xt70zp3vt865_143 https://exploreuk.uky.edu/dips/xt70zp3vt865/data/mets.xml https://exploreuk.uky.edu/dips/xt70zp3vt865/data/63m46.dao.xml unknown 14 Cubic Feet 31 boxes archival material 63m46 English University of Kentucky Copyright has not been assigned to the University of Kentucky.  Contact the Special Collections Research Center for information regarding rights and use of this collection. Harkins Family papers Mineral rights -- Kentucky -- Floyd County -- History. Law reports, digests, etc. -- Kentucky. Mining leases -- Kentucky -- Floyd County -- History. Practice of law -- Kentucky. Bankers -- Kentucky. Banks and banking -- Kentucky -- Prestonsburg. Coal trade -- Kentucky -- Floyd County -- History. Lawyers -- Kentucky. Prestonsburg School Corporation text Prestonsburg School Corporation 2016 https://exploreuk.uky.edu/dips/xt70zp3vt865/data/63m46/Box_17/Folder_11/0002.pdf 1939 1939 1939 section false xt70zp3vt865_143 xt70zp3vt865 -< ,-,- - ---...._ - cum... ,-
ii‘foJliis 1'}? 714.0311? mama;
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{MS P34312134” t’fijfl $855) Til. againza‘irx‘? ma
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C

 ARTICIES g mmawrmu
THE PEESTONSBURG 863031. empamnm
litttttttfi‘
was All. mm BY ma PRESENTS;
I.
That A.J.NAY, 11.9 FITZPATRICK?‘ J.D.nm,s.9.mm, 1’
Qua-f Fruits-5'7“er _
J.2?.HWARD,H.F.PAflGiNJJAYOfififiPRADLH AND A.B.cmmsmcb '
holders, do associate to torn a corporation under the laws of
the Connomalth of Kentucky.
11.
That the Corporation shall be namsd and known as
TH". PRESTONfiBURG SCHOOL COBFWTIQH, by which name it may con-
tract and be contracted with, sue and be sued, adopt a corporate
coal and coMuct its business.
111.

The principal office and place or business of said

corporation aha-.111 be at Prostanshzrgmloyd County, Kentuclq.
IV.

The bueimss proposed to be transacted, conducted and
carried on by said Corporation shall not be for profit, but shall
be for educational and other charitable purposes, to rccciw,hold,
disburse gifts,bsquects and other funds for said purposes, to own
and maintain suitable real estate and buildings for its purposes,
lease the some and to do all things necessary and incident thereto.

 V.
said corporation shall have no capital stock. am: is formed
not for profit, but to promote the canoe of education.

VI.

The corpootion shall cmnce business as coon ae
practicable after these articlee are filed in County Clerk's
Office of iloyd canny, Kentucky, and in the office of the
:seoremry of statefi‘rarmfortmengsgy. The Corporation shall
continue for a period of twenty/yam, \mleee eooner dissolved
by a Morita vote of its members. ‘i‘hie corporation shall ox.
in for twenty five yea".

VII.

The affaire and bucineea of the corporation shall be
coMucted by not lace than five (6) directore, one of when
shall be elected president am another vioeoprecidont. The

. Freeident ehall be the chief executive officer of the corpora-
tim. Tho first board of directors shall be elected by the mom-
bere of said corporation at such time and place as a majority
or the nowhere may determine, and thereafter on election or
oiroctore eholl be held at the corporation's offing-restora-
burgmentocky, «two: each year, and they
shall hold their office for (me your and until the election «.md
qualification of their eucceecor. The board of tux-octave shall
have power to make all ouch by-laee and mice to regulate the
moineee of the corporation as will not be incmaiatent aith
tho provioione of these articles of incorporation and the love
of the Wealth.

VIII.

.3, w mama: common “1" WW

aggregate km
Rwaa‘mwamfi-ommhwm ,
not he need or applied othewiee than for the conetmctic. and '
exiguipmont of a echool building and for the benefit of the acid
echool building and equipment and maintenance thereof and eohoole
m treetouobwa Wed school Dxetciot in F‘I‘IBtMIBWfl, Ken-

 The corporation shall incur no Melanoma or liability exoept.
in writing and upon a some}. vote of in director»: as provided
in VII herein. and when said corporation shall issue and deliver
hemdemoummflwmee or other evidence of its Montcalm“. no
further or other indebtedness awn be incurred by the corporation
name the consent in writiw or.“ £1 majority in 11mm and mm
of the holders of home, notes, mortgagee or other evidence of in-
debtedness, or or.“ the trustee, if any, representing them.
" m.
in no event shall the gmivate property of the incomm-
tore, or directors, be subject to or in any my liable for any debt
or contract of 11.0 corporation. if
m mrrmom data", witness our hmde, thieAéay
of O¢Z>fiw 1938.
7 /
1A.. "2.. 11:11.1
’ ’~’.5!;MJZI..
{/A “3141/ 3/»/
[2'0
7 " 5, '.’/4‘
217514.“... ' ‘
L'r/ .

