to properly construct a turnpike road from Dividing Ridge, Kentucky, at or near J. H. Gardner's, running in the direction of Falmouth, by way of S. M. C. Blackburn's, in Pendleton county, by the most practicable route, and ending at or near Poly A. Lovelace's, and to supply a toll-house and grounds, if necessary, at which toll may be collected at the rate now allowed by law. ize. § 4. That when five hundred dollars of stock is sub- When to organscribed, the said corporators, or such of them as may act, shall, at such time and place as they deem proper, call a meeting of the stockholders, and hold an election for a president and four directors, to hold their offices for one year, and until their successors are elected and qualified; each stockholder to have one vote for each share of stock at all elections. They shall have power to make all needful by-laws and rules that may be necessary to carry out the purposes of this corporation, one of which shall fix the time and place of holding the annual election of president and directors. § 5. That the president and directors shall have Powers. power to let out the building of said road upon such terms as they may deem best for the interest of said company; and they may take shares of stock, and allow it to be worked out in the construction of the road, upon such terms as they may fix or prescribe. § 6. That the president and directors may appoint Officers. one of their number treasurer and secretary, and take bond from him, with good surety, to faithfully discharge the duties of his office. He shall keep a full record of the proceedings of said board, and an account of the stock, and of the receipts and the expenditures of said company, open to the inspection of any stockholder in said company. 7. That the county court of Pendleton county County may may take stock in said company as according to law take stock. provided. age. 8. This act shall take effect from and after its pas- CHAPTER 1430. AN ACT to change the boundary line of the town of Lenoxburg, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the boundary line of said town of Lenoxburg be so changed to read as follows: "Beginning at a stone marked A, near the barn of Anthony McGills, in Pendleton county, running thence east to a stone marked C, in said McGills' line, corner to F. F'. Wallace's lands; thence west with said F. F. Wallace's line to the line of J. P. McLanahan's lands, to end there. § 2. This act to take effect from and after its pas sage. Approved May 2, 1888. CHAPTER 1431. AN ACT to incorporate the Bowling Green 'Street Railway Com pany. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That T. C. Mitchell, Jas. D. Hines, J. F. DunIncorporators. avan, J. A. Kemble, J. L. Jenkins, Eugene Collett, J. H. Mallory, E. B. Venable, their associates and successors, be, and they are hereby, constituted a bodypolitic and corporate, under the name of the Bowling Green Street Railway Company; and by that name may have perpetual succession, may sue and be sued, plead and be impleaded; may have and use a common seal; may receive, purchase and hold such personal and real estate or property as may be necessary for carrying on the business of the corporation, and the same to sell and dispose of at pleasure; may make all needful by-laws for their government not inconsistent with the laws of the United States or of this State. § 2. The business of said corporation shall be to Business. construct, maintain and operate a street railway, with all necessary switches, turn-outs or side-tracks, in the city of Bowling Green, and to any point not exceeding four miles beyond the present boundary line of said city. 3. Said corporation is hereby authorized to make and consummate any contract with the corporate authorities of the city of Bowling Green, or with any turnpike company, or with the county court of Warren county, or with private individuals, necessary to get the right of way along the public streets and roads, or over private property, for the purposes of the incorporation, and to successfully carry out their purposes: Provided always, That no one of the streets of the city of Bowling Green shall be used by said company, nor shall any railroad be laid down. upon them, until the consent of the mayor and board of councilmen or city authorities of said city shall have been first obtained, and a bill shall have been passed by the city authorities authorizing the same to be done, and prescribing the terms on which the same may be done. § 4. That the capital stock of said corporation shall be one hundred thousand dollars, with the privilege of raising it to any sum not exceeding three hundred thousand dollars, if it should become necessary to effect the object of the incorporation. That the said capital stock shall be divided into shares of fifty dollars each, and may be subscribed and received by the company in money, iron or real estate, with the right on the part of the company, by its board of directors, to make calls, from time to time, as the money may be needed, and to make sales of the property subscribed for cash or on credit, or mortgage or lease said prop Bonds. ors. erty to carry out the purposes of the incorporation, and upon such other terms as the board may deem best. § 5. That the said company may issue bonds payable in such amounts, at such times, and in such places as they may deem best, with coupons attached for the interest, and may dispose of the same to raise money to carry out the purposes of the incorporation; and may make a mortgage upon the property and franchises of the company, and upon the real and personal property subscribed for stock to secure the payment of the interest accruing upon said bonds, and of the bonds themselves at maturity. § 6. That the persons herein before incorporated, or Board of direct a majority of them, may organize said company by electing a board of directors, to consist of seven members, who shall elect one of their number president; shall have power to elect such officers as may be necessary to carry out the purposes of this incorporation, and to fix the salaries for president and officers, and generally to act for the company. That said board shall continue in office such time as the persons electing said board may determine, not exceeding one year, and until their successors are appointed. § 7. That the said persons incorporated, or a majorSubscriptions. ity of them, or the board of directors after their election, may determine the plan of raising subscriptions to the capital stock of the company; and that all subsequent boards of directors shall be elected by the stockholders, each of whom shall be entitled to a vote for every share owned; that said board shall have all the power before granted, and shall continue in office one year, and until their successors are elected. The stockholders may vote in person or by proxy. A majority of the directors shall constitute a quorum to do business. By-laws. § 8. Said directors may adopt by-laws for the management of their business, prescribing the duties of their officers and agents, their terms of office and com pensation, and such rules and regulations as they may from time to time find necessary: Provided always, Said by-laws shall not conflict with this act, or with the Constitution or laws of this State or the United States. 9. Nothing in this act shall be construed to impose any individual liabilities for the debts of the company upon any holder of stock herein. § 10. The said company may operate said street railway by animal power or electricity, or may use dummy steam engines. § 11. Said corporation must begin the building of Begin business. the Bowling Green Street Railway within two years. from the passage of this act, and complete the same within five years from the beginning of construction of same. 12. This act shall take effect from its passage. Approved May 2, 1888. CHAPTER 1432. AN ACT to incorporate the Kentucky Stock Farm Newspaper Com pany. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That P. P. Johnston, A. M. Harrison, John Incorporators. Rogers, and their associates and successors, are hereby created a body-politic and corporate, with the right to sue and be sued, in all the courts of this Commonwealth; own real or personal property not exceeding one hundred thousand dollars in value, and do all other things to advance the purposes herein set forth that a natural person may lawfully do. § 2. The name of the corporation hereby created Corporate name. shall be the Kentucky Stock Farm Company, and its principal place of business shall be in the city of Lexington, with branches at such other places |