Page images
PDF
EPUB

railroad company, in accordonce with the terms so voted upon; and he shall thereupon cause to be prepared and executed the negotiable bonds of said magisterial district as before mentioned, which shall be signed by him as county judge, and attested by the county clerk, with his official seal affixed thereto; and the coupons shall be attested by the engraved signature of the county clerk; and the county judge of said county or counties shall order that the said bonds shall be deposited with a trust company or trustee, to be held in escrow; and the railroad company may deposit the certificates for capital stock of said company agreed to be given in exchange for said bonds with said trustee or trust company; and the said bonds shall be delivered to the said railroad company, or its order, when it shall be entitled to same under the provisions of this act. The city of Owensboro, through her common council, shall comply with all the provisions aforesaid, and in the same manner by the act of the mayor and city clerk of said city: Provided, That the amount voted on by the said city to the said ailroad company shall not exceed twenty-five thousand dollars and in bonds; and the amount in the Sorgo district No., Daviess county, voted on, shall not exceed ten thousand dollars in bonds, in the Curdsville magisterial district No. 3, Daviess county, voted on, shall not exceed fifteen thousand dollars in bonds; and Job's district No. -,. McLean county.

amount voted on shall not exceed fifteen thousand dollars in bonds; and it is further provided, that the West Louisville election precinct of the Curdsville magisterial district may hold an election conforming to all the provisions of this act, and vote upon the proposition to subscribe the sum of not exceeding fifteen thousand dollars in bonds, and the Vandver magisterial district No. -, Daviess county, may likewise vote upon the proposition to subscribe not exceeding ten thousand dollars in bonds to the said company: Provided, however, That no subscription to

Levy of tax.

the capital stock of said Owensboro, West Louisville and Sebree City Railroad shall be made by the city of Owensboro, or the mayor and council thereof, or by any magisterial or election district in Daviess county, or by the county judge of Daviess county, on behalf of any such district or precinct; and that no bonds shall be issued by either said city of Owensboro or any magisterial or election district, or by any one else, on behalf of such city or district, unless a majority of all the qualified voters of said city or district shall vote in favor of such subscription. The number of qualified voters in said city of Owensboro shall be determined by the last assessment or list made by the city assessor thereof prior to the time the election authorized under this act is held; and the number of qualified voters in any district shall be determined from the last assessment or list made by the county assessor prior to such election authorized by this act.

§ 3. An annual tax sufficient to pay the interest of said bonds, and the principal when it becomes due, shall be levied and collected, and paid out by the officers of said city of Owensboro and the said counties aforesaid; and the said city council of the city of Owensboro, and the county judge of the said county or counties, are hereby empowered to take such steps as may become necessary to carry out any or all of the provisions of this act.

4. This act shall have force and effect from the date of passage thereof. Approved May 2, 1888.

CHAPTER 1421.

AN ACT to amend an act, entitled "An act to protect overflowed lands in Henderson and Union counties from the depredations of stock running at large, and to take the sense of the people as to applying said act to the whole and parts of said counties," approved April 1, 1884.

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

§ 1. That the provisions of an act, entitled "An act to protect overflowed lands in Henderson and Union counties from the depredations of stock running at large, and to take the sense of the people as to applying said act to the whole and parts of said counties," approved April 1, 1884, shall not apply to stock running at large on uninclosed lands on the Ohio river, (subject to overflow), in the county of Union.

2 That section 11 of said act be, and the same is hereby, repealed, so far as it applies to Union county. § 3. The provisions of said act shall apply to stock trespassing on inclosed lands in the overflowed districts of Union county bordering on the Ohio river, whether said inclosure be by individual fencing or by a common or corporate fence with the river forming one side of said inclosure.

§ 4. This act shall take effect and be in force from and after the first day of December, 1888.

Approved May 3, 1888.

CHAPTER 1423.

AN ACT to incorporate the Grier's Creek and Wilson's Landing Turnpike Road Company.

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

§ 1. That R. V. Bishop, Arthur Sublett, Geo. T. Mountjoy, Austin K. Sea and Dixon McGinnis, be, and they are hereby, constituted a body-politic and

corporate, under the name and style of the Grier's Creek and Wilson's Landing Turnpike Road Company; and by that name may sue and be sued, plead and be impleaded, and exercise the powers herein set forth; and by that name may act, and shall be liable as corporate bodies usually are.

§ 2. That the capital stock of said company shall not exceed eight thousand dollars, which stock shall be divided into shares of fifty dollars each.

§ 3. That subscriptions of stock may be received by said company under such conditions as they may prescribe, not in conflict with the general turnpike law.

§ 4. That said company be, and are hereby, authorized to construct a macadamized turnpike road from a point on the Grier's Creek Turnpike Road, where the Wilson's Landing dirt road intersects same, or at such point on the Versailles and McCown's Turnpike Road as said board may elect, to a point on the Kentucky River at or near Wilson's Landing.

§ 5. That upon the completion of said road as provided for, said company may establish a toll-gate thereon and collect tolls, according to the rates established by law.

§ 6. That it shall be lawful for said company and its employes to enter upon and survey over any lands upon their said route, having notified the owner thereof, and acquire, by gift or purchase, the right of way for their said road, and to also enforce the right to build their said road by writ of ad quod damnum, as provided by the general law.

§ 7. That the said company shall organize by electing a president and four directors, at which election, and all future elections, each share of fifty dollars of stock shall entitle the owner thereof to one vote; and said directors and president shall hold their offices for the term of one year, and until their successors are elected and qualified; and may fill vacancies occasioned by death or resignation; and may also elect

their secretary and treasurer and other executive officers.

§ 8. That said company shall have all the rights and privileges granted to any turnpike road company under the general laws of this State, and shall have perpetual succession.

§ 9. This act shall take effect from its passage. Approved May 2, 1888.

CHAPTER 1424.

AN ACT to repeal an act, entitled "An act to change the boundary lines of Boyle and Garrard county," approved March 10, 1882.

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

1. That an act, entitled "An act to change the boundary lines of Boyle and Garrard counties," approved March 10, 1882, be, and the same is hereby, repealed.

§ 2. That this act be in force from its passage. Approved May 2, 1888.

CHAPTER 1425.

AN ACT to incorporate the Mill Creek and Chock-Taw Turnpike Road Company, in Mason county.

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

§ 1. That James Davis, George F. Chinn, W. F. McDaniel, and Richard Davis, be, and they are hereby, incorporated as a body-corporate and politic, under the name and style of the Mill Creek and Chock-Taw Turnpike Road Company; and are hereby invested with all the powers incident and usual to such corporations, for the purpose of building a turnpike road from a point on the Maysville and Mt. Sterling

« PreviousContinue »