1336 Masonic hall to be used as the academy. To be rented out, &c. SEC. 2. Be it further enacted, That the title to the masonic hall, in the town of Russellville, lately purchased by the subscription of shares, in the form of stock, for a male academy, be, by the consent of the stockholders, or a majority of them, vested in the said trustees, and their successors, to be rented out, and used by them as a male academy, and the residence of a teacher, as well as other purposes; and the said trustees shall, annually, on the first Monday of Janua- to be collectry, collect the rents, and after defraying the expen- cd and how ses of repairing said house, and the premises, from applied. time to time, shall pay the residue of the rents to the shareholders of said house and premises. When rents Concerns, &c. How & when elected. Trustees to act until sucelected, &c. cessors are SEC. 3. Be it further enacted, That the real and personal estate, business, property, funds, and pru- of academy to dential concerns, of said academy, and the adminis- be under the tration of its affairs, shall be under the direction, control of ten management, and control of ten trustees, who shall trustees. be stockholders at the time of their election. They shall be elected by the stockholders annually, on the first Monday in January, in the year 1837, and annually on the first Monday in January, each successive year thereafter; and the trustees named in the first section of this act, shall discharge the duties of trustees, until others shall be elected, and those in office shall continue to act as such, from time to time, until their successors shall be duly elected. The elections shall be held at the academy, and shall be by ballot and a plurality of votes, to be counted after all the ballots are taken, by, and under the inspection of the trustees, and each stockholder shall be entitled to one vote for every share of twenty-five dollars, he or she may own in stock, in said academy, in his or her own right. Shareholders having a right to vote by proxy, such proxy being granted in writing, to a stockholder attending the election, or meeting of stockholders. Where and how clections are to be held. When no elec SEC. 4. Be it further enacted, That if it shall so happen that an election of trustees shall not take tion is held place on any day designated in this act, the corpora- another day tion shall not, for that cause be dissolved, but it may be desig shall be lawful for the trustees, or stockholders to nated. Corporation cause an election to be held on any other day; but not to be diswhen an election shall take place on any other day solved for a than the one fixed in this act, notice of the time and failure to elect place of holding the same, over the signature of at lection to be least one trustee or stockholder, published in the given. P Notice of e 1836 paper, then published in the town of Russellville, if any, if not, set up on the door of the court house in said town, shall be given. SEC. 5. Be it further enacted, That said trustees Treasurer, may appoint a treasurer, clerk, and other subordiclerk, &c. to nate officers, from their own body, or out of it, if be appointed; they choose, fix their compensation, define their and duties &c. powers, and prescribe their duties, and require of them such bonds, with such penalties, and with such their powers conditions as they may deem right; and any of said officers may be removed by said trustees, five at least May be re- concurring therein, and stating. the cause of their removal on the books of said trustees. moved. SEC. 6. Be it further enacted, That the trustees Power to em. shall have power to employ a principal professor, ploy teachers. and such assistant professors as they may deem necessary, and may remove the same at pleasure, a maMay fill va jority of all the trustees concurring therein, and may cancies and fill any vacancy in their own board, and may appoint a president thereof. elect a president. quorum, &c. SEC. 7. Be it further enacted, That the said trusMajority to tees, a majority of whom shall constitue a quorum constitute a to do business, may, from time to time, make such bylaws, rules and regulations, for their own government, and for the management, and superintendence of said academy, and all matters appertaining thereto, which they may judge expedient, not inconsistent with this charter. office. how filled. SEC. 8. Be it further enacted, That if any trustee Removal or shall remove from the county of Logan, or shall fail failure to at- to attend the board at its meetings, three times in tend meetings a forfeiture of succession, without a satisfactory excuse, it shall be a forfeiture of his office, and the vacancy shall be Vacancies filled by the choice of another in his place, by the said trustées. And said trustees, at all times in the management of said institution, in the election of teachers, the renting the house, management of the funds of said institution, and in all other matters appertaining to the management, superintendence, and direction of said institution, shall be governed by the advice and consent of the stockholders, or a majoriTrustees to be ty of them, whenever said stockholders shall undergoverned by advice &c. of take to give advice, or express their wishes by regutockholders. lar meeting and resolution; each shareholder being allowed, in all such meetings, as well as on all other occasions when said stockholders shall act, to give one vote for each share he may hold in said institu tion, and to vote by proxy, as above directed. SEC. 9. Be it further enacted, That it shall not be necessary for said corporation to procure a common seal, all its corporate acts may be manifested and made known by the signature of the president of the board of trustees of the Russellville male academy, affixed to the document, contract, deed, or writing executed, or by some entry, minute, or memorandum made on the records of the proceedings of the corporation, and all contracts, deeds, writings and conveyances, made and entered into, in the name of the corporation, and signed by the president in his official capacity, in manner aforesaid, shall be as good and effectual in law for the purposes designed by them, as if the said corporation had a common seal, and the same was duly affixed to any of said instruments. 