Chap. 111.—An ACT to amend an act incorporating the Potomac Rail-
road Company, passed February 21st, 1867.

Parsed April 26, 1867.

1. Be it enacted.by the general assembly, That the act en-
titled an act incorporating the Potomac railroad company,
passed February twenty-first, eighteen hundred and sixty-
seven, be amended and re-enacted so as to read as follows:

“$1. Be it enacted by the general assembly, That Elliott
M. Braxton, John L. Marye, Jr.. R. W. Wheat, Hugh Ham-
mill, B. G. Baldwin, Claiborne B. Mason, W. R. Johnson,
Jr, HW. P. Mason, W. W. Finney and Benjamin F. Ficklin,
their associates and successors, shall be and are hereby cfeated
a corporation, by the name of The Potomac Railroad Com-
pany, for the purpose of constructing a railroad from some
point on the Richmond, Fredericksburg and Potomac railroad,
at or near Fredericksburg, to the city off Alexandria.

Ҥ 2. The capital stock. of the company shall not exceed
two millions of dollars, and shall be divided into shares of
one hundred dollars each. When one hundred thousand dol-
lars thereof are subscribed, the subscribers may organize the
company and exercise the functions of a corporation, in ac-
cordance with the provisions applicable thereto in the Code
and statutes of Virginia.

Ҥ 3. And the directors of said company, or a majority of
them, shall, by and with the consent of the stockholders in
general meeting assembled, have power to borrow money for
the purpose of this act, and* to issue proper certificates of
such loans and ‘to pledge the property of the company, by
mortgage or otherwise, tor the payment of the same and the
interest that may accrue thereon.

“) 4. This act shall be in force from its passage.”