Chap. 361.—An ACT to incorporate the Fauquier White sulphur springs
company.

Approved April 4, 1877.

1. Be it enacted by the general assembly, That Fitzhugh
Lee, of Richland, Virginia; M. D. Corse, of Alexandria,
Virginia; William H. Payne, of Warrenton, Virginia; Brad-
ley T. Jobnson and Francis T. Willis, of Richmond, Virgt
nia; Charles Marshall, of Baltimore, Maryland; Richard I.
Merrick, of Washington, District of Columbia; Thomas J.
Semmes, of New Orleans, Louisiana; D.C. Godwin, of Ports-
mouth, Virginia; James H. North, Culpeper county, Virgi-
nia; D. C. Gordon, A. D. Payne, Hugh R. Garden, Thomas
Smith, Albert Fletcher, and Bernard P. Green, of Fauquier
county, Virginia; together with all others who may hereaf-
ter subscribe for or become owners of the stock of the com-
pany hereby authorized, be and they are hereby constituted
a body politic and corporate, under the name and style of
The Fauquier White Sulphur Springs Company; and by that
name and style they and their successors may have continual
succession, may sue and be sued, contract and be contracted
with, have and use a common seal, and change the same at
pleasure; may purchase and hold real estate, not exceeding
one thousand acres of land, and may sell and convey, lease
out or rent any portion thereof; and may purchase and hold
personal property, for the purpose of conducting the busi-
ness of said company; and shall have power to make such
by-laws, rules and regulations, not contrary to the laws of
the United States or of this commonwealth, as may from time
to time be directed in public meeting.

2. That the capital stock shall be not less than fifty thou-
sand dollars, divided into shares of fifty dollars each; and the
books of subscription shall be opened under the direction of
H.’R. Garden and Thomas Smith, or either of them, who are
hereby appointed commissioners for that purpose, at such
places, in or out of the state of Virginia, as they may decide.
And so soon as two-thirds of the aforesaid sum shall have
been subscribed, the said commissioners may, upon reasona-
ble notice, personally or by publication, to the subscribers,
call a meeting, to assemble at the said sulphur springs, or such
other place in or out of the state as may be found most con-
venient, and at such time as may be designated in such no-
tice. The stock may be at any time increased to a sum not
in violation of the laws now in force, by a vote of the ma-
jority of the stockholders.

3. The object of said company is to establish, keep, and
maintain a place of summer resort, and for this purpose the
stockholders may, at their first general meeting, make an as-
sessment upon themselves, not exceeding fifty per centum of
the par value of their stock, for the purpose of purchasing
the property known as The Fauquier White Sulphur Springs,
and erecting suitable buildings thereon; and thereafter the
directors, who shall not be less than five or more than nine,
and who shall be elected by the stockholders at their first
meeting, and thereafter, at such meetings of said stockhol-
ders as they may determine, may make assessments upon the
stockholders, for the purpose of completing its buildings, and
further improvirg its property, not excecding, at any meet-
ing, twenty per centum upon the par value of the stock; and
the said directors, unless the stockholders should otherwise
order, may issue coupon bonds, not exceeding seventy-five
thousand dollars in amount, secured by deed of trust upon all
or any part of the property of said company.

4. That the directors of said company, a majority of whom
may form a quorum for the transaction of business, may
cboose a president, and in his absence a president pro tempore.
They shall have power to supply vacancies in their own body,
to call special mectings of stuckholders, to appoint such offi-
cers, agents, and clerks, as shall be authorized in general
meeting, or as they shall think necessary, to lease out the
hotel and othér property of the said company, manage and
conduct the same themselves, or by their.agents, and to do
all other acts and things touching the property and affairs of
the said company, not otherwise specially provided for.

5. The principal office of the said company sball be in the
town of Warrenton, state of Virginia; but the president
shall have the power to call special meetings of the board of
directors, after reasonable notice by publication or otherwise,
at any time or place that he may deem proper.

6. This act shall be in force from its passage.