1836 Corporate seal not necessary. How act authenticated. kept. SEC. 10. Be it further enacted, That the trus- Record of protees of said corporation shall keep a regular record ceedings to be of their proceedings, which shall be signed on each adjournment, by their president, or president pro tem, in case of his absence. SEC. 11. Be it further enacted, That it shall be To purchase lawful for the trustees out of any funds of said corpo- philosophical ration, subject to be disposed of, to purchase for the apparatus. use of the academy, a philosophical apparatus, and all such instruments and tools, globes, maps, and charts, as may be useful in facilitating instruction in any science or art taught in said institution, and likewise a library. SEC. 12. Be it further enacted, That the shares of said stockholders shall be, and the same is hereby made assignable, by transfer in writing, and the assignee shall be invested with all the powers, rights and privileges of the original holder, so soon as the said trustees shall have notice of said assignment. Approved, February 17, 1836. Shares trans ferable, and in what way. CHAP. 184.-AN ACT allowing an additional Magistrate and Be it enacted by the General Assembly of the Approved, February 17, 1836. 3 1836 extended rough Crab rchard. CHAP. 185.—AN ACT to amend an act to provide for the improvement of the road from Franklin county, to Crab Orchard, in Lincoln county, SEC. 1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That the act, enOriginal act titled, an act to provide for the improvement of the amended as authorize road from Franklin county, to Crab Orchard, in Linle road to coln county, be so amended, that the board of internal improvement, for Lincoln county, be, and they are hereby authorized and empowered, to extend the turnpike road, commencing at a point on the road from Frankfort to Shelbyville, and running through the towns of Lawrenceburg, Harrodsburg, Danville, Stanford, and Walnut Flat, to the Crab Orchard in Lincoln county, on, and through Crab Orchard; and said board are hereby authorized, with the same powers, to construct said road through the latter town, that they now possess in relation to the construction of any portion of said road. Mercer, and tock. SEC. 2. That the county courts of Franklin, Anounty courts derson, Mercer, and Lincoln counties, are hereby auof Franklin, thorized and empowered to subscribe stock in the Anderson, said turnpike road, with their respective counties, incoln may not exceeding the following sums, to wit: in the ubscribe for county of Franklin, not exceeding five thousand dollars; the county of Anderson, not exceeding the sum of two thousand five hundred dollars; the county of Mercer, not exceeding the sum of five thousand dollars, and the county of Lincoln, not exceeding the sum of five thousand dollars; which sums the aforeHow to be said county courts may raise, by an ad valorem tax upon the land and slaves of their respective counties. SEC. 3. That the president and managers, or boards Boards au- of internal improvements for the counties aforesaid, to shall be, and they are hereby authorized and empowmo- ered, to borrow any sums of money, not exceeding aised. thorized Dorrow ney. the sums aforesaid, except the board of internal improvement for Anderson county, who may borrow any sum not exceeding eight thousand dollars, and the board of internal improvement for Franklin county, for the road in the direction to Hardinsville, and the board of internal improvement for Franklin county, for the road to Lawrenceburg, not exceeding five thousand dollars each: Provided however, That the said boards of Lincoln and Mercer counties, a majority concurring, may borrow any sum, not ex ceeding five thousand dollars each, upon a lease of 1836 their individual stock in said company: lowed two - terms. what SEC. 4. That the board of internal improvement,, Anderson alfor Anderson county, may erect a toll gate, at, or gates. near the blacksmith's shop at the widow Myzner's, and one at the intersection of the Buckley's ferry road with said turnpike, and collect from all persons Where and passing said gates, one half the amount of toll which upon they are by the charter authorized to collect:" Provided however, That the citizens of Anderson Citizens to county, (on foot or on horseback) shall be permitted pass free upon to pass said half gates, free of toll; and whenever conditions. the county court of Anderson shall refuse to furnish said board of internal improvement with one hundred hands, for three days in each year, then, and in that case the said board shall have the right to demand and receive, from the citizens of Anderson county, the same tolls that are paid by others for passing said gates. Approved, February 17, 1836. CHAP. 186.-AN ACT to authorize the Stockholders of the Covington and Lexington Turnpike Road Company, to vote whether Dry creck Post Office, shall or not, be a point in said road. Whereas, it appears that doubts exist among the directors of the Covington and Lexington turnpike Preamble. road company, in locating said road, whether said directors were at liberty to select the most eligible route for said road, in consequence of being required by the charter of said company to adopt the nearest and most eligible way; and whereas it is represented, that by reason thereof, injury was done, to some persons in the neighborhood of Dry creek post office, by the present location of said road: For remedy whereof, Be it enacted by the General Assembly of the Com- Stockholders monwealth of Kentucky, That it shall be lawful for may meet. the stockholders in said company, to meet at some public place on the line of said road, the time and Time of meetplace of meeting having been previously advertised ing to be adfor three successive weeks in the Covington Enquirer, vertised. and then and there organize themselves for the pur-i pose, and take a vote whether or not the location of said road, as it has been made, shall be so changed, P2 To vote upon a change of location. 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