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 | 64 |
Subjects |
Law Body
Chap. 64.—An ACT authorizing the trustees of the Second Baptist
church, known as Byrne Street, in the city of Petersburg to sell and
purchase property, and to borrow money.
Approved February 4, 1882.
1. Be it enacted by the general assembly of Virginia. That
the trustees of the Second Baptist church, known as Byrne
Street. in the city of Petersburg, are hereby authorized to
sell any real estate heretofore e conveyed to them or their pre-
decessors, or which may be hereafter conveyed to them or
their successors as trustees for said church, and to reinvest
the proceed of such sale in other property; and such prop-
erty shall be held upon the same trust, and for the same pur-
joses and uses as the property sold was held upon.
2. Said trustees, or their successors, shall have power to
borrow money and execute deeds of trust on any property
held by them in trust, and to secure the same at a rate of
interest not exceeding ten per centum per annum.
3. This act shall be in force from its passage.
Chap. 64.—An ACT to amend and re-enact an act entitled an act t
amend and re-enact the first section of an act approved April 2, 1870
to district the state tor county judges, approved March 20, 1873.
Approved April 18, 1882.
1. Be it enacted by the general assembly, That the ac
entitled an act to amend and re-enact the first section of a1
act approved April second, eighteen hundred and seventy
to district the state for county judges, approved Marecl
twentieth, eighteen hundred and seventy-three, be amende
and re-enacted so as to read as follows:
§1. Be it enacted by the general assembly, That for eac’
of the following counties and districts there shall be on
county judge:
District No. 1, Accomac;
District No. 58, Patrick;
59, Pittsylvania;
60, Prince Edward;
61, Prince George and Surry;
62, Princess Anne;
63, Prince William;
64, Rappahannock ;
65, Roanoke;
66, Rockbridge ;
67, Rockingham;
68, Russell;
69, Scott;
70, Shenandoah;
71, Smyth;
72, Southampton;
73, Spotsylvania;
74, Tazewell;
75, Warren and Clarke;
76, Washington;
77, Westmoreland and Richmond;
78, Buchanan and Dickenson;
79, Wythe;
80, Essex;
81, Pulaski;
82, Wise.
2. All acts and parts of acts inconsistent with this act are
hereby repealed.
3. This act shall be in force from its passage.
Chap. 64.—An ACT to amend certain sections of an act in relation to
the deposits of foreign insurance companies.
Approved April 21, 1882.
1. Be it enacted by the general assembly, That sections
twenty-eight, twenty-nine, and thirty of chapter thirty-six
of the Code of eighteen hundred and seventy-three, as
amended by the act approved February twenty-seventh,
eighteen hundred and eighty, be amended and re-enacted 80
as to read as follows:
§ 28. No insurance company which has not been incorpo-
rated under the laws of the state of Virginia, shall carry on
its business in this state without first obtaining a license to
transact its business in the manner prescribed by law; and
no such company shall receive such license until it shall have
deposited with the treasurer of the state bonds of the state
of Virginia, bonds of the United States, or bonds of the
cities of Richmond, Petersburg, Lynchburg. Norfolk, Alex-
andria, or Danville, in amount equal to five per centum on
the capital stock of such company: provided that no com-
pany shall make a deposit of cash value less than ten thou-
sand dollars, nor shall any company be required to make
any such deposit of cash value above fifty thousand dollars; and
upon the face value of such deposits, the treasurer of the com-
monwealth shall be authorized to make an annual assessment
of one-tenth of one per centum, to be paid by him, collected
of the general agent of such company for the state of Vir-
ginia; or if there be no such general agent, then of any local
agent doing business for said company in the state, which
assessment shall be used by the treasurer to defray the ex-
penses of his office in the safe-keeping and handling such
securities; and after the payment of said expenses, whatever
remains shall be retained as a compensation to himself and
his clerks for their care and labor in connection with the
said securities; and the treasurer shall have power to call
upon any such insurance company to make good any reduc-
tion in the value of the securities deposited by it as afore-
said, so as to bring their true value up to the amount to be
deposited by it. tt shall be the duty of the treasurer to
examine all securities so deposited with him, in the month of
December of every year, for the purpose of ascertaining
whether any of them have become depreciated.
§ 29. Any such company desiring to carry on the business
of insurance, shall, by an agent employed to superintend or
manage its business in this state, deliver, under oath, to the
treasurer, a statement of the amount of the capital stock of
said company, and make with him a deposit of bonds as pre-
scribed in the preceding section; but no single bond so de-
osited shall excced in amount the sum of ten thousand dol-
ars; and the treasurer shall thereupon give the said agent a
receipt for the same, and upon the exhibition of said receipt
to a commissioner of the revenue or township, assessor of
the county or corporation in which an office of the said
company in this state is or is intended to be located, and
having paid the specific license tax which may be imposed
thereon, a license shall be issued in the manner provided by
law to said company to carry on its business; and if at the
end of the period for which a license is given, the said com-
pany shall desire another license, it shall only be given on
the certificate of the treasurer that the bonds required by
this act to be deposited with him, are in his possession.
§ 30. If the bonds deposited with the treasurer are regis-
tered bonds, the company shall, at the same time, deliver to
him a power of attorney, authorizing him to transfer the
said bonds, or any part of them, for the purpose of paying
any of the liabilities provided for in this act.
