Chap. 309.—An ACT to Incorporate the Lee County Agricultural and Me-
chanical Association.

Approved July 11, 1870.

1. Be it enacted by the general assembly, That Wm. N. G.
Barrow, J. W. Scott, Isaiah Dougherty, A. R. Surgener, A. L.
Pridemore, A. H. Fulkerson, Wm. D: Morgan, E. 8S. Martin,
Wm. McDonald, and such other persons as may be hereafter
associated with them, be and they are hereby created and
made a body corporate and politic, under the name and style
of The Lee County Agricultural and Mechanical Association,
for the purpose of establishing and conducting fairs and other
exhibitions of the natural and industrial products of Lee and
the surrouding counties; and by that name may have perpetual
succession and a common seal; may sue and be sued, plead
and be impleaded, in any and all of the courts of this common-
wealth; may purchase and hold, rent, sell, or otherwise dispose
of, any real or personal estate necessary for the use of the cor-
poration.

2. The capital stock of the company shall not be less than
two thousand nor more than ten thousand dollars, to be di-
vided into shares of ten dollarseach. No one person shall hold
more than ten shares of said stock.

3. The annual meetings of the corporation shall be held on
the first day of September in each year, or upon such other
day as may be fixed upon by the by-laws. In such meeting,
each member may cast as many votes as he has shares of stock.
Female members may vote by proxy, but no person shall act
as proxy who is not a member of the corporation. At such
meeting, there shall be elected a president and as many direc-
tors as the by-laws may prescribe, who shall hold their offices
forthe term of one year, and until their successors are elected ;
and who shall have control of the affairs of the company du-
ring their continuance in office, under such restrictions and
limitations as may be prescribed by the regulations.

4, The corporation may enact such by-laws for the govern-
ment of the same as they may deem necessary and proper,
not repugnant to the laws of this state or of the United States.
The said by-laws may impose such penalties for delinquencies
and neglect of duty as may be deemed proper. Persons not
members of the corporation may be admitted to share its
privileges and benefits, in such manner and under such restric-
tions as may be prescribed in the by-laws.

5. This act shall be in fotce from its passage.