Chap. 53.—An ACT to amend and re-enact sections 10 and 11 of an act entitled
an act to incorporate the Virginia seaboard and western railroad com-
pany, approved February 10, 18

Approved January 11, 1896.

1. Be it enacted by the general assembly of .Virginia, That sec-
tions ten and eleven of an act entitled an act to incorporate the Vir-
ginia seaboard and western railroad company, approved February
tenth, eighteen hundred and ninety-four, be amended and re-enacted
so as to read as follows: .

§ 10. It shall be lawful for said company to consolidate with any
other railroad company heretofore incorporated or hereafter to be
incorporated in or out of the state of Virginia, whose line or road
connects or will connect with the railroad hereby authorized to be
constructed; and it shall be lawful for the company hereby incor-
porated to lease or sell its works, property, and franchises, or any
part of them, to any other such company; and it shall be lawful for
this company to lease or purchase the works, property and fran-
chises, or any part of them, of any other railroad company hereto-
fore incorporated or hereafter to be incorporated in or out of the state
of Virginia, and any other railroad company heretofore incorporated
or hereafter to be incorporated in the state of Virginia is hereby au-
thorized to consolidate with this company, or to sell or lease its
works, property and franchises, or any part of them, to this com-
pany, or to purchase or lease the works, property and franchises of
this company, or any part of them: provided that no consolidation
of the corporation hereby created with any corporation chartered by
another state, or any lease or sale thereof, shall operate to prevent
such consolidated company from being a corporation of this state,
or in any manner to impair the jurisdiction of the courts of this
state in respect of the property and franchises so leased or pur-
chased; and provided further, that any company purchasing under
the authority of this act shall have power to make payment in its
stock and bonds, and the selling company shall! have power to accept
the same.

§ 11. This act is subject to the proviso that the work of construc-
tion hereunder shall be begun not later than two years and com-
pleted within five years from and after the first day of July, cighteen
hundred and ninety-siz, unless the time therefor shall be extended by
the general assembly, or unless wtthin that time this company shall have
leased or purchased property or franchises under section ten of this act.
All taxes or demands due or to become due by this company to the
state of Virginia shall be paid in lawful currency of the United
States and not in coupons,

2. All acts and parts of acts in conflict with this act are hereby
repealed.

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