Chap. 296.—An ACT to authorize the Formation of the James Ro}
and New River Railroad Company.

Approved February 29, 1875.

1. Be it enacted by the general assembly of Virginia. Thu
it shall be lawful for the following named persons, namey
Jaines W. Marshall, Andrew McCartney, J. A. J. Lee, Jam
P. Crist, Spottswood Hawkins, M. P. Farrier, P. D. Grove
E. B. Wagoner, M. P. Spessard, Floyd Givens, G. W. Huteti
son, J. J. Allen, "William R. Beale, John W. Johnston, Capts
BE. P.W illiams, Doctor A. Logan, Charles H. Payne, J. 5
Wilson, Lewis Linkenhoker Martin McFerrin, Samuel £
Lybrook, Joseph H. Hoge, John C. Snidow, D. C. Moormat
Jacob Peters, James M. Spiller, James Wallace, Montgomers
Thomas, Charles Martin, Giles Henderson, John F, Cows
and G. C. Wharton, as commissioners, any ten of whom ac
ing, to proceed to and effect the organization of an ineary
rated company, to be kuown and entitled The James River
and New River Railroad Company yp which said compan
upon the formation thereof, in the manner herein provide:
shall be authorized to construct, maintain, and operate 3
railroad from some point on the James river, at or near te:
mouth of Craig’s creek, or at or near Buchanan, in
county of. Botetourt, by the moat practicable route througt
the county of Craig, to the most suitable point of connect!
with the New river railroad.

The capital stock of said James River and New Riv: i
railroad company shall not exceed two million dollars, tole
divided in shares of one hundred dollars each; cach aban
subscribed to be entitled to one voto in all meetings of said
company, and twenty-five thousand dollars shall be taken s¢
the minimum subscription on which’ said company may be
organized.

3. That the commissioners aforenamed, or a majority
those acting, may, proceed in such manner as they may deeu

lost expedient, to obtain subscription to the capital stock of
uid company; and it shall be lawful for any railroad or
lining and manufacturing or canal company of the state of
irginia, or of the state of West Virginia, to subscribe and
old stock in the said James River and New River railroad
ompany. It shall also be lawful for the counties of Bote-
vurt, Craig, Giles and Montgomery, in the state of Virginia,
| their corporate capacities, to subscribe to the capital stock
f the said James River and New River railroad company.
Vienever such subscriptions shall be authorized by a vote
f the people of such counties, as provided by the laws of
ye state of Virginia; and to make payment of any such sub-
‘viption so authorized, it shall be lawful for the said coun-.
vs to issue bonds, and to secure the payment of interest and
rincipal of the same by a special tax upon such subjects as
re taxable by the state of Virginia, sufficient to pay current
iterest thereon, and to provide a sinking fund adequate to
ne ultimgte discharge of the principal thereof at maturity.

4. The president and board of directors of said company
hull be elected in such manner and for such term of office,
nd the number of directors shall be such as the s stockholders
ay prescribe, and said company shall have authority to fix
heir principal office in Philadelphia or elsewhere, as they
my cleet: provided, however, that all meetings of stock-
olders shall be held in Virginia.

&. It shall be lawful for the James River and New River
ailroad company to issue bonds for an amount not exceed-
vg its subscribed capital, and to secure payment of the inte-
cst and principal of the same by a mortgage upon the pro-
uty. franchises, and so forth.

The «aid James River and New River railroad company
lay consolidate its stock, franchises and property with those
fany railroad, mining and manufacturing or canal company
{ Virginia or West Virginia, upon such terms as may be
sree upon by the two companies proposing to consolidate.

. The work on this road shall be commenced within two
ears and completed within six years.

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

nap. 297.—An ACT for the Relief of the Sureties of Samuel Trenary,
late Sheriff of ‘Frederick County.

Approved March 29, 1875.

1. Be it enacted by the gereral assembly, That the surcties
f Samuel Trenary, late sheriff of Frederick county, are
ereby released from the payment of damages ona judg-
ient in favor of the commonwealth against the said Trenary
nd his said sureties, in the circuit court of Richmond, for
e sum of eight thousand six hundred and ninety-one dol-
irs and seventy cents, with interest, and one thousand three
hundred and three dollars and seventy-five cents damage
and costs; but the said sureties shall not have the benefit o
this act unless they pay into the treasury, on or before th:
first day of September, eighteen hundred and seventy-six
all that remains unpaid of said principal, legal interest ani
costs, and the actual expense of collecting said judgment
provided, that this act shall not be construed asin any war
releasing the said-‘Samuel Trenary, late sheriff as aforesaid
from the payment of any damages adjudged against bim.
2. This act shall be in force from its passage.