Chap. 184.—An ACT to incerporate the Virginia and North Carolina
Land, Emigration and Colonization Society,

Passed February 8, 1866.

1. Be it enacted by the general assembly of Virginia, That
William Mahone, George “Blow, junior, Gilbert C. Walker,
Kader Biggs, Samuel NM. W ilson, James ki. Barry, E. C.
Lindsey, G. W. Camp, W. W. Wing, E. C. Robinson, George
Sangster, G. W. Grice, Marshall Parks, Henry Kimberly,
Samuel R. Borum, J. W. Hinton and James Y. Leigh, and
others who may associate under this act, are hereby created
and declared to be a body politic and corporate, by the name
and style of The Virginia and North Carolina Land, Immi-
gration and Colonization Soci ety; and by that name, may
sue and be sued, implead and be impleaded in all courts of law
and equity in this state; to make and have a common seal,
and to alter and amend the same at pleasure; to ordain and
establish such by-laws, ordinances and regulations, and gene-
rally to do every act and thing necessary to carry into ettect
this act, or to promote the object and design of this corpo-
ration, not inconsistent with the laws of this commonwealth.

2. To establish agencies in Europe or elsewhere, tor the
purpose of encouraging, assisting and transporting emigrants
and settlers to Virginia, North Carolina, or wherever they
may be disposed to locate within the limits of the United
States.

3. ‘To establish or control one or more lines of steamers
or sailing vessels trom Norfolk to one or more ports in Eu-
rope or elsew here, if such should be found conducive to the
objects of this corporation.

4, ‘Vo contract tor, purcpase and hold lands located in the
states of Virginia and North Carolina, for the purpose of
settlement and colonization, at no one time exceeding in
amount twenty-five thousand acres in either state. with power
to sell or lease the same to actual settlers, and all such other
lands as may come under their control, by lease or consign-
ment, by the owners thereof for the purpose of sale or set-
tlement. but at the expiration of ten years trom the passage
of this act, the said company shall not be allowed to purchase
or hold any other lands or other real estate, except such as
may he acquired under the fitth seetion of this act, until the
quantity then held by the said company shall be reduced be-
low the quantity of ten thousand acres, which shall be dis-
posed of within fifteen years trom the date of this act; and
thereafter the said company shall not, at any one time, pur-
chase or hold more than ten thousand acres of land, or other
rea estate.

‘The preceding section shall not prevent the said com-
pany from purchasing or otherwise acquiring land or other
real property, over and above the quantity of twenty-five
thousand acres, in satisfaction of any order, judyment or de-
cree, or as collateral security for, or in payment of any debt,
or from purchasing at any sale made tor its benefit.

6. ‘To make insurances upon vessels, freigbts, leases, mer-
chandise, specie, bullion. profits or Gominisaions, and all inte-
rests or property of emigrants or settlers coming to this
country, or remitting funds or property to Europe or else-
where, and to enjoy ‘and exercise all the powers, privileges,
immunities and profits granted by law to express companies:
in the care and safe transmission of the money and effects
of all persons placing themselves or their property under
the control of this corporation.
7. To receive money on deposit, and grant certificates
therefor, and to draw, sell, buy or negotiate bills of exchange,
in accordance with the conditions set forth in sections four,
five and six, chapter fifty-nine of the Code of Virginia; and
to enforce, according to the laws of this state, all contracts
and obligations made and entered into with emigrants, for all
advances made, or expenses incurred for passave or supplies,
according to the legal tenor and effect thereot.

& The capital stock of this company shall not be less than
one hundred thousand dollars, and shall consist of five thou-
sand shares, at twenty dollars per share, but may be increased,
at the will of the company. to an amount not to exceed one
million of dollars, by the issue of a corresponding number of
shares, at twenty dollars per share.

9. The chiet office of the company shall be located in the
city of Norfolk, and its officers shall consist of one president,
thirteen vice-presidents, a corresponding secretary, treasurer,
solicitor, surgeon and superintendent of hospitals, and thir-
teen directors. subject to the control of the company.

