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 | 1887/1888 |
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Law Number | 249 |
Subjects |
Law Body
Chap. 249.—An ACT to amend and re-enact section 6 of chapter 323
of the Acts of the general assembly of Virginia for 1887, and enti-
tled an act to incorporate the Danville and Seaboard railroad com-
pany.
Approved February 24, 1888.
1. Be it enacted by the general assembly of Virginia, That
section six of an act entitled an act to incorporate the Dan-
ville and Seaboard railroad company, approved twentieth
May, eighteen hundred and eighty-seven, be amended and
re-enacted so as to read as follows:
§6. The said company 1s authorized and empowered to
locate, construct, equip, and operate any lateral or branch
roads or tramways, not exceeding fifty miles each in length,
which a majority of its stockholders may determine to con-
struct, maintain, equip, and operate, and by such route as
may be determined by its board of directors; and the said
company may connect or unite its said road with that of any
other company or companies, or consolidate or merge its
stock, property, and franchises with those of any other com-
pany or companies, operating or authorized to operate a con-
necting line of railroad, upon such terms and under such
name as may be agreed upon between the companies so uni-
ting or connecting, merging, or consolidating; and for that
purpose, power is hereby given to it and to such other com-
pany or companies to make and carry out such contracts as
will facilitate and consummate such connection, merger, or
consolidation; and no such. connection, merger, or consolida-
tion, as herein provided for, shall be construed to operate a
forfeiture, or in any way invalidate any subscription to the
capital stock of said company voted or agreed upon, but not
actually made before such consolidation, and said company
shall have the right to claim any and all such subscriptions
under its name agreed upon in the consolidation, as fully as
if no such consolidation had been made: provided that a copy
of every such contract of consolidation and merger be filed
in the office of the board of public works.
2. This act shall be in force from its passage.