CHAPTER 620. AN ACT for the benefit of Alexander McDonald. Be it enacted by the General Assembly of the Commonwealth uf Kentucky, That the auditor be and he is hereby directed to draw his warrant on the treasurer in favor of Alexander McDonald for the sum of forty-five dollars for losses incurred as carrier of the public books for the year 1852, in district No. 8; to be paid out of any money in the treasury not otherwise appropriated. Approved March 7, 1854. 1854. AN ACT to change the corporate limits of the town of Henderson. §1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That on petition of a majority of the owners of the town lots recently laid off and sold, or offered for sale, by the administrator or executor of the estate of James Alves, deceased, late of Henderson county, Kentucky, the same that lie back of the eastern boundary of the town of Henderson in said county, and above a continuous line run from the lower side of second cross street below, to the eastern boundary of said lots, and embracing all above that line, it is hereby made the duty of the judge of the county court of Henderson county to order the same to be annexed to the town of Henderson; which said order shall be recorded, together with an accurate plat of the original survey of said town lots. In such case tended. §2. When said order shall have been made and recorded, then the said territory shall be regarded as within the limits to be excorporate limits, of the town of Henderson, (or city of Henderson as the case may be,) and the property and inhabitants thereof shall be entitled to all the immunities and exemptions, and liable to all the exactions of the citizens and property of the town, and in all respects amenable to the laws and ordinances of the corporate authorities of said town, as though the annexed territory had been incorporated within its original limits. Approved March 7, 1854. CHAPTER 622. AN ACT to establish the Evergreen Cemetery of Harrison county. §1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That Thos. D. Urmston, P. Kirtley, and Richard Brand shall be a body corporate, and as such shall hold in perpetuity to them and their successors for ever one acre of land, in Harrison county, to be dedicated to the purposes of a cemetery. Said body corporate shall 25-VOL. u. 1854. Corporate name and powers. Hold land. the same. be known by the name of Evergreen Cemetery; and in that name may sue and be sued, and may appoint all necessary agents and attorneys in that behalf. They may elect one of their own body chairman, and shall hold their offices for five years from the passage of this act; and after the expiration of their terms of office their successors shall be appointed by the persons who shall own burying lots in said cemetery grounds. § 2. They shall have power to hold, by donation or otherwise, one acre or more of land near to Thomas D. Urmston's, in said county of Harrison, for a public cemetery. § 3. They shall have power to improve such ground and And improve appoint a keeper thereof, and to sell small parcels thereof to persons for interment; and also to receive and collect subscriptious to aid in improving, taking care of, and in repairing such ground. Said cemetery ground shall not be subject to be taxed, and shall be forever dedicated and sacred as a burying and cemetery ground, and shall in no event whatever be subject to be sold by execution upon any judgment or decree of any court whatever. Approved March 7, 1854. Corporate name and powers. CHAPTER 623. AN AUT to incorporate the New Liberty Academy, in Owen county. WHEREAS, it is represented to the present general assembly that certain persons of the county of Owen have associated themselves together, subscribed stock, and purchased of Lyman Martin buildings and lots in the town of New Liberty for the purpose of establishing a high school, under the name and style of "the New Liberty Academy," and have elected James P. Orr, Wm. H. Garnett, Barney Vandaren, L. D. Alexander, Thos. White, B. Garnett, Thos. H. Ritchey, L. Brown, as their trustees. § 1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That the above named gentlemen, acting trustees, to-wit: James P. Orr, Wm. H. Garnett, Barney Vandaren, L. D. Alexander, Thos. White, B. Garnett, T. H. Ritchey, and L. Brown, shall be and are hereby constituted a body corporate and politic, to be known by the name and style of the trustees of the "New Liberty Academy; and by that name shall have perpetual succession, and are authorized to exercise all the powers and privileges that properly and necessarily appertain to them in that character; and in case of the death, resignation, or other disqualification of any of said trustees, or their successors, a majority of the remaining trustees shall fill such vacancy, and the person or persons so appointed shall be vested with the same power and authority as if specially named in this act; and by the name and style of the Trustees of the New Liberty Academy may sue and be sued, plead and be impleaded in any court of law or equity, or before any tribunal having cognizance of the same. They shall annually, upon a day by them fixed, elect a president of their body, whose signature, under his seal, to any contract shall be as binding as if the same was executed under a corporate seal; and they shall preserve a list of the subscription of stock aforesaid, as evidence of the interest of each stockholder in and to the property held by them as trustees as aforesaid. 1854. May purchase or receive lands, &c. § 2. That the said trustees and their successors shall have power in their corporate capacity to purchase or lease & or receive by donation, any lands, tenements, moneys, rents, goods, and chattels, and to hold the same by the name aforesaid, to them and their successors forever, for the use of said academy; to sell, alien, transfer and convey such lands, goods, and chattels, and apply the proceeds to the use and benefit thereof; and to receive title to the lots and buildings sold them by Lyman Martin as set forth in the preamble to this act. Trustees to § 3. That a majority of said trustees shall nave power to engage and employ a competent number of teachers to employ teacher. said academy; to fix their salaries and terms of tuition; and for the misconduct of any teacher or pupil, may expel or dismiss such teacher or pupil from said academy: and to do all other things necessary for the good government of said academy. Approved March 7, 1854. CHAPTER 625. AN ACT for the