An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1897/1898 |
---|---|
Law Number | 213 |
Subjects |
Law Body
Chap. 213.—An ACT to incorporate the Fredericksburg and Rappahannock rail-
way company.
Approved February 7, 1898.
1. Be it enacted by the general assembly of Virginia, That H. H.
Wallace, L. G. Johnson, John 8S. Barbour, Warren E. Coomes, C. M.
White, C. V. Ford, and their associates and successors, be, and they are
hereby, constituted a body politic and corporate by the name and style
of the Fredericksburg and Rappahannock railway company, and as
such are empowered to locate, construct, equip, and operate a railway,
commencing at some point in or near the city of Fredericksburg, Vir-
ginia, and running through the streets of said city, or such of them as
the said company may desire: provided the consent of the council of
said city shall be obtained for the use of said streets; thence through the
counties of Spotsylvania, Stafford, Fauquier, Culpeper, Orange, Prince
William and Rappahannock, or such of them as may be desired, to
some point on the Southern railway between Manassas and Rapidan
stations, with right to extend said railway to such point in Rappahan-
nock or Fauquier counties as may be desired.
2. The said company shall have the right to acquire lands, heredita-
ments, rights and franchises along the route of said railway by donation,
purchase, subscription, not to exceed two hundred acres in any one
county, to use, sell, or hold the same, and shall have the further right,
with the consent of the board of supervisors of the respective counties,
to use as a roadbed for said railway a portion or side of the public road
of said counties, which portion of said public road shall be selected by
the board of supervisors of the respective counties, in which case proper
compensation shall be made to the abutting landowners. And it mav,
with the consent of the council of any city or town through which it
may pass, acquire the right to use the streets thereof as a roadbed.
3. The said company may acquire by condemnation according to the
laws of Virginia, the land required for the necessary right of way,
stations, depot and power plants for its operations.
4. Said corporation shall have power to acquire the water powers on
the Rappahannock, Rapidan and Hazel rivers, to generate therewith
electric power for the operation of said railway, and for other purposes,
and to market any excess of power by lease or sale; and for the purpose
of marketing such excess of power the said corporation is authorized and
empowered to erect line or lines, conduit, bridges or sub-ways, a
be deemed best and for the best interests of said corporation, ov
highways and lands of individuals or other corporations from the
where such power is generated to the place where it is marketed.
5. It shall be lawful for said company to transport passengers, ex
freight and baggage over the line of dheir railway, and to collect
fares and tolls for the same as may be prescribed by law.
6. The said company may use electricity, steam, horse or water ]
and all such engines, machinery and other appliances as it may
necessary to propel cars along its road.
7. The capital stock of said company shall not be less than one
dred thousand dollars nor more than five hundred thousand doll:
be divided into shares of one hundred dollars each, which may b
in cash, labor, material, bonds, stock, real or personal proper
such valuation as may be agreed upon between the directors ar
subscriber, and the subscription for the capital stock may be p:
in such manner, amounts and times as may be agreed upon wi
board of directors and the subscriber.
8. Said company shall have the power to lease or sell its road,
chises and appurtenances, and to borrow money for use of the cor
and secure the loans by deeds of trust on all or parts of its road, «
franchises and income.
9. The said company is authorized and empowered to locate
struct and equip and operate any lateral or branch roads or tram
any one of which not to exceed twenty-five miles in length. w!
majority of its stockholders may determine upon, and by such ro
routes as may be selected by the board of directors.
10. The board of directors shall be stockholders of said compan
shall consist of such members as the stockholders may determine
and shall be elected at the stockholders’ meeting, and the directors
elect one of their number president of said company.
11. All taxes due to the commonwealth shall be paid in lawful r
of the United States and not in coupons.
12. This act ahall be in force from its passage.