Chap. 222.—An ACT to authorize the board of supervisors of the county o
mranklin, Virginia, to sell or to make such contract as they may deen
advisable for the transfer of the stock owned by the said county in th
Franklin and Pittsylvania Railroad Company, and to authorize the sale
board to appoint proxies to represent the stock owned by the said count!
in said railroad company in any meeting or meetings of the stockholders
of the said company authorizing the directors of the company to lease
or sell the said road.

Approved March 15, 1910.

Whereas, the Franklin and Pittsylvania Railroad Company was
chartered by an act approved March twelfth, eighteen hundred and sev-
enty-eight, entitled an act incorporating the Pittsylvania and Franklin
Railroad Company, to construct a railroad from some point on the main
line of the Washington City, Virginia Midland and Great Southern
Railroad Company, or any branch trerof, in the county of Pittsylvania,
to Rocky Mount, in the county of Franklin, which act authorized the
county of Franklin to subscribe two hundred thousand dollars to the
capital stock of the said company; and

Whereas, the said county did make such subscription and owns eight
thousand shares of the stock of the said company, at twenty-five dollars
par value each, which is practically all the stock of the said company;
and

Whereas, the said railroad was leased to the said Washington City,
Virginia Midland and Great Southern Railroad Company, which lease is
now held by the Southern Railway Company, and expires in April, nine-
teen hundred and fourteen; and

Whereas, it might be advisable for the said county to dispose of the
said stock, or for the said Franklin and Pittsylvania railroad to be leased
or sold ; now, therefore,

1. Be it enacted by the general assembly of Virginia, That the said
board of supervisers of the county of Franklin is authorized to sell the
said stock, privately or publicly, or dispose of the same in such manner as
may be deemed to the best interest of the said county, and the said board
is further authorized to appoint proxies to represent the said stock
owned by the said county in the said company in any stockholders’ meet-
ing of the said railroad company, with authority in the said proxies to
vote the said stock in such meeting or meetings for the purpose of leasing,
selling or otherwise conveying said railroad, with all its appurtenances,
franchises, equipment and other property of wiatever description, upon
such terms and conditions as shall be deemed advisable, and to the best
interest of the said county, by a majority vote of the said stockholders,
and to authorize the directors and officers of the said railroad company
to execute such lease or sale.