'Bridge. Proposals § 24. When any such building or bridge and approaches shall, by estimate, cost five hundred dollars or more, the board of commissioners shall advertise for sealed proposals to furnish the material and build and perform all of the work according to the plans and specifications, a copy of which shall also be on file in the county clerk's office in Pikeville for examination by those desiring to bid on said work and materials. § 25. When the commissioners shall advertise for proposals, it shall be done by printed posters, or by publishing it in some newspaper having general circulation in Pike county. It shall state where the plans and specifications may be seen, and the time in which bidders have file their bids with the county clerk of Pike county, and the time when said bids. will be opened, which shall be done by the county clerk, in the presence of not less than two of said commissioners and such bidders as may be present, and publicly read and examined. They shall accept the lowest and best bid, or reject all, and readvertise as before. All bids shall be accompanied by the names of at least two responsible persons, residents of the State of Kentucky, as surety for the performance of the contract, if the bid is accepted. Before opening any of said bids, they may adjourn until another day for making their awards. When a contract is entered into, the original shall be kept on file with the plans and specifications in the clerk's office. If it shall be necessary to make any addition or repairs to any building or bridge, the commissioners shall, as near as practicable, conform to and make contracts in manner herein set forth; and it is especially provided that neither of the commissioners, county judge, county attorney or county clerk, shall bid themselves, or procure any one to do so for them, or have any interest in any contract for the building or repairing of any building or bridge, or improvement of the public roads in Pike county during their term of office as such. statement. § 26. The county court clerk shall make out and clerk shall make deliver to the sheriff and treasurer, at the same time he delivers to the sheriff the tax-books of the county, a statement showing the percentage of the county levy belonging to the several funds to be collected; and the sheriff and treasurer shall keep said funds separate, and pay out of each fund as the order drawn by the commissioner may specify. shall not approten dollars. 27. The board of commissioners shall have no Commissioners power to pass any order or resolution for the appro- priate more than priation of any money, or the creation of any debt exceeding ten dollars, at any one time, unless the same, on its passage, shall be voted for by a majority of all the members of said board of commissioners, and the ayes and nays thereon entered on the journal or order-book. § 28. The board of commissioners shall have full control of the poor and poor-house of Pike county, to the same extent the court of levy had over same. § 29. Appeals may be taken from the board of commissioners on all matters as are now allowed from the county court of claims, and in the same manner under the general laws of the Commonwealth to the circuit court of Pike county, when the amount in controversy is not less than twenty dollars. § 30. After the passage of this act the Secretary of State shall furnish to the clerk of Pike county court with three copies of the General Statutes and three copies of the Session Acts of 1887-8, and copies of any other books which the county offices are furnished by the State, for the use of the commissioners of said county; and the clerk shall, immediately on receipt of such books, deliver to each of said commissioners a copy of each of said books for use during their term of office, who shall, at the expiration of their respective terms of office, deliver said books to their successors in office as public property. § 31. All laws or parts of laws in conflict with this act is hereby repealed. 32. This act to take effect from and after its pas sage. Approved April 19, 1888. CHAPTER 1160. AN ACT amending the charter of the town of Danville, and the acts amendatory thereof. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the act approved March 8, 1876, and entitled "An act to amend an act, entitled 'An act to amend and reduce into one the several acts in relation to the town of Danville," and approved March 10, 1873, be, and the same is hereby, amended by striking from the second line of the third section of said act the words "fifty cents," and by inserting in lieu thereof the words "sixty cents," so that the first clause of said third section shall read as follows: "There may be an ad valorem tax levied and collected each year of not exceeding sixty cents on each one hundred dollars' worth of taxable property." 2. All acts or parts of acts in conflict with this act are hereby repealed. 3. This act shall take effect from its passage. Approved April 19, 1888. CHAPTER 1161. AN ACT to incorporate the Eastern Kentucky Sheep Ranch Company, and to encourage and develop the raising and herding of sheep and cattle in that region. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That James A. Barrett, A. Lee Barrett, Tom L. Johnson, Lev A. Brigel and Wm. H. Glore, and their associates, be, and they are hereby, declared a bodypolitic, under the name and style of the "Eastern Kentucky Sheep Ranch Company,' at Warfield, Martin county, Kentucky, and by such name shall have perpetual succession; may sue and be sued, plead and be impleaded, in any court as may a natural person be; may have and use a common seal, and may ordain and put in force such by-laws, rules and regulations, for the good government of said company, and the efficient management of its affairs, as may be deemed expedient, and not inconsistent with the laws of the Commonwealth of the State of Kentucky. § 2. That the capital stock of said company shall be twenty-five thousand dollars, divided into shares of one hundred dollars each, which shall be deemed as personal property, and shall be transferable on the books of the company. The president and directors. shall have power, from time to time, to declare dividends out of the net earnings and profits of the business, and for extending and enlarging their business. The board of directors may, from time to time, increase the capital stock, should it become necessary to extend their business; but not to exceed the sum of one hundred thousand dollars; and in addition to the specific powers hereby given and enumerated, may exercise any and all powers conferred upon similar corporations by the general law of this Commonwealth. § 3. The business of the said corporation is for ex22-LOCAL LAWS, VOL. 3. tending the agricultural capacity of eastern Kentucky in the raising and herding of sheep and other stock; importing the kinds best suited to its climate; trading in wool, mutton, beef, and all other productions of that region. In purchasing and leasing of lands in their own right, and clearing and inclosing them in suitable pastures and ranges for the herding and grazing of sheep and other stock, and for driving and shipping said stock to the markets. They may purchase, hold, possess and enjoy, or they may sell and convey, or lease and sublet, any kind of real estate, or they may improve the same in any way to suit their wishes or pleasure, and do all other things that may be necessary to successfully carry out the objects and purposes of the enterprise. § 4. They may take real estate in fee or leaseholds, or personal property of any kind, at a cash valuation, on subscriptions to the capital stock, or they may sell the stock and take stock notes in payment. § 5. The affairs of said company shall be managed by a president, secretary and board of directors; the board to consist of three or more, a majority of whom shall constitute a quorum to do business. The president and secretary respectively shall be elected from the number that may, from time to time, constitute the board. Until the board of directors are regularly elected and qualified under this charter, the corporators named in this act shall act as ex officio directors, and any three of them may constitute a quorum to do business. § 6. The corporators, or any three of them herein named, may, at any time after the passage of this act, open books for the sale of the capital stock, and when ten thousand dollars of said capital stock is subscribed for, the company may be organized under the provision of this charter and may commence doing business. The stock that may not be subscribed for at the organization may be held, sold and disposed of as the directors may determine and order, and they |