of loans. directors elected. to be §3. That on the second Monday in January, 1875, and When and how on the second Monday in January in each year thereafter, there shall be elected by the qualified stockholders of said company, for the management of the affairs of said company, a president and four directors, or such number of directors, exceeding four in number, as the stockholders may hereafter determine necessary and proper for the prudential management of the affairs of said company. ors. § 4. That the prudential, fiscal, and other concerns of Powers of direct- said company, together with all its estate of every kind and description, shall be under the control and management of the president and directors aforesaid; and they shall have power to appoint a treasurer and secretary, and such other inferior officers as they may deem necessary to carry out the purposes and objects of said company; and they may require of any officer of said company bond, with good security, for the faithful discharge of his duties. They shall have power to make such regulations and by-laws, not inconsistent with the Constitution and laws of this State, as, in their opinion, may contribute to the good order, management, and prosperity of said company, and may, from time to time, modify or repeal the same at pleasure. stockholders. § 5. That each and every person who has or shall subSubscribers to be scribe to the stock of said company the sum of fifty dollars shall be a stockholder in said association, and each stockholder, for every fifty dollars of stock owned by him in said company, shall, in the election of the president and directors for same, be entitled to one vote: stock. Transfers of 6. That the stock of said company may be assigned. and transferred upon the books of said company. § 7. That the president and directors of said company May borrow shall have power to borrow money, and pledge or mortgage the property thereof to secure the payment of the money by mortgage. Quorum. Board to keep record. same. § 8. That two directors, together with the president, or four directors without the president, shall be a quorum for the transaction of business, unless the company shall at some regular meeting fix upon a different number. § 9. That the president and directors shall keep a record of all by-laws and resolutions passed by them, as also a fair record of all their proceedings, which shall be open to the inspection of any one interested. § 10. That to carry into effect the power granted in the seventh section hereof, the company may issue its bonds to an amount not exceeding twenty thousand dollars, bearing interest at a rate of interest not exceeding ten per centum per annum, payable annually or semi-annually, as said company may determine, which bonds shall run for a length of time not less than five years. 1874. May issue bond City of Lexing ton may take § 11. That the city of Lexington, by its corporate authorities, may subscribe to the capital stock of said com- stock. pany to an amount not exceeding five thousand dollars for and on behalf of said city, or in lieu of a subscription to the capital stock of said company, said city may, by its said authorities, guarantee the payment of the bonds of said company to an amount not exceeding that last above named; and all acts or parts of acts in conflict into this act be, and the same are hereby, repealed. § 12. This act shall take effect from its passage. Approved February 23, 1874. CHAPTER 495. AN ACT to amend the charter of the city of Cynthiana. Be it enacted by the General Assembly of the Commonwealth of Kentucky: School trustees to be elected, & § 1. That at the regular election to be held in the city of Cynthiana on the first Saturday in April, 1874, and at term of office. each annual election thereafter, the qualified voters of said city shall elect two trustees of the public schools of said city, to take the place of those whose term of office expires at the time of such election. The trustees so elected shall hold their office for the term of four years, or until their successors are duly elected and qualified. In case of the death, resignation, or refusal of any trustee so elected to act, the other trustees shall fill the vacancy until the next regular election, at which time a trustee shall be elected to fill the unexpired term. § 2. That the trustees of the city school shall have the entire control of the common school of said city, and shall have power to regulate, control, and supervise the same, and to levy a tax for the support thereof, not exceeding the amount now fixed by the amended charter of said city, approved February 15th, 1873. Trustees to have control of public school. How tax to be levied and col §3. The tax levied under the provisions of this act shall be levied only on the property of the white people, lected. and in the same way, and collected by the same officers as are the taxes levied for the other expenses of the city, 1874. except that it shall be levied at such time as the board of trustees may provide; and, when collected, shall be kept separate and apart from the other revenues of the city, and shall be paid out only on the order of the board of trustees of the city school, and subject to such regulations as they shall prescribe. § 4. The mayor of said city shall be ex-officio chairman Mayor to be of the board of trustees, but shall not be entitled to a vote except in case of a tie. chairman of board. Clerk and treasurer to be elected. and bond. 5. That the qualified voters of said city shall, at the regular election in said city in April, 1874, and at each regular annual election thereafter, elect a city treasurer Term of office and a city clerk, who shall each hold their office for one year, and until their successor is elected and qualified. They shall be required by the council to give bond for the faithful performance of the duties of their office; and shall be entitled to receive a compensation for their services, which shall be the amount now fixed by ordinance, until otherwise changed by the council; but no change shall be made at any time so as to take effect during the term of any one in office at the time of the change. Compensation. voters. § 6. At all elections held in said city by the qualified Qualifications of voters thereof, no one shall be entitled to vote who has not, on or before the last Saturday in March of that year, paid the poll-tax assessed against him for the year in which the election is held: Provided, That if any person offers to pay to the treasurer of said city the poll-tax assessed in said city, who has not been listed by the assessor, it shall be the duty of the treasurer to take the list of such person, and to receive his tax and give him a receipt therefor. If the treasurer doubt whether such person is otherwise entitled to a vote, he may indorse the receipt given under protest; but the judges of the election shall have the right and it shall be their duty to pass upon the qualifications of each person offering to vote. councilmen in contested elections. § 7. That the mayor and board of councilmen of said Qualifications of city in office at the time of the election, or if they or any of them are interested in or related to any one claiming an office, then such as are not thus disqualified shall be the judges of the qualifications and election of the offi cers of said city, and shall have power to decide all contested election cases in said city; and if the mayor and four or more councilmen then in office are interested in or related to the contestants, then from the councilmen last in office and not so related or interested, shall be selected by lot a number which, with those in office and not disqualified, will constitute a board of five persons to try the contest. The board formed in either mode above shall take an oath faithfully to decide the contest; and they shall make a report, in writing, to the council, which shall be final, except that if they find that a person has received the highest number of votes who was not legally qualified to hold the office, or in case of a tie, a new election shall be ordered. § 8. This act shall take effect from its passage. Approved February 23, 1874. 1874. CHAPTER 496. AN ACT to incorporate Eginton Lodge, No. 490, F. A. M., in Whitley county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That John W. Siles, jr., Master, Calvin B. Stanfill, Senior Warden, and Granville P. Rose, Junior Warden, of Eginton Lodge, No. 490, of F. and A. M., be, and they are hereby, constituted a body-politic and corporate, under the name and style of Eginton Lodge, No. 490; and said body shall have perpetual succession, with legal capacity under said name and style to contract and be contracted with, to sue and be sued, plead and be impleaded, answer and be answered, in all the courts of this Commonwealth and elsewhere; and to have and use a common seal, and to alter the same at pleasure. Corporators' names. Name and style. Corporate powers estate. § 2. That said corporation shall have power to take and May acquire real hold by purchase, gift, or devise, any real or personal estate, not exceeding in value ten thousand dollars, and to sell or dispose of and convey same at pleasure. 3. That service of notice or process on the Master or Service of notice. Secretary of said Lodge shall be sufficient notice to said corporation. §4. That said corporation shall have power to pass all such by-laws, rules and regulations, not inconsistent with the general laws of the land, as said corporation may deem expedient for the control, management, and preservation of the property, interests, and concerns of the Lodge. May pass bylaws, &c. § 5. The incorporators may issue bonds for sums not May issue bonds. less than twenty-five dollars, payable in five years, and bearing interest at a rate not exceeding ten per cent.; but the whole amount issued shall not exceed four thousand dollars. § 6. This act shall take effect from its passage. Approved February 23, 1874. |