Chap. 279.—An ACT to incorporate the Baltimore and Virginia Steamship
Company.

Passed February 21, 1866.

1. Be it enacted by the general assembly of Virginia, That
Alexander K. Phillips, Mason L. Weems, John 38. Gittings,
Jacob Torne, Robert A. Taylor, George If. Williams, Joseph
James Taylor and James S. Murphy, their successors, assv-
ciates and assigns, are hercby constituted a body corporate,
by the name ot The Baltimore and Virginia Steamship Com-
pany; and by that name, have perpetual suecession; and shall
be able to sue and be sued in any court of law or equity; to
make and use a common seal; and to ordain and establish
such by-laws and regulations as shall be necessary or conve-
nient tor conducting the atrirs of the corporation, not con-
trary to law. ;

2. And be it further enacted, That the objects of the said
corporation are declared to be, the navigation of the Rappa-
hannock river and the Chesapeake bay, or anv of its tributa-
ries, with one or more steamboats, for the purpose of
conveying passengers, towing vessels, canal boats or rafts,
and transportation of freight; and for which purpose they
are hereby authorized to hold lands in fee simple or other-
wise, not exceeding, in any city or town, three acres, and
elsewhere, ten acres; and also to own, erect and baild
wharves necessary or convenient for their business: and the
capital stock of said company shall not be more than five
hundred thousand dollars, divided into shares of one hundred
dollars each.
3. And be it enacted, That the stockholders, the proprie-
tors of a majority of the shares, being a quorum, shall be
authorized to employ, compensate and dismiss at ‘pleasare,
all officers and agents which may be thoucht needful and
beneficial to the company. ‘Phey shall establish reculations
for the transfer of the stock thereof, and the proot of own-
ership therein. They shall have power. in behalf of the com-
pany, to enter into contracts, borrow money, make purchases
aud sales of real and personal property, and to use theretor
the name or names and seal of the corporation, and to pre-
seribe all such rates of charues for freight or compensation
for the use of the company 's boats and property as they shall
deem just and rensonabie.

+. And be it further enacted, That all the joint stock pro-
perty and etiects of said company shall be answerable for all
contracts made by and for said company, and for all just
claims avainst the same; and the stockholders shall be in no
wise answerable or liable thereror in their individual capaci.
ties or private estates; and a quorum thereof may at any
time dissolve the corporation: provided, that all contracts
with and suits by and avainst the same shall not be impaired
or atfected by such dissoiution.

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

Chap. 279.—An ACT to incorporate the Baltimore and Virginia Steamship
Company.

Passed February 21, 1866.

1. Be it enacted by the general assembly of Virginia, That
Alexander K. Phillips, Mason L. Weems, John 38. Gittings,
Jacob Torne, Robert A. Taylor, George If. Williams, Joseph
James Taylor and James S. Murphy, their successors, assv-
ciates and assigns, are hercby constituted a body corporate,
by the name ot The Baltimore and Virginia Steamship Com-
pany; and by that name, have perpetual suecession; and shall
be able to sue and be sued in any court of law or equity; to
make and use a common seal; and to ordain and establish
such by-laws and regulations as shall be necessary or conve-
nient tor conducting the atrirs of the corporation, not con-
trary to law. ;

2. And be it further enacted, That the objects of the said
corporation are declared to be, the navigation of the Rappa-
hannock river and the Chesapeake bay, or anv of its tributa-
ries, with one or more steamboats, for the purpose of
conveying passengers, towing vessels, canal boats or rafts,
and transportation of freight; and for which purpose they
are hereby authorized to hold lands in fee simple or other-
wise, not exceeding, in any city or town, three acres, and
elsewhere, ten acres; and also to own, erect and baild
wharves necessary or convenient for their business: and the
capital stock of said company shall not be more than five
hundred thousand dollars, divided into shares of one hundred
dollars each.
3. And be it enacted, That the stockholders, the proprie-
tors of a majority of the shares, being a quorum, shall be
authorized to employ, compensate and dismiss at ‘pleasare,
all officers and agents which may be thoucht needful and
beneficial to the company. ‘Phey shall establish reculations
for the transfer of the stock thereof, and the proot of own-
ership therein. They shall have power. in behalf of the com-
pany, to enter into contracts, borrow money, make purchases
aud sales of real and personal property, and to use theretor
the name or names and seal of the corporation, and to pre-
seribe all such rates of charues for freight or compensation
for the use of the company 's boats and property as they shall
deem just and rensonabie.

+. And be it further enacted, That all the joint stock pro-
perty and etiects of said company shall be answerable for all
contracts made by and for said company, and for all just
claims avainst the same; and the stockholders shall be in no
wise answerable or liable thereror in their individual capaci.
ties or private estates; and a quorum thereof may at any
time dissolve the corporation: provided, that all contracts
with and suits by and avainst the same shall not be impaired
or atfected by such dissoiution.

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