An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1867 Extra Session |
---|---|
Law Number | 98 |
Subjects |
Law Body
Chap. 98. —An ACT to amend and re-enact an act entitled an act for the
reLet of the Winchester and Potomac Railroad Company, passed Feb-
ruary 22d, 166.
Passed April 25, 1867.
1. Be it enacted by the general assembly, That the act
passed February twenty-second, eighteen hundred and sixty:
six, entitled an act for the relief of the Winchester and Po-
tomac railroad company. be‘amended and re-enacted to read
as follows:
“Whereas, the Winchester and Potomac railroad company
have, by reason of the lite war, sustained the loss of ail its
buildings, rolling stock and other property, and a portion of
the roadway itself, besides the use of the road trom the com:
mencement of the war: Therefore,
“$1. Be it enacted by the general assembly, That it shail
be lawful for said.company to pay into the treasury of the
commonwealth, on or betore the first’ day of January. eigh-
teen hundred and sixty-eight, the sum of eighty-three thou-
sand three hundred and thirty-three and one-third dollars
(the principal sum owing), together with all interest due
theron, such payment to be made in any bonds of the state.
at their par value; and upon such payment being made, the
claim of the state against said company shall be lifted and
discharged.
“§ 2. In case the said company find it necessary to borrow
money for the purpose aforesaid, upon the terms of securing
such loan by a subrogation of the lender to the lien of the
state for the amount advanced, then the treasurer of this
commonwealth is hereby authorized and required, upon the
request of the president of said company. to assign and
transfer the lien now held by the commonwealth to such
lender, for so much as he may-advance and interest, and re-
lease the residue of the debt, but without any recourse to the
state.”
2. This act shall be in force from its passage.