CHAP. 259.—An ACT to incorporate the Jefferson Davis Monu-
ment Association.

Approved February 17, 1890.

Whereas, it appears to the general assembly that an
organization known as the Jefferson Davis monument
association has been formed for the purpose of raising,
by subscription and contribution, a fund to erect in the
city of Richmond a monument to the memory of Jeffer-
son Davis, and also to provide a suitable resting place for
his remains; and whereas it also appears that the said
organization has elected the following officers, to-wit: J.
Taylor Ellyson, president; Lewis Ginter, vice-president ;
D. C. Richardson, N. V. Randolph, George L. Christian,
P. H. Mayo, and Peyton Wise, directors; W. D. Chester-
man, secretary, and John 8. Ellett, treasurer ;

1. Be it therefore enacted by the general ‘assembly of
Virginia, That the said J. Taylor Ellyson, Lewis Ginter,
D. C. Richardson, N. V. Randolph, George L. Christian,
P. H. Mayo, Peyton Wise, W. D. Chesterman, John S.
Ellett, P. W. McKinney, J. Hoge Tyler, R. H. Cardwell, J.
C. Dickerson, T. P. Campbell, John B. Purcell, H. B. Talia-
ferro, R. A. Patterson, W. P. Smith, E. P. Reeve, John L.
Williams, and their successors in office and associates, be,
and they are hereby, constituted a body politic and cor-
porate, under the name and style of the Jefferson Davis
monument association, and by that name and style shall
be subject to all the provisions, and entitled to all the
rights, powers, privileges, and immunities prescribed by
existing laws, in so far as the same are applicable to like
corporations and the purposes of said association, and not
inconsistent with this act.

2.-The said association shall have power to provide for
representation in its general meetings and elections of the
individual subscribers to the fund raised by subscription ;
to increase or diminish the number of its officers; to
change their designation and prescribe their duties; to
appoint collecting or other agents necessary for the accom-
plishment of its objects and to hold them to a strict ac-
countahility; to require of its said agents or any of its
receiving or disbursing officers bond with security, con-
ditioned for the faithful performance of their duties; and
to make all needful by-laws and regulations for the man-
agement of its property and the due and orderly conduct
of its affairs which are not inconsistent with the laws of
this state.

3. It shall be lawful for said association to raise and
receive by subscription, contribution or bequest, such sum
of money as may be necessary for its purposes, and to
acquire, by purchase or gift, a lot of land within the cor-
poration limits of the city of Richmond, not to exceed
one square as laid out in the plan of said city, and to hold
and improve the same for the purpose of this association.
Any lot of ground which may be acquired under this sec-
tion shall be held sacred to the purposes of the said asso-
ciation as recognized in this act, and such kindred objects
as the association may from time to time adopt and which
may not be inconsistent with the laws of this state.

4. If the said association shall determine not to acquire
a separate lot in the city of Richmond for the location of
the proposed monument, then it shall be lawful for the
yaid association to erect the said monument on some pub-
lic square or park in said city as may be agreed upon
between it and the proper authorities of said city.
5. It shall also be lawful for said association to provide
a final resting-place for the remains of Jefferson Davis,
with the assent of the members of his immediate family,
either at the place at which said monument may be erected
or at some other place within the limits of this state, with
the privilege of making provision for the interment of
other members of his family at the same place, as the
association may direct.

6. If from any cause the said association shall cease to
exist, and not be revived within a reasonable time, the
property which may be acquired by it within the state
shall revert to the commonwealth of Virginia, and be held
sacred to the purposes for which it shall have been origin-
ally acquired.

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

CuHaP. 260.—An ACT to incorporate the Roslyn, Arlington,
Alexandria and Mount Vernon railroad and street railway
company.

Approved February 17, 1890.

