Chap. 169.—An ACT to incorporate the Alexandria Dock Company.

Passed February 6, 1867.

1. Be it enacted by the general assembly, That Robert H.
Miller, Francis L. Smith, Reuben Johnston, George W.
Jamieson and Benjamin Barton, or a majority of them, be
and they are hereby authorized to open books at such time
or times, place or places, as they may deem expedient, for
the purpose of feceiving subscriptions for not exceeding two
thousand shares, of fifty dollars each, to constitute the capi-
tal stock of a company to be called The Alexandria Dock
Company; which company shall have and exercise all the
powers conferred by the Code of Virginia, of eighteen hun-
dred and sixty, and be subject. to all the restrictions imposed
thereby upon internal improvement companies and corpora-
tions generally, and not incompatible w:th this act.

2. Be it furthtr enacted, That when five hundred shares
of said stock shall have been subscribed, and the payment
required by the third section of the fifty-seventh chapter of
the Code shall have been made, the subscribers therefor, their
representatives: and assigns, shall be a body politic by the
name aforesaid, and shall thereupon exercise ll the powers
and enjoy the rights conferred upon such companies by this
or any other law of this state. ,

3. And be it further enacted, That the said company shall
have power to provide and construct, at or near the city of
Alexandria, wharves, piers, docks, basins, lift-locks, buildings,
machines and other suitable works tor the accommodation of
vessels and boats; for the convenient landing, shipping, re-
ceiving, delivering and storing of coal, goods, wares and
merchandise; and for making and maintaining free and unob-
structed connection, by canal or otherwise, with the Alexan-
dria canal or any of its basins or pools, subject however to
the constitution of the United States and laws of Virginia
applicable to the appropriation of private propetty for public
uses, and for the more advantageous receiving and delivering
property, the said company shall have power to construct
and operate railways, not to be located or built, in any case, at
a greater distance than three miles from the Potomac river,
in lines drawn therefrom, and to transport persons and pro-
perty upon the same. The said company shall have power
to demand, sue for and recover reasonable rents, tolls, wharf-
ages, dockages, and other lawful charges; and to make and
enforce orders, rules and regulations not inconsistent with
the laws of this state, for the securing the payment of their
dues, for the care, management and preservation of their
works and property, and for deepening their canals, docks
and basins, and removing and preventing obstructions in the
access thereto.

4, And be it further enacted, That it shall be lawful for
the said company to borrow money to an amount not ex-
ceeding threé hundred thousand dollars, at rates of interest
not exceeding ten per centum per annum, and to issue there-
for their bonds, and secure the payment thereof by deed of
trust or mortgage upon their property and franchises, or by
any other lawful security.

>. And be it further enacted, That the works of said com-
pany shall be begun within five years and completed within
ten years from the passage of this act.

6. And be it further enacted, That this att shall be in
force from its passage; but the general assembly reserves
the right, in its discretion, to alter, amend or repeal the same
at its pleasure.