CHAP. 477.—Au ACT to amend and re-enact section 4 of an act
incorporating the Farmville and Powhatan railroad company,
approved March 3, 1884, and also toamend and re-enact sections
6 and 10 of said act, approved March 5, 1888.

Approved March 3, 1890.

1. Be it enacted by the general assembly of Virginia,
That section four of an act incorporating the Farmville
and Powhatan railroad company, approved March third,
eighteen hundred and eighty-four, and also sections six and
ten of said act as amended and re-enacted by an act ap-
proved March fifth, eighteen hundred and eighty-eight, be
amended and re-enacted so as to read as follows:

84. The capital stock of the company shall not exceed
one million dollars, to be divided into shares of the par
value of one hundred dollars each, and said stock may be
all common or such part or parts preferred as said com-
pany may from time to time determine. Each share of
stock shall be entitled to one vote: provided, however,
that if said company shall construct any of the extensions
or branch roads hereinafter authorized by section ten of
this act, it shall be, and it is hereby, authorized to increase
its capital stock from the said sum of one million dollars
to an additional sum not exceeding fifteen thousand dol-
lars per mile for each mile of such extensions or branch
roads as it shall construct. :

86. The counties of Prince Edward, Charlotte, and any
other counties in the state through which said railroad or
any extension of the same or any branch road which it
may construct under the authority conferred upon it here-
inafter by section ten, shall be constructed, or proposed to
be constructed, may subscribe to the capita] stock of said
company under the following restrictions: The amount
of the subscriptions to the capita] stock of said company
shall be three thousand doliars per mile foreach and every
mile proposed to be constructed within such county. The
said railroad company shall state in open court the maxi-
mum number of miles proposed to be built within such
county, and also as nearly as possible the location of the
termini of the section of the railroad within such county
when applying to the court for an order to submit to the
people the question of subscription; and polls shall be
taken in such county by the judgesof election of such
county in the manner set forth in sections twelve hundred
and forty-three and twelve hundred and forty-four of the
code of Virginia of eighteen hundred and eighty-seven ;
and if it shall appear by the report of the board of com-
missioners appointed for the purpose that three-fifths of
the qualified voters of such county voting upon the ques-
tion at such election are in favor of such subscription and
that said three-fifths includes a majority of the votes cast
by freeholders of such county at such election the county
court of such county shall, at its next session, enter of
record an order requiring the supervisors of the county to
attend on a day and at a place designated in the order to
carry out the wishes of the voters as expressed at said elec-
tion. Thereupon the said board of supervisors shall ap-
point an agent or agents to make the subscription. The
principal of said bonds shal] become due in thirty years
from the date of their execution, and the rate of interest
shall be six per centum per annum, payable semi-annually,
both interest and principal to be made payable at some
bank in thecity of Richmond. Said bonds shall be signed
by the chairman of the board of supervisors and attested
by the clerk of the county court; and upon the comple-
tion of the grading of each mile of road within the limits
of such county, of which the certificates of the president
and chief engineer of said railroad company, verified un-
der oath, shall be accepted as conclusive evidence, there
shall be delivered to said Farmville and Powhatan rail-
road company, in bonds of such county, the sum of three
thousand dollars per mile for such graded miles, and upon
the delivery to it of the same the Farmville and Powha-
tan railroad company shall deliver to such county certifi-
cates of stock of said railroad company for an amount at
its par value equal to that of the bonds delivered.

§10. The said company shall have power to construct,
maintain, and operate extensions and branch roads, not
exceeding fifty miles in length, from the main line of the
aforesaid railroad, including the Brighthope railroad,
which has been purchased by it, or from any point or
points thereon. After the completion of its main line to
Farmville, the said company shal] have authority at any
time to construct, maintain, and operate an extension of
its main line from its terminus in the town of Farmville,
through this state to any point on the boundary lines of
the states of Kentucky or Tennessee.

2. All acts inconsistent herewith are hereby repealed so
far as the same are inconsistent with this act. .

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