Chap. 421.—An ACT to incorporate the River View railway com-
pany.

Approved March 3, 1890.

1. Be it enacted by the general assembly of Virginia,
That E. D. Starke, S. Hirsh, William Ellyson, N. R. Sav-
age, D. Mitteldorfer, Julius Strause, E. A. Saunders, James
B. Harvie, Henry S. Hutzler, R. B. Chaffin, William Loven-
stein, and John C. Easley, and such other persons and cor-
porations as they may associate with them and their succes-
sors, be, and they are hereby, made andconstituted a body
politic and corporate by the name of the River View rail-
way company, and shall have all the powers, rights and
franchises necessary or proper for the purpose of locating,
constructing, equipping, maintaining and operating a rail-
road, with such number of tracks as they may desire, from
a point on Meadow (some times called Robinson) street,
in the county of Henrico, Virginia, at or near either Main
street or Ashland street; extending thence southwardly
along said Meadow street to Powhatan street; across the
paid Powhatan street in a southerly direction to River
View, entering the said plan of River View by Meadow
street (as shown on said plan of River View) with right
to build and operate any branches or extensions within the
said plan of River View as aforesaid: provided, said com-
pany shall not occupy any street or public highway with-
out authority of the county court of Henrico, or to run
from some point near Main or Ashland street on any street
east of said Meadow street and thence southwardly into
the said plan of River View.

2. Any seven of the corporators hereinbefore named may
organize the company by electing a president and board of
directors, and may elect and appoint such other officers as
may be necessary for the proper management of said com-
pany’s affairs, and thereupon they shall have and exercise
all the general powers and functiors of a corporation, and
be subject to all the restrictions imposed by the laws of
the state applicable to such improvement companies, except
so far as the same may be changed or modified by this act.

3. The said company shall have authority to acquire, by
purchase, condemnation, or otherwise, such Jands as may
be necessary to enable them to construct and operate this
road as aforesaid, and in prosecuting their work to build
their road, or any part thereof, of any gauge or descrip-
tion, single or. double track, and to operate the same by
steam, electricity, horse or any other motive power in such
manner as the said company may determine and decide
as best for their interest, and to lease motive power from:
other companies.

4. The capital stock of this company shall be not less
than one thousand nor more than one hundred thousand
dollars, to be divided into shares of the par value of one
hundred dollars each, and such stock may be all common,
or such part or parts preferred, as said company may from
time to time determine. Each share of stock shall be en-
titled to one vote.

5. It shall be lawful for said company to acquire in sub-
scription to the capital stock of said company or by dona-
tions, money, lands, land or other damages, work, labor,
materials, property, bonds or other means available for
their purposes, and to receive subscriptions from individ-
uals, other companies, associations or corporations; and
the said company may sell, lease or otherwise dispose of
any lands or properties acquired under this section.
6. That any city, town, county or corporation may sub-
scribe to the capital stock of said company in the manner
and under the restrictions prescribed by the statutes of
Virginia.

7. The directors of said company may open the books
for subscription of stock from time to time, as they may
deem expedient, until the stock is fully taken; and instal-
ments on original subscriptions of stock as well as those
afterwards received, shall be paid at such times and
places, and in such amounts, as said directors may pres-
scribe.

8. The directors may receive in payment of any sub-
scription for stock in said company any property adapted
to the construction, operation, or maintenance of said
road, or may receive all or any part of such subscription
in services, labor or materials.

9. The directors shall have power to issue bonds in sums
of one hundred dollars and multiples thereof, and bearing
interest not exceeding the rate of six per centum per
annum, the principal and interest of which shall be pay-
able at such times and places as the board of directors
may determine; and may secure the same by one or more
mortgages or deeds of trust on the road, franchises, income
and the real, personal and mixed property of the company,
or such part or parts thereof, as may be designated in the
mortgages or deeds of trust; and may sell such bonds at
such discount as may be thought best for the benefit of
the company; and said board of directors may confer on
any bondholder of said company the right to convert the
principal due or owing on such bond into stock of said
company at any time, and said board of directors may from
time to time retire any of the capital stock of the company
as may be deemed best for the interest of said company.

10. Said company shail have the power to construct,
maintain and operate branch roads from any point or
points on their main line.

11. For the purpose of forming a continuous line of rail-
road to be operated under one management, the said com-
pany may consolidate with any other railroad, for which
purpose they may buy stock or bonds of any other corpor-
ation, and in case of consolidation as aforesaid, such united
or consolidated company may have and exercise all and
singular the powers, rights, privileges, and franchises
granted to the said River View railway company under
and by virtue of the laws of this state.

12. That the said company by acceptance of this charter
hereby agrees to pay all taxes, dues, and demands due the
atate that may hereafter be assessed against it in lawful
money of the United States and not in coupons.

13. The construction of said road shall be commenced
within two years and be completed within five years after.
the passage of this act.
14. This act shall be in force from its passage.