_Chap. 80.—An ACT to incorporate the Virginia Manganese Company.
Passed January 17, 1867.

- |. Be it enacted by the general assembly of Virginia, That
N. H. Massie, John 8. Davis, J. L. Cabell, F. H. Smith, B. C.
Flannagan, A. P. Abell, William Bayne, Phillip J. Chappell
Alexander Gould, Jr.. W. H. Ryan, Charles E. Wethered, J.
W. Payne, W. W. Flannagan, L. R. Snead, and their asso-
siates and successors, are her@y created and constituted a
body politic and corporate, by the name and style of The
Virginia Manganese Company, for the purpose of exploring,
digging, boring, mining and raising metals and mineral sub-
stances, and for the manufacture ofall the products resulting
from the same, and the purchasing and holding real estate or
lands, ore banks, mines and personal property, and for the
erection of houses, mills, factories, tanneries and aJl necessary
roads for the use of said company, tor the transportation of
metals and minerals, and the products of the same, in the
counties of Augusta, Rockbridge and other counties in the
state of Virginia; and by that, namie and style shall have
perpetual succession; may contract and be contracted with,
sue and be sued, plead and ~be impleaded in all courts and
places, have a common seal and all the rights and privileges
of a corporation, and be subject to all the rules, regulgtions
and restrictions imposed by the Code of Virginia i in relation
to joint stock companies, so far as they are applicable to and
not inconsistent with the provisions of this ‘act.

2. That the capital stock of said company shall not be less
than fifty thousand dollars, nor more than five hundred thou-
sand dollars, to ie divided into shares of one hundred dollars
each.

3. That the company shall have authority to make, from
time to time, such by-laws and regulations as it may deem
necessary or proper for the management of its affairs, may
fix the number of its directors, and may hold its meetings in
either Charlottesville, Baltimore and New York, or ‘else-
where, as a majority of the directors may determine; and in.
all general or special meetings of the company, the stock-
holders present, in person or by proxy, shall be entitled to
a vote on each share of their stock. |

4. That the company may construct. a tram railroad, to
connect with the Virginia Central railroad, or the James
river canal, at the most convenient point to the company’s
works, shops, mines or mills, but shall not pass through the
lands of any person without the consent of the owner.

5. That it shall be lawful and right for the company to
establish the necessary offices for their works, where such
works may be located, and have their principal office at
Charlottesville, Virginia, and if deemed expedient, branch
offices in New York or Baltimore; at which branch offices,
~ yeu as principal office, general or special meetings may be

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6. This act shall be in for ce from its passage, and shall be
subject to amendment, alteration, modification or repeal, at
the pleasure of the general assembly.
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