Chap. 9.—An ACT to authorize the Old Dominion Railway Company to create
divisional mortgages.

Approved December 17, 1901.

1. Be it enacted by the general assembly of Virginia, That the Old
Dominion Railway Company, a corporation formed and existing by the
consolidation and merger of the stocks, properties, and franchises of the
Portsmouth Street Railway Company, the River Front Railroad Com-
pany, the Norfolk County Railway Company, and the Virginia Equip-
ment Company, shall have power to mortgage divisionally, severally, and
separately such part or parts of its property, now owned or hereafter
acquired, as its stockholders or board of directors may from time to time
deem expedient to set apart for the purpose, and may include in each of
such divisional, several, or separate mortgages the right to exercise with
respect to the property described, or intended to be described, in the said
mortgage or mortgages, all of the corporate powers and franchises with
which the said corporation now is or may hereafter become vested, or any
part or parts thereof, including the franchise to be a corporation.

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