Chap. 969.—An ACT to ratify, confirm, and amend the charter of the Norfolk
electric company.

Approved March 7, 1900.

Whereas the corporation court of the city of Norfolk, did, on the
fifteenth day of November, in the year eighteen hundred and ninety-
nine, grant a charter of incorporation to the Norfolk electric company
which was duly lodged and recorded in the office of the secretary of the
commonwealth as follows:

Virginia:

Tn the corporation court of the city of Norfolk.

This dav came A. P. Warrington, D. lL. Goldman, Charles W. B. Lane,
Max If. Biernbaum. and Joseph Weinman, who have duly made, signed,
and acknowledged the certificate in writing hereto attached and pre-
sented the same to the court. Upon reading and maturely considering
said certificate and the application therein made, the court doth ad-
judge, order, and decree that a charter of incorporation be, and it is
hereby, granted to the said A. P. Warrington, D. L. Goldman, Charles
W. B. Lane, Max H. Biernbaum, and Joseph Weinman upon the fol-
lowing terms and conditions, that is to say:

First. That said A. P. Warrington, D. L. Goldman, Charles W. B.
Lane, Max Hl. Biernbaum, and Joseph Weinman, and their successors
and assigns, and such other persons as may hereafter be associated with
them shall be, and they are hereby, granted and constituted a body
politic and corporate, under and bv the name of the Norfolk electric
company, and by that name and style shall have perpetual succession
and a common seal, which it may alter and change at its pleasure, and
by said name it may sue and be sued, implead and be impleaded, con-
tract and be contracted with, purchase, hold, and grant estate, real
and personal, and be vested with all the rights and privileg
ing to incorporated companies, under the laws of the stat
and of the United States, subject to all the restrictions 1
such bodies by the general assembly of the state of Virgin
have the right and privilege to make by-laws and regulation
with the laws of the state of Vi irginia and of the United Si
government of all of its affairs.

Second. The said company is formed for the purposes, a
is hereby granted to it to establish, construct, build, lease,
acquire, and to operate and maintain in the city of Norfe
or the county of Norfolk, Virginia, or both, and in am
town, or village in the said county, suitable works for the
of electricity, “and for the sale and distribution of the san
and private illuminations, for heating and power, and for
for which same may be used for, and to contract with m
corporations, firms, and individuals in respect thereto,
have the power to do such acts and things as are conve
vantageous in connection with, or incidental to the enjoy
powers hereinabove conferred, and may, with the consent o|
of the city of Norfolk, Virginia, use the streets, highways,
public parks and squares of said city, and may, with th
the board of supervisors of the county of Norfolk, use
highways, avenues, and public parks and squares of sat
laving its pipes or conduits, and making connection there
erecting its pole or poles and stringing wires thereon, an
its wires in said pipes or conduits.

Third. The capital stock of said company shall be r
twenty-five thousand dollars, nor more than three hund
dollars, to be divided into shares of one hundred dollars ¢

Fourth. The amount of real estate proposed to be held
pany shall at no one time be more than twenty acres.

Fifth. The principal office of said company is to be key
of Norfolk, Virginia.

Sixth. The principal business to be transacted by said c¢
be that set forth in paragraph two (2) above.

Seventh. The names and residences of the officers who.
vear, are to manage the affairs of the said company are
namely: President, A. P. Warrington, of the citv of Norf
vice-president, D. L. Goldman, of the city of Norfolk, Vi
tarv, Charles W. B. Lane, of the citv of Norfolk, Virgin
Max H. Biernbaum,. of the city of Philadelphia. Pennsvlva
directors, A. P. Warrington, of the city of Norfolk, Vi
Goldman, of the city of Norfolk, Virginia; Charles W. B.
city of Norfolk, Virginia; Joseph Weinman, of the city of
Pennsylvania ; Max H. Biernbaum, of the city of Philadel
vania.

Eighth. All meetings of the stockholders and directors
pany shail be held at such times and places as the boar
mav, from time to time, determine.

Ninth. The said company shall have power, and is hereh
from time to time, to borrow such sum or sums of money a
useful and proper for its purposes, and for such loan or loans it may
issue its bond or bonds, register or coupon, payable at such time or
times, and in such amounts as said company or its board of directors
may determine; and the said company may secure the same by a deed
of trust or deeds of trust, or mortgage or mortgages, on any or all of
its property, rights, and franchises.

Tenth. The board of directors shall have the management and con-
trol of the business affairs of the company, and shall, during the first
year of the incorporation of the company, fill any vacancies which may
occur in the oflices or in their own body from resignation, death, or
failure to act.

Kleventh. The said company shall pay in current money of the
United States, all its taxes and other demands against it due the said
state of Virginia; and

Whereas it is deemed desirable to have ratified, confirmed, and
amended said charter and to reduce the maximum capital stock of said
company from three hundred thousand dollars to one hundred thousand
dollars; therefore,

1. Be it enacted by the general assembly of Virginia, That the
said charter of the Norfolk electric company be, and the same is hereby.
ratified and confirmed.

2. That the maximum capital stock of said company shall be, and the
same is, reduced from three hundred thousand dollars to one hundred
thousand dollars, which said one hundred thousand dollars shall be
the maximum capital stock of said company, and is to be divided into
shares of one hundred dollars each.

3. That the Norfolk electric company shall have the right and privi-
lege to consolidate or merge with any other company incorporated
under the laws of the state of Virginia, which is incorporated for the
same, similar, or lke purposes, or anv one or more of them for which
sald Norfolk electric company was formed, and when so consolidated
or merged, the company with which it may so consolidate or merge.
shall have, possess, and enjoy all the rights. contracts, agreements.
privileges, powers, and authority of said Norfolk electrie company, and
be subject to all its debts and hahilities.

4, All taxes and other demands due the said state of Virginia bv
said company shall be paid in current money of the United States, and
not im coupons.

5. The said Norfolk electric company shall have the right and _privi-
lege to use the streets, highways, avenues, public squares and parks of
the city of Norfolk, when permission for the same shall have been
granted to it by the councils of the said city.

6. This act shall be in force from its passage.