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 | 1881/1882 |
---|---|
Law Number | 122 |
Subjects |
Law Body
Chap. 122.—An ACT cunfirming the issue of the capital stock of the
Norfolk and Western railroad.
Approved February 14, 1882.
Whereas the Norfolk and Western railroad company has
been created and organized, under a sale and conveyance
pursuant thereto, of all the works, property, and franchises
of the Atlantic, Mississippi and Ohio railroad company,
made under decrees of the circuit court of the United States
for the fourth judicial circuit and eastern district of Vir-
ginia, in the cause therein pending of William Butler Duncan
and Samuel L. M. Barlow, surviving trustees, against the
said Atlantic, Mississippi and Ohio railroad company, and
other defendants, and has thereby succeeded to all the fran-
chises, rights, and privileges of the said Atlantic, Mississippi
and Ohio railroad company ; and whereas it was provided in
the charter of the said Atlantic, Mississippi and Ohio railroad
company, that said company may have a capital stock of
twenty-five millions of dollars, such part to be made common,
such part preferred, and such part an interest-guaranteed
stock, as the president and board of directors of said com-
pany may prescribe; all, however, to be rated at one hun-
dred dollars per share, par value ; and whereas the purchaser
at said sale, and his assigns, did create one hundred and fift
thousand shares of preferred capital stock in said Norfol
and Western railroad company, of the par value of one hun-
dred dollars each, and thirty thousand shares of common
capital stock therein, of the par value of one hundred dollars
each, and the stockholders of said Norfolk and Western rail-
road. company, at their first meeting, did accordingly resolve
that the entire capital stock of said company shall not exceed
twenty-five millions of dollars, consisting of two hundred
and fifty thousand shares, of one hundred dollars each, of
which the amount of preferred capital stock sball not, with-
out the consent of a majority of all the stockholders, exceed
one hundred and fifty thousand shares, and the rate of pre-
ference without such consent shall not be greater than six
per centum, and of which capital stock the amount of com-
mon capital stock shall not, without the consent of a majority
of the holders of the common stock, exceed thirty thousand
shares ; now, therefore,
1. Be it enacted by the general assembly of Virginia, That
the issue of capital stock of said Norfolk and Western rail-
road company, and the provision for the future issue thereof,
as hereinbefore set forth, are hereby approved, ratified, and
confirmed.
2. This act shall be in force from its passage.
Chap. 122.—An ACT for the removal of the disabilities of Charles R.
Lee, Warner S. Kerfoot, Conrad Kownslar, and Marshall McCor-
mick.
Approved April 22, 1882.
1. Be it enacted by the gencral assembly (two-thirds of
both houses concurring), That the disabilities of Charles R.
Lee, Warren S. Kerfoot, Conrad Kownslar, and Marshall
McCormick, incurred under clause three of section one of
article three of the constitution of Virginia, with reference
to duelling, be and the same are hereby removed.
2. This act shall be in force from its passage.
Chap. 122.—An ACT cunfirming the issue of the capital stock of the
Norfolk and Western railroad.
Approved February 14, 1882.
Whereas the Norfolk and Western railroad company has
been created and organized, under a sale and conveyance
pursuant thereto, of all the works, property, and franchises
of the Atlantic, Mississippi and Ohio railroad company,
made under decrees of the circuit court of the United States
for the fourth judicial circuit and eastern district of Vir-
ginia, in the cause therein pending of William Butler Duncan
and Samuel L. M. Barlow, surviving trustees, against the
said Atlantic, Mississippi and Ohio railroad company, and
other defendants, and has thereby succeeded to all the fran-
chises, rights, and privileges of the said Atlantic, Mississippi
and Ohio railroad company ; and whereas it was provided in
the charter of the said Atlantic, Mississippi and Ohio railroad
company, that said company may have a capital stock of
twenty-five millions of dollars, such part to be made common,
such part preferred, and such part an interest-guaranteed
stock, as the president and board of directors of said com-
pany may prescribe; all, however, to be rated at one hun-
dred dollars per share, par value ; and whereas the purchaser
at said sale, and his assigns, did create one hundred and fift
thousand shares of preferred capital stock in said Norfol
and Western railroad company, of the par value of one hun-
dred dollars each, and thirty thousand shares of common
capital stock therein, of the par value of one hundred dollars
each, and the stockholders of said Norfolk and Western rail-
road. company, at their first meeting, did accordingly resolve
that the entire capital stock of said company shall not exceed
twenty-five millions of dollars, consisting of two hundred
and fifty thousand shares, of one hundred dollars each, of
which the amount of preferred capital stock sball not, with-
out the consent of a majority of all the stockholders, exceed
one hundred and fifty thousand shares, and the rate of pre-
ference without such consent shall not be greater than six
per centum, and of which capital stock the amount of com-
mon capital stock shall not, without the consent of a majority
of the holders of the common stock, exceed thirty thousand
shares ; now, therefore,
1. Be it enacted by the general assembly of Virginia, That
the issue of capital stock of said Norfolk and Western rail-
road company, and the provision for the future issue thereof,
as hereinbefore set forth, are hereby approved, ratified, and
confirmed.
2. This act shall be in force from its passage.
Chap. 122.—An ACT for the removal of the disabilities of Charles R.
Lee, Warner S. Kerfoot, Conrad Kownslar, and Marshall McCor-
mick.
Approved April 22, 1882.
1. Be it enacted by the gencral assembly (two-thirds of
both houses concurring), That the disabilities of Charles R.
Lee, Warren S. Kerfoot, Conrad Kownslar, and Marshall
McCormick, incurred under clause three of section one of
article three of the constitution of Virginia, with reference
to duelling, be and the same are hereby removed.
2. This act shall be in force from its passage.