Chap. 568.—An ACT to amend and re-enact sections 2, 4, 17, and 18 of an act to
incorporate the Southwest Virginia Improvement Company, approved March 9,
1880; said act further amended by an act entitled an act to amend and re-enact
an act entitled an act to incorporate the Southwest Virginia Improvement Com-
pany, in force from January 28, 1884; said act further amended by an act en-
titled an act to change the name of the Southwest Virginia Improvement Com-
pany to the Pocahontas Collieries Company, approved February 9, 1901; said
act further amended by an act entitled an act to amend and re-enact section | of
an act entitled an act to change the name of the Southwest Virginia Improve-
ment Company to the Pocahontas Collieries Company, approved December 17,
1901.

Approved April 2, 1902.

1. Be it enacted by the general assembly of Virginia, That section
two, as amended by an act entitled an act to amend and re-enact an act
entitled an act to incorporate the Southwest Virginia Improvement
Company, in force from January twenty-cighth, eighteen hundred and
eighty-four, and sections four, seventeen, and eighteen, be amended and
re-enacted so as to read as follows:

§ 2. That it shall be lawful for the said company to guarantee the in-
terest or principal and interest of the bonds of any mining, manufactur-
ing, or other company of this State, or any other State of the United
States, as well as acquire and hold the shares of the capital stock and
bonds of any corporation.

§ 4. The said company shall have power and may purchase, hold,
grant, mortgage, or otherwise dispose of real and personal estate in this
State or elsewhere; and the said company shall have power and may lay
out said land, or any part thereof, into parcels or lots of convenient size,
with intervening roads, lanes, streets, and allevs, and develop, work, 1m-
prove, cultivate, scll, grant, mortgage, or otherwise dispose of in such
manner and upon such terms as the said company may think proper:
and may contract for, construct, operate, and maintain works of public
or private improvement; to mine and deal in iron ore, coal, and other
minerals; to make and deal in coke, and to erect and operate works, build-
ings, machinery, fixtures, and appliances for these purposes: provided,
however, that nothing in this section shall be construed as exempting the
said company from the provisions of chapter sixty-one of the Code of
eighteen hundred and seventy-three, if they shall engage in constructing
or operating any work of internal improvement in this State; nor shall
the said section be construed so as to authorize the said company to con-
struct any railroad or turnpike without a special act for that purpose.

S17. The corporate existence of the said charter is hereby extended
for the term of thirty years from this date, with all the rights, powers,
and privileges granted by the said charter, and all the amendments
thereto subsequently enacted.

§ 18. This act shall be in force from its passage, but the general assem-
bly of the State of Virginia reserves to itself the right to modify, alter, or
repeal this act at any time hereafter as provided for by general statute.