2. This act shall be in force from its passage.
Chap. 64.—An ACT authorizing the trustees of the Second Baptist
church, known as Byrne Street, in the city of Petersburg to sell and
purchase property, and to borrow money.
Approved February 4, 1882.
1. Be it enacted by the general assembly of Virginia. That
the trustees of the Second Baptist church, known as Byrne
Street. in the city of Petersburg, are hereby authorized to
sell any real estate heretofore e conveyed to them or their pre-
decessors, or which may be hereafter conveyed to them or
their successors as trustees for said church, and to reinvest
the proceed of such sale in other property; and such prop-
erty shall be held upon the same trust, and for the same pur-
joses and uses as the property sold was held upon.
2. Said trustees, or their successors, shall have power to
borrow money and execute deeds of trust on any property
held by them in trust, and to secure the same at a rate of
interest not exceeding ten per centum per annum.
3. This act shall be in force from its passage.
Chap. 64.—An ACT to amend and re-enact an act entitled an act t
amend and re-enact the first section of an act approved April 2, 1870
to district the state tor county judges, approved March 20, 1873.
Approved April 18, 1882.
1. Be it enacted by the general assembly, That the ac
entitled an act to amend and re-enact the first section of a1
act approved April second, eighteen hundred and seventy
to district the state for county judges, approved Marecl
twentieth, eighteen hundred and seventy-three, be amende
and re-enacted so as to read as follows:
§1. Be it enacted by the general assembly, That for eac’
of the following counties and districts there shall be on
county judge:
District No. 1, Accomac;
District No. 58, Patrick;
59, Pittsylvania;
60, Prince Edward;
61, Prince George and Surry;
62, Princess Anne;
63, Prince William;
64, Rappahannock ;
65, Roanoke;
66, Rockbridge ;
67, Rockingham;
68, Russell;
69, Scott;
70, Shenandoah;
71, Smyth;
72, Southampton;
73, Spotsylvania;
74, Tazewell;
75, Warren and Clarke;
76, Washington;
77, Westmoreland and Richmond;
78, Buchanan and Dickenson;
79, Wythe;
80, Essex;
81, Pulaski;
82, Wise.
2. All acts and parts of acts inconsistent with this act are
hereby repealed.
3. This act shall be in force from its passage.
Chap. 64.—An ACT to amend certain sections of an act in relation to
the deposits of foreign insurance companies.
Approved April 21, 1882.
1. Be it enacted by the general assembly, That sections
twenty-eight, twenty-nine, and thirty of chapter thirty-six
of the Code of eighteen hundred and seventy-three, as
amended by the act approved February twenty-seventh,
eighteen hundred and eighty, be amended and re-enacted 80
as to read as follows:
§ 28. No insurance company which has not been incorpo-
rated under the laws of the state of Virginia, shall carry on
its business in this state without first obtaining a license to
transact its business in the manner prescribed by law; and
no such company shall receive such license until it shall have
deposited with the treasurer of the state bonds of the state
of Virginia, bonds of the United States, or bonds of the
cities of Richmond, Petersburg, Lynchburg. Norfolk, Alex-
andria, or Danville, in amount equal to five per centum on
the capital stock of such company: provided that no com-
pany shall make a deposit of cash value less than ten thou-
sand dollars, nor shall any company be required to make
any such deposit of cash value above fifty thousand dollars; and
upon the face value of such deposits, the treasurer of the com-
monwealth shall be authorized to make an annual assessment
of one-tenth of one per centum, to be paid by him, collected
of the general agent of such company for the state of Vir-
ginia; or if there be no such general agent, then of any local
agent doing business for said company in the state, which
assessment shall be used by the treasurer to defray the ex-
penses of his office in the safe-keeping and handling such
securities; and after the payment of said expenses, whatever
remains shall be retained as a compensation to himself and
his clerks for their care and labor in connection with the
said securities; and the treasurer shall have power to call
upon any such insurance company to make good any reduc-
tion in the value of the securities deposited by it as afore-
said, so as to bring their true value up to the amount to be
deposited by it. tt shall be the duty of the treasurer to
examine all securities so deposited with him, in the month of
December of every year, for the purpose of ascertaining
whether any of them have become depreciated.
§ 29. Any such company desiring to carry on the business
of insurance, shall, by an agent employed to superintend or
manage its business in this state, deliver, under oath, to the
treasurer, a statement of the amount of the capital stock of
said company, and make with him a deposit of bonds as pre-
scribed in the preceding section; but no single bond so de-
osited shall excced in amount the sum of ten thousand dol-
ars; and the treasurer shall thereupon give the said agent a
receipt for the same, and upon the exhibition of said receipt
to a commissioner of the revenue or township, assessor of
the county or corporation in which an office of the said
company in this state is or is intended to be located, and
having paid the specific license tax which may be imposed
thereon, a license shall be issued in the manner provided by
law to said company to carry on its business; and if at the
end of the period for which a license is given, the said com-
pany shall desire another license, it shall only be given on
the certificate of the treasurer that the bonds required by
this act to be deposited with him, are in his possession.
§ 30. If the bonds deposited with the treasurer are regis-
tered bonds, the company shall, at the same time, deliver to
him a power of attorney, authorizing him to transfer the
said bonds, or any part of them, for the purpose of paying
any of the liabilities provided for in this act.
2. This act shall be in force from its passage.