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 | 263 |
Subjects |
Law Body
Chap. 263.—An ACT to incorporate the New River and Southwest
Virginia Mining and Manufacturing Company.
Approved March 6, 1882.
1. Be it enacted by the general assembly of Virginia, That
W. W. Lobdell, of Wilmington, Delaware; Robert E. Withers,
John T. Hamlett, Jobn H. Fulton, James H. McGavock,
James A. Walker, G. C. Wharton, and J. B. Gifford, of Vir-
ginia, and such other persons as may be bereafter associated
with them, shall be and are hereby incorporated and made a
body politic and corporate, by the name and style of the
New River and Southwest Virginia Mining and Manufactur-
ing Company, for the purpose of mining coal, iron, manga-
nese, lead, zinc, copper, and other ores, earths and minerals,
transporting and selling the same, and of working, milling,
smelting, and otherwise converting the same into coke, pig-
metal, bar iron, steel, and all other forms and uses for whic
such ores, earths, minerals, and metals are used, and also for
the purpose of erecting furnaces, forges, foundaries, rolling
mill steel works, and of manufacturing iron, manganese,
lead, zinc, copper, and other ores, earths, minerals, and
metals in all the various branches and uses for which said
ores, earths, minerals, and metals, and their products are
used, and to transport and sell the same; and they are hereb
invested with all rights and privileges, and subject to all
the rules, regulations, and restrictions consistent with this
act contained in the Code of Virginia in relation to such cor-
porations.
2. The capital stock of said company shall not be less than
mne hundred thousand dollars nor more than five millions, to
be divided into shares of one hundred dollars each.
3. That said company shall have the right to acquire,
hold, use, possess, and enjoy by purchase, lease, gift, devise,
trust, or other legal means, estate, rea], personal, and mixed ;
and the same may sell, alien, grant, lease, and convey, 80
that the lands held by them, in fee or otherwise, shall not
exceed, at one time, one hundred thousand acres; and the
company shall have power to make and use a common seal,
and the same to change at will, and to have all such other
and further powers, rights, privileges, as are necessary and
proper for them to have and possess as an incorporated
company, subject to the restrictions in the first section of
this act.
4, That said company shall have power to operate and
work in any of the counties of this commonwealth, and that
any of the corporators may put into the capital stock of
said company any lands owned by them in any of said coun-
ties, to be held in fee simple of said company.
5. The said company may, for the purpose of transporting
the productions of their mines and manufactures, construct,
maintain, and operate railroads or tramways or other roads
from their works or mines, or any of them, to the nearest
line of railroad by the most practicable route, and to acquire
the right of way by gift, purchase, lease, or condemnation,
as provided by law.
6. That William W. Lobdell, R. E. Withers, and John S.
Hamlett are hereby appointed and made commissioners, and
they, or either of them, may act at such times and places as
they deem expedient, to open books of subscription to the
capital stock of said company, money, leases, or mineral
rights on lands, buildings, fixtures, machinery, equipments,
or such other property, as they may deem wise, expedient,
or necessary to acquire for the purposes of said company,
and the same shall become part of the stock of said com-
pany; and when one hundred thousand dollars shall have
een subscribed, put in, or acquired, as aforesaid, the com-
pany may organize under this charter by appointing five or
more directors, one of whom shall be chosen president.
7. That said company shall be authorized and empowered
to borrow a sum of money not exceeding two hundred and
fifty thousand dollars, and to secure the money so borrowed.
The said company is hereby authorized to issue coupon or
registered bonds, in such sums as the directors may deem
best, and to secure the payment of the moneys so borrowed.
The president and directors of said company are hereby
authorized and empowered to execute a lien on al] the prop-
erty, rights, and franchises of said company, or any part
thereof, existing at the time of the execution of such lien,
and which may thereafter be acquired by said company, and
said company may sell their said lands at less than par.
8. That the president and directors of said company may
enact such by-laws and regulations for the management of
the affairs of said company as they may deem expedient, the
same being consistent with the constitution and laws of the
state and the United States.
9. That the shares of said company shall be deemed per-
sonal property, and assignable as such on the books of the
said company, under such rules and regulations as may be
prescribed by the directors, who shall have power from time
t2 time to increase the capital stock of the said company, so
that it shall not exceed five million dollars as aforesaid.
10. The directors, when elected, shall have power to desig-
nate the place or places where the office or offices of said
company shall be located. |
11. In all general meetings of the stockholders, each stock-
holder shall have as many votes as he has shares, and absent
stockholders may be represented by proxy.
