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tions of bonds

may issue the bonds of said county to an amount sufficient to redeem the outstanding railroad bonds of said county, and no

more.

§ 2. That said bonds shall be of the denomination of not The denomina- less than one hundred and not more than one thousand dollars, and to run not less than five and not exceeding twenty years, and be redeemable, at the option of said county, at any time after five years from their date.

3. That said bonds shall bear interest at the rate of six Rate of interest. per cent. per annum, payable semi-annually, on the first day of January and July of each year, with coupons attached; said bond to be signed by the county judge and countersigned by the clerk, under the seal of his office, and said coupons to be signed by the clerk alone; said bonds and coupons shall be payable at such place as the county court, a majority of the justices of the peace concurring, shall, by order, direct.

County court may appoint an agent.

cute bond.

§ 4. That the county judge, with the concurrence of a majority of the justices of the peace, may appoint an agent to receive the bonds authorized to be issued under this act and sell the same, and the proceeds arising from the sale thereof shall be applied to the redemption of the outstanding railroad bonds of said county, and to no other purpose whatever. Said agent may, if the county court so direct, exchange any of said bonds for the bonds authorized to be retired, without making actual sale for money. For his services, said agent shall be allowed a reasonable compensation by the levy court of said. county, to be paid out of the funds of said county.

5. That said agent shall, before entering upon his duties, Agent shall exe- execute bond, with sureties to be approved by the county court, conditioned for the faithful performance of his duties, and to pay over all money that may come to his hands as such agent to the person or persons entitled to the same, and for the safe-keeping of all bonds that may be delivered to him to be sold or exchanged, and of all the old bonds that may come to his hands.

6. That at each court of claims, or oftener if required by the county court, a majority of the justices of the peace being present and concurring, the said agent shall produce, in oper court, all the old bonds which have been redeemed and remain in his possession and the court shall direct the number and amount of each bond so returned to be entered on the orderbook, and shall then burn or cause said bonds and coupons attached, if any, to be burned in the presence of the court.

numbered.

7. Said new bonds shall be numbered consecutive from Bonds shall be one up; and said agent shall keep a register in a well-bound book of all the bonds sold or exchanged, giving the number, denomination, to whom sold, when sold, and for what price sold; after so many bonds as the court shall direct have been sold, and the register is completed, it shall be delivered to the county clerk, and be by him safely preserved.

§ 7. That it shall be the duty of the county court to make the necessary arrangements for the payment of the interest and principal of said bonds as the same may fall due, and, for that purpose, said court shall have the powers now conferred upon it by law in respect to the payment of the interest and principal of the bonds now outstanding.

8. This act shall be in force from its passage.

County court

shall provide tor

the payment of

the bonds and in

terest.

Approved March 27, 1880.

CHAPTER 612.

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AN ACT to amend an act, entitled An act to incorporate the town of Hammonville, in Hart county," approved March 6th, 1878, and the amendments thereto.

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

§ 1. That an act, entitled "An act to incorporate the town of Hammonville," approved March 6, 1878, be, and the same is hereby, amended so that the boundaries, streets, and alleys of said town shall be the same as described and laid off in the survey and plat thereof, filed in the Hart county court clerk's office, and recorded in deed book Y, page 127, in said office.

§ 2. That the trustees of said town shall qualify and enter upon the discharge of their duties on or before the first day of June succeeding their election. Said trustees shall qualify by taking the oath of office prescribed by the Constitution of Kentucky.

§3. Should any member of said board of trustees die, resign, or move outside the corporate limits of said town during the term for which he is elected, the remaining members shall elect a successor to fill the vacancy occasioned by such death, removal, or resignation.

§ 4. No person shall be eligible to the office of trustee of said town who is not a citizen thereof, and who has not been a resident thereof for twelve months preceding the election.

§ 5. Said board of trustees may elect one of their members chairman of said board, who shall hold his office for the term for which he is elected, and shall be styled "Chairman of the Board of Trustees of Hammonville."

§ 6. The police judge of said town shall hereafter, before entering upon the discharge of his duties, after he is elected or appointed to said office, take the oaths which the judges of county courts are now required by law to take, and shall execute bond, payable to the Commonwealth of Kentucky, with good surety, before the judge of the Hart county court, for the faithful performance of his duties.

