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academy acres aforesaid allowed amount applied appointed APPROVED January Assembly authorised authority bank benefit bond bound capital cause cents CHAP circuit court clerk collect commissioners Commonwealth of Kentucky concerning continue convey copy corporation county court directed directors dollars drawing duties election enter entitled erected established exceeding execution fail fines five further enacted give given granted hands heirs held hereafter hereby hold hundred issue James John justice land levy lots lottery majority managers manner meeting months necessary notice oath paid pass peace penalty persons present president proceed proper Provided purchasers raise receive Recital recovered regulations represented respectively river road sell shares sheriff streets subscribed successors taken thence thereof Thomas thousand dollars tion tolls town trustees turnpike unless vested vote WHEREAS
Page 409 - That, in case it should at any time happen, that an election of directors should not be made upon any day when pursuant to this act it ought to have been made, the said corporation shall not, for that cause, be deemed to be dissolved ; but it shall be lawful, on any other day, to...
Page 385 - States : and also to make, have, and use, a common seal, and the same to break, alter, and renew, at their pleasure: and also to ordain, establish, and put in execution...
Page 385 - And by that name, shall be, and are hereby made able and capable in law, to have, purchase, receive, possess, enjoy, and retain to them and their successors, lands, rents, tenements, hereditaments, goods, chattels and effects of...
Page 412 - Corporation, which shall be made to any person, or persons, shall be assignable, by endorsement thereupon, under the hand or hands of such person or persons, and of his, her, or their assignee, or assignees, and so as absolutely to transfer and vest the property thereof in each and every assignee, or assignees, successively...
Page 385 - SOCIETY, and for the purposes aforesaid, and by the name aforesaid shall have perpetual succession and a Common Seal, with full power and authority to alter, vary, break, and renew the same at their discretion, and by the same name to sue and be sued, implead and be impleaded, answer and be answered unto...
Page 388 - ... one vote: For every six shares above thirty, and not exceeding sixty, one vote: For every eight shares above sixty, and not exceeding one hundred, one vote: and for every ten shares above one hundred, one vote: But no person, copartnership or body politic shall be entitled to a greater number than thirty votes. And after the first election no share or shares shall confer a right of suffrage, which shall not have been holden three calendar months previous to the day of election.
Page 481 - ... capital stock, and the increase and profits thereof, and of enlarging the same from time to time by new subscriptions, in such manner and form as they shall think proper, if such enlargement shall be found necessary to...
Page 413 - Such of the said directors, who may have been absent when the said excess was contracted or created, or who may have dissented from the resolution or act whereby the same was so contracted or created, may respectively exonerate themselves from being so liable, by forthwith giving notice of the fact, and of their absence or dissent, to the president of the United States, and to the stockholders, at a general meeting, which they shall have power to call for that purpose.