1873. CHAPTER 949. Corporators names. Name and style. Capital stock. ness. AN ACT to incorporate the Kentucky Central Park Association of Bayle county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That W. B. Tomphens, William Brewer, Peter Gentry, Harvy Helm, Tep Bruce, Clay Powell, and their associates and successors, be, and they are hereby, created a body-corporate, with the name and style of the Kentucky Central Park Association, with a capital of not exceeding ten thousand dollars, to be divided into shares of fifty dollars each; and by that name said corporation shall have perpetual succession, and may have a common seal, and may contract and be contracted with, sue and be sued, in all the courts of this Commonwealth. § 2. The object and business of said corporation shall Object and busi- be to establish, and keep and maintain, a training and running park in Boyle county, Kentucky, for the training, trotting, and running of horses, and for the improvement of the breed and quality of such animals; and for these purposes said corporation shall be authorized to lease or purchase, own and hold, in said county of Boyle, not exceeding seventy-five acres of land, and inclose the same with a sufficient fence, and have a suitable track on said premises, for the purposes of said association, as herein declared, and erect, or cause or permit to be erected, an amphitheater, and other buildings, booths, and structures therein; and also to acquire, own, and hold such personal property as may be deemed necessary to enable said corporation to carry out the object of this act. Said corporation may exchange or sell any land or personal property acquired under this act, and obtain, hold, and own other real and personal property, for the uses and purposes herein provided for. §3. Said company may have trotting and running May have races matches and races on said ground, and charge for admission to same. and charge admission. of office and duties. § 4. Said corporation and its fiscal and prudential affairs Directors-term shall be under the management and control of a board of five directors, one of whom shall be president of said board, and chosen by said directors. The said directors shall be elected by the stockholders on the first Saturday in April of each year after the organization of the association shall have been completed; and in electing them, each share of stock shall entitle the holder to one vote, which may be cast in person or by proxy. They shall, before entering on the performance of their duties, be sworn faithfully to perform their duties, and serve until their successors are duly elected and qualified. No one but a stockholder shall be a director; and any vacancy during the year may be filled by the board of directors. 1873. Board to elect officers and re § 5. Said president and directors may have and elect a treasurer and secretary, and such other subordinate offi- quire bond. cers of said corporation as they may deem necessary, prescribe their duties, fix their compensation, and require bond and good security for the faithful performance of their duties; and said officers may be removed at the pleasure of the board of directors. § 6. Said president and directors may offer premiums and purses in running and trotting contests over the ground of the association; and shall have power, and they are hereby authorized, to make and establish such by-laws, rules and regulations, for the government of said trotting park, and the concerns of said corporation, as they may deem proper, not inconsistent with the Constitution of the United States or of this State. Board to make by-laws, &c. to appoint police § 7. Said board of directors shall be authorized to call County judge on the Boyle county court judge, and it shall be the duty for grounds. of said county judge, when so called on, to appoint special police officers to attend on and near said trotting park, when being used for the purpose contemplated by this act, who shall assist in the preservation of order and maintain the public peace; and may arrest all criminals or riotous or disorderly persons on said grounds, and take them before the nearest justice of the peace or police judge for trial; said police officers shall be paid by said corporation a reasonable compensation, or what may be agreed on for their services; and said board of directors may employ persons to act under their supervision and control, and to assist in maintaining order and the public peace on said premises, who may remove any riotous or disorderly persons from the same. Corporators may open books § 8. That the corporators herein named shall be authorized, at any time within one year, to open books for the of subscription. subscription of stock in said company, and keep the same open and receive subscriptions of stock until the entire capital stock, or so much as they may deem necessary for the purposes of said company, shall have been taken; and when as much as two thousand dollars of stock shall have been subscribed, said commissioners, or those acting, may, by notice in a newspaper in Danville, call a meeting of the stockholders in two weeks, to elect a board of directors as herein before provided for; and upon such election being made, the said company shall be organized. ized, and have the rights and powers herein conferred. Said president and directors shall have power to receive VOL. II-LOC. L.-29 When company may be organ 1873. additional subscriptions of stock, and shall determine the Approved April 21, 1873. CHAPTER 950. AN ACT in regard to certain streets in the city of Louisville. