1874. Trustees to employ principal & confer degrecs & diplomas, &c. ment of said academy after payment of such teachers as they may employ, and after the payment of other necessary expenses, and to appropriate said profits to the payment of the principal and interest thereon of the amount so borrowed until the same is fully paid off. § 9. Said trustees shall have power to employ, for a period not exceeding one year at a time, a principal and assistants, and such assistant teachers as they may deem necessary; and define study and they shall have the power, if they deem it best, to rent or lease said academy grounds and buildings, &c., for any period of time not exceeding one year; and they shall have power to prescribe such course of study and such mode of instruction as they may judge best; and they are authorized to confer on such pupils in said academy as they may deem worthy, from time to time, any and all such literary honors, degrees, and diplomas as in their judgment may be proper, or as are usually conferred in like institutions of learning. Bonds. § 10. Said trustees may, if they deem it best, in order To raise means, to raise money for the purposes specified in this charter, may issue & sell the written consent of all the stockholders having been first obtained, issue and negotiate their company's bonds of one hundred dollars each, but not to exceed in the aggregate ten thousand dollars, which bonds shall be signed by the clerk and countersigned by the president of the board, and shall not bear a greater rate of interest than seven and one half per cent., payable semi-annually; and to secure their payment they shall have a lien on all the property, rights, and franchises of the corporation, and shall mature and be redeemable at a period not exceeding twenty years from their date. 11. This act shall take effect from its passage. Approved February 16, 1874. CHAPTER 318. AN ACT to incorporate the Kentucky Normal School at Carlisle. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That an institution of learning be, and the same is Normal school hereby, incorporated and established at Carlisle, Nicholas county, Kentucky, to be known by the name of Kentucky Normal School. located at Car lisie. and corporate Trustees' names § 2. That J. M. Kinney, J. H. Pifer, James Mann W. powers to them W. Fritz, J. M. Chism, and T. C. H. Vance shall be, and and their succes- they and their successors in office are hereby, constituted raise money by a body-politic and corporate, to be known by the name subscription or of the Trustees of Kentucky Normal School; and by that sors-may sue & be sued, &c., donation. name shall have perpetual succession and existence, and a common seal, which they may alter at pleasure; and by said name, and in their corporate capacity, may sue and be sued, plead and be impleaded, in all courts of law and equity; contract and be contracted with; they shall have power, in the advancement of the interest of said institution, to raise money, by donation or subscription, for the purpose of purchasing, leasing, or erecting such buildings as said institution may demand. 1874. tees, how filled. §3. In the event of a vacancy in said board, by resig- Vacancy in trusnation, refusal to act, or otherwise, the remaining members shall fill vacancy by election. Officers of the institution and § 4. The permanent officers of said board shall consist of a president, secretary, and treasurer. The board shall the duties. prescribe the duties and responsibilities of the officers provided for in this section; shall, in case of the death. or resignation of any principal, elect his successor, with the consent of the principal; shall have power to prescribe the course of study, and to elect assistant teacher. § 5. The principal shall have power to confer degrees Principal shall and grant diplomas, signed by the principal, teachers, have power, to confer degrees, and president of the board of trustees. Graduates of the diplomas, &c. course prescribed for teachers shall have the right to teach in the common schools of the State for five years, without examination by either the State or county boards. years, Trustees to be elected every 3 § 6. That the trustees shall fix a day, every three upon which an election by the subscribers and stockhold- years. ers for trustees shall be held. § 7. The trustees may pass by-laws, not inconsistent with the charter, for the regulation of said school. § 8. This act to take effect from its passage. Trustees may pass by-laws. Approved February 16, 1874. CHAPTER 319. AN ACT to amend the road laws of the counties of Boyd and Carter. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Road laws to inCarter. clude Boyd and § 1. That the laws in regard to roads and passways of the General Statutes shall apply to and embrace the counties of Boyd and Carter, except so far as modified by the provisions of this act. § 2. That persons liable to work on the public roads in Persons required said counties shall not be required to work more than four days in any year; and may, in lieu of work, pay to the surveyor seventy-five cents for each day he may be notified to work, to be paid within five days after notice. to work, & the r pay. 1874. May levy tax for road purposes, & sheriff to collect and account for same. The money so received by surveyors shall be expended in their respective road districts, and be accounted for in the same manner that fines for failing to work are required to be expended and accounted for. § 3. That the county court of said counties may, at their respective court of claims, a majority of the justices of the peace of the county concurring, levy an ad valorem tax of not exceeding six cents upon each one hundred dollars' worth of property liable