Chap. 228.—An ACT to incorporate the Prince William Mining and
Manufacturing Company,

Passed February 15, 1866.

1. Be it enacted by the general assembly of Virginia, That
Robert A. Sinclair, Aylett ‘Nic hol, James Stewart ‘and James
A. Stoutenbrugh, and such other persons as may hereatter
be associated with them, be and they are hereby created a
corporate and body politic, by the name and style of The
Prince William Mining and Manutacturing Company; for
the purpose of mining and manufacturing gold, silver, copper,
and other mineral substances in the county of Prince Wil-
liam; and by that name, may sue and be sued, answer and
defend in any court of law or equity; and may ordain and
establish such by-laws, rules and regulations as shall appear
necessary for conducting the concerns of said corporation,
not contrary to the laws of this state or of the United States;
and the same to change, alter and amend, as may appear
proper; and may make, have and use, and at pleasure change
or renew the common seal; and generally may do any act or
thing necessary to carry into ettect the provisions of this act,
and to promote the design of the corporation: and said com-
pany shall be entitled to all the rights and privileges con-
ferred, and made subject to all the rules, regulations and
restrictions imposed by the Code of Virginia, and Jaws
amendatory thereof, in relation to mining and manufacturing
companies, except when inconsistent , with the provisions of
this act.

2. And be it enacted, That said corporation be and is
hereby empowered to procure, by mining therefor or other-
wise, gold, silver, copper, and other metallic ores, and to
smelt and prepare the same for manufacture; and to manu-
facture the products of said gold, silver, copper and other
ores; and to vend said ores and products and manutactures
at any place or places, or transport and export the same for
sale or otherwise; and to have and hold and improve for the
purposes aforesaid of the corporation; and to acquire and to
sell and dispose of any real estate in said county of Prince
William, fiot exceeding in all five thousand acres; or per-
sonal property trom time to time, as may be judged expe-
dient. The powers hereby granted to the company shall be
construed to extend to any operations and transactions,
whether the same be undertaken and carried on in any part
of the state of Virginia.

3. And be it enacted, That the capital stock of said
corporation shall not exceed two hundred and fifty thou-
sand dollars, to be divided into shares of twenty-five dollars
each, and to be subscribed for under the direction of the per-
sons named in this act: and any person may subscribe lands
or mines, or mining rights or privileges, or patent rights, or
any other kind of ‘property, in place of money subscriptions
to said stock; to be received in subscription as aforesaid, at
such valuation as a majority of all the subscribers shall fix
such subscriptions: suljject, however, to become void, if sat-
Isfactory letters or conveyances to the corporation be not
made by such a period as said corporation may direct after
its organization; and that said corporation may be organized
and go into Its operations aforesiid, on having fifty thousand
dollars, thus subscribed and paid to its capital stock,

4. And be it enacted, That the athuirs of the corporation
shall be managed and its powers aforesaid: be exereised by a
president and six directors, to be chosen by the stockholders
on a day to be fixed, and on notice given by the persons, or
a majority of them, under whose direction subscriptions of
stock shall be made as aforesaid; which president and direc-
tors shall serve for one year from their said election, or until
others shall be chosen—the president and directors of the
corporation being hereby empowered to pass by-laws fixing
the periods of ele -etions, and to make all reeulations in regar d
to them, and for any omission to elect at the period ap-
pointed; and no omission of that kind to operate as a dis-
solution of said corporation.

o. And be it enacted, That said president and directors,
or a majority of them, may do all acts necessary for the con-
ducting of the business and carr ying out the business of the
corporation, and may appoint and employ any agents or other
persons by them deemed necessary for accomplishing said
objects, and may declare annual or semiannual dividends of
profits as ascertained by them.

6. And be it enacted, That this act shall not be construed
to confer on said corporation. any banking powers, nor the
right to issue any Dill or note in the form of a bank note.

7. The othee of the company may be kept and its general
business transacted at such piace, either within or without
the limits of the state of Virginia, as may from time to time
be appointed or preseribed by the by laws, rules and regula-
tions of the company; and any and all meetings, either of
the stockholders or of the president and directors of the
company for the transaction of business of any kind, may be
held in like manner. at any place, either within or without
the limits of the said state, which may be so appointed or
prescribed from time to time.

8, This act shall be in foree from and after its passage, and
subject to any alteration, modification or repeal, at the plea-
sure of the legislature.

x

Chap. 228.—An ACT to incorporate the Prince William Mining and
Manufacturing Company,

Passed February 15, 1866.

