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An Act to incorporate the Bell Insurance Company, of Louisville. 1861-1863 69 (1861.9)

handle is hein.slavery/ssactsky0823 and id is 1 raw text is: LAWS OF KENTUCKY. for any taxes, county levies, or fees that may have been or 1861. should have been collected by them: Provided further, That the said sheriffs, and their sureties in their official bonds, shall be responsible to any party aggrieved for any illegal distress or other misconduct of said sheriffs under the pro- visions of this act. 2. This act shall take effect from and after its passage. Approved October 3, 1861. CHAPTER 159. AN ACT to incorporate the Bell Insurance Company, of Louisville. Be it enacted by the General Assemblh of the Commonwealth of Kentucky: § 1. That J. K. Bell, B. F. Guthrie, Warren Mitchell, E. Corporato' Bustard, Robert Bell, John Dunlop, and Henry Dent, together with their associates, successors, and assigns, be, and are hereby, appointed and made a corporation and body politic, under the name and style of the Bell Insurance Company, of Louisville, and shall continue Name & style. until the first day of January,-one thousand eight hundred and ninety-nine; and by that name are made capable in law to have, purchase, or receive, possess, enjoy, and Corporatcp- retain, to them and their successors, lands, tenements, rents, goods, chattels, public or private securities of any kind, quality, or nature whatsoever, not exceeding at any one time the sum of four hundred thousand dollars, and to sell and dispose of the same at any time or in any manner, and to sue and be sued, plead and be impleaded, answer and be answered, defend and be defended, in any court of record, or in any other place whatsoever; also to make and use a common seal, and the same to break, alter, and renew at pleasure; also to ordain, establish, and put in execution such by-laws as may be necessary and conveni- ent for the government of said corporation. not contrary to law. § 2. The capital stock of this company shall not exceed Capital stock. four hundred thousand dollars, and shall be divided into shares of fifty dollars each. § 3. The corporators named in this act, or any three of 31ay I'nbooks for subscripti'n them, shall, within twelve months from the passage of the of stock. same, open books for the subscription of stock; and when two thousand shares or more shall have been subscribed, they shall give notice of a meeting of the subscribers, when ten dollars shall be paid in hand on each share sub- scribed for, and the company shall be organized when the When comp'sy remaining forty dollars on each share shall be secured, to be may organize. paid at the time and in the manner that shall be desig- nated by the shareholders who have paid in ten dollars on

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