Chap. 226.—An ACT to amend and re-enact an act entitled an act to incor-
porate the Westhampton park railway company, approved March 7, 1900.

Approved February 15, 1901.

1. Be it enacted by the general assembly of Virginia, That an act to
neorporate the Westhampton Park railway company, approved March
-eventh, nineteen hundred, be amended and re-enacted so as to read as
follows:

$1. Be it enacted by the general assembly of Virginia, That W. T.
Armistead, R. A. Patterson, A. W. Garber, J. H. Mulholland, R. T. Lacy,
and R. M. Beattie and their associates and assigns be, and they are, hereby
constituted and declared a body, politic and corporate, by the name and
stvle of Westhampton Park railway company, and by that name shall
be known in law, shall have perpetual succession, and shall have the
power to contract and be contracted with, to sue and be sued, to plead
and be impleaded, to defend and be defended in all courts, whether at
law or in equity, and may make, have and use a common seal, and the
same break, alter, renew or change at pleasure, and generally may do any
and every act and thing necessary to carry this act into effect and pro-
mote the objects and designs of the corporation: provided, same be not
inconsistent with the laws of the United States or the state of Virginia.

§ 2. The capital stock of the said company shall not be less “than
twenty-five thousand dollars nor more than three hundred thousand dol-
lars, divided into shares of one hundred dollars each, and the directors
may receive payment of subscriptions to the capital stock in money, labor,
services, materials, bonds, stocks, easements or real estate, at such valua-
tion as may be agreed upon, and sell the stock at such price as may be
tixed by the board of directors. No stockholder of the said company
shall be held liable or made responsible for the debts or liabilities of the
said company in any sum beyond any balance due from such stockholder
to said company on shares subscribed tor by such stockholder.

§ 3. The said company hereby incorporated is empowered and author-
ized to promote, establish, conduct and maintain the business of a gen-
cral street railway, light and power company, to locate, buy, lease, con-
struct, erect, establish, maintain, operate, own or sell or otherwise acquire
and dispose of a line or lines of street railway or railways, and a plant or
plants, works or other necessary equipment for the generation of elec-
tricity or other materials or fluids, and supply the same for public or
private use for light, power or heat within the limits of the cities of
Richmond and Manchester and the county of Henrico and adjoining
counties, as the same are now or may hereafter be laid off, as may be de-
termined upon from time to time by the company. The said company
may locate, lay, construct, equip, maintain and operate its line or lines
of street railway, and its poles, wires, sub-ways, conduits, pipes, mains
and other fixtures and appliances necessary for the proper, full and con-
venient carrying on of the business of the said company on the roads,
streets, avenues, lanes, alleys and other public highways in said cities
and said counties, subject only to the consent or authorization thereof,
by the councils of said cities, and subject only to the consent of the
judges of the county courts of the said counties, who are hereby vested
with the power to grant said consent and authority.

§ 4. The said company hereby incorporated may transport passengers
and freight over the lines of its railway and collect fares and tolls for
the same, and may operate its railwav system by electricity or other avail-
able motive power, except steam. The said company may also acquire.
hy lease, purchase or otherwise, electric power for the purpose of con-
ducting its business, and may dispose of its surplus power by lease or
otherwise.

$5. The said company hereby incorporated may acquire, by lease.
purchase, by subseription to, or purchase of the capital stock, or otherwise.
the works, tracks. property. franchises, rights, privileges and immunities.
including the right to be a corporation of other like companies within the
limits aforesaid, now existing or hereafter incorporated, and may own,
buy, sell, lease, use, operate, maintain, and extend the same; and power is
hereby conferred upon other like companies to transfer, buy, sell or lease
all their works, tracks, property, franchises, rights, privileges, and immu-
nities, including the right to be a corporation, to the company hereby
incorporated, or to unite and consolidate with it upon such terms as may
be agreed upon by them.

§ 6. It shall be lawful for any corporation or company, and they gre
hereby empowered to subscribe for, purchase or otherwise acquire and
hold, or guarantee the stock or bonds of the said company hereby incor-
porated, and the said company hereby incorporated may sell, lease or
convey, in whole or in part, any of its property, rights, privileges and
franchises to any other such company.

§ 7. The said company hereby incorporated may take and acquire, by
purchase, lease, condemnation or otherwise, and hold or thereafter sell or
otherwise dispose of, land required for the right of way for its railways,
stations, yards, side-tracks, shops, power-houses and terminals, operating
facilities, plants and works. And the said company shall also have the
right to acquire, by purchase, and hold other lands, not execeding ten
acres in each of the said cities, nor more than one thousand aeres each
in the counties aforesaid. And it is hereby empowered and authorized
to hold the same and devote it to terminals, parks, pleasure grounds and
other uses, and to sell, lease, convey and encumber the same as may be
necessary or proper for the proper conduct of its business and the prose-
cution of its work, by deeds of bargain and sale and deeds of trust or
mortgages.

§ 8. The principal office of the said company shall be in the city of
Richmond, or in the county of Henrico.

§ 9. It shall be lawful for the said company, and it is hereby author-
ized and empowered to borrow money, make, execute, issue and sell or
negotiate its bonds from time to time for such sums and on such terms
and for such price as its board of directors may deem expedient and
proper for any of the purposes of the said company, and may secure the
payment of the said bonds by mortgage or deed of trust upon all or any
portion of its property—real, personal or mixed—its contracts. rights,
franchises, and privileges, including its franchise to be a corporation, and
it may, as the business of the company shall require, sell, lease, convey
and encumber the same. The said company shall have the right to lend
or otherwise invest its accumulated funds or surplus, to purchase and
own the shares or bonds of any other company or corporation, and to sell
or otherwise dispose of the same at its pleasure.

§ 10. The said company hereby incorporated is hereby empowered and
authorized to use on any portion of its line or lines of railway, the tracks
of any other railway company, with the consent of the said other rail-
way company, and may cross with its tracks either at, above, or below
grade, the tracks of any other railway or railroad company, and may
connect its track with the track of any other railway company: provided.
said connection can only be made with the consent of the said other raii-
way company and upon such terms as mav be agreed upon.

§ 11. The said company hereby incorporated is authorized and em-
powered to locate, construct, equip, operate, and maintain any lateral or
branch roads and tramways, not exceeding twenty miles in extent, and by
such route or routes as may be selected by its board of directors, ‘and the
said company may purchase or lease any such branch or lateral road
which may be constructed, together with all the rights, powers, property,
privileges and franchises appertaining thereto, and may pay for the
same with money or by issue of its stock, notes or bonds.

§ 12. Whenever the said company shall exercise any of the powers or
privileges herein granted, it shall be liable to the same taxes as may be
imposed by the law upon other corporations or persons exercising like
powers or privileges; and all taxes, debts or other demards against it
which may become due to the commonwealth of Virginia shall be paid in
lawful money of the United States.

§ 13. Work shall commence upon the construction of said company’s
street railway within two years from the passage of this act, and be com-
pleted within five years thereafter.

§ 14. This act shall be in force from its passage.