CHAPTER 27.

AN ACT to amend Section 2 of Chapter 69 of an Act of the General Assembly of 1914 which is "An Act to regulate, license and govern use of motor vehicles."

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

That Section 2 of Chapter 69 of the Act of the General Assembly of 1914 which is an Act to regulate, license and govern use of motor vehicles be amended by changing the period after the word over in line 18 of said Act to a semicolon and by adding the following after said semicolon.

"On commercial trucks the following rate shall be charged:

Those having a capacity of one thousand (1,000) pounds or less $11.00; those having a capacity of more than one thousand (1,000) pounds and up to two thousand (2,000) pounds $15.00; those having a capacity of more than two thousand (2,000) pounds and up to three thousand (3,000) pounds $20.00; those having a capacity of more than three thous and (3,000) pounds and up to four thousand (4,000) pounds $25.00; those having a capacity of more than four thousand (4,000) pounds and up to five thousand (5,000) pounds $30.00; those having a capacity of more than five thousand (5,000) pounds and up to six thousand (6,000) pounds $35.00; those having a capacity of more than six thousand pounds and up to seven thousand (7,000) pounds $45.00; those having a capacity of more than seven thousand (7,000) pounds and up to eight thousand (8,000) pounds $55.00; those having a capacity of eight thousand (8,000) pounds and up to nine thousand (9,000) pounds $65.00; those having a capacity of more than nine thousand (9,000) pounds and up to ten thousand (10,000) pounds $75.00; those having a capacity

of more than ten thousand (10,000) pounds shall . pay $75.00 and $50.00 for each additional ton.

The applicant for license for commercial motor truck shall state in his application the capacity of the truck.

Said section when thus amended will read as follows:

Section 2. Registration by Owners of Motor Vehicles, Certificates of Registration.-Every owner of a motor vehicle shall immediately upon the acquirement thereof, except as otherwise provided in this act, file in the office of the Secretary of State an application properly sworn to, setting forth his name and address, with a brief description of the motor vehicle to be registered, including the name of the maker, the factory number, style of vehicle. and motor power, on an application to be prepared and furnished by the Commissioner of Motor Vehicles for that purpose and shall pay the said Commissioner of Motor Vehicles a registration fee of six dollars on each motor vehicle of less twenty-five horse power; eleven dollars on each motor vehicle. of twenty-five horse power and over up to fifty horse power and twenty dollars on each motor vehicle of fifty horse power and over; on commercial trucks. the following rate shall be charged: Those having a capacity of one thousand pounds or less eleven dollars; those having a capacity of more than one thousand pounds and up to two thousand pounds fifteen dollars; those having a capacity of more than two thousand pounds and up to three thousand pounds twenty dollars; those having a capacity of more than three thousand pounds and up to four thousand pounds twenty-five dollars; those having a capacity of more than four thousand pounds and up to five thousand pounds thirty dollars; those hav

ing a capacity of more than five thousand pounds and up to six thousand pounds thirty-five dollars; those having a capacity of more than six thousand pounds and up to seven thousand pounds forty-five dollars; those having a capacity of more than seven thousand pounds and up to eight thousand pounds fifty-five dollars; those having a capacity of more than eight thousand pounds and up to nine thousand pounds sixty-five dollars; those having a capacity of more than nine thousand pounds and up to ten thousand pounds seventy-five dollars; those having a capacity of more than ten thousand pounds shall pay seventy-five dollars and fifty dollars for each additional ton. The applicant for license for commercial motor truck shall state in his application the capacity of the truck. Provided, that if the motor vehicle be a motorcycle the fee paid for registration thereof shall be five ($5.00) dollars. All such registration and registration fees shall hereafter fall due on the first day of January of each year and be for one year from such date. In the event any person becomes the owner of a motor vehicle after said date of any year, then he is to be charged such a proportion of such fee as the date of purchase bears to the last named date for the first year, and thereafter register and pay his registration fee on the date above set forth. Said reg istration shall be made on the date the application is received and filed by the Secretary of State.

Upon filing in the office of the Secretary of State of said application as hereinbefore provided, the Secretary of State, or his duly authorized agent, shall, without further fee, assign and furnish to the owner of such motor vehicle as described in such application, two distinctive number plates to be paid for, together with the transportation of same to the

owner, out of the funds arising from the registra tion fees, and shall issue to the owner of such motor vehicles as is described in the application filed, a certificate of registration, which certificate shall be in the form of a card, which may be carried in the pocket, and which certificate shall contain the distinctive number so assigned to such motor vehicle, the name and address of the owner and brief description of such motor vehicle, stating the name of the manufacturer and the motor power.

Duplicate certificates of registration will be issued upon payment of a fee of fifty cents. The Secretary of State shall cause the name of such owner, with his address, registration number and the date of filing of application and description of such motor vehicle or motor vehicles, to be entered in alphabetical order of the owner's name in a book to be kept for that purpose in the office of the Secretary of State; provided that this action shall not apply to manufacturers of, or dealers in, motors in this State, except as to vehicles kept by such manufacturers or dealers for private use or public hire.

All licenses issued by the Secretary of State on motor vehicles after passage of this act or before January 1, 1915, shall be made to expire on January 1, 1915, and the fee for such license shall be proportionate to the time that the unexpired part of the year 1914 bears to the whole year, and in making the calculation the time, shall be calculated from the first of the month succeeding the date of the license shall fall due.

If any licenses have been issued before this law becomes operative, which do not expire until after the first of January 1915, the next license issued on such machine shall expire on January 1, 1916, and the fee collected from such license shall be appor

tioned in the manner provided for and during the year 1914.

Nothing in this section shall apply to motor trucks not operated on a turnpike roads nor to motor trucks which are operated on turnpike roads constructed by the owner or owners of such trucks nor to automobiles owned and operated in the service of the State of Kentucky, or by any county or municipality therein, but such automobiles shall have attached both front and rear, as provided in this act, a tag selected by the proper official of said State county or municipality sufficient to identify the ownership of said vehicle.

All laws or parts of laws in conflict herewith are hereby repealed.

Approved March 26, 1918.

CHAPTER 28.

AN ACT concerning loan and investment companies in cities of the first and second class, defining same and providing for the incorporation, powers, supervision and control of such companies.

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

DEFINITION OF "LOAN AND INVESTMENT COMPANY."

One. The term "loan and investment company" as used in this act, means any corporation formed under the provisions of this act.

CORPORATOR'S NUMBER-AMOUNT OF CAPITAL REQUIRED NAME.

Two. Any number of persons not less than five may associate to establish a loan and investment company in cities of the first and second class upon the terms and conditions and subject to the liabili