tax for one thousand eight hundred and eightynine;" and whereas, there exists doubts as to the legality of said levy and the validity of said order; now, therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the action of the Bullitt County Court of Claims held on Monday, January twenty-first, one thousand eight hundred and eighty nine, in levying said tax of fifteen cents on each one hundred dollars' worth of property in Bullitt county taxable for State purposes, levied for county purposes for the year one thousand eight hundred and eighty-nine, and for the same purpose the poll-tax is levied, to be collected by the sheriff of Bullitt county as the State revenue is collected on the property subject to the payment of State revenue, the amount of taxable property to be ascertained from the assessor's books of said county for the year one thousand eight hundred and eightynine, and other ways provided by law, be, and the same is hereby, legalized and declared valid, and of as binding force and effect as if fully authorized by law at the time said order and levy was made. § 2. This act shall take effect and be in force from its passage. Approved January 21, 1890. CHAPTER 40. AN ACT authorizing the county court of claims of the county of Bullitt to levy an annual tax of twenty cents on each one hundred dollars of value of real and personal property in the county for county purposes. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That the county court of claims of the county of Bullitt be, and it is hereby, authorized to levy an annual tax of not exceeding twenty cents on each one hundred dollars of value of real and personal property subject to payment of State revenue in the county, the property so subject to be ascertained from the assessor's books for each year, and in other ways now provided by law. § 2. The tax for the year one thousand eight hundred and ninety to be levied at a special term of the Bullitt County Court of Claims, at a special term to be held on the third day of May, one thousand eight hundred and ninety, or any subsequent day when called together by the county judge of said county; and for every subsequent year to be levied at the same time the county levy is laid in each year: Provided, The levy of the tax for the year one thousand eight hundred and ninety, or any subsequent year, shall not be binding unless a majority of the justices of the peace, duly commissioned in said county, shall be present and agree to the same. §3. The money so raised shall be applied for general county purposes, the same as the county levy is now applied, and shall be in addition to the county levy. § 4. The sheriff or collector of the county levy for Bullitt county shall collect the tax so levied with the same powers, duties and responsibilities and for the same commissions as are allowed for the collection of the county levy, and disburse the money raised in the same manner as he disburses the county levy; and for a failure to pay over or account for the same, he shall be proceeded against in the same manner as for failing to account for or pay over the county levy; and he and his bondsmen upon his county levy bond shall be responsible upon his said bond for any dereliction of duty upon his part in regard to said tax, either by failing to account for or to pay it to the persons authorized by law to receive it or in any other way. 5. The power to levy the tax authorized by this act shall continue until the same shall be repealed by an act of the General Assembly of the Commonwealth of Kentucky. § 6. This act shall be in force from and after its passage. Approved January 21, 1890. CHAPTER 41. AN ACT for the benefit of J. L. James. WHEREAS, J. L. James, of Eddyville, Lyon county, Kentucky, was ordered by telegram, on the twentyfifth day of January, one thousand eight hundred and eighty-eight, to report before the Penitentiary Committee of the Senate for the purpose of giving information to said committee in regard to the penitentiary; and whereas, said J. L. James did, on receipt of said telegram, report immediately before said committee, and on account of the order of said committee said J. L. James was detained in the city of Frankfort for the period of sixteen days; therefore, Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That said J. L. James be allowed the sum of seventy and ten one-hundredths dollars, for actual expenses during the time for which he was detained by said committee. § 2. That the Auditor be hereby authorized to draw his warrant on the Treasurer for the same. 3. This act shall take effect from its passage. Approved January 21, 1890. CHAPTER 42. AN ACT to establish the Pembroke Deposit Bank, in Christian county. Be it enacted by the General Assembly of the Commonwealth of Kentucky: § 1. That there is hereby established a bank of Capital stock. deposit in the town of Pembroke, in Christian county, Kentucky, with a capital of fifty thousand dollars, in shares of one hundred dollars each, to be subscribed and paid for as hereinafter specified; and the subscribers, their associates, successors and assigns, shall be a body-politic and corporate, by the name and style of the Pembroke Deposit Bank, and shall continue for thirty years from its organization; 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; may have a common seal and change or renew the same at pleasure. ors. § 2. Said bank shall be under the control and man Board of directagement of seven directors, each of whom shall be a stockholder. They shall be residents of this State, and, after the first election, shall be elected annually on the first Saturday of January of each year, and hold office until their successors are elected and qualified; they shall elect one of their number president, and shall hold regular meetings at such times as may be fixed by the by-laws, and other meetings may be had whenever deemed necessary; and in case of death or resignation of any director, the vacancy shall be filled by the board of directors. The directors shall have power to declare dividends of the profits arising out of the business of the bank, and to appoint such officers, agents and servants as they may deem necessary to conduct the business of the bank, and pay them such wages and salaries, and take from them 5-LOCAL LAWS, VOL. 1. lien on unpaid stock. such bonds to secure the faithful performance of their Bank to retain duties, as they may think proper and reasonable. The stock shall be deemed personal property, and shall be assignable according to such rules as the board of directors shall from time to time establish; but the bank shall have a lien on the stock to secure any indebtedness to it by the stockholders for any unpaid balance on the stock subscribed for. § 3. That W. W. Garnett, Rob't W. Downer, W. D. Commissioners. Garnett, Isaac Garrott, Dr. E. S. Stuart, D. A. Bronaugh and M. G. Miller, be, and they are hereby, appointed commissioners, any three of whom may open books and receive subscriptions for the capital stock of said bank: and when two hundred and fifty shares have been subscribed, it shall be their duty to give public notice, by written or printed notices, posted at four public places in the town of Pembroke, or in a newspaper published in said county, and fix a day for the election of a board of directors, who shall hold their office until the ensuing annual election; and said election shall be held on the day, and at the place designated by the said. commissioners, and by them or any three of them; and at the said election each stockholder shall have one vote for each share of stock he or she may own in said bank, and the vote may be cast by the stockholder in person or by the person named in a proxy, duly signed by such stockholder; and if from any cause said election should not be held on the day fixed, it may be held on any other day fixed by them as hereinbefore prescribed; and the certificate of said commissioners shall be proof of the election of the said directors. § 4. That after the said first election the annual Annual election. election of the board of directors hereinbefore pro vided for shall be held at the banking-house of the said bank in Pembroke, by a judge and clerk designated by the board of directors at some meeting before said election; and the certificate of such judge and clerk shall be proof of the election of the persons |