 35mm CF WINCH ; SGT.
comm or new )
L/flz i %Mfi;g , a Notary rublio 1n and
for tho Caunty and state oresaid, do hereby certify that the for.-
30193 articles of incorporation of tho Prootonoburg school corpora-
tion, were this day produced to m in my office by A.J.May,H.D.F1tz-
patriot, 3.1).Harkino, 14;.P.Arnold, Junnoward, H.F.Patton,¥:.?.unyo,
G.C.Spradlin and A.B.Conbo, and acknowledged by said parties and
oqch of than to be their act and dead.
G1von under my hand and seal of office, this //%fi
day 01342 gflw , 1938.
§§gp
Iiy commission expires QM - I74- / 744W
31‘,»,'1'é: a? KEN'I‘UCH i 301'.
COURT! OF FLOYD
I, A.B.uoadc, Clerk of the County court of the
County aforesaid, do horoby certify that the foregoing articles
of Incorporation were on the ._4de of M4 1938, at
/4:ag o'clock in" lodged in my office for record, and that it,
the foregoing, and this certificate have been duly recorded in W
03100.
witness my hand, this $653 of W 1938.
My ӎ fig "
BY {3% ' ‘ém/Z 733.6

 a u " fl I ‘,. s" a 4‘
STAR OF KEMUCH g
1301‘.
COUNTY 11‘ FLOYD
Iv --B-m&d°vclerk of the County and state aforesaid,
do hereby ceritfy that I am the cuatodiem of the records or the
Floyd county Court. and that the foregoing is a true and correct capy
or the :articlu of Incorporation of The Proatonaburg 13011001 Corpora-
tion as the am appears of record in aw office.
, witness my hand and official 99:51 this the :72“ day at
(EZEI KC: :2 gwt/ ’ 1938 a
f ‘ ) _ ,7 .1
fl E4. 4) . 4 {5744.452 Clerk,
, 0y Lou!) ”L'- . ,4

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 ' . .

3. By the terns of Siil contract and lease, a seconi lien is
reserved to the school Board on the property hereby 03?:
veyed in the amount of $ , which is agreed to
be the value of the property hereby conveyed, said lien
to be inferior and junior in all reSgects to the lien of
the mortgage to secure the bonds but grior uni superior
to all other liens, and to be increased from time to time
by the total cf all payments hereafter male by the pohov]
Board b0 the School Corporation as rentals.

4. It is further provided in said contract and lease above
reforrel to that the School Corgoration will grant to
the School Board from the iate hereof an excinsive option
to purchase from the School Corgorfitioh the property
hereby conveyed and hereafter to be mortgaged to secure
said issue of bonds, at a grice equal the total agfregate
principal sum of all bonds to be issued unier Feta hort-
gage, together with all interest thereon ani all expenses
incurred by the School Corporation in connection with its
organization and the issuance of said bonds, the total of

I such amount, however, to be credited b; the paymegts mule
' by the School Boari to the School Corporation :3 rental
under the contract axl lease Wereinbeforc r “errei to.

7 The option referred to in said contract can lufififl if hqrcL;
reserved by the School Board in connection with the PTCfufty
hereby conveyed.

