county in which such civil district is situated, with the seal of the county; but the coupons shall be signed by such county clerk: Provided, That no bonds for subscription of stock under this act shall be issued until this railroad is completed and approved through the county, city, town or civil district making such stock subscription to said railroad. board of direct 5. The affairs of the Paducah, Hickman and Management by Southern Railroad Company shall be managed and ors. controlled by a board of seven directors, to be elected on the first Monday of January of each year from among the stockholders after the first election of directors under this act, who shall hold their respective offices for one year, and until their respective successors are elected and qualified. Said board of directors shall, from its members, elect a president and vice-president and an executive committee, to consist of the president and three directors; and said executive committee, when the board of directors is not in session, exercise all the powers and possess all the rights as the president and board of directors of said company when in session; and said executive committee may be called together at the will of the president of the company. The board of directors shall also elect a secretary, a treasurer, attorney, and such other officers and agents as may be necessary, convenient or proper in the management of its business, and may require bonds from any or all such officers or agents, and prescribe the conditions of any and all such bonds, and the terms and conditions of employment. roads. § 6. The Paducah, Hickman and Southern Railroad Stock in other Company is vested with power to subscribe stock, or make any contracts it may wish, with the Paducah and Illinois Bridge Company in regard to the construction of a bridge across the Ohio river at or near Paducah, the passage of its locomotives and cars over such bridge, or any other matter or thing connected with said bridge. Levy of tax under subscription voted. § 7. In case any county shall subscribe to the capital stock of said railroad company under this act, it is made the duty of the county court of such county so subscribing to levy annually a tax on the tax-payers of the county on all property liable to taxation under the revenue laws of this State, sufficient to pay the interest on its bonds as the same matures, with the costs of collecting the tax, and to appoint a collector and have said tax collected and applied to the payment of the interest on its bonds as the same matures; and when the bonds of the county become due and payable, in like manner to levy and have collected a tax to pay said bonds and the cost of collecting said tax. If any civil district in any county shall subscribe to the capital stock of said railroad company, then the county court in which such subscription is made by any civil district, shall make a like levy, and have it collected and paid in like manner; but the levies shall be confined to the tax-payers and property within such civil district. In the event any city subscribes to the capital stock of said railroad company under this act, the council of such city shall cause to be levied and collected a like tax on the tax-payers of such city and applied in like manner. In the event any town subscribes to the capital stock of said railroad company under this act, then the trustees of such town are required to levy, appoint a collector, and collect from the tax-payers and taxable property of such town a like tax and for a like purpose, and which shall be by them so applied. If, after paying the interest on the bonds of any county, city, town or civil district issued under this act, there shall remain a surplus in the hands of any collector for any one or more years, it is hereby made the duty of the county judge of any county, or civil district of any county, the council of any city, or the trustees of any town, to apply such surplus to the payment of any outstanding bonds of such county, city, town or civil district, as may be determined on. Any county, civil district, city or town, if it shall be thought best, may levy and collect from the tax-payers of any county, civil district or town, in addition to the tax herein authorized, an additional tax to create a sinking fund to pay said bonds, or any number thereof, before maturity: Provided, That the work of construction of said railroad shall be commenced within two years in good faith, and shall be completed to the city of Hickman from Paducah within five years: Provided, That the work of constructing said line of railroad shall be commenced in two years, and the line of railroad from Paducah to Hickman completed in five years: And provided further, That no bonds shall be fixed by any county, city, town or civil district until the line of railroad is completed and cars running thereon through the county, city, town or civil district subscribing to the capital stock of said railroad; and upon a failure of said railroad company to comply with either of these conditions, all the chartered rights of the company shall be forfeited. § 8. This act shall take effect from its passage. [Became a law without approval of Governor April 19, 1888.] CHAPTER 1153. AN ACT for the benefit of Ruth E. Smith, of Wayne county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That Ruth E. Smith, of Wayne county, now in the twentieth year of her age, be relieved of the disability of infancy, and empowered to join her husband, Henry F. Smith, in a conveyance of her real estate, with the same effect as if she were over twenty-one years of age at the time of said convey ance. § 2. This act shall take effect from and after its passage. [Became a law without approval of Governor April 19, 1888.] 21-LOCAL LAWS, VOL. 3. CHAPTER 1154. AN ACT for the benefit of John D. Calvert, late sheriff of Allen county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That John D. Calvert, late sheriff of Allen county, and Thomas N. Bradburn, as his deputy, be, and they are hereby, allowed the further time of two years, from and after the passage of this act, in which to collect all arrearages of taxes, fee-bills and county levies and poll-taxes which are in their hands, or in the hands of either of them, or which remains uncollected and due said Calvert for the years 1881, 1882, 1883, and 1884; and they are, or either of them is, hereby invested with power to levy and distrain for same as now prescribed by law in such cases; and they are hereby authorized and allowed to place said taxes and fee-bills in the hands of any sheriff, deputy sheriff, or constable of said county for collection, at any time within the period aforesaid, subject, however, to all the pains and penalties now provided by law in relation to the collection of illegal fee-bills and arrears of taxes. 2. This act shall take effect and be in force from and after its passage. [Became a law without approval of Governor April 19, 1888.] CHAPTER 1155. AN ACT to amend an act, entitled "An act to incorporate the Kenton Savings Bank.” Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That section 1 of the act to which this is an amendment be, and the same is hereby, amended by striking therefrom the names "Max. Herbert, John L. Sandford and John O. Richards," and inserting in lieu thereof the names "O. J. Wiggins, H. B. Wells and Charles McDonald.” § 2. That section 26 of said act be, and the same is hereby, amended by striking out and repealing the last five lines thereof, beginning with the word "provided." §3. This act shall take effect from the day of its passage. [Became a law without approval of Governor April 19, 1888.] CHAPTER 1156. AN ACT to amend an act, entitled "An act to provide for a vote upon the question of the sale of intoxicating liquors in the county of Garrard," which became a law April 9, 1888. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. Amend said act by striking out section two of same, and insert the following in lieu thereof: "This act shall not apply to distillers or wholesale dealers, who sell in unbroken packages of not less than (10) ten gallons, or the procuring or use of wine for sacramental purposes, or to a regular resident practicing physician, who, in good faith, prescribes intoxicants as a medicine to his patient or patients; or to persons, who give or furnish spirituous, vinous, or malt liquors to any member or members of their own family, or their guests at their own household." 2. Amend section (7) seven by adding the following: "If a majority of the votes cast shall be in favor of the sale of liquors in the county, then this act shall not be so construed as to affect or change the law at any place where the sale of liquors is now prohibited in said county by special acts of the Legislature." 3. This act shall take effect and be enforced from and after its passage. Approved April 19, 1888. |