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 | 1879/80 |
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Law Number | 201 |
Subjects |
Law Body
CHAP. 201.—An ACT to incorporate the Warrenton and Fauquier
White Sulphur Springs Turnpike Company.
Approved March 5, 1880.
Whereas the Fauquier White Sulphur Springs Company, in-
corporated by act of the general assembly approved April
fourth, eighteen hundred and seventy-seven, has been duly or-
ganized and is now prepared to carry out the objects for which
it was chartered, to-wit: to establish a summer resort at and
upon the property known as Fauquier White Sulphur Springs ;
and whereas the said enterprise is of a public character, and
will promote the general welfare of the county of Fauquier, and
the road known as the Warrenton and Fauquier White Sulphur