An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1874 |
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Law Number | 236 |
Subjects |
Law Body
Chap. 236.—An ACT to amend and re-enact Ist and 2d sections of an
act to incorporate the North River Railroad Company, approved
March 21, 1872, and to change the name.
Approved April 2%, 1874.
1. Be it enacted by the general assembly, That the first c
and second sections of an act to incorporate the North river %
railroad company, approved March twenty-first, eighteen
hundred and seventy-two, be amended and re-enacted so as
to read as follows:
“§ 1. Be it enacted by the general assembly of Virginia,
That George W. Berlin, John W. Allemong, Edward J. Arm-
strong, Thomas Shumate, Joseph Dinkel, Pelse S. Roller,
George H. Dinges, John F. Crawn, George Kiser, David A.
Plecker, Michael Lindon, Lewis C. Whitescaner, He B.
Harnsberger, William A. Maupin, Manassas Blackburn, Dan-
iel Boone, J. Davis Craig, John Carpenter, Thomhs Burke, |
James W. Long, Solomon Garber and John M. Miller, or
such of them as may accept the provisions of this act, and
such persons and corporations as may become associated with
them in the manner hereinafter provided, shall be and they
are hereby constituted a body politic and corporate, by the
name of The Shenandoah Valley and Ohio Railroad; and by
that name shall have all the powers, rights and franchises
necessary and proper to locate, construct and maintain a rail-
road, to begin on the West Virginia line of Pendleton county
and run southward by the way of Bridgewater, by.or near
Mount Crawford, and by or near Port Republic to some point
on tide water, at or betweén the cities of Fredericksburg
and Alexandria, in the state of Virginia. The counties
through which said road may pass are authorized to vote
subscriptions to the capital stock of said company, in form
and manner as prescribed by law regulating county sub-
scriptions to incorporated companies. The board of direc-
tors are authorized, at any meeting when a majority of di-
rectors are present, if they deem it advisable so to do, to
change the name of the said company.
“§ 2. That the capital stock of said company shall not be
less than five hundred thousand dollars nor more than five
millions of dollars, to be divided into shares of one hundred
dollars each; and whenever fifty shares shall have been sub-
scribed, under the direction of any three of the corporators
hereinbefore named, the subscribers may organize the com-
pany by electing a president and board of directors, and
electing or appointing such other officers as may be neces-
sary for the management of the affairs of the company; and
thereupon they shall have and exercise all the general pow-
ers and functions of a corporation, and be subject to all the
restrictions imposed by the laws of this state applicable to
internal improvement companies, except so far as may be
changed or modified by this act.”
2. This act shall be in force from its passage.