Chap. 48.—An ACT to incorporate the Virginia Cotton Compress and
‘Warehouse Company.

Approved January 28, 1882.

1. Be it enacted by the general assembly of Virginia, That

_James L.. Harway, V. D. Groner, and William H. White, their

y

associates and successors, be and are hereby created a body
politic and corporate, under the name of The Virginia Cotton
Compress and Warehouse Company, and by that name and
style shall have perpetual succession; may sue and be sued,
contract and be contracted with, plead and be impleaded.
have a common seal and change the same at pleasure, and
shall have all the rights and privileges of a corporation, and
be subject to all the rules, regulations, and restrictions imposed
by the laws of Virginia in relation to joint stock companies,
so far as they are applicable to, and not inconsistent with the
provisions of this act.

2. The capital stock of this company shall not be less than
fifty thousand dollars nor more than one hundred and fifty
thousand dollars, divided into shares of one hundred dollars
each, and each share shall be entitled to one vote. The
amount of stock to be issued, within the limits aforesaid,
shall be determined by a vote of the stockholders at annual
or special meetings lawfully convened. As soon as the afore-
said minimum sum of fifty thousand dollars shall have been
subscribed, the corporation may be organized; and whenever
the stockholders determine to increase the amount of cap-
ital stock, they may proceed to take subscriptions to such
additional stock, either by opening books of subscription in
the manner prescribed by the general law, or by private sub-
scription, or in any other manner or on any other terms
that may be deemed best by the said stockholders.

3. The objects of this corporation are to compress cotton,
hay, or other material, to warehouse and stevedore the same.

4, The place of business of this corporation shall be in the
city or county of Norfolk, Virginia; but it shall have power
to make and enforce contracts anywhere within or without
this state, unless forbidden by local law.

5. The said corporation may acquire and hold real estate,
not to exceed one hundred acres in amount, and may sell or
alien the same, or charge the same with its debts, or incur
debts upon the security of the same, in any manner and for
any purpose that a natural person might; but this shall not
be construed to prevent the said corporation from buying or
Chap. 48.—An ACT to authorize the Methodist Episcopal church,
South, in Buckingham county, to sell and convey certain church

property.

Approved April 14, 1882.

1. Be it enacted by the general assembly, That S. W.
Brown, John M. Toney, G. P. Agee, A. B. Harris, and John
EK. West, or their legal successors, trustees of the parsonage
and the land thereto attached, properly belonging to the
Methodist Episcopal church, south, in Buckingham county,
Virginia, be hereby authorized and empowered to sell, either

rivately or at public auction, the said parsonage and land

longing thereto, and to convey the same, by proper deed,
to the purchaser or purchasers thereof; the proceeds of said
sale, after paying whatever may be due for repairs hereto-
fore made to said property, to be applied to the purchase of
other property for the use and benefit of said church.

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

Chap. 48.—An ACT to incorporate the Virginia Cotton Compress and
‘Warehouse Company.

Approved January 28, 1882.

1. Be it enacted by the general assembly of Virginia, That

_James L.. Harway, V. D. Groner, and William H. White, their

y

associates and successors, be and are hereby created a body
politic and corporate, under the name of The Virginia Cotton
Compress and Warehouse Company, and by that name and
style shall have perpetual succession; may sue and be sued,
contract and be contracted with, plead and be impleaded.
have a common seal and change the same at pleasure, and
shall have all the rights and privileges of a corporation, and
be subject to all the rules, regulations, and restrictions imposed
by the laws of Virginia in relation to joint stock companies,
so far as they are applicable to, and not inconsistent with the
provisions of this act.

2. The capital stock of this company shall not be less than
fifty thousand dollars nor more than one hundred and fifty
thousand dollars, divided into shares of one hundred dollars
each, and each share shall be entitled to one vote. The
amount of stock to be issued, within the limits aforesaid,
shall be determined by a vote of the stockholders at annual
or special meetings lawfully convened. As soon as the afore-
said minimum sum of fifty thousand dollars shall have been
subscribed, the corporation may be organized; and whenever
the stockholders determine to increase the amount of cap-
ital stock, they may proceed to take subscriptions to such
additional stock, either by opening books of subscription in
the manner prescribed by the general law, or by private sub-
scription, or in any other manner or on any other terms
that may be deemed best by the said stockholders.

3. The objects of this corporation are to compress cotton,
hay, or other material, to warehouse and stevedore the same.

4, The place of business of this corporation shall be in the
city or county of Norfolk, Virginia; but it shall have power
to make and enforce contracts anywhere within or without
this state, unless forbidden by local law.

5. The said corporation may acquire and hold real estate,
not to exceed one hundred acres in amount, and may sell or
alien the same, or charge the same with its debts, or incur
debts upon the security of the same, in any manner and for
any purpose that a natural person might; but this shall not
be construed to prevent the said corporation from buying or
Chap. 48.—An ACT to authorize the Methodist Episcopal church,
South, in Buckingham county, to sell and convey certain church

property.

Approved April 14, 1882.

1. Be it enacted by the general assembly, That S. W.
Brown, John M. Toney, G. P. Agee, A. B. Harris, and John
EK. West, or their legal successors, trustees of the parsonage
and the land thereto attached, properly belonging to the
Methodist Episcopal church, south, in Buckingham county,
Virginia, be hereby authorized and empowered to sell, either

rivately or at public auction, the said parsonage and land

longing thereto, and to convey the same, by proper deed,
to the purchaser or purchasers thereof; the proceeds of said
sale, after paying whatever may be due for repairs hereto-
fore made to said property, to be applied to the purchase of
other property for the use and benefit of said church.

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