CHAP. 72.—An ACT to incorporate the Washington and Mount
Vernon railway company.

Approved January 21, 1890.

1. Be it enacted by the general assembly of Virginia,
That Eppa Hunton, L. Q. Washington, James H. Hopkins,
Myron M. Parker, George Trusdell, E. Kurtz Johnson, A.
A. Thomas, William H. Payne, Page McCarty, Peyton
Wise, Samuel H. Lunt, and William Clark, their associates
and successors, be, and they hereby, are created a body
politic and corporate under the name, style, and title of
“The Washington and Mount Vernon railway company,”
and as such shall have perpetual succession; they shall
have thé right to adopt and use a common or corporate
seal, and the same to change at pleasure; they shall have
the right to sue and be sued, plead and be impleaded, con-
tract and be contracted with, to take, hold, use, and con-
vey real and personal estate, and generally to have all the
powers and privileges incident and useful to corporations
of the like nature.
2. The said company shall have the right to build and
naintain a railroad from a place in Alexandria county,
Virginia, at or near the end of the bridge which crosses
he Potomac river known as the Aqueduct bridge, and
hence by such route as said company may determine to
he vicinity of Mount Vernon. in the county of Fairfax, in
the state of Virginia, with such switches and sidings as
may be needed; said railroad to be operated by animals,
lectricity, steam or such motive power as the company
may deem most advantageous.

3. The right of way to be acquired by said company in
the usual methods of purchase, condemnation, or release
shall not exceed fifty feet.

4. Said company shall also have power to acquire such
terminal facilities as may be needed for its uses, and
also such ground for stations, stables, and offices as it may
require.

5. The capital stock of said company shall consist of one
hundred thousand dollars, divided into shares of one
hundred dollars each, with the privilege to said company,
upon a majority vote of its. stockholders, to increase the
same to an amount not exceeding five hundred thousand
dollars.

6. The corporators shall, after giving ten days’ notice in
@ newspaper printed in the city of Alexandria, by them-
selves or under the superintendence of such persons as
they may appoint, open books for subscription to the
capital stock of said company, and if necessary shall keep
the same open from day to day until the requisite amount
of etock shall have been subscribed. The said company,
may organize when twenty-five thousand dollars shal]
have been subscribed to its capital stock. Subscriptions
in land and right of way and work and material may be
accepted at a valuation to be agreed on by the owners and
corporators, or company, or otherwive as may be deter-
mined. It shall be lawful for other corporations to sub-
scribe to the capital stock of this company.

7. Said company shall have power to lease its said road,
to borrow money, to issue bonds or other evidences of
debt, and to secure the same by a mortgage or mortgages
upon the right of way, road bed, stations, rolling stock,
and revenues, or otherwise, when needed for the enterprise.

8. The affairs of said company shall be managed by a
board of seven directors to be chosen by the stockholders
at the annual meetings to be held on the first Wednesday
of February of each year. Until the first election the
incorporators herein mentioned shal! serve as directors.

9. The board of directors of said company shall have
power to adopt by-laws not inconsistent with the constitu-
tion of the commonwealth of Virginia and of the United
states.
10. Said company shall have power to unite, consolidate,
or connect with any railroad constructed or that may be
constructed, or may acquire by lease or purchase any line
of railway constructed or that may be constructed to, or at
the termini, or to the line of the railway of this company,
and to make such contracts as may be necessary or proper
to carry out the provisions of this section.

11. All the taxes due or that may become due by this
company to the state of Virginia shall be paid in gold,
silver, or the United States currency.

12. The said company shall not enter upon the lands of
the ladies’ Mount Vernon association without the consent
of said association: provided, also, that any crossing by
said road of the Mount Vernon avenue shall be above the
grade of said avenue.

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