10. The executive committee shall consist of the president,
secretary. treasurer and solicitor, and such other members or
stockholders as may be added by the board of directors ;
and when the board of directors are not in session, may
exercise all the powers vested in the company, except as shall
be otherwise provided by the board of directors in the by-
laws of the company, any five of whom may constitute a
board to do business.

11. The directors shall have power to declare such divi-
dends of the profits of the company as they may deem pro-
per, and to make all such needful by-laws and regulations for
the conduct and management of the company as may be
consistent with its objects and the provisions of this charter.

12. A general meeting of the stockholders shall be called
by the corporators hereinbefore named, or a majority of
them, so soon as one-half the capital stock shall have been
subscribed, or an amount obtained equivalent thereto, and
annually thereafter, at such time and place as the stockholders
in general meeting may direct.

13. It may be held at any time, upon the call of the board
of directors, or the stockholders holding one-tenth of the
stock, upon their giving notice of the time and place of
meeting for ten days, in the newspapers published in or near
the place at which the last meeting was held.

14. To constitute a meeting of stockholders, there shall be
represented, in person or by proxy, one-third of all the votes
which could be given by the stockholders. On failure of a
sufficient number in attendance to constitute a meeting, those
who do attend may adjourn from time to time until a meet-
ing shall be regularly constituted.

15. In a meeting of stockholders, each stockholder may,
by person or proxy, give one vote on each share.

16. Books of subscription, under the auspices of the cor-

orators herein naméd, shall be opened in Norfolk, Richmond,
Petersburg, Lynchburg, Staunton, Wytheville, Charlottes.
ville and Eastville; and in Raleigh, Elizabeth City, Edenton,
Charlotte, Greensboro’ and Wilmington, North Carolina;
and wherever the corporators shall deem expedient within
the limits of the two states; and who are hereby invested as
temporary directors until a general meeting of the stock-
holders is held for permanent organization, with powers to
do all proper and rightful acts for carrying into effect the
object and purposes of this charter.

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

Chap. 184.—An ACT to incerporate the Virginia and North Carolina
Land, Emigration and Colonization Society,

Passed February 8, 1866.

1. Be it enacted by the general assembly of Virginia, That
William Mahone, George “Blow, junior, Gilbert C. Walker,
Kader Biggs, Samuel NM. W ilson, James ki. Barry, E. C.
Lindsey, G. W. Camp, W. W. Wing, E. C. Robinson, George
Sangster, G. W. Grice, Marshall Parks, Henry Kimberly,
Samuel R. Borum, J. W. Hinton and James Y. Leigh, and
others who may associate under this act, are hereby created
and declared to be a body politic and corporate, by the name
and style of The Virginia and North Carolina Land, Immi-
gration and Colonization Soci ety; and by that name, may
sue and be sued, implead and be impleaded in all courts of law
and equity in this state; to make and have a common seal,
and to alter and amend the same at pleasure; to ordain and
establish such by-laws, ordinances and regulations, and gene-
rally to do every act and thing necessary to carry into ettect
this act, or to promote the object and design of this corpo-
ration, not inconsistent with the laws of this commonwealth.

2. To establish agencies in Europe or elsewhere, tor the
purpose of encouraging, assisting and transporting emigrants
and settlers to Virginia, North Carolina, or wherever they
may be disposed to locate within the limits of the United
States.

3. ‘To establish or control one or more lines of steamers
or sailing vessels trom Norfolk to one or more ports in Eu-
rope or elsew here, if such should be found conducive to the
objects of this corporation.

4, ‘Vo contract tor, purcpase and hold lands located in the
states of Virginia and North Carolina, for the purpose of
settlement and colonization, at no one time exceeding in
amount twenty-five thousand acres in either state. with power
to sell or lease the same to actual settlers, and all such other
lands as may come under their control, by lease or consign-
ment, by the owners thereof for the purpose of sale or set-
tlement. but at the expiration of ten years trom the passage
of this act, the said company shall not be allowed to purchase
or hold any other lands or other real estate, except such as
may he acquired under the fitth seetion of this act, until the
quantity then held by the said company shall be reduced be-
low the quantity of ten thousand acres, which shall be dis-
posed of within fifteen years trom the date of this act; and
thereafter the said company shall not, at any one time, pur-
chase or hold more than ten thousand acres of land, or other
rea estate.

