Chap. 234.—Au ACT to incorporate the Buftale Ridee Mining and
~ Petroleum Company,

Passed) March 3, 1808.

1. Be it enacted by the general assembly, That Gr. W. C,
Lee, John H. Burgess, Samuel Read, R.S. Anderson, EF. M.
Cabbell, A. D. Almand, OH. G. Cannon, Jolin G. Spotts, John
C. Shields, J.T. Hutcheson and J. J. Hartsook, and such
other persons as may hereaiter be associated with them, shall
be and are hereby incerporated and made a body politic and
corporate, under the name and style of Lhe Buttalo Ridge
Mining and Petroleum Company; tor the purpose of mining
petr oleum, coal and other minerals, and manufacturing iren
and other articles in the county or Nelson; and they are
hereby invested with all the rights. powers and privileges,
and subjected to all the rules, regulations and restrictions
prescribed by the Code of Virginia, in regard to such bodies
politic and corporate, so dar us the same are applicable to.
and not inconsistent with the rights and privileges herein
srant
2. The capital stock of said company shall not be less than
ten thousand nor more than two hundred thousand dollars,
to be divided into shares of fiity dollars each; and the said
company shall have the right to purchase and hold Iand not
exceeding ten thousand acres.

3. That the pers@nus before named, or any three of them,
shall be authorized to receive subscriptions to the capital
stock of said company, and shall designate the times and
places of receiving such subscriptions, by giving notice
thereof in one or more newspapers published in the cities of
Richmond and New York.

4, That the said persons, or any three of them, shall also
have power to fix and direct the amount to be paid by each
subscriber for stock at the time of making his subscription.
5. In all general meetings of the stockholders, each stock-
holder shall have as many votes as he has shares, and absent
stockholders may be represented hy proxy.

6. The affairs of said company shall be managed by a presi-
dent, who shall be a director, and four other directors; and
the time for the first election of president and directors by
the stockholders shall be appointed by the before named per-
sons, or any three of them; and until such election, the said
persons shall have and exercise all the powers of said diree-
tors, designating some one of them to act as president.

7. Special meetings of the stockholders of said company
may be called by a majority of the directors, or by one or
more stockholders holding one-titth of the capital stock of
the company.

®. This act shall be in force from its passage, and shall be
subject to any amendment, altcration or modification, at the
pleasure of the general assembly.

Chap. 234.—Au ACT to incorporate the Buftale Ridee Mining and
~ Petroleum Company,

Passed) March 3, 1808.

1. Be it enacted by the general assembly, That Gr. W. C,
Lee, John H. Burgess, Samuel Read, R.S. Anderson, EF. M.
Cabbell, A. D. Almand, OH. G. Cannon, Jolin G. Spotts, John
C. Shields, J.T. Hutcheson and J. J. Hartsook, and such
other persons as may hereaiter be associated with them, shall
be and are hereby incerporated and made a body politic and
corporate, under the name and style of Lhe Buttalo Ridge
Mining and Petroleum Company; tor the purpose of mining
petr oleum, coal and other minerals, and manufacturing iren
and other articles in the county or Nelson; and they are
hereby invested with all the rights. powers and privileges,
and subjected to all the rules, regulations and restrictions
prescribed by the Code of Virginia, in regard to such bodies
politic and corporate, so dar us the same are applicable to.
and not inconsistent with the rights and privileges herein
srant
2. The capital stock of said company shall not be less than
ten thousand nor more than two hundred thousand dollars,
to be divided into shares of fiity dollars each; and the said
company shall have the right to purchase and hold Iand not
exceeding ten thousand acres.

3. That the pers@nus before named, or any three of them,
shall be authorized to receive subscriptions to the capital
stock of said company, and shall designate the times and
places of receiving such subscriptions, by giving notice
thereof in one or more newspapers published in the cities of
Richmond and New York.

4, That the said persons, or any three of them, shall also
have power to fix and direct the amount to be paid by each
subscriber for stock at the time of making his subscription.
5. In all general meetings of the stockholders, each stock-
holder shall have as many votes as he has shares, and absent
stockholders may be represented hy proxy.

6. The affairs of said company shall be managed by a presi-
dent, who shall be a director, and four other directors; and
the time for the first election of president and directors by
the stockholders shall be appointed by the before named per-
sons, or any three of them; and until such election, the said
persons shall have and exercise all the powers of said diree-
tors, designating some one of them to act as president.

7. Special meetings of the stockholders of said company
may be called by a majority of the directors, or by one or
more stockholders holding one-titth of the capital stock of
the company.

®. This act shall be in force from its passage, and shall be
subject to any amendment, altcration or modification, at the
pleasure of the general assembly.