Chap. 202.—An ACT relating to the Improvement of the Great Kanawha
river.

Passed February 16, 1867.

1. Beit enacted by the general assembly of Virginia, That
any lien which this state may have upon. the Great Kanawha
mprovement or river, shall be transferred to any company
which may be organized under the laws of West Virginia,
(Oo improve the navigation of said river, upon the delivery of
registered stock of this state to the amount of eighty thou-
sand dollars, that being the amount of said lien, and the
Board of public works are hereby directed to make the ne-
cessary transfer, upon the delivery to them of said amount
of stock, to be cancelled.

2. The Board of public works.are hereby directed to in-
struct the proxies representing thts state, in a general meet-
ing of the stockholders of the James river and Kanawha
company, to vote for a resolution transferring to any com-
pany, chartered under the laws of West Virginia, for the
improvement of the navigation of the Great Kanawha river,
all the rights, interests, franchises and property of the James
river and Kanawha company in and to said river: provided,
that in the event that the James river and Kanawha company,
or its successors, shall construct the water-line from James
river to the Kanawha river, or a railroad to connect the canal
with the said Kanawha improvement; or if the James river
and Kanawha company, in association with any other com-
pany, shall construct such water-line or railroad, then the
said James river and Kanawha company, or its successors,
or the James river and Kanawha company and its associates,
as the case may be, shall have the right to a retransfer of the
Kanawha improvement, upon payment of its value, to be
ascertained by valuers to be chosen by the parties, who shall
also determine the time and manner of payment, unless~the
Kanawha river company shall prefer to become a part of the
James river and Kanawha company, or its successors; or it
the said company and its associates, for the construction of
the said water-line or railroad; in which évent it shall have
the right to do so, putting in its work at its value, to be as-
certained in the manner aforesaid.

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