Chap. 275.—An ACT to amend and re-enact an act to incorporate the
Southern Express Company, passed March 22, 1861, and to incorporate
the National Express and Transportation Company.

Passed December 12, 1865.

Be it enacted by the general assembly of the state of Vir- 4
ginia, That the act passed March twenty-second, eighteen }
hundred and sixty-one, entitled an act to incorporate ther
Southern express company, be amended and re-enacted so as
to read as follows:

“1. Be it enacted by the eeneral assembly of Virginia,
That Joseph E. Johnston, William 1. Montazue, William J.
Hawkins. M. G. Harman. Francis Skiddy, Charles W. Purcell,
L. W. Glazebrook, John Echols and Benjamin Ifart, and
their associates, successors and assigns, be and they are
hereby declar ed to be a body corporate and politic, by the
name of The National Express and ‘Transportation Com-
pany; for the purpose of an express and transportation busi-
ness; and as such, shall have perpetual sucecssion, and a com-
mon seal, which it may alter or renew at pleasure; and may
sue and be sued, implead and be impleaded; contract and be
contracted with; purchase, hold and grant such estates. real
and personal, as may be necessary for the carrying on of the
legitimate business of said company; ahd make ordinances,
by-laws and regulations for the government of all under its
authority, and the proper conduct of its affairs.

“2 The capital stock of said company shall be five millions
of dollar: s, and shall be divided into shares of one hundred
dollars each; but the said capital stock may, from time to
time, by order of the board of directors, be increased to a
sum not excecding ten millions of dollars

“3. The said company may commence business as soon as
one-third of its capital stock is subscribed, and one hundred
thousand dollars of same is paid up; and on such subserip-
tion being made, any five of the stockholders may call
general meeting of the stockholders of the said company, by
advertising the time and place of such meeting, at least
twenty days before the time of holding the same, in three of
the daily newspapers of Richmond: provided, however, that
any other mode or time of calling such meeting shall he law-
tul, if two-thirds of the stockholders are represented thereat.
At the meeting convened as aforesaid. the said company shall
elect, by am: jority of the votes then present, or represented,
not less than five nor more than nine persons, being stock-
holders of the satd company, to act as directors, who. shall
represent the said company, and manage the business thereof.

“t. The board of directors shall, at their first meeting after
their election. elect one of their number as president ef the
sail corporation; and may eleet such other oflicers as they
may deem advisable. The president and directors of this
corporation shall hold their offices for one year, and until
their successors are chosen. Vacancies in the board of direce-
tors shall be filled in such manner as the by-laws of the cor-
poration may prescribe.

“5, The annual election of directors and other officers of
this corporation shall be held at such place and in such man-
ner as its by-laws may prescribe.

“6. The said company shall have power to do an express
and general transportation business, by land or by water, for
the conveyance of persons and property of every kind
throughout or beyond the limits of Virginia, in their own
conveyances, or in those of such other persons or corpora-
tions as they may contract with; and to create and organize
branch agencies for the same purpose; and to form any such
arrangement, purchase or union with any other express or
transportation company as may, in their opinion, be advan-
tageous; and to build, hire, estabhsh and maintain store-
houses and other buildings for the safe- keeping of the pro-
perty entrusted to their care for transportation; and shall
have power to indemnify themselves by insurance -against
any loss or damage by fire, or the risks of navigation or
transportation, on any property held either in ther own
right or as bailees.

“7. The said company shall have power to sell all freights
or baggage, if the same remain unclaimed more than one
year in its possession; but such sale shall be at publie aue-
tion, and after notive for not less than four weeks in one or
more newspapers published at or nearest the place of sale;
and if such freights or baggage are of a perishable nature, it
may be sold as soon as necessary. Said notice shall contain,
as near as practicable, a deserijtion of such freight or bag-

gage; the place and time of iis deposit with the company,
torether with the name and residence of the owner or the
consignee of the same, if known. The proceeds of such sale
shall be applied to the satisiaction of all charges upon the
said unclaimed treights or bageage, arising from its storace,
transportation and sale. The residue, if any there be, shall
be held in trust for the owner: and it shall be the duty of
the said company to keep, at its principal office, a faithful
record of all proceedings had under this power of sale;
which record shall be open to the inspection of' all claimants.

“8. The principal office shall be kept at Richmond, Vir-
ginia, unless the same be changed to some other place by a
vote of two-thirds of the directors s; and the said company
may establish as many local offices as the president or board
of directors may deem nei "ESsary,

“9, The right to the franchise er: anted Dy this act shal
vest as soon as one-third of the capital stock is subscribed,
and oné hundred thousand dollars of the same shall be paid
up. Of these facts, it shall be the duty of the company to
inform the governor, as the officers of banks about to be put
into operation are required to do.

