An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1895/1896 |
---|---|
Law Number | 797 |
Subjects |
Law Body
Chap. 797.—An ACT toconfirm the organization and corporate existence of and
to grant certain powers to the Washington, Arlington, and Falls Church
railway company.
Approved March 4, 1896.
1. Be it enacted by the general assembly of Virginia, That the
organization and corporate existence of the Washington, Arlington,
and Falls Church railway company be, and the same is hereby, rati-
fied, validated, and confirmed, and the said company is hereby recog-
nized and declared to be a body politic and corporate of this state.
2. That the said company is authorized to extend its present lines
of railway westward from Washington, District of Columbia, through
Alexandria, Fairfax, Loudoun, Fauquier, Clarke, and Frederick
counties: provided such extension shall be completed within five
years from the passage of this act.
3. That it shall have power to acquire and operate other lines of
railway, either within or without this state, by purchase, lease, or
grant, and to connect its lines or extensions with other lines of
railway.
4. That it shall have power to acquire necessary lands for its lines
of railway, terminals, depots, stations, or other necessary purposes by
purchase or by condemnation. |
5. That it shall have power to issue bonds, secured by a mortgage
on its corporate property and franchises, when authorized by a gen-
eral meeting of its stockholders.
6. That the said company shall have power at any general meet-
ing of stockholders to increase its capital stock to an amount not
exceeding one hundred thousand dollars, or its mortgage indebted-
ness to such amounts as it may from time to time deem expedient,
and the same shall be increased accordingly. This corporation shal]
be subject to the general provisions of the statutes in reference to
chartered companies in this state when not in conflict with this act.
7. That all taxes that may become due the state of Virginia shall
be paid in lawful money, and not in coupons.
8. That the legislature reseryes the right to amend this act.
9. That this act shall be in force from its passage.