Chap. 219.—An ACT to authorize the Virginia Central Railroad Company
to borrow Money,

Passed December 14, 1585.,

1. Beit enacted by the general assembly of Virginia, That
the president and directors of the Vi irginia Central railroad
be and they are hereby authorized and empowered to borrow
a sum of money, not to exceed three hundred thousand dol-
lars, upon such terms as shall seem expedient to them, to be
expended | in meeting Habilities incurred and to be incurred
in restoring their road and equipment to a proper condition.

2. It shall be lawful for the said board to pledge, as security
for the repayment of said loan, the property and net revenues
of the company; and for the purpose of facilitating the ob-
taining of such loan, so much of the licn now held by the
state on the property of the company as embraces their net
revenues, is hereby lifted, so far as such proposed loan is
concerned and until it is paid, and no further.

”

3. This act shall be in force from its passage.

Chap. 219.—An ACT to authorize the Virginia Central Railroad Company
to borrow Money,

Passed December 14, 1585.,

1. Beit enacted by the general assembly of Virginia, That
the president and directors of the Vi irginia Central railroad
be and they are hereby authorized and empowered to borrow
a sum of money, not to exceed three hundred thousand dol-
lars, upon such terms as shall seem expedient to them, to be
expended | in meeting Habilities incurred and to be incurred
in restoring their road and equipment to a proper condition.

2. It shall be lawful for the said board to pledge, as security
for the repayment of said loan, the property and net revenues
of the company; and for the purpose of facilitating the ob-
taining of such loan, so much of the licn now held by the
state on the property of the company as embraces their net
revenues, is hereby lifted, so far as such proposed loan is
concerned and until it is paid, and no further.

”

3. This act shall be in force from its passage.