Chap. 108.—An ACT to incorporate the Rockingham mutual telephone and tele-
graph company.

Approved January 25, 1598,

1. Be it enacted by the general assembly of Virginia, That David B.
Showalter, Charles H. Ralston, J.N. Fries, C. 1. Brunk, C. N. Strick-
ler, Clement D, Wenger, Martin A. Lavan, Joseph KE. Shaver, John
R. Bowman, J. 2. Shirkey, W. J. Lincaweaver, and Walter C. Switzer
and their associates and successors, be, and they are herehy, constituted
a body politic and corporate under the name of the Roc ‘ingham mutual
telephone and telegraph company, and by that name may sue and be
sued drall the courts of law and equitws; may make, have and use a com-
mon seal which it may alter at pleasure, and shall have and exercise
all the rights, privileges and) powers pertaining to a body corporate, and
necessary and proper forthe transaction of the business of this company:
and it shall have the power to make, adopt and enforce all by-laws, rules
and regulations for the management and preservation of its property and
for the conduct of its business not inconsistent with the laws of this
state.

The said company may conduct a gtneral telephone and telegraph
business, or either, and may acquire, construct, maintain and operate
telephone and. telegraph Tines, and may establish and maintain offices
and agencies in the county of Rockingham, and Harrisonburg, and in
other counties and towns and cities of this state; and m: Lv construct and
maintain its lines along any of the public roads and highways therein
without obstructing the same, and along the streets and alley ‘gs of the
towns and cities therein, with the consent of the proper authorities of
sald towns, cities and county, and also through any private lands, with
the consent of the owner thereof: provided, however, that no part of
anv public Inghway in any county shall he occ upied without the con-
sent of the landowner be first acquired by purchase or otherwise; and
said company may unite with or contract with any other telephone or
telegraph company for the purpose of enlarging or conducting its busi-
ness, and may subscribe for, acquire and hold stock in any other corpo-
ration. It shall have power to issue bonds and borrow money and
mortgage its property to secure bonds executed by it. Its principal
office shall be in the town of Harrisonburg, Virginia.

3. The capital stock of said company shall not be less than one hun-
dred nor more than five thousand dollars, to be divided into shares of
ten dollars each, which may be paid for in money, in lines of telephone
already erected, in labor, materials, or other property, at such prices
and on such terms as the board of directors may settle and fix. Each
share of stock shall be entitled to one vote in all meetings of the stock-
holders, and no stockholder shall be liable or made responsible for the
debts or liabilities of the company for more than the amount unpaid on
the stock held by him; and any other corporation may subscribe for,
acquire, and hold stock in this company only with the consent of the
board of directors of this company evidenced of record.

4. The officers of this company shall be a president, vice-president,
a secretary and treasurer (which last named office may be held by one
person) who shall be ex-officio a member of the board of directors, and
not less than twelve directors including the president and vice-president,
who shall also be ex-officio members of the board of directors. The
president, vice-president, secretary and treasurer, and directors shall be
chosen by the stockholders in annual meeting at such time as may be
fixed by the board of directors. All vacancies in office shall be filled
for the unexpired term by the board of directors, who shall have full
power to fill such vacancies and generally to manage and conduct the
affairs and business of the company by its officers, agents, and em-
ployees. Seven members of the board of directors shall constitute a
quorum for the transaction of business.

5. This company may hold land not exceeding fifty acres in extent
and five thousand dollars in value.

6. The persons named in the first section of this act shall be held
sufficient, and they are hereby constituted, a corporation duly organized
under the laws of this state; and the officers thereof for the first vear
and thereafter until their successors shall be duly elected and qualified
shall be David B. Showalter, president; Charles H. Ralston, vice-presi-
dent; J. N. Fries, secretary and treasurer; and the directors, D. B. Sho-
walter, Charles H. Ralston, J. N. Fries, C. H. Brunk, C. M. Strickler,
C. D. Wenger, M. A. Layman, J. E. Shaver, J. R. Bowman, J. H.
Shirkey, W. J. Lineaweaver, and W. C. Switzer, all of whom are resi-
dents of the county of Rockingham, Virginia.

7. This company shall pay all taxes and dues to the commonwealth
of Virginia in lawful money of the United States and not in coupons.

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