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An Act to amend and consolidate the several acts concerning the Maysville and Lexington Railroad Company. 1853 vol. I 299 (1853)

handle is hein.slavery/ssactsky0715 and id is 1 raw text is: LAWS OF KENTUCKY. interest not exceeding seven per cent. per annum; and 1N . the company may issue such evidences of such indebtedness Bonds may be as may be deemed proper, and secure the same by giving Issued. a lien upon the property and assets of the company ; and the said bonds or evidences of debt the said company may sell at such places as to them may seem advisable, and at such rate of discount as they may choose. § 2. That said railroad company are hereby authorized May Indorse to indorse and guarantee the payment of the principal and certain bonds. interest of the bonds of the town of Paducah and county of McCracken, which have been issued for the payment of stock in said railroad company; also that the indorsements and guaranties heretofore made upon said bonds are here- by legalized and made as binding upon said railroad cor- poration as if done by express grant in their said charter. That said company may appoint a director in said compa- ny residing in the state of Tennessee: Provided, the num- ber is not increased. Approved February 4, 1854. CHAPTER 127. AN ACT declaring Miller's creek, in Estill county, a bavigablos streata. Be it enacted by the General Assembly of the Commonwealth qf Kentucky, That Miller's creek, in Estill county, be and the same is hereby declared to be a navigable stream, from its mouth to Elijah Herndon's mill. Approved February 4, 1854. CHAPTER 128. AN ACT to amend and consolidate the several acts concerning the Mays- ville and Lexingtou Railroad Company. § 1. Be it enacted by the General Assembly of the Common- wealth of Kentucky, That all persons, corporations, and counties which have become stockholders under the origi- nal act of incorporation, approved March 4, 1850, and the amendatory act, approved February 17, 1851, and who may become stockholders pursuant to this act, in the corn- pany incorporated by said act of March 4, 1850, shall be and continue a body corporate, under the name and style of the Maysville and Lexington Railroad Company, with Corporate nam. perpetual succession ; may have a common seal, and have antpowers. power to contract and be contracted with; may sue and be sued, plead and be impleaded in any court of law or equity; and shall have power to construct and maintain a railway, with single or double track, and such structures and appendages as may be deemed proper for its use, com- mencing at any eligible point in the city of Maysville,

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