§ 7. Said police judge shall have exclusive jurisdiction of all cases or warrants for a violation of the ordinances of said town, and shall have in all other matters and respects the same power, authority, and jurisdiction in civil, penal, and criminal matters as justices of the peace now have; and said police judge shall keep all the record-books now required to be kept by justices of the peace, and shall make his orders and entries therein in the same manner that justices of the peace are now required to do; and his court shall be a court of record, and copies of the orders of said court, attested by the judge thereof, shall be receivable in evidence in any court in this Commonwealth.

8. Said police judge may have a day fixed for the trial and determination of civil causes once every three months, which day shall be fixed by him and entered of record in the order-book of the Hart county court; and he may continue his court from day to day until his docket is disposed of, and may open court to try offenders against the penal laws at any time.

§ 9. The town marshal of said town shall be ex officio collector of the town tax; but before he enters upon the discharge of his official duties he shall take the oaths now required by law to be taken by constables, and execute bond before the Hart county court as constables are now required to do; and said marshal shall have the same powers that constables now have, and shall have the same fees and commissions; and for collecting the town tax shall have three hundred dollars, and

per cent. on the first per cent. on all in excess of

that sum; and said marshal may execute any process, or do any other act, in any part of Hart county, the same as a constable of said county.

§ 10. All officers shall hold their offices for the time for which they are elected, and until their successors are elected and qualified; and the trustees shall have power to fill any vacancy in their body by appointment until next annual election; and they may cause an election at any time to fill vacancies in the office of police judge or town marshal.

§ 11. It shall be the duty of said trustees to open and keep the streets in repair whenever necessary; and in so far as the money obtained by taxation, fines, and other means, collected in pursuance of judgments of police court for a violation of by-laws and town ordinances, all such sums shall be held under the control of the trustees, and shall be used for the aforesaid purposes, and for other improvements that may in time be proper and necessary.

§ 12. All persons entitled to vote for representative shall be qualified to vote in said town elections, if living or owning property in said town.

§ 13. This act shall take effect from its passage.

Approved March 27, 1880.

CHAPTER 613.

AN ACT to incorporate the Newport Light Company.

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

§ 1. That John W. Kirk, L. R. Hawthorn, F. H. Reno, and Frank Stein, their associates, successors, and assigns, be, and are hereby, created a body-corporate, by the name of the Newport Light Company; and by that name shall have perpetual succession, and may sue and be sued, contract and be contracted with; and may furnish any city, town, district, corporation, or locality, or any public institution, manufacturing establishment, or private premises with gas or other light, for such time, and upon such terms, as may be agreed upon by the parties; and for the purposes of said business may, from time to time, acquire, by purchase or other lawful mode, any real or personal property which the company may require in its business, and may dispose of any part thereof

when not needed by the company; they may have and use a corporate seal. The capital stock of said company shall not exceed one hundred thousand dollars, divided into shares of fifty dollars each, and shall entitle the owner to one vote upon each share in all elections by the stockholders.

§ 2. The corporators above named, or those of them who shall act, shall open books for the subscriptions of stock, and call the first meeting to organize said company. The stockholders may adopt rules and by-laws for holding their meetings and for elections, not contrary to the Constitution and laws of this State, and may alter and change them when deemed necessary. The board of directors shall consist of not less than three nor more than seven, as shall be determined by said by-laws, and the persons receiving the highest number of votes at any such election shall be deemed elected. Said board shall elect a president, and may appoint or employ a secretary and treasurer, and such other officers, agents, and employes, from time to time, in the business of said company, as deemed necessary, and may discharge them, or any of them, at pleasure; and may fill all vacancies occurring in said board, or in any of said offices. They may, from time to time, dispose of any stock held or acquired by the company, whether taken for debts, liens, or otherwise; they may borrow money not to exceed the capital stock of the company at any one time, and at a rate of interest not exceeding ten per cent. per annum, and may execute notes or bonds of the company, and dispose of the same when found advisable for the business of the company; and to secure payment thereof, or of any indebtedness, may mortgage or pledge any part of the property or income of the company.

§3. Said company shall have its principal office in Newport, Campbell county. This act shall be in force from its passage.

Approved March 27, 1880.

CHAPTER 614.

AN ACT to incorporate the Union Benevolent Society, No. 2, of Owens

boro.

WHEREAS, Certain persons, citizens of Owensboro, Daviess county, Kentucky, have formed themselves into a society to

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