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An Act to incorporate the town of Gordonsville. 1855 vol. II 428 (1855)

handle is hein.slavery/ssactsky0757 and id is 1 raw text is: LAWS OF KENTUCKY. 1856. dent and Directors thereof shall deem expedient, and may execute such evidences of indebtedness as may be deemed proper, and may pledge the profits, franchises, rights, and credit of the corporation as security for any loans, liabilities, or contracts which they may make; and all bonds issued and made by said company for the pur- poses aforesaid, shall be binding and obligatory upon such company, and may be hypothecated or sold by said com- pany at such rates of discount as the President and Di- rectors thereof shall deem expedient. § 7. That the President and Directors of said company By-aw. shall have power to make all necessary by-laws, and reg- late by by-laws and rules all matters not specially provided for herein: Provided, Said by-laws and rules are not in- consistent with law. § 8. That the business of said company shall be con- President and ducted by five Directors, who shall, of' their number, elect Director.. a President, and shall elect or appoint such other officers and agents as the by-laws shall prescribe. § 9. That the persons named in the first section of this act shall be such Directors until their successors shall be elected and qualified; and should any of said persons decline to serve, the vacancy may be filled by some other person appointed and selected by those serving as such Directors. § 10. That an election for Directors of said company Elections. shall be held on the first Monday in January of each year, at such place and under such regulations as may be pro- scribed by the by-laws of said company. § 11. That said company shall be liable for the value Uabifty. of all slaves, who by being permitted to pass over said bridge shall escape from his or her owners, and shall have full power to enact and enforce all such regulations as they may deem necessary to prevent the escape of slaves over said bridge. § 12. That this act shall be taken to be, and is hereby declared to be a public act, and shall be in force from and after the first day of March, 1856. Approved March 10, 1856. CHAPTER 748. AN ACT to incorporate the town of Gordonsville. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the town of Gordonsville, in Logan county, lwnboanda. Kentucky, is hereby incorporated, the boundaries of which r. are as follows, to-wit : Beginning at a corner at the point of the hill above W. L. Grable's house; thence in a south-

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