to taxation within the county for revenue purposes, and require the same to be collected by the sheriff, who shall have the same power to enforce payment as in the collection of the State revenue. The sheriff shall pay the money collected in virtue of said tax as the county court may order; and shall be liable on his bond, as collector, for the faithful collection and payment of the money in the same manner as provided touching the county levy. § 4. That the tax provided for in the preceding section Tax collected to shall be a bridge and road fund, and expended, as the county court may direct, in building and repairing bridges, opening and repairing roads. constitute bridge and road fund. roads repealed. § 5. All laws touching the public roads within said All laws touching counties are hereby repealed, and the General Statutes as hereby modified shall be in force, except as to the towns of Ashland and Catlettsburg, in the county of Boyd; the special laws applicable to these towns are not repealed, but shall remain in full force. § 6. This act shall take effect May 1st, 1874. Approved February 16, 1874. CHAPTER 320. AN ACT for the benefit of Achilles Nelson, trustee for Stephen Richardson, a pauper lunatic of Russell county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That the sum of three hundred and nine dollars and forty-four cents be appropriated to Achilles Nelson, trustee of Stephen Richardson, of Russell county, and that the Auditor is hereby directed to draw his warrant upon the Treasurer for the above sum, to be paid to said Nelson for the benefit of said Stephen Richardson, a lunatic of Russell county. § 2. This act shall be in force from and after its pas sage. Approved February 16, 1874. CHAPTER 321. AN ACT for the benefit of S. R. Thurman. Be it enacted by the General Assembly of the Commonwealth of Kentucky: 1. That the Auditor of Public Accounts be, and he is hereby, directed to issue his warrant upon the Treasurer in favor of S. R. Thurman for the sum of ($52 32) fiftytwo dollars and thirty-two cents, it being the sum allowed him for acting Commonwealth's Attorney at the Anderson circuit court, June term, June 9th, 1871, and at the Taylor circuit court, October term, October 17th, 1871. § 2. This act shall take effect from its passage. Approved February 17, 1874. 1874. CHAPTER 322. AN ACT to amend an act, entitled "An act to authorize the sale of the Be it enacted by the General Assembly of the Commonwealth of Kentucky: §1. That the Scott circuit court may adjudge a sale of the Stamping Ground and Lecompt's Run Turnpike Road under the act to which this is an amendment, whether the purchase price therefor shall or not be sufficient to pay off the whole of the indebtedness of said road. §2. That before such sale shall be adjudged to be made by said court, the directors of said road shall file an amended petition, making all the creditors of said road, who are not plaintiffs, defendants to the action, and have them served with summons in the manner provided in the Code of Practice; and in addition to the proof already in the case, it shall be established by deposition or oral proof that the allegations of the amended petition are true. §3. That if said road should not sell for enough to pay all said indebtedness, then the proceeds of sale, after paying the costs and expenses of the suit, shall be distributed among the creditors of the road in proportion to their debts. § 4. This act shall take effect from its passage. Approved February 19, 1874. CHAPTER 323. AN ACT to authorize a sale of the Georgetown, Oxford, and Leesburgh WHEREAS, It is represented that the Georgetown, Oxford, and Leesburgh Turnpike Road is indebted for its conLOC. L.-25 struction in a sum greater than the tolls thereon will pay, after keeping the road in repair; now, therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the Scott circuit court shall have power to adjudge a sale of that portion of said road lying between Georgetown and Oxford, upon petition filed by the directors thereof, alleging that its tolls will not pay off the debts of the road, after keeping the same in repair, and setting out all the debts owing by said road, and the persons to whom they are owing. § 2. All the creditors of the road shall be made parties, plaintiff or defendant, and the latter shall be summoned as provided in the Code of Practice. Before the judgment shall be entered, proof shall be made to the court, either by depositions or otherwise, establishing the truth of the allegations of the petition. § 3. That the purchaser of said road shall be entitled to all the rights, privileges, and franchises given to it by its charter, and shall be subject to all the liabilities, restrictions, and limitations imposed by said charter or the laws of the State; and said purchaser shall hold said road free from all indebtedness heretofore existing against said turnpike company. § 4. That the Scott county court, two thirds at least of the justices thereof being present, and a majority of those present concurring therein, be, and they are hereby, authorized to buy said road at said sale; and if they purchase the same, all its rights, privileges, and franchises shall belong to said county, to be managed and controlled by said court. § 5. That the proceeds of said sale shall be applied to the payment of the indebtedness of said road; and if there should be any surplus, alter paying said indebtedness, it shall be divided pro rata among the stockholders according to their respective amounts of stock; and if there should not be enough to pay all the debts, then the proceeds of sale shall be apportioned pro rata among the creditors of the road. § 6. This act shall take effect from its passage. Approved February 19, 1874. |