benefit of the Louisville and Nashville Railroad Com pany. Capital may 1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That it shall be lawful for the Louisville be increased. and Nashville railroad company to increase their capital stock to any amount desired by the president and board of directors of said company: Provided, that the full amount of capital stock to be issued by said company shall not in any event exceed the entire cost of said road and its branches. Bonds may be redeemed by is. lieu at par val. ue. § 2. That it shall be lawful for said company to redeem their bonds already issued, (the issue whereof is hereby sue of stock in confirmed,) by giving in lieu thereof the stock of the company Provided, that said company shall not redeem their bonds except at par or under, and that they shall not issue in lieu of their bonds as aforesaid, capital stock, at less than par. § 3. That it shall be lawful for said company to issue bonds under a second mortgage of the road and branches under May issue bonda mortgage. 1854. other roads. to any amount deemed necessary by said president and directors: Provided, that the full amount of said second mortgage bonds shall not exceed one-third the cost of said road and branches. § 4. That it shall be lawful for said Louisville and NashMay unite with ville railroad company to unite their road with any other road connecting therewith upon such terms and conditions as may be agreed upon between the said Louisville and Nashville railroad company and such other company as they may desire to unite their aid road with. Stock may be decimated. § 5. That it shall be lawful for said company to decimate their stock, and to issue fractional certificates from one to nine-tenths of a share: Provided, that all fractional shares thus issued shall be aggregated into full shares within one year after the first dividend is declared by said company; and after that period no fractional shares shall be entitled to dividend. Approved March 7, 1854. CHAPTER 626. AN ACT for the benefit of James K. Polk Burgess. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That James K. Polk Burgess, alias James K. Polk Tucker, of Scott county, be and he is hereby legitimatized as the son of William C. Burgess of said county, and made capable in law of inheriting the estate of said William C. Burgess, to the same extent, and as fully, as if he had been born in lawful wedlock. Approved March 7, 1854. Corporators' names. CHAPTER 627. AN ACT to incorporate the Savings Bank of Louisville. 1. Be it enacted by the General Assembly of the Commonwealth of Kentucky, That James Trabue, Thomas Anderson William F. Pettit, William F. Bullock, William S. Vernon, John P. Morton, Samuel Forwood, Alfred Thruston, S. Harr Bullen, Horatio D. Newcomb, J. P. Curtis, Edward D. Hobbs, William Riddle, James S. Lithgow, James Bridgford, John Gault, Benjamin J. Adams, Thos. J. Martin, William B. Reynolds, George W. Meriwether, Hamilton Pope, Curran Pope, or so many of the above named as shall become members of the "Louisville Savings Bank," by subscribing for one or more shares of the permanent. fund, and all other persons becoming members hereafter as herein provided for, shall be and they are hereby creaName and style ted a body politic. and corporate, by the name and style of "the Louisville Savings Bank; and by that name shall have and corporate powers. perpetual succession, and be capable to receive and hold and dispose of property of any and all kinds, to sue and be sued, plead and be impleaded, answer and defend in courts of law and equity or in any other place whatever; to make, have, and use a common seal, and the same to change at pleasure; and generally to do every other act or thing necessary to carry into effect this act, and to promote the objects and design of this corporatien. 1854. Books for the subscription of stock to be open ed. When books may be closed. Certificates to issue & amount paid to be de. § 2. That after having given notice, by publication in one or more of the newspapers published daily in the city of Louisville, of the time and place for opening a book for subscription to the permanent fund of the said corporation, any three or more of the persons named in the first section may cause such book shall be opened under the direction of any one or more of the persons named in said section, to be designated in the notice published, and subscriptions received, in shares of one hundred dollars to the permanent fund of said corporation, to an amount not less than one hundred thousand dollars nor more than three hundred thousand dollars; the said book to be kept open for subscriptions for three days, or until at least one thousand shares have been subscribed for, but to be closed at any time when three thousand shares shall have been sub- posited. scribed. And the persons subscribing shall, when they do so, pay to the person under whose direction the book is opened twenty dollars on each share subscribed, for which the person receiving shall grant a receipt binding upon said corporation, and for which receipts certificates of shares shall be issued after the organization of the corpor ation. The balance remaining unpaid on shares subscribed shall be paid after the organization of the said corporation in such installments as may be ordered by the president and directors of the corporation. The money paid by the subscribers to the permanent fund of this corporation shall be deposited in one of the incorporated banks located in Louisville until the organization of the Louisville Savings Bank, and after the organization shall be paid over to the said corporation. Meeting to be called and pres. tore elected. § 3. Within thirty days after the closing of the book for subscription to the permanent fund of said corporation, ident and direc the persons giving the notice of the opening of same, or any others of the persons named in the first section of this act, shall call a meeting of the subscribers to the permanent fund; at which meeting a president and six directors shall be elected from amongst said subscribers (shareholders being entitled to one vote for each share held by them,) to manage the affairs of the Louisville Savings Bank until the first Monday in January next ensuing, and until their successors shall be elected and qualified; and on the said first Monday in January, and annually thereafter, a new election for president and six directors shall be held; but if an election is not made on the day designated, the |