Chap. 238.—An ACT to authorize the board of sinking fund commissioners to ac-
cept seventy-four (74) shares of preferred stock and seventy-four (74) shares of
common stock, (share trust certificates) of the New England Oil Refining
Company, in full discharge of all claims of the Commonwealth of Virginia
against the New England Oil Corporation, and to authorize the auditor of
public accounts to issue to the receivers of the New England Oil Corporation
a receipt in full discharge of such claims. ti B 168]

Approved March 14, 1924.

Whereas, the New England Oil Corporation, organized under the
laws of the Commonwealth of Virginia, has been placed in the hands of
receivers by the district court of the United States for the district of
Massachusetts; and, .

Whereas, the said corporation was indebted to the Commonwealth
of Virginia for registration fee and franchise taxes for the year nineteen
hundred and twenty-three, in the sum of seven thousand three hundred
and twenty-five ($7,325.00) dollars, proof of which claim was duly filed
with the receivers by the auditor of public accounts; and,

Whereas, the cash in the hands of the receivers was not sufficient to
pay the costs of the receivership proceedings; and,

Whereas, the district court of the United States for the district of
Massachusetts directed the receivers to transfer the entire assets of the
said corporation to the New England Oil Refining Company, and to
deliver seventy-four (74) shares of preferred stock and seventy-four (74)
shares of common stock, (share trust certificates) of the New England
Oil Refining Company to the Commonwealth of Virginia, upon receipt
from the Commonwealth of Virginia within six (6) months from the
twenty-fourth day of September, nineteen hundred and twenty-three,
of a discharge in full of all claims against the New England Oil Corpor-
ation.

1. Be it enacted by the general assembly of Virginia, as follows:

The board of sinking fund commissioners of Virginia 1s hereby
authorized to receive from the receivers of the New England Oil Corpor-
ation seventy-four (74) shares of preferred stock and seventy-four (74)
shares of common stock (share trust certificates) of the New England
Oil Refining Company, and immediately upon receipt of the same to
notify the auditor of public accounts who shall issue to the said receivers
a receipt which shall be a discharge in full of all claims of the Common-
wealth of Virginia against the said New England Oil Corporation. The
board of sinking fund commissioners shall hold the said stock as other
stock belonging to the Commonwealth of Virginia is now held by said
board.

2. Anemergency existing, this act shall be in force from its passage.