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That all streets or supposed streets, existing or supposed to exist, in that portion of the city of Louisville bounded by Seventeenth street on the east, Nineteenth street on the west, Bank street on the south, and Portland avenue on the north, be, and the same are hereby, discontinued, disestablished, and abandoned, except Eighteenth street, Beard street, and Todd street: Provided, This act shall take effect when approved by the general council of the city of Louisville, and not sooner. § 2. This act shall take effect from its passage. Approved April 21, 1873. Boundary. elected. CHAPTER 951. AN ACT to incorporate the town of Anderson City. 1 Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the town of Anderson City, in Anderson county, be, and the same is hereby, incorporated, with the following boundaries: Beginning at the mill-dam on Salt river; running from thence on a straight line to the tollgate on the Camdensville Turnpike Road, including same; thence with said turnpike road to the road leading from the same to the mill, and including the same; from thence on a straight line to Salt river, at the mouth of Indian creek, on Salt river; and from thence with said river to the beginning. § 2. That there shall be three trustees elected annually, Trustees to be on the first Saturday in May, by the qualified voters of said town. That said trustees and their successors in office shall be a body-corporate and politic, and known Name and style. by the name and style of the Trustees of Anderson City; and by that name be capable of contracting and being contracted with, of suing and being sued, of pleading and being impleaded, in all courts of this Commonwealth; and said trustees may have and use a common seal; and shall have all the powers and privileges, and be subject to all the duties and liabilities as provided by general law. § 3. The trustees of said town shall have power to make all by-laws for the regulation and good government of said town, not inconsistent with the Constitution and laws of this Commonwealth; they shall have power to levy a tax of not more than twenty cents on each one hundred dollars' worth of property in said town, subject to taxation, and not more than one dollar upon each poll within its corporate limits; and all fines and forfeitures for a violation of any of the ordinances or by-laws of said town shall be paid into the treasury of said town, to be used by the trustees for the public good. 1873. Powers and duties of trustees. Police judge and marshalto be powers and duties § 4. That on the same day set apart for the election of trustees of said town, there shall be held an election once elected, and their in every two years for the purpose of electing a police judge and town marshal for said town; and the said judge shall qualify and give bond, and shall be clothed with all the powers and privileges delegated to such officer; and he shall be governed and controlled by all the laws made binding upon such officer. The marshal of said town shall serve all processes and precepts to him directed from said police judge, or from the county judge, or any justice of the peace for Anderson county, and make due return thereof; collect all taxes assessed in said town, and all executions or other demands which may be put in his hands for collection, and in all things be governed by the same rules and regulations required by law of sheriffs in the collection of taxes, and of constables in the collection of executions or other demands. The said marshal shall be Marshal's fees. entitled to the same fees for collecting the town tax that sheriffs are entitled to for collecting the revenue tax, and in all other cases the same fees that are allowed by law to constables; and the said marshal shall have the same powers and rights given by law to constables throughout the county of Anderson. Said marshal, before he enters upon the discharge of his duties, shall execute, before the board of trustees for said town, a bond, with good security, conditioned that he will faithfully and impartially discharge the duties of said office, and in proper time pay over to the trustees of said town all taxes, fines, forfeitures, and money belonging to said town which may come into his hands; he will also take the oath of office, and execute a bond similar to that required by law of constables, before the county court of Anderson county; and on his failure to discharge any of the duties required of him by this act, or by any existing law, shall be subject to the same proceeding as may be by law had against sheriffs and constables in similar cases. Marshal to give bond. § 5. The county court of said county may appoint trustees, police judge, and town marshal, to hold their offices until the first election and qualification of their successors. 6. That the board of trustees of said town may grant license to persons to keep a tavern and to retail spirituous liquors, upon the payment of such sums of money as they may deem proper, not exceeding one hundred dollars, which sums, when paid, go into the treasury of said town: Provided, however, That bond shall be executed in the county court of Anderson county and the State tax paid as now required by law. 7. This act to take effect from its passage. Approved April 21, 1873. names. CHAPTER 952. AN ACT to incorporate the Owensboro Building and Loan Association. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That J. G. Delker, T. H. Guthrie, J. C. Rudd, Dr. Corporators' R B. Gilbert, C. Zuckriegel, L. W. Marble, E. B. Colgan, J. R. Osborne, J Z. Moore, and W. K. Anderson, and their associates and successors, be, and they are hereby, Name and style. created a body-corporate, under the name and style of the Owensboro Building and Loan Association, of Owensboro, Kentucky. ers. § 2. Said association shall, by that name and style, have Corporate pow- perpetual succession, and be capable of suing and being sued, pleading and being impleaded, in all courts and places; of contracting and being contracted with; of having a common seal, and the same to make, break, or alter at pleasure; to acquire, use, hold, and sell real and personal estate, in and near Owensboro, and Daviess county, Kentucky; issue stock, not exceeding two hundred thousand dollars; loan its funds at legal rates of interest, and take mortgages and other securities therefor. § 3. The funds of this association shall be represented Stock regulations by stock, and each share of stock shall be one hundred dollars, which shares shall be personal property, and may be subscribed, paid for. transferred, and forfeited for nonpayment, in such manner as the said association or its board of directors may, by resolution or by-laws, prescribe and determine. Officers. § 4. The officers of said association shall be a president, secretary, treasurer, and five directors; but no person shall be a director, or other officer, unless he be the owner of at least two shares of stock. |