or injure any pipe, aqueduct, machinery or other property of said corporation, such person, and all who shall aid or abet therein, shall forfeit to the use of said corporation treble the amount of damages sustained thereby; and if done willfully and maliciously, shall, in addition to said damages, be liable to a fine not exceeding one thousand dollars, or to imprisonment in the county jail not exceeding one

year.

§ 9. If all of the stock is not subscribed when the books are first opened, the president and directors may again open said books for the subscription of stock, or may sell or otherwise dispose of said stock.

§ 10. Certificates of stock shall be issued to the Stock certificates holders thereof when the same shall be paid for, and shall be transferable on the books of the company as the president and directors shall, by their by-laws, prescribe.

cil.

§ 11. The town of Franklin, through its mayor and Mayor and coun board of council, may subscribe for stock in said corporation, and if it deems best and proper, shall have the power and privilege of subscribing the whole amount of stock necessary for the building and putting in successful operation the water-works contemplated in this act: Provided, It does so before the erection of said works; and if it does so, it shall be entitled to all the privileges and franchises granted by this act, and shall be subject to all the duties in this act expressed as to said corporation, and shall proceed to execute the purposes and objects hereof; and the said town may issue and sell her bonds, with coupons attached, bearing interest at a rate not exceeding six per cent. per annum, payable annually, at the office of the mayor of said board of trustees, or at any bank in said town, or elsewhere, as they may elect, for a sum sufficient to cover the cost of the water-works, or meet any subscription by the town made for stock therein; and the said works shall stand pledged to secure the payment of the bonds; and if

Bonds.

the town take the entire stock in said works, the net proceeds of the water rents shall constitute a fund to pay the principal and the interest thereof, and shall be devoted to that purpose; and for the purpose of paying the expense of conducting and managing the water-works and paying for the water used for public purposes, the board of trustees of said town may assess and collect, from time to time, a water rent or tax of sufficient amount, in such manner as they may deem most equitable; such assessment to have the force and be collected as town taxes.

12. If the town of Franklin shall assume the franchises, privileges, rights and duties of this corporation, as provided for in the next preceding section of this act, the management and control of the water-works shall devolve upon the mayor and board of council of said town; or the board may elect five persons, who shall be called the water commissioners; and they may control and manage the business, as provided in the case of president and directors, and shall hold their office for one year, and shall be subject to the control and direction of said board of council; and they shall make a report every three months to said board of all their actions and doings. If said town should take only part of the stock in said works, then it shall stand in all respects as other stockholders.

§ 13. If said company is organized by the corporators as herein before named and prescribed, then, and after such organization, it may issue and sell its bonds for a sufficient amount to cover the cost of the water-works, and the said works shall stand pledged to secure their payment. The company may fix the denomination of said bonds, what rate of interest they shall bear, and where payable.

14. If said corporation and company be organized under the provisions hereof, and operated within the time limited, then the corporators, whether town or individuals, shall have the exclusive right and priv

L

ilege for fifty years of furnishing water in said corporation of the town of Franklin, Kentucky, through or by the operation of water-works therein, or for

that purpose.

15. This act shall take effect and be in force from its passage.

[Became a law without approval of Governor April 25, 1888.]

CHAPTER 1224.

AN ACT for the benefit of the New Liberty and Dallasburg Turnpike
Road Company.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

§ 1. That the hands on the farms of J. G. Reed, F. H. Reed, John McNeal, A. McNeal, Ledrew Vallandingham, Dock Webster, J. M. Elmore, John Elmore, Pete Smith, Thomas Reed, David Allnutt and James Allnutt, shall work as road hands upon the side-tracks and main road-bed of the New Liberty and Dallasburg Turnpike Road, of Owen county, at such reasonable times as said road may require, and shall be exempt from working any other road in said county, it appearing that said persons live along the line of said pike and are willing to be so assigned.

§ 2. Notice of the working of said pike shall be given as in cases of other roads, and the same penalty shall attach for disobedience.

§ 3. This act to take effect from its passage.

[Became a law without approval of Governor April 25, 1888.]

CHAPTER 1226.

AN ACT to incorporate the Christian Missionary Association of Kentucky.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

§ 1. That John G. Fee, E. A. Devon, Samuel Hanson, James Holloway, Alfred Titus, John F. Gregg, John Gabbard, William S. Overstreet, John Tracey, John Dun, James Lunsford, H. H. Haman and J. F. Brown, with their associates, be, and they are hereby, constituted a body-corporate and politic, with perpetual succession, under the name of the "Christian Missionary Association of Kentucky," and under the control and direction of the church of Berea, in Madison county, Kentucky; and by that name may sue and be sued, plead and be impleaded, in all the courts of law and equity in this Commonwealth.

§ 2. That said corporation is hereby invested with all powers and privileges necessary for the spread of the gospel by evangelization, mission work, etc., at home and abroad, as well as other Christian work set forth in the preamble and constitution of said Christian Missionary Association.

§ 3. That said corporation shall have power to acquire and hold real estate and other property, for purpose of carrying forward the objects as set forth in its preamble and constitution; and for the purposes of its creation and extension, it may enact such by-laws, rules and regulations, as shall not conflict or be inconsistent with the Constitution of the United States and the Constitution and laws of this State.

§ 4. All laws or parts of laws inconsistent with this act are hereby repealed.

§ 5. This act shall take effect from and after its passage.

[Became a law without approval of Governor April 25, 1888.]

CHAPTER 1227.

AN ACT to incorporate the Florence and Erlanger Street Railway.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

1. That Dr. A. Sayre, Abel Carpenter, Henry H. Verkamp, Fred Rich, S. S. Scott, Henry Oelsner, and T. L. Swetnam, and their successors, be, and they are hereby, created a body-politic and corporate, under the name and style of the Florence and Erlanger Street Railway Company; and under that name shall have perpetual succession, with all the powers incident to similar corporations.

2. The business of said corporation shall be to construct, maintain and operate a street railway, with all necessary tracks to enable it to operate its said line of street railway on, over and along the Covington and Lexington Turnpike Road, between the intersection of the Union and Florence Turnpike Road with the Covington and Lexington Turnpike, in the town of Florence, in Boone county, to the station known as Erlanger, on the Cincinnati Southern Railway, in the county of Kenton. If the corporation hereby created and the Covington and Lexington Turnpike Road Company do not agree as to the terms upon which said turnpike road may be used for the purposes herein specified by the corporation, then the corporation hereby created may proceed, under the general condemnation laws of this Commonwealth, to acquire the right to use so much of said turnpike road as may be necessary for its purposes, and also any other property that may be necessary for its use.

§ 3. The capital stock of said corporation shall be ten thousand dollars, and may be increased from time to time by the vote of a majority of its stockholders to not exceeding fifty thousand dollars. It shall be divided into shares of fifty dollars each, to be issued 28-LOCAL LAWS, VOL. 3.