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An Act to incorporate a company to construct a Bridge across the Ohio River, at Louisville. 1850 vol. II 28 (1850)

handle is hein.slavery/ssactsky0673 and id is 1 raw text is: LAWS OF KENTUCKY.

1850.   for tile sum of two hundred and eighty dollars, the amount
of his bill for enclosing the military monument.
Approved December 7, 1850.
CHAPTER 45.
AN ACT to incorporate a company to construct a Bridge across the Ohio
River, at Louisville.
§ 1. Be it enacted by the General Assembly of the Common-
Name and style. wealth of Kentucky, That Levin L. Shreve, James Guthrie,
John I. Jacob, David L. Beatty, William E. Glover, Samuel
Getty, Samuel Casseday, Win. H. Pope, Virgil McKnight,
Benjamin J. Adams, Thomas Joyce, Alfred Shotwell, Na-
thaniel P. Field, Samuel Patterson, and Jacob Beckwith,
with their associates, be and are hereby created a body
politic and corporate, by the name of the Louisville and
Indiana bridge company, for the purpose of erecting and
constructing a bridge across the Ohio river at the falls
thereof; and they and their associates and succeqsors shall
continue and have perpetual succession, and, by that name
and style, are hereby made as* capable in law as natural
persons to contract and be contracted with, to sue and be
Powers of the sued, to plead and be impleaded, in this commonwealth
,corporation.  and elsewhere, in all courts of law or equity; to make,
have and use a common seal, and the same to break, alter
or amend at pleasure; they also shall have the power to
purchase and hold as much real estate as will be necessary
for the site of said bridge, or the sites for the piers, abut-
ments, toll-houses, and suitable avenues leading to the
same; also, to borrow money, not exceeding the capital
stock mentioned in this act, but not to have or exercise the
privilege of loaning money, or issuing bills or notes onl
banking principles; also, the power to ordain and establish
such by-laws, ordinances, and regulations, as shall be ne-
cessary for the well-being and government of said corpo-
ration, not contrary to the laws of this commonwealth, the
state of Indiana, or of the United States.
§ 2. That the capital stock of said company shall consist
Capitaletock. of six hundred thousand dollars, divided into six thousand
shares of one hundred dollars each.
§ 3. That within sixty days after the passage of this act,
Noticeoftime and the confirmation of the same by the state of Indiana,
Splbce oe open. the persons before named, or a majority of them, .:hall cause
ing books to be
given.     a public advertisement to be made of the time anid place
of opening books of subscription of the stock of said com-
pany; which books shall be kelt open, under the direction
of said persons, or a majority of them, not less than ten
nor more than ninety days. If, however, at the closing of
the subscription, it shall be found that a greater number of
shares than six thousand have been taken, then, and in
that case, the persons before named, or a majority of them,

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