About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

An Act to incorporate the Lexington and Frankfort Railroad Company. 1847 34 (1847)

handle is hein.slavery/ssactsky0548 and id is 1 raw text is: LAWS OF KENTUCKY. 1848. CHAPTER 397. AN ACT to incorporate the Lexington and Frankfort Railroad Com- pany. SEC. 1. Be it enacted by the General Assembly of the Com- Com'rs amomwealth of Kentucky, That John W. Hunt, John Brand, pointed to re. Benjamin Gratz, Henry T. Duncan, Dr. E. Warfield, James .,ve sbnp- O. Harrison, Benjamin W. Dudley, Samuel G. Jackson, Les- tions of stock. lie Combs, Robert S. Todd, John Tilford, Edward P. John- son, James A. Grinstead, Richard Pindell, F. K. Hunt, Farmer Dewees, John Steele, Samuel R. Bullock, William Rodes, George W. Sutton, Jacob Hughes, Richard Higgins, and John McMurtry, of Fayette, and Robert P. Letcher, James Harlan, John W. Russell, L. A. Thomas, John H. Hanna, Philip Swigert, Harry I. Bodley, Edmund H. Tay- lor, and John Watson, of Franklin county, be and they are hereby appointed Commissioners, under the direction of a majority of whom subscriptions may be received to the cap- ital stock of the Lexington and Frankfort Railroad Com- pany, hereby incorporated; and they, or a majority of them, may cause books to be opened at such times and places as o & place they may direct, for the purpose of receiving subscriptions opening books, to the capital stock of said Company, after having given such notice of the times and places of opening the same as they may deem proper, and that after the first opening of said books, they shall be kept open for at least five succes- sive days, from ten o'clock, A. ms., until 2 o'clock, P. m.; and If stock is not if, at the expiration of that period, such a subscription to the all subscribed capital stock of said Company, as is necessary to its incor- books can be re- opened. poration, shall not have been obtained, the said Commission- ers, or a majority of them, may cause the said books to be opened from time to time, after the expiration of said five days, for the space of twelve months thereafter, or until the sum necessary to the incorporation of said Company shall be subscribed, if not sooner subscribed; and if any of the Commissioners shall die, resign, or refuse to act, during the continuance of the duties devolved upon them by this act, another may be appointed in his stead by the remaining Commissioners, or a majority of them. SEC. 2. Be it further enacted, That the capital stock of the Capital stock, said Lexington and Frankfort Railroad Company shall be four hundred and fifty thousand dollars, in shares of one hundred dollars each, which may be subscribed for by any individual or corporation; and as soon as two thousand Company may shares of the said capital stock shall be subscribed, the sub- urchase and told, or may scribers of the said stock, their successors and assigns, shall lease real estate; may use a s be and they are hereby declared to be incorporated into a sue and be sued. Company, by the name of the Lexington and Frankfort Railroad Company, and by that name shall be capable, in law, of purchasing, holding, selling, leasing, and conveying real estate, not exceeding twenty-five hundred acres, and personal and mixed estate, so far as the same shall be ne-

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most