CHAP. 442.—An ACT to incorporate the Brosius and Bedford
City Steel and Iron Manufacturing Company.

Approved March 8, 1890.

1. Be it enacted by the general assembly of Virginia,
That John M. Brosius, of Atlanta, Georgia; W. W. Berry,
T. D. Berry, S. M. Bolling, R. B. Claytor, J. M. Berry, R.
K. Campbill, S. A. Berry, and W. S. McKenney, of Bed-
ford county, Virginia, and such others as may be asgo-
ciated with them and accept the provisions of this act, and
their successors, be, and they are hereby, created a body
politic and corporate under the name and style of the
Brosius and Bedford City steel and iron manufacturing
company, and by that name and style shall have all the
rights, powers, and privileges conferred by and be subject
to the provisions of the general laws of this state in refer-
ence to corporations and chartered companies, so far as the
same may be applicable and not inconsistent with the pro-
visions of this act.

2. The capital stock of said company shall not be less
than five hundred thousand dollars, but may be increased
from time to time by the board of directors to an amount
not exceeding five millions of dollars, and said board shall
divide the capital stock of said company into shares of
one hundred dollars each, and may sell the same at such
price as may be fixed and agreed to by them, and may in
their discretion receive pay for such shares in property or
money, and may issue shares of stock to represent the
enhanced value of their property. Certificates of stock
shal] be signed by the president of the company and coun-
tersigned by its secretary, and no stockholder shal! be lia-
ble on account of his stock further than for any unpaid
subscription he may owe thereon.

3. The persons named in this act, or such of them as
may accept its provisions and participate in its organiza-
tion, shall constitute the first board of directors of such com-
pany, who shall be invested with all the rights granted to
this corporation, and may elect such agents and officers as
they may determine to be necessary. They shall continue
in office until superseded by an election of officers in
stockholders’ meeting, and the stockholders may prescribe
such by-laws and regulations of the company as they may
deem proper or give the power to the board of directors to
do so. There shall be an annual meeting of the stock-
holders, to which the board of directors shall make their
report.

4, The said company shall have the right to acquire and
hold, by lease, purchase, or otherwise, such land, and also
coal or mineral lands, necessary for its business, in fee
simple or for a less estate, and to improve, sell, exchange,
lease, mortgage, or otherwise dispose of or encumber the
same. It shall have the right to borrow money, and give
mortgages or deeds of trust to secure the same. It may
build and operate furnaces and purchase any plant for the
manufacture of any article of every description made of
steel, iron, or other metal or mixture of metals, and any
article of wood or other material which it may deem neces-
sary. It may make a specialty of manufacturing the Bro-
gsius compound railroad rail and guard, iron and steel
bridges, and cut-stee] nails.

5. The said company may sell stock to any incorporated
company in this or any other state, and books of subscrip-
tion may be opened with or without natice, as the board
of directors may determine, and said board is authorized
at any time to receive subscriptions to the stock of the
company.

6. All taxes, dues, and demands due the commonwealth
of Virginia shall] be paid in lawful money and in no. other
thing whatsoever.

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

CHAP 443.--An ACT to enable the Norfolk and Washington
Steamboat company to improve lands along its route.

Approved March 3, 1890.

1. Be it enacted by the general assembly of Virginia,
That the Norfolk and Washington (District of Columbia)
steamboat company be, and are hereby, authorized to con-
struct at any points along their route on the shores of the
Potomac river, Chesapeake bay, Hampton Roads, and
Atlantic ocean, hotels and summer resorts, and to main-
tain, construct, equip, and operate lines of railroads not
exceeding fifty miles in length from such hotels and sum-
mer resorts, so as to unite, intersect, or join the said roads
with any railroad now built or constructed, or hereafter to
be built or constructed.

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

CuHap, 444 —An ACT to incorporate the Friendship Fire company,
No. 1, of Winchester, Virginia.

Approved March 8, 1890.

1. Be it enacted by the general assembly of Virginia,
That James M. Haymaker, Richard Osbourn, V. W. Striker,
Stewart A. Seabright, J. E. Correll, and their successors
and associates, consisting of such persons as now are or
may hereafter become members of the above named
Friendship fire company, number one, of Winchester, Vjr-
ginia, are hereby constituted a body politic and corporate,
by the name and style of the Friendship fire company,
number one, of Winchester, Virginia, and by that name
shall have perpetual succession and a common seal, may
contract and be contracted with, sue and be sued, may
acquire, receive, hold, possess and enjoy, and may rent,
sell, convey, invest and otherwise manage and dispose of,
as to them may seem most conducive to the interest of
said company, all lands, money or other property, real or
personal, which may have been or may be hereafter given
to them or otherwise acquired for the use of said company:
provided, that a unanimous vote of the trustees herein-
aboved named for the time being, and their successors,
shall be required to authorize the sale or mortgage of any
real or personal property belonging to said company, and
the said trustees and their successors shall hold office no
longer than they shall remain members of said company
or until their successors shall enter upon the discharge of
their duties as trustees.

2. The amount of land so held by said trustees for per-
manent use shall not exceed one acre, and the sum of
money and value of personal property acquired and held
as above shall not exceed ten thousand dollars.

3. The said trustees above named shall hold their office
until their successors are duly elected under the provisions
of the by-laws adopted by said company, and shall be sub-
ject to all other provisions of said by-laws.

4. The said board of trustees may exact bonds with good
security from such officers of said company, and in such
penalties as may be required by the by-laws of said com-
pany, with condition for the faithful discharge of their
duties.

5. This act shall be in force from its passage, and shal]
be subject to amendment, modification, or repeal, at the
pleasure of the general assembly.

CHapP. 445.—An ACT to authorize the board of aupery iste of
Roanoke county to refund certain taxes erroneously collected
from G. W. Howbert.

Approved March 8, 1890,

Whereas it appears that George W. Howbert has paid
into the treasury of Roanoke county the sum of one hun-
dred dollars and sixty-five cents tax on land which then
and now lies in the city of Roanoke:

1. Be it enacted by the general assembly of Virginia,
That the board of supervisors of Roanoke county be, and
are hereby, authorized and empowered to repay to George
W. Howbert said sum or any part thereof.

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