Chap. 19.—An ACT to legalize a certain election held by the qualified voters of
Lunenburg county, Virginia, for the purpose of subscribing to the stock of the
Mount Rogers and Eastern Railroad Company, and to empower and direct the
supervisors of said county to subscribe to the preferred capital stock of said
railroad company to the amount of $100,000, par value, upon the terms and
conditions prescribed in the order of court under which said election was held.

Approved December 19, 1901.

Whereas, the county court of Lunenburg county, Virginia, did on the
ninth day of September, nineteen hundred and one, make an order re-
quiring the sheriff of said county to open the polls on the twenty-sixth
day of October, nineteen hundred and one, and take the sense of the quali-
fied voters of said county on the question of subscribing to one hundred
thousand dollars’ worth of the preferred capital stock of the Mount
Rogers and Eastern Railroad Company, par value, upon the condition
that the said railroad company should complete a line of standard gauge
railroad through said county of Lunenburg from the east line of the
county of Charlotte to the west line of the county of Brunswick, and run.
ning within one mile of the courthouse of Lunenburg county, and alsc
construct four station houses within said county, one to be distant no!
more than one mile from Lunenburg county courthouse, prior to the firs
day of January, nineteen hundred and six; and,

Whereas, at the said election, held under said order, a majority, bott
of the registered voters and of the frecholders of said county, voted ir
favor of subscribing to the said one hundred thousand dollars’ worth 0}
the preferred capital stock of said railroad company, at par, under th
conditions and upon the terms named in said order of the county court
therefore,

1. Be it enacted by the general assembly of Virginia, as follows:

The election held by the citizens of the county of Lunenburg on th
twenty-sixth day of October, nineteen hundred and one, under the orde:
of the county court of said county, entered on the ninth day of September
nineteen hundred and one, for the purpose of ascertaining the sense of :
majority of the qualified voters and freeholders of said county as to th
subscription to one hundred thousand dollars’ worth of the preferred
capital stock of the Mount Rogers and Eastern Railroad Company, at par,
upon the terms and conditions named in said order, is hereby legalized,
and the general assembly of Virginia hereby validates the subscription
voted by said voters and freeholders to one hundred thousand dollars’
worth of the preferred capital stock of the said Mount Rogers and East-
ern Railroad Company, under the terms and upon the conditions named
in said order of the county court of Lunenburg county, and the board of
supervisors for Lunenburg county shall make formal subscription to one
hundred thousand dollars’ worth of the preferred capital stock of the
Mount Rogers and Hastern Railroad Company, at par, said subscription
to be paid in the negotiable coupon bonds of the said county of Lunen-
burg to the amount of one hundred thousand dollars, par value, bearing
interest at the rate of five per centum per annum from the time of de-
livery, payable semi-annually, and the principal of said bonds payable
thirty years from the date of delivery, and the said bonds shall not com-
mence to bear interest until the delivery thereof, and the said subscrip-
tion shall be conditional upon the said railroad company’s completing its
line of standard gauge railroad through and across said county of Lunen-
burg from the east line of Charlotte county to the west line of Brunswick
county, and running within one mile of the courthouse of Lunenburg
county, and also constructing four station houses in said county, one not
more than one mile distant from Lunenburg county courthouse, prior to
January first, nineteen hundred and six, and the said bonds of the county
of Lunenburg shall not be delivered to the said railroad company unless
and until the said railroad company shall complete its line of standard
gauge railroad across and through said county of Lunenburg from the
east line of Charlotte county to the west line of Brunswick county, and
running within one mile of the courthouse of Lunenburg county, and
shall also construct four station houses within Lunenburg county, one to
be distant not more than one mile from Lunenburg county courthouse,
prior to said first day of January, nineteen hundred and six; and the
board of supervisors for Lunenburg county are vested with full power to
execute said bonds in the name of said county of Lunenburg, and are
directed and empowered to lay such a levy upon the real and personal
property of the county of Lunenburg as may be necessary to provide for
the payment of the interest and a sinking fund for the payment of the
principal of the bonds of said county, the limitations of the amount of
taxation as prescribed in the twelve hundred and forty-third section of
chapter fifty-one of the Code of eighteen hundred and eighty-seven to the
contrary notwithstanding.
2. This act shall be in force from its passage.