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An Act for the benefit of L.W. Harrod and surety. 1865 vol. II 242 (1865.1)

handle is hein.slavery/ssactsky0855 and id is 1 raw text is: 242

LAWS OF KENTUCKY.

18G5.   be sued, plead and be impleaded, in all courts and places;
have a common seal, and alter and break the same at
pleasure; may make all necessary by-laws for the transac-
tion of the business and government of said company, not
inconsistent with the constitution and laws of this State or
of the United States.
§ 2. The capital stock of said company shall not exceed
Capitallstoek. five hundred thousand dollars, which shall be divided into
shares, subscribed and paid forin such manner as said com-
pany may, by its by-laws, prescribe.
§ 3. That said company shall have power to appoint any
Who to man- one or more of its members, or other persons, to manage,
a ge affairs of
oorporation.  control, and direct the business of said company, accord-
ing to the by-laws, rules, and regulations which said com-
pany may adopt.
§ 4. That said company may acquire and hold such real
FMay hold real and personal estate, by contract, as they may deem neces-
estate.,  sary or proper for the carrying on the mining of coal, the
procuring and manufacture of salt, iron, oil, and lumber,
and the transportation thereof to market, together with such
quantities of land as may be necessary for the establishment
of forges, furnaces, mills, and landings, machinery, and de-
pots for the same.
§ 5. The said company, when fully organized, shall cause
Record of a book to be opened, and kept subject to the inspection of
Phareholders, & any member of said company, which shall contain the
No. of  shares
held byeaeh,to names of all the members of said company, and the num-
bekept.   ber of shares owned by each; and the said shares may be
transferred on said books in the manner to be prescribed by
the by-laws of said company; and each member shall
share theprofits and liabilities of said company to the ex-
tent of, and in proportion to, the amount of capital stock
he owns in said company, and no further.
No banking  § 6. Nothing contained in this charter shall be construed
powers,   into conferring banking powers upon this company.
§ 7. This act to take effect from its passage, and remain
in force thirty years, if not sooner repealed by the General
Assembly.
Approved March 4, 1865.
CHAPTER 1352.
AN ACT for the benefit of L. W. Harrod and surety.
WHEREAS, On the 18th May, 1863, a negro man called
Edmund, the reputed slave of John Ogden, of Louisiana,
was, by the order of the Franklin county count, sold by the
sheriff of said county under the laws then in force in rela-
tion to runaway slaves, and L. W. Harrod became the
purchaser, and, with George E. Frazier as surety, executed

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