1. Be it enacted by the general assembly of Virginia,
That George R. Wales, John T. Hill, John F. Guy, C. C
Carlin, and J. F. Carlin, with their associates, successors,
and assigns, are hereby created a corporation by the name
of the Roslyn, Arlington, Alexandria and Mount Vernon
railroad and street railway company, with power to locate,
construct, equip, maintain, and use a railroad to be ope-
rated by horse, electricity, steam, cable, or other motive
power, commencing at a point on the Potomac river at or
near the town of Roslyn, in Alexandria county, or at any
point within five miles of said town, running thence to
any point or points not more than twenty-five miles dis-
tant from the starting point, in the counties of Loudoun,
Alexandria, Fairfax, and Prince William, and from any
point in any of said counties to any other point within
twenty-five miles from said starting point, by such route
or routes as may be deemed most advisable by the direc-
tors of said company: provided, that if said road shall
cross the Mount Vernon avenue, such crossing shall be
above or below the grade thereof; and provided, further,
that said company shall not enter upon the lands of the
Mount Vernon ladies’ association of the union without
the consent of such association.

2. The said company is authorized and empowered to
construct, equip, maintain, and use a railway to be ope-
rated with horse and mule, or other power than steam,
with single or double tracks, and to run cars thereon for
the conveyance of passengers, United States mails, and
property upon and over such streets of the town of Alex
andria, Virginia, as the city council of said city may per-
mit, and to any paint outside of said city of Alexandria
not further than ten miles, and the portion of said rail-
way outside of said town may be operated by steam or
other motive power.

3. The capital stock of said company shall not be less
than five thousand dollars, and may from time to time be
increased toan amount not exceeding three million dollars
by the issue and sale of shares, the par value of which
shal] not be less than fifty dollars from time to time,
under such regulations as the board of directors of said
‘company shall from time to time prescribe; and the dircc-
tors may receive cash, labor, material, real or personal
property in payment of subscriptions to the capital stock
at such valuation as may be agreed upon between the
directors and the subscribers, and may make such sub-
scriptions payable in such manner or amounts and at such
times as may be agreed upon with the subscribers.

4. It shall be lawful for said company to borrow money
and issue and sell] its bonds from time to time for such
sum and on such terms as its board of directors may deem
expedient and proper in the prosecution of any of its
work ; and may secure the payment of said bonds by mort-
gages or deeds of trust upon its property, contracts and
chartered rights and franchises, and it may, as the busi-
ness of the company may require, sell, lease, convey and
encumber the same.

5. It shall be lawful for said company to subscribe for
and hold shares in the capital stock of any mining or man-
ufacturing company or corporation, and any mining or
manufacturing or other company or corporation may lease
or operate the road and property of the said company,
or guarantee or hold the stock or bonds of said company.

6. The said company may connect or unite its road with
that of any other company or consolidate and merge its
stock, property, and franchises with those of any other
company operating or authorized to operate a connecting
line of railroad, and for that purpose power is hereby
given to it and to such other company or companies to
make and carry out such contracts as will facilitate and
consummate such connection, merger or consolidation.

7. The said company may acquire by condemnation, ac-
cording to the laws of Virginia, the lands required for the
right of way of its railroad, and the necessary stations and
depots for its operation, and may connect or unite its rail-
road with that of any other railroad company.

8. The persons first named in this act, or such of them
as shall accept the provisions thereof, shall have the power
and authority of a president and board of directors for the
purpose of organization and for all other purposes. They
shall continue in office until their successors are elected
and qualified. Each stockholder at all meetings and elec-
tions shall be entitled to one vote for each share of stock
registered in his name. __

9. The board of directors shall be stockholders of said
company. They shall appoint one or more of their num-
ber president and may fill any vacancy that may occur in
said board, unless by removal, in which case the same shall
be filled by the stockholders in general meeting. When-
ever ten per centum of the capital stock shall have been
subscribed and the board of directors shal] have elected a
president, said company shall be considered legally organ-
ized and may proceed to the transaction of business.

10. The board of directors may establish offices and
agencies at such places as they may deem proper, but the
principal office of the company shall be in Virginia.

11. All taxes upon said company shall be paid in lawful
money of the United States and not in coupons.

12. This act shall be in force from its passage, but the
general assembly of the state of Virginia reserves to itself
the right to modify, alter or repeal this act at any time
hereafter.