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An Act for the benefit of John and Lucy Vining. 1835 107 (1835)

handle is hein.slavery/ssactsky0278 and id is 1 raw text is: LAWS OF KENTUCKY

Spc. 2. Be it further enacted, That the manage-   1836
ment of the affairs of said company and its pruden-
tial concerns, shall be under the direction of a presi- President and
naaesto
dent and five managers, any three of whom shall con- tn.ct the
stitute a quorum for the transaction of the business of business.
the company, as may be agreed on by the board;
and they cause a particular record of their proceed-
ings to be kept and registered in a book, to be provid-
ed by the board of managers for that purpose.
SEc. 3. Be itfurther enacted, That John Thomas, AInogers -p
Jacob Beckwith, John Curry, David L. Beatty, pointed.
Matthew Ferguson and William Talbott, shall be the
first board of managers, who shall meet at some con-
venient timeand place after the passage of this act,
and appoint any two or more of their own body to
open books for the subscription nf stock, at sucL  Books to be
time or times as they may direct, in the city of Lou- opened for the
isrilic, and such other places as they may think most subscription of
likely to accomplish the object contcmplated by this stoc.
act; and may, if they think it necessary, advertise iln
one or inore newspapers, the time and place of open-
ing books, or they may raise the stock by subscrip-
tion among steam boat owners, or others interested,
without advertising; and may make and have an
agreement as to the time subscribers shall pay for
their stock, or they may leave it to the discretionary
calls of the president and managers.
ISEC. 4. Be it further enacted, That when the      Company to
sum of five thousand dollars, orupwards, shall b3 sub- be organized
when $5000 of
scribed, the persons named, as aforesaid, shall meet tock is taken.
and choose one of their own body president, and the
corporation shall he considered as then organized and
authrizd toproeedto te cnstrctin o' th flat- May sell ad-
authorized to proceed to the construction of the float- dit:onal stock.
ing dock or a marine rail way, and they may thereaf-
ter sell as much stock as may be required in the con-  Dividends to
struction of the work aforesaid; and when done, be declared.
annual or semi-annual dividends shall, or may be
made of the profits, at the discretion of the managers.
Approved, February 11, 1836.
CHAP. 129.-AN ACT for the benefit of John and Lucy Viaing.
Be it enacted by the General A.ssembly of the Corn-
monwealh of Kentucky, That it shall be lawful for
John Vining, husband of Lucy Vining, late Lucy

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