1. Be it enacted by the general assembly of Virginia, That
Robert A. Sinclair, Aylett ‘Nic hol, James Stewart ‘and James
A. Stoutenbrugh, and such other persons as may hereatter
be associated with them, be and they are hereby created a
corporate and body politic, by the name and style of The
Prince William Mining and Manutacturing Company; for
the purpose of mining and manufacturing gold, silver, copper,
and other mineral substances in the county of Prince Wil-
liam; and by that name, may sue and be sued, answer and
defend in any court of law or equity; and may ordain and
establish such by-laws, rules and regulations as shall appear
necessary for conducting the concerns of said corporation,
not contrary to the laws of this state or of the United States;
and the same to change, alter and amend, as may appear
proper; and may make, have and use, and at pleasure change
or renew the common seal; and generally may do any act or
thing necessary to carry into ettect the provisions of this act,
and to promote the design of the corporation: and said com-
pany shall be entitled to all the rights and privileges con-
ferred, and made subject to all the rules, regulations and
restrictions imposed by the Code of Virginia, and Jaws
amendatory thereof, in relation to mining and manufacturing
companies, except when inconsistent , with the provisions of
this act.

2. And be it enacted, That said corporation be and is
hereby empowered to procure, by mining therefor or other-
wise, gold, silver, copper, and other metallic ores, and to
smelt and prepare the same for manufacture; and to manu-
facture the products of said gold, silver, copper and other
ores; and to vend said ores and products and manutactures
at any place or places, or transport and export the same for
sale or otherwise; and to have and hold and improve for the
purposes aforesaid of the corporation; and to acquire and to
sell and dispose of any real estate in said county of Prince
William, fiot exceeding in all five thousand acres; or per-
sonal property trom time to time, as may be judged expe-
dient. The powers hereby granted to the company shall be
construed to extend to any operations and transactions,
whether the same be undertaken and carried on in any part
of the state of Virginia.

3. And be it enacted, That the capital stock of said
corporation shall not exceed two hundred and fifty thou-
sand dollars, to be divided into shares of twenty-five dollars
each, and to be subscribed for under the direction of the per-
sons named in this act: and any person may subscribe lands
or mines, or mining rights or privileges, or patent rights, or
any other kind of ‘property, in place of money subscriptions
to said stock; to be received in subscription as aforesaid, at
such valuation as a majority of all the subscribers shall fix
such subscriptions: suljject, however, to become void, if sat-
Isfactory letters or conveyances to the corporation be not
made by such a period as said corporation may direct after
its organization; and that said corporation may be organized
and go into Its operations aforesiid, on having fifty thousand
dollars, thus subscribed and paid to its capital stock,

4. And be it enacted, That the athuirs of the corporation
shall be managed and its powers aforesaid: be exereised by a
president and six directors, to be chosen by the stockholders
on a day to be fixed, and on notice given by the persons, or
a majority of them, under whose direction subscriptions of
stock shall be made as aforesaid; which president and direc-
tors shall serve for one year from their said election, or until
others shall be chosen—the president and directors of the
corporation being hereby empowered to pass by-laws fixing
the periods of ele -etions, and to make all reeulations in regar d
to them, and for any omission to elect at the period ap-
pointed; and no omission of that kind to operate as a dis-
solution of said corporation.

o. And be it enacted, That said president and directors,
or a majority of them, may do all acts necessary for the con-
ducting of the business and carr ying out the business of the
corporation, and may appoint and employ any agents or other
persons by them deemed necessary for accomplishing said
objects, and may declare annual or semiannual dividends of
profits as ascertained by them.

6. And be it enacted, That this act shall not be construed
to confer on said corporation. any banking powers, nor the
right to issue any Dill or note in the form of a bank note.

7. The othee of the company may be kept and its general
business transacted at such piace, either within or without
the limits of the state of Virginia, as may from time to time
be appointed or preseribed by the by laws, rules and regula-
tions of the company; and any and all meetings, either of
the stockholders or of the president and directors of the
company for the transaction of business of any kind, may be
held in like manner. at any place, either within or without
the limits of the said state, which may be so appointed or
prescribed from time to time.

8, This act shall be in foree from and after its passage, and
subject to any alteration, modification or repeal, at the plea-
sure of the legislature.

x