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 | 1901/1902 |
---|---|
Law Number | 578 |
Subjects |
Law Body
Chap. 578.—An ACT to amend and re-enact sections 1, 9, and 11 of an act entitled
an act to incorporate the Radford-Southern Railroad and Mining Company, ap-
proved February 14, 1898.
Approved April 2, 1902.
1. Be it enacted by the general assembly of Virginia, That sections
one, nine, and eleven of an act entitled “an act to incorporate the Rad-
ford-Southern Railroad and Mining Company,” approved February four-
teenth, eighteen hundred and ninety-eight, be amended and re-enacted
so as to read as follows:
§ 1. Be it enacted by the general assembly of Virginia, That George
W. Miles, W. R. Wharton, George B. Kimball, M. C. Armour, Richard
Wood, C. K. Mount, kK. W. Peck, John H. Washington, J. Custis Peter,
McClannahan Ingles, J. Radford Peterson, J. H. Carper, John Eckman,
G. L. Carter, George E. Lester, Peter F. Shelton, C. M. Stiggleman,
P. G. Lester, Winfield Scott, Burwell Akers, S. 'T. Turner, J. 8S. Taylor,
George M. Holstein, and Rufus J. Woolwine, and their associates, or
such of them as may accept the provisions of this charter, be, and they
are hereby, made and constituted a body politic and corporate under the
name and style of the Radford-Southern Railroad and Mining Company,
and as such are authorized and empowered to locate, construct, equip,
and operate a railroad of standard gauge, commencing at the most prac-
tical point on the Norfolk and Western railway, in the city of Radford,
in Montgomery county, as may be decided upon by the stockholders of
said company, and running southwardly along the most practicable route
up the valley of the New river and Little river to some point near the
mouth of Indian creek, where it flows into Little river, passing near
Floyd, in Floyd county, and also to locate, construct, equip, and operate
a railroad of standard gauge, commencing at the most practical point on
the Norfolk and Western railway, in the city of Radford, as may be de-
cided upon by the stockholders of said company, and running north-
wardly through the counties of Montgomery, Pulaski, Giles, or Craig to
a point at or near where New river crosses the boundary line between the
States of Virginia and West Virginia; and also to purchase, lease, mine,
and develop the iron, copper, and other minerals, and ores and timber
lands along and near its route. The said company shall have power to
locate, construct, equip, and operate any branch or lateral line from its
main line of standard or narrow gauge not to exceed twenty-five miles
in length, and such tram tracks as may be required for its mining pur-
poses.
§ 9. The said company shall commence the construction of its railroad
at any point between the terminal points hereinbefore mentioned within
two years from the first day of April, nineteen hundred and two, and
shall complete the same within five years from January first, nineteen
hundred and two.
§ 11. The capital stock of the said company shall not be less than
twenty-five thousand dollars, to be divided into shares of the par value
of fifty dollars each, and may, from time to time, be increased by the
board of directors, with the consent of the stockholders, to an amount
not exceeding three hundred thousand dollars. Each subscriber to the
capital stock of the said company shall, in any meeting of the stockhold-
ers of the said company, have one vote for each share of stock so sub-
scribed.
2. This act shall be in force from its passage.