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ment of damages by a jury as provided in Section 3095d and the payment by the city to the owners or into court of the amount due, as shown by the report of commissioners or the judgment of the court, and all costs adjudged against the city, the court shall enter judgment vesting in the city the title to the land, easement, right-of-way or other property condemned and the city shall thereupon be entitled to take possession thereof and to use and control the same for the purpose for which it was condemned as fully as if the title had been conveyed to it; and the court shall, upon motion or request of the city, cause its commissioner to execute a deed of conveyance to the city therefor, which deed shall be executed as nearly as practicable in accordance with the rules governing the conveyance of property by commissioners when sold under order of court.

The city shall be allowed ninety days from the confirmation of the commissioners' report or from the rendition of the judgment within which to make such compensation and payment, and if the same be not made within said time, the said condemnation shall be deemed and treated as abandoned and any verdict or judgment rendered therein shall be set aside and the proceedings dismissed at thecost of the city, but without prejudice to any subsequent proceeding; provided, however, that the court may, for cause shown, extend the city's time for making such payment, but not to exceed one (1) year, and provided further that such extension. of time does not materially prejudice the owner of the property.

Section 3095f. Disposition of Proceeds. All money paid into court under the provisions of this law shall be received by the clerk of the court and

held subject to the order of the court, and he and the sureties on his official bond shall be responsible therefor to the persons entitled thereto. The court will make proper orders for the payment of the money to such persons and if they be infants or under disability, the court will make proper orders for the preservation of said funds or it may cause the same to be reinvested in the manner provided by law for the reinvestment of the proceeds of property of persons under disability sold by order of court. If the property condemned was owned by one or more persons for life, or for years with remainder over, the court may apportion said funds among the parties according to their respective interests or it may reinvest the same in other property to be held upon the same terms and limitations.

Section 3095g. Appeal. An appeal may be taken by either party in interest from the circuit court to the Court of Appeals in the manner, and for any of the causes, and subject to the rules, provided by general laws regulating appeals from circuit courts. to the Court of Appeals, but no appeal or supersedeas shall suspend the right of the city to have possession of the land, easement, right-of-way or other property condemned as provided in Section 3095e.

Section 3095h. Condemnation for School Purposes. Whenever, in the opinion of the Board of Education of any City of the Second Class, land or other property shall be needed for public school purposes of such city, either within or without the boundaries of the city in the county in which said city is located, the said Board may, by resolution reciting such need, order the condemnation of such property; whereupon the said Board may proceed to condemn the same for public school purposes in

all respects in the manner provided for the condemnation of land and other property for public municipal purposes in the preceding Sections 3095, 3095a, 3095b, 3095c, 3095d, 3095e, 3095f and 3095g, except that such proceedings shall be instituted and carried on in the name of the Board of Education." Neither approved nor disapproved.

CHAPTER 90.

AN ACT to further amend and re-enact Section 3194 of the Kentucky Statutes relating to sinking funds in cities of the Second Class.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

§ 1. That Section 3194 of the Kentucky Statutes, Carroll's Edition of 1915, relating to sinking funds in cities of the second class, as amended by Act of 1916, published as Chapter 69 of the Acts of 1916, be and the same is further amended and re-enacted to read as follows:

Section 3194. Said Commissioners are required, whenever there shall be an accumulation of money in the sinking fund over and above the amount required for promptly meeting the interest on the bonded indebtedness of the city, to redeem or purchase the outstanding bonds and interest coupons of the city chargeable to said fund, when they can do so on fair terms and at a price not exceeding the market value thereof and such bonds and coupons shall be reported to the General Council or other governing body of said city and be cancelled and a correct record of same with date of cancellation preserved in the office of the Auditor. Whenever there shall be a surplus of said funds which cannot be

applied on such terms to the extinguishment of said liabilities, the Commissioners may invest the same in bonds of said city, for which it is liable in its corporate capacity, or in bonds of the State of Kentucky, or of the United States; or may invest said funds in such other interest bearing or dividend paying securities as now authorized, or which may hereafter be authorized, by Section four thousand seven hundred and six of the Kentucky Statutes, or other general law of the state, for the investment of funds held by persons or corporations in a fiduciary capacity. Any loan or investment, heretofore made, of the sinking funds of a city of the second class which would be authorized and valid if made after this Act takes effect, is hereby ratified, validated and confirmed.

Neither approved nor disapproved.

CHAPTER 91.

AN ACT to amend an Act entitled "An Act to punish derogatory statements affecting any Bank, Savings Bank or Trust Company," approved March 18, 1914, and to make the provisions of said Act applicable to domestic or foreign insurance companies.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

That an Act entitled "An Act to punish derogatory statements affecting any bank, savings bank or trust company," which was approved March 18, 1914, being Chapter 45 of the Acts of the General Assembly of the Commonwealth of Kentucky, and also being Section 598a of Carroll's 1915 Edition of Kentucky Statutes, be, and the same is hereby, amended by inserting immediately after the word "State" in the eighth line of said Act the words

"or of any domestic or foreign insurance company," so that the said Act, when amended, shall read as follows:

"That any person who shall wilfully and maliciously make, circulate, or transmit to another or others any false statement, rumor, or suggestion, written, printed or by word of mouth, which is directly or by inference derogatory to the financial condition or affects the solvency or financial standing of any bank, saving bank or trust company, doing business in this State, or of any domestic or foreign insurance company, or who shall counsel, aid, procure, or induce, another to start, transmit or circulate any such statement or rumor shall be guilty of a misdemeanor and upon conviction thereof shall be fined not less than two hundred nor more than one thousand dollars or confined in the county jail not less than twenty nor more than one hundred days, or both so fined and imprisoned in the discretion of the court.' 99

Neither approved nor disapproved.

CHAPTER 92.

Be it enacted by the General Assembly of the Commonwealth of Kentucky:

§ 1. Bees-Inspectors of Apiaries-County Judge May Appoint. That whenever a petition is presented to the county judge of any county in the State of Kentucky, signed by three or more persons, all of whom are residents of said county, and possessors of an apiary or place where bees are kept, praying that inspector be appointed by said county judge, said county judge shall, within five days after the presentation of said petition, appoint a person as

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