5. It is further understoofl ani agree} by and between the par-
ties that when from the annual rentals paid by the School
Board to the school Corporation under the terns of said

 1 I '
' 0
contract uni lease all of the bc;i= in? interwff ih€131n
securei by tHe msrt;qde e; tbii Lvefrsif V“111 Luv: Lee;
relecwed and puii, Ca eniled 3;Q retire}, aai 117 exgexrws
in connectien*71th the ienning hf 7:11 bani? "r; the ;;;naut
therecf shall have been paid, that the School CarggrfiLion
viii reflcnr’: iii yroperty hercLJ conveyc? fig :Lc ;:b'u7
bear? «31 the 393211 1193 IETprV53 h¥rcin :fia?‘ be re-
talned to secure the gsrfnrnance hf 3111 r;1u*“u‘to
d. Ihe ccntrect and lease herein referred t: Hrtfixr: the
parties executefl :inultaneeusly witL Lhie ice; is hereby
referred to in ?u11 as if cepiel herein and made a part
hereef, for a more pnrfiieulzr ieserigtimn of the term: cf
the agrerxcnt between 1L: geriirx “errto.
IN TugT1483311EI&KE, the lfie,1;LLuLhu iJAZPgJiHJJ VJQT;L
1w- ~ -- m—‘x- ~~ ~_-\ ”1?. -:--~«, ~ _fi, 1,, 1, ' ..1 he”, “ ‘ “
444.91‘311'3; fiUzhgs LI WVC..L.LI\J;J ht»: 1-81:.‘1111L'r .«t 141-: 1.1.1:: by! V' *‘ ‘.:...J..._________..__.t
its Cbufrqfim, 5nd :5 3L u '“1 h , its Hearciary, thiT 72; 5x3 late 9LI¢L
.--_w.._____________
gbove written.
PREJTQJ;?UZG ILLE;LL241K JQITCL LILILLCT
QOAE: CE EDUZLZICX,
; [ Uk~1rwan
‘ \ attest; '/,
: figé IO$742*”ZZé/XLI'Z/3//
Secretary
STATS OF lELmJGEC‘I,
Ccunty onE§oyi. 30b.
, w . . , - .- .
I,/“‘/ Q 1,” n-1» k :4 , a notary Public 1n and for the ccuntg and state @5019-
u - n 1'. . T, _fl , N _ “.
sald, do hereby certlfy that the forehelng used from Prestonsburg decy?n&tflt gfhool
‘ ' " / ‘ . . . . C F , 1 1 ' ..7, ,.. —: 1 1
Dlstrlct déard of Educatlon to the Prestonsburg echuel Corporatlcn flgo on th.s ma;
prnduced to me ani duly signed by v- *s v? _ ‘l , 3hn5“«e, and
;C H 3;, u“ "' u , Secretary, and duly ackfvvlefl~ed by the 551; v- r! vl 1 -
M “
Chairman and ~. 2 .- ~. Secretary of t~ 9 $95.10" .;Chool Eimrrl to v.1: the act
an“ d:ed ef the 'rcstonsburg Independent School District Boari of gluesfiion, an}
the gene together with this certificate is hereby certifiei to the proger office for
recerl.
unused Vy hex-"111511111 of 1.11131 seal this theJfi day of / 1939-
’ /
My ceurfisssson expireé , 105:47 , F
/V/ / MY F'mrwccn “Dire: January hf- X77 7.
K/y ~.4/\ 5‘— / _, /»‘1'~' ’ 1- 1
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struction of the said new Graded school an? Junior Jeho.l building and the
egdirnent to be installed therein, which bonds arc to be secured by : flfict
mortgage on the tract. :f land conve3»& by sail deed uni th inprave eats
thereon.

Hal,ihfi}d£CRE, in ornsideration of soil conveyance by
first party, the School Board, to second party, the School Scrporatioi, as above
set out, the parties hereto agree as foll:ws:—

l. JeBufii party, the school Corporation, will with the
proceeds of said bot? issue, immediately pay all costs, expense: and indebted-
ness incurred or created in the construction of said school building, an? will
with any surplus funls thereafter “enaiwing prooeei to install equijmcnt therein,
in the wannor aul at a cost to be agreed upon by tr: parties.

3. The gchool Laird mil: learn from the pchsol dc :wration
all the pr'pfirty embraced in 3331 martpage to assure sell bonl: inolulin; the
improvements thereon and the cfiuipnent installel therein, for a period of one
year from the lat day of April, 103?, to tho let day -? “935?, “0&0, at an
agreed and stipulated annual rental of se,ono.00 to be pail by hLe first party
to the second party on or before March 20, lCCC.

It is agreed that “ftor thw definition of 9:?77.00 f: c In?

‘7’ one year's interest on thr bond: anl the efgenses of the $13Ttbfl“: :Li the
trustee, that the remainder of this rental, $1V50.00, shall be added t: the
Building Fall for the gurgosc of pay‘ng any edditioral building or e; igrent
costs that may be incurred in allition to the p