Chap. 42.—An ACT to amend the charter of the Newport News ship-building
and dry-dock company, by amending and re-enacting section 2 of chapter
51 of acts of assembly, 1885-86, entitled “An act to incorporate the Chesa-
peake dry-dock and construction company,” as amended and re-enacted by
chapter 22, acts of assembly, 1891-92, entitled “An act toamend the charter
of the Newport News ship-building and dry-dock company, by amendin
and re-enacting section 2 of chapter 51 of acts of assembly, 1885-86, entitled
an act to incorporate the Chesapeake dry-dock and construction company,
and section 4 of chapter 51 of acts of assembly, 1885-86, entitled an act to
incorporate the Chesapeake dry-dock and construction company, as amended
and re-enacted by chapter 235, acts of assembly, 1889-90, entitled an act to
change the name of the Chesapeake dry-dock and construction company to
Newport News ship-building and dry-dock company, and to amend and re-
enact sections 1, 4, 6, 7, and 8of chapter 51 of acts of assembly, 1885~-’86, en-
titled an act to incorporate the Chesapeake dry-dock and construction com-
pany,’ approved December 22, 1891, so as to authorize said Newport News
ship-building and dry-dock company to increase its capital stock, provided
said capital stock shall not exceed in the aggregate six millions of dollars.

Approved January 11, 1896,

1. Be it enacted by the general assembly of Virginia, That sec-
tion two of chapter fifty-one of acts of assembly eighteen hundred
and eighty-five and eighteen hundred and eighty-six, entitled “An act
to incorporate the Chesapeake dry dock and construction company,”
as amended and re-enacted by chapter twenty-two of acts of assem-
bly, eighteen hundred and ninety-one and eighteen hundred and
ninety-two, entitled “An act to amend the charter of the Newport
News ship-building and dry dock company by amending and re-
enacting section two of chapter fifty-one of acts of assembly eigh-
teen hundred and eighty-five and eighteen hundred and eighty-six,
entitled an act to incorporate the Chesapeake dry dock and construc-
tion company, and section four of chapter fifty-one of acts of assem-
bly, eighteen hundred and eighty-five and eighteen hundred and
eighty-six, entitled an act to incorporate the Chesapeake dry dock
and construction company, a8 amended and re-enacted by chapter
two hundred and thirty-five, acts of assembly eighteen hundred and
eighty-nine and eighteen hundred and ninety, entitled an act to
change the name of the Chesapeake dry dock and construction com-
pany to Newport News ship-building and dry dock company, and to
amend and re-enact sections one, four, six, seven and eight of chap-
ter fifty-one of acts of assembly, eighteen hundred and eighty-five
and eighteen hundred and eighty-six, entitled an act to incorporate
the Chesapeake dry dock and construction company, approved De-
cember twenty-two, eighteen hundred and ninety-one, be amended
and re-enacted so as to read as follows:

§ 2. The capital stock of said company shall not be less than one
hundred thousand dollars, divided into shares of one hundred dol.
larseach. Said company may, with the consent of a majority of the
stockholders, increase its capital stock from time to time to such an
amount as may be necessary for constructing, operating and main.
taining its works: provided the capital stock shall not exceed six
million of dollars; such increase to be made at a regular or callec
meeting for the purpose, and upon such notice as may be necessary
and proper. In all meetings of the stockholders each share shall be
entitled to one vote, which vote may be cast in person or by proxy.

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