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An Act concerning hired slaves. 1857 vol. I 88 (1857)

handle is hein.slavery/ssactsky0768 and id is 1 raw text is: LAWS OF KENTUCKY. 1858. CfIAPTER 813. - 14 ACT concerning hired slaves. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That, hereafter, in this Commonwealth, hired slaves, for a term not exceeding one year, shall be ex- empt from execution or attachment for the debts of the bailee, while in the possession of the bailee, unless the written consent of the owner shall be first had and ob- tained by the officer bringing in the same. § 2. No bailee of a slave or slaves, for a term of one year, or less time, shall transfer or assign his term of in- terest in such slave or slaves without the written assent of the bailor. Approved February 17, 1858. NoT.-The words bringing in, In the latter part of the first section of this act, are in the Engrossed and Enrolled bills. The draftsman of the bill says that, in thc origi- Beal, the words were levying oa.)-'UBLIC PRINTER. CHAPTER 820. An ACT to incorporate the Merchants Deposit Bank. Be it enacted by the General Assembly of the Commonwealth Bank establiab- of Kentucky: ed. Onpital. § 1. That there is hereby established a Bank' of Depos- it, in the city of Louisville, with a capital of five hun- dred thousad dollars, in shares of one hundred dollars each, to be subscribed and paid for as hereinafter specifi- ed, and the subscribers, their associates, successors, and assigns, shall be a body politic and corporate, by the name and style of the Merchants Bank, and shall so con- tinue for twenty years from the passage of this act; and shall be capable of contracting and being contracted with, of suing and being sued, of impleading and being impleaded, of answering and defending in all courts and places whatever; they may have a common seal, and change and renew the same at pleasure; they shall have power to receive gold and silver and bank notes on de- posit, and loan the same on public and private securities; to buy and sell drafts, bills of exchange, and bonds; and the promissory notes made payable to any person or per- sons or order, or to said bank, and negotiable and paya- ble at their banking house, or at any bank, and endorsed to and discounted by them, shall be and they are hereby put upon the footing of foreign bills of exchange, and like remedy may be had thereon,jointly and severally, against the drawers and endorsers, and with like effect except as to damages; and they may allow interest on deposits, or allow depositors to share in the profits of said bank, in such manner and on such terms as may be prescribed by by-laws.

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