“10. This act shall be in force from its passave, and shall
be subject to modification or repeal, at the pleasure of the
general assembly.” )

Chap. 275.—An ACT to amend and re-enact an act to incorporate the
Southern Express Company, passed March 22, 1861, and to incorporate
the National Express and Transportation Company.

Passed December 12, 1865.

Be it enacted by the general assembly of the state of Vir- 4
ginia, That the act passed March twenty-second, eighteen }
hundred and sixty-one, entitled an act to incorporate ther
Southern express company, be amended and re-enacted so as
to read as follows:

“1. Be it enacted by the eeneral assembly of Virginia,
That Joseph E. Johnston, William 1. Montazue, William J.
Hawkins. M. G. Harman. Francis Skiddy, Charles W. Purcell,
L. W. Glazebrook, John Echols and Benjamin Ifart, and
their associates, successors and assigns, be and they are
hereby declar ed to be a body corporate and politic, by the
name of The National Express and ‘Transportation Com-
pany; for the purpose of an express and transportation busi-
ness; and as such, shall have perpetual sucecssion, and a com-
mon seal, which it may alter or renew at pleasure; and may
sue and be sued, implead and be impleaded; contract and be
contracted with; purchase, hold and grant such estates. real
and personal, as may be necessary for the carrying on of the
legitimate business of said company; ahd make ordinances,
by-laws and regulations for the government of all under its
authority, and the proper conduct of its affairs.

“2 The capital stock of said company shall be five millions
of dollar: s, and shall be divided into shares of one hundred
dollars each; but the said capital stock may, from time to
time, by order of the board of directors, be increased to a
sum not excecding ten millions of dollars

“3. The said company may commence business as soon as
one-third of its capital stock is subscribed, and one hundred
thousand dollars of same is paid up; and on such subserip-
tion being made, any five of the stockholders may call
general meeting of the stockholders of the said company, by
advertising the time and place of such meeting, at least
twenty days before the time of holding the same, in three of
the daily newspapers of Richmond: provided, however, that
any other mode or time of calling such meeting shall he law-
tul, if two-thirds of the stockholders are represented thereat.
At the meeting convened as aforesaid. the said company shall
elect, by am: jority of the votes then present, or represented,
not less than five nor more than nine persons, being stock-
holders of the satd company, to act as directors, who. shall
represent the said company, and manage the business thereof.

“t. The board of directors shall, at their first meeting after
their election. elect one of their number as president ef the
sail corporation; and may eleet such other oflicers as they
may deem advisable. The president and directors of this
corporation shall hold their offices for one year, and until
their successors are chosen. Vacancies in the board of direce-
tors shall be filled in such manner as the by-laws of the cor-
poration may prescribe.

“5, The annual election of directors and other officers of
this corporation shall be held at such place and in such man-
ner as its by-laws may prescribe.

“6. The said company shall have power to do an express
and general transportation business, by land or by water, for
the conveyance of persons and property of every kind
throughout or beyond the limits of Virginia, in their own
conveyances, or in those of such other persons or corpora-
tions as they may contract with; and to create and organize
branch agencies for the same purpose; and to form any such
arrangement, purchase or union with any other express or
transportation company as may, in their opinion, be advan-
tageous; and to build, hire, estabhsh and maintain store-
houses and other buildings for the safe- keeping of the pro-
perty entrusted to their care for transportation; and shall
have power to indemnify themselves by insurance -against
any loss or damage by fire, or the risks of navigation or
transportation, on any property held either in ther own
right or as bailees.

“7. The said company shall have power to sell all freights
or baggage, if the same remain unclaimed more than one
year in its possession; but such sale shall be at publie aue-
tion, and after notive for not less than four weeks in one or
more newspapers published at or nearest the place of sale;
and if such freights or baggage are of a perishable nature, it
may be sold as soon as necessary. Said notice shall contain,
as near as practicable, a deserijtion of such freight or bag-

gage; the place and time of iis deposit with the company,
torether with the name and residence of the owner or the
consignee of the same, if known. The proceeds of such sale
shall be applied to the satisiaction of all charges upon the
said unclaimed treights or bageage, arising from its storace,
transportation and sale. The residue, if any there be, shall
be held in trust for the owner: and it shall be the duty of
the said company to keep, at its principal office, a faithful
record of all proceedings had under this power of sale;
which record shall be open to the inspection of' all claimants.

“8. The principal office shall be kept at Richmond, Vir-
ginia, unless the same be changed to some other place by a
vote of two-thirds of the directors s; and the said company
may establish as many local offices as the president or board
of directors may deem nei "ESsary,

“9, The right to the franchise er: anted Dy this act shal
vest as soon as one-third of the capital stock is subscribed,
and oné hundred thousand dollars of the same shall be paid
up. Of these facts, it shall be the duty of the company to
inform the governor, as the officers of banks about to be put
into operation are required to do.

“10. This act shall be in force from its passave, and shall
be subject to modification or repeal, at the pleasure of the
general assembly.” )