Chap. 76.—An ACT to incorporate the Holy Neck lumber and trans-
portation company. °

Approved April 28, 1887.

1. Be it enacted by the general assembly of Virginia, That
Joseph G. McNeal, John A. Gum, D. L. Darden, Rost. Rawles,
Alfred L. Gray, and such other: persons as now or hereafter
may be associated with them, be and they are hereby consti-
tuted a body politic and corporate by the name and style of
the Holy Neck lumber and transportation company tor the
purpose of manufacturing lumber, cutting wood and railroad
ties, and buying, selling, “and otherwise operating in same;
and for the purpose of transporting lumber, wood, railro ad
tics, merchandise and produce.

2. That the said company shall have all the powers, rights,
privileges, and franchises necessary and proper to acquire,
locate, and construct and maintain a railroad or tramway,
including the right to acquire land necessary for the estab-
lishment of the same as provided by chapter fifty-six of the
Code of Virginia of eighteen hundred and seventy-three, for
the purpose “of tr ansporting passengers, lumber, wood, rail-
road ties, and such produce and merchandise asm: ay be
brought to them tor transportation from some point near the
North Carolina line. at or near Somerton ereek, in Nanse-
mond county, to Carrsville, a village in Isle of Wight county,
Virginia, with the privilege of constructing branch roads,
none of which shall exceed ten miles in length.

3. That the said company shall have power to acquire,
bold, and employ such machinery and appliances as their
business may require, and may purchase and hold such land,
timber, and personal property as may be necessary for the
successful operation of said business.

4, That the capital of said company shall not be less than
five nor more than fifty thousand dollars, to be divided into
shares of ten dollars each.

do. That the said company shall be and is invested with and
possessed of all the powers conferred upon such companies
by the general laws of this State, and is subject to all the
restrictions of the same not inconsistent with this act.

6. That the said company shall pay all taxes accruing
against it in currency, and not in coupons, and this charter is
granted upon that condition.

7. This act shall be in torce from its passage.