‘The preceding section shall not prevent the said com-
pany from purchasing or otherwise acquiring land or other
real property, over and above the quantity of twenty-five
thousand acres, in satisfaction of any order, judyment or de-
cree, or as collateral security for, or in payment of any debt,
or from purchasing at any sale made tor its benefit.

6. ‘To make insurances upon vessels, freigbts, leases, mer-
chandise, specie, bullion. profits or Gominisaions, and all inte-
rests or property of emigrants or settlers coming to this
country, or remitting funds or property to Europe or else-
where, and to enjoy ‘and exercise all the powers, privileges,
immunities and profits granted by law to express companies:
in the care and safe transmission of the money and effects
of all persons placing themselves or their property under
the control of this corporation.
7. To receive money on deposit, and grant certificates
therefor, and to draw, sell, buy or negotiate bills of exchange,
in accordance with the conditions set forth in sections four,
five and six, chapter fifty-nine of the Code of Virginia; and
to enforce, according to the laws of this state, all contracts
and obligations made and entered into with emigrants, for all
advances made, or expenses incurred for passave or supplies,
according to the legal tenor and effect thereot.

& The capital stock of this company shall not be less than
one hundred thousand dollars, and shall consist of five thou-
sand shares, at twenty dollars per share, but may be increased,
at the will of the company. to an amount not to exceed one
million of dollars, by the issue of a corresponding number of
shares, at twenty dollars per share.

9. The chiet office of the company shall be located in the
city of Norfolk, and its officers shall consist of one president,
thirteen vice-presidents, a corresponding secretary, treasurer,
solicitor, surgeon and superintendent of hospitals, and thir-
teen directors. subject to the control of the company.

10. The executive committee shall consist of the president,
secretary. treasurer and solicitor, and such other members or
stockholders as may be added by the board of directors ;
and when the board of directors are not in session, may
exercise all the powers vested in the company, except as shall
be otherwise provided by the board of directors in the by-
laws of the company, any five of whom may constitute a
board to do business.

11. The directors shall have power to declare such divi-
dends of the profits of the company as they may deem pro-
per, and to make all such needful by-laws and regulations for
the conduct and management of the company as may be
consistent with its objects and the provisions of this charter.

12. A general meeting of the stockholders shall be called
by the corporators hereinbefore named, or a majority of
them, so soon as one-half the capital stock shall have been
subscribed, or an amount obtained equivalent thereto, and
annually thereafter, at such time and place as the stockholders
in general meeting may direct.

13. It may be held at any time, upon the call of the board
of directors, or the stockholders holding one-tenth of the
stock, upon their giving notice of the time and place of
meeting for ten days, in the newspapers published in or near
the place at which the last meeting was held.

14. To constitute a meeting of stockholders, there shall be
represented, in person or by proxy, one-third of all the votes
which could be given by the stockholders. On failure of a
sufficient number in attendance to constitute a meeting, those
who do attend may adjourn from time to time until a meet-
ing shall be regularly constituted.

15. In a meeting of stockholders, each stockholder may,
by person or proxy, give one vote on each share.

16. Books of subscription, under the auspices of the cor-

orators herein naméd, shall be opened in Norfolk, Richmond,
Petersburg, Lynchburg, Staunton, Wytheville, Charlottes.
ville and Eastville; and in Raleigh, Elizabeth City, Edenton,
Charlotte, Greensboro’ and Wilmington, North Carolina;
and wherever the corporators shall deem expedient within
the limits of the two states; and who are hereby invested as
temporary directors until a general meeting of the stock-
holders is held for permanent organization, with powers to
do all proper and rightful acts for carrying into effect the
object and purposes of this charter.

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