CHAPTER 73. AN ACT for the benefit of the Kentucky Illiteracy Commission, appropriating money thereto and providing a census of adult illiterates. Whereas, the latest report of the United States Census Bu reau shows 208,084 illiterate men and women in the State of Kentucky, and the Kentucky Illiteracy Commission is reducing that number and attempting to confer upon all the benefits and privileges of education; and, Whereas, the work of said Commission is greatly handicapped by lack of proper support; therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That there is hereby appropriated to the Kentucky Illiteracy Commission the sum of five thousand dollars ($5,000.00) for the fiscal year ending June 30, 1916, and the sum of five thousand dollars ($5,000.00) for the fiscal year ending June 30, 1917, to be paid to said commission from time to time upon warrants signed by the president and secretary thereof drawn upon the Auditor who shall draw his warrant upon the Treasurer. § 2. The fund thus appropriated shall be expended for such clerical help, county field agents and other legitimate expenses as may be necessary in the efficient and economic methods of teaching illiterate men and women. Provided, however, that no part of the money herein appropriated shall be applied or be used to pay a salary, or any part of a salary, to any member of the Kentucky Illiteracy Commission. $3. The Kentucky Illiteracy Commission, to enable it to expend the money herein appropriated intelligently and economically, shall have taken a census of the illiterates of the various counties of the State whose age is over twenty years; and it shall be the duty of the school trustees of the various school subdistricts to take such census and to report it to the County Superintendent of Schools of their respective counties, at the same time that he reports the census of the pupil children thereof. That the County Superintendent of Schools shall report such census of illiterates to the Kentucky Illiteracy Commission on or before the 30th day of June of each year, on blanks to be furnished by the Commission for that purpose. 4. There shall be furnished the commission the necessary printing for the conduct of its business in the same manner as other departments of the State are provided therewith, also, postage and office supplies. Approved except as to Section 4, which is disapproved, March 24, 1916. CHAPTER 74. AN ACT to repeal section 596 of Kentucky Statutes (Carroll's 1915 edition) relative to the paying of dividends by banks, and re-enacting said section. Be it enacted by the General Assembly of the Commonwealth of Kentucky: That section 596 of the Kentucky Statutes (Carroll's 1915 edition) be and the same is hereby repealed, and the following is enacted in lieu thereof: The board of directors of any bank or trust company organized under the laws of this State may declare a dividend of so much of the net profits of the bank or trust company, after deducting therefrom all expenses, losses, bad or suspended debts, interest and taxes acrued or due from the bank, as they may deem expedient. Provided, no bank or trust company shall pay a dividend to the stockholders thereof until such bank or trust company has a surplus fund equal to ten per cent. of its capital stock, and before any dividend is declared, not less than ten per cent. of the net profits of the bank for the period covered by the dividend shall be carried to its surplus fund until such surplus fund amounts to twenty per cent. of its capital stock. All debts due to a bank or trust company on which interest is due and unpaid for six months unless the same be well secured or in the proscess of collection, shall be construed bad or suspended debts within the meaning of this section. Approved March 24, 1916. CHAPTER 75. AN ACT to amend section 10 of article 17 of chapter 22 of an Act of the General Assembly of Kentucky, approved March 15, 1906, entitled, "An Act relating to Reveune and Taxation." Be it enacted by the General Assembly of the Commonwealth of Kentucky: That section 10 of article 17 of chapter 22 of an Act of the General Assembly of Kentucky, approved March 15, 1906, entitled "An Act relating to Revenue and Taxation," be amended, revised and re-enacted, so as to read as follows: It shall be the duty of the Revenue Agent, State or county, and he shall have authority when directed by the Auditor, to institute suits, motions, or proceedings in the name of the Commonwealth against any delinquent officer or other person to recover any money which may be due the Commonwealth; or license taxes due the Commonwealth; or any inheritance tax due this Commonwealth; or any county school or district school taxes due any county or school district in this Commonwealth; (provided that the Auditor may appoint or designate a Special Revenue Agent for the purpose of recovering county school or district school taxes due as provided herein), and in all such suits, motions or proceedings in which a judgment is recovered, the party in default shall, in addition to the amount for which he is liable to the State, county or district, be adjudged to pay a penalty of twenty per centum on the amount due; and the Revenue Agent who prosecutes such action and recovers the amount due the Commonwealth, county or district, shall be entitled to receive for his services seventy-five per cent. of said twenty per centum penalty, and the remaining twenty-five per cent. of said twenty per centum penalty shall be paid into the back tax reserved fund. The penalties herein provided for shall not be in addition to the penalties in actions in the name of the Commonwealth prosecuted by the county attorney or other attorneys for the Commonwealth. The money so adjudged due the Commonwealth, and penalties and costs, shall be paid to the State Treasury, and he shall within thirty days pay the seventy-five per centum of said penalty and costs to the officer entitled thereto. Approved March 24, 1916. CHAPTER 76. AN ACT to regulate the licensing of vehicles operating between two or more municipalities within the Commonwealth of Kentucky. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Where any person or corporation owning or operating any horse-drawn vehicle plying the streets of any municipality within the Commonwealth of Kentucky has obtained a license to operate said vehicle in the municipality in which the owner resides or has his or its principal place of business, and has paid the fees and complied with the requirements required by said municipality, then said owner shall have the privilege of operating his said vehicle upon the streets of any other municipality or municipalities within this Commonwealth without the payment of any or additional license fee to any of the said other municipality or municipalities; provided, however, that such license shall not authorize the holder thereof to establish his principal place of business, or to conduct his principal business, in any city other than the one granting the license, and the business done under the license as aforesaid in any city other than the one granting such license shall be an incident only to the regular business of such license, as conducted by him in the city granting the license. Approved March 24, 1916. CHAPTER 77. AN ACT to amend Section 1, subdivision 1, article 13, chapter 22 of the Acts of 1906, being an Act entitled "An Act relating to Revenue and Taxation." Be it enacted by the General Assembly of the Commonwealth of Kentucky: |