Chap. 15.—An ACT to incorporate the Union cotton mills of Rich-
mond, Virginia.

Approved April 7, 1882.

1. Be it enacted by the general assembly of Virginia, That
A. Y. Stokes, Isaac Davenport, junior, A. S. Buford, J. Tur-
ner Morehead, P. T. George, David N. Walker, James H.
Blair, A. L. Ellett, C. C. Baldwin, Joseph S. Hopkins, W. J.
Johnson, Moses Milbiser, Fred R. Scott, W. A. James, M.
Rosenbaum, Byrd Warwick, John P. Branch, E. A. Saunders,
Richard L. Brown, Thomas Potts, L. L. Bass, T. William
Pemberton, William C. Seddon, A. Judson Watkins, D. O.
Davis, W. E. Dibrell, C. W. Branch, C. McCallock Beecher,
John L. Cadwalader, George C. Clark, William A. Baldwin,
junior, James G. Blaine, W. D. Kelley, Philip Cook, Washing-
ton McLean, H. C. Parsons, Walter B. Brooks, Peter C. War-
wick, William P. Burwell, Charles H. Simpson, David A.
Ainslie, T: C. Williams, and their associates, are hereby incor-
porated and made a body politic and corporate by the name
and style of The Union Cotton Mills of Richmond, Virginia.

2. The capital of the said company shall be two million
dollars, if so much be necessary, divided into shares of fifty
dollars each.

3. The parties above named shall be commissioned to receive
subscriptions to the said stock, but any three of them may
act; and as soon as the sum of one hundred thousand dollars
shall have been subscribed in the manner provided in the
first section of chapter fifty-seven of the Code of Virginia,
the said company shall proceed to organize itself by the
appointment of a president, vice-president, and eleven other
directors of the said company, any three of whom shall con-
stitute a quorum for business.

4. If the company shall be organized before the whole of
its capital stock is subscribed, the president and directors
may, from time to time, sell additional stock, as they may
find it necessary or expedient to do so, until the whole capi-
tal is obtained, unless the stockholders, in general meeting
shall otherwise direct, and order books of subscription to be
again opened.

5. The stockholders in said company shall not be liable,
individually, for the debts of said company.

6. The business of the company shall be the manufacture
of cotton, woolen, silk, jute, flax, hemp, straw paper, wood,
and other ‘fabrics, and such other things or articles as the
stockholders may, in general meeting, determine, which it
may sell by wholesale or retail.

7. The said company may purchase and hold as much real
estate, not exceeding two thousand acres, and other property
as it may deem necessary for its business; and it may pay
for the same in its stock, at its par value, if the owner is
willing to accept the same, or in money; and may erect and
construct such machinery, mills, and other buildings as may
be useful for that purpose; and may improve, lease, sell, and
convey, as other proprietors of real and personal estate may
Jawfully do; and shall have authority to purchase or sub-
scribe to the stock of any other company.

8. In all respects not herein provided for, the said company
shall have all the rights, powers, and privileges conferred by
chapters fifty-six and fifty-seven of the Code of Virginia, and
be subject to all the limitations imposed by these chapters,
except so far as they may be in conflict with this act.

9. This act shall be in force from its passage, and shall
be subject to amendment, alteration, or modification at the
pleasure of the general assembly.
Chap. 15.—An ACT to incorporate the Union cotton mills of Rich-
mond, Virginia.

Approved April 7, 1882.

1. Be it enacted by the general assembly of Virginia, That
A. Y. Stokes, Isaac Davenport, junior, A. S. Buford, J. Tur-
ner Morehead, P. T. George, David N. Walker, James H.
Blair, A. L. Ellett, C. C. Baldwin, Joseph S. Hopkins, W. J.
Johnson, Moses Milbiser, Fred R. Scott, W. A. James, M.
Rosenbaum, Byrd Warwick, John P. Branch, E. A. Saunders,
Richard L. Brown, Thomas Potts, L. L. Bass, T. William
Pemberton, William C. Seddon, A. Judson Watkins, D. O.
Davis, W. E. Dibrell, C. W. Branch, C. McCallock Beecher,
John L. Cadwalader, George C. Clark, William A. Baldwin,
junior, James G. Blaine, W. D. Kelley, Philip Cook, Washing-
ton McLean, H. C. Parsons, Walter B. Brooks, Peter C. War-
wick, William P. Burwell, Charles H. Simpson, David A.
Ainslie, T: C. Williams, and their associates, are hereby incor-
porated and made a body politic and corporate by the name
and style of The Union Cotton Mills of Richmond, Virginia.

2. The capital of the said company shall be two million
dollars, if so much be necessary, divided into shares of fifty
dollars each.

3. The parties above named shall be commissioned to receive
subscriptions to the said stock, but any three of them may
act; and as soon as the sum of one hundred thousand dollars
shall have been subscribed in the manner provided in the
first section of chapter fifty-seven of the Code of Virginia,
the said company shall proceed to organize itself by the
appointment of a president, vice-president, and eleven other
directors of the said company, any three of whom shall con-
stitute a quorum for business.

4. If the company shall be organized before the whole of
its capital stock is subscribed, the president and directors
may, from time to time, sell additional stock, as they may
find it necessary or expedient to do so, until the whole capi-
tal is obtained, unless the stockholders, in general meeting
shall otherwise direct, and order books of subscription to be
again opened.

5. The stockholders in said company shall not be liable,
individually, for the debts of said company.

6. The business of the company shall be the manufacture
of cotton, woolen, silk, jute, flax, hemp, straw paper, wood,
and other ‘fabrics, and such other things or articles as the
stockholders may, in general meeting, determine, which it
may sell by wholesale or retail.

7. The said company may purchase and hold as much real
estate, not exceeding two thousand acres, and other property
as it may deem necessary for its business; and it may pay
for the same in its stock, at its par value, if the owner is
willing to accept the same, or in money; and may erect and
construct such machinery, mills, and other buildings as may
be useful for that purpose; and may improve, lease, sell, and
convey, as other proprietors of real and personal estate may
Jawfully do; and shall have authority to purchase or sub-
scribe to the stock of any other company.

8. In all respects not herein provided for, the said company
shall have all the rights, powers, and privileges conferred by
chapters fifty-six and fifty-seven of the Code of Virginia, and
be subject to all the limitations imposed by these chapters,
except so far as they may be in conflict with this act.

9. This act shall be in force from its passage, and shall
be subject to amendment, alteration, or modification at the
pleasure of the general assembly.