12. This act shall be in force from its passage.
Chap. 263.—An ACT to incorporate the New River and Southwest
Virginia Mining and Manufacturing Company.
Approved March 6, 1882.
1. Be it enacted by the general assembly of Virginia, That
W. W. Lobdell, of Wilmington, Delaware; Robert E. Withers,
John T. Hamlett, Jobn H. Fulton, James H. McGavock,
James A. Walker, G. C. Wharton, and J. B. Gifford, of Vir-
ginia, and such other persons as may be bereafter associated
with them, shall be and are hereby incorporated and made a
body politic and corporate, by the name and style of the
New River and Southwest Virginia Mining and Manufactur-
ing Company, for the purpose of mining coal, iron, manga-
nese, lead, zinc, copper, and other ores, earths and minerals,
transporting and selling the same, and of working, milling,
smelting, and otherwise converting the same into coke, pig-
metal, bar iron, steel, and all other forms and uses for whic
such ores, earths, minerals, and metals are used, and also for
the purpose of erecting furnaces, forges, foundaries, rolling
mill steel works, and of manufacturing iron, manganese,
lead, zinc, copper, and other ores, earths, minerals, and
metals in all the various branches and uses for which said
ores, earths, minerals, and metals, and their products are
used, and to transport and sell the same; and they are hereb
invested with all rights and privileges, and subject to all
the rules, regulations, and restrictions consistent with this
act contained in the Code of Virginia in relation to such cor-
porations.
2. The capital stock of said company shall not be less than
mne hundred thousand dollars nor more than five millions, to
be divided into shares of one hundred dollars each.
3. That said company shall have the right to acquire,
hold, use, possess, and enjoy by purchase, lease, gift, devise,
trust, or other legal means, estate, rea], personal, and mixed ;
and the same may sell, alien, grant, lease, and convey, 80
that the lands held by them, in fee or otherwise, shall not
exceed, at one time, one hundred thousand acres; and the
company shall have power to make and use a common seal,
and the same to change at will, and to have all such other
and further powers, rights, privileges, as are necessary and
proper for them to have and possess as an incorporated
company, subject to the restrictions in the first section of
this act.
4, That said company shall have power to operate and
work in any of the counties of this commonwealth, and that
any of the corporators may put into the capital stock of
said company any lands owned by them in any of said coun-
ties, to be held in fee simple of said company.
5. The said company may, for the purpose of transporting
the productions of their mines and manufactures, construct,
maintain, and operate railroads or tramways or other roads
from their works or mines, or any of them, to the nearest
line of railroad by the most practicable route, and to acquire
the right of way by gift, purchase, lease, or condemnation,
as provided by law.
6. That William W. Lobdell, R. E. Withers, and John S.
Hamlett are hereby appointed and made commissioners, and
they, or either of them, may act at such times and places as
they deem expedient, to open books of subscription to the
capital stock of said company, money, leases, or mineral
rights on lands, buildings, fixtures, machinery, equipments,
or such other property, as they may deem wise, expedient,
or necessary to acquire for the purposes of said company,
and the same shall become part of the stock of said com-
pany; and when one hundred thousand dollars shall have
een subscribed, put in, or acquired, as aforesaid, the com-
pany may organize under this charter by appointing five or
more directors, one of whom shall be chosen president.
7. That said company shall be authorized and empowered
to borrow a sum of money not exceeding two hundred and
fifty thousand dollars, and to secure the money so borrowed.
The said company is hereby authorized to issue coupon or
registered bonds, in such sums as the directors may deem
best, and to secure the payment of the moneys so borrowed.
The president and directors of said company are hereby
authorized and empowered to execute a lien on al] the prop-
erty, rights, and franchises of said company, or any part
thereof, existing at the time of the execution of such lien,
and which may thereafter be acquired by said company, and
said company may sell their said lands at less than par.
8. That the president and directors of said company may
enact such by-laws and regulations for the management of
the affairs of said company as they may deem expedient, the
same being consistent with the constitution and laws of the
state and the United States.
9. That the shares of said company shall be deemed per-
sonal property, and assignable as such on the books of the
said company, under such rules and regulations as may be
prescribed by the directors, who shall have power from time
t2 time to increase the capital stock of the said company, so
that it shall not exceed five million dollars as aforesaid.
10. The directors, when elected, shall have power to desig-
nate the place or places where the office or offices of said
company shall be located. |
11. In all general meetings of the stockholders, each stock-
holder shall have as many votes as he has shares, and absent
stockholders may be represented by proxy.
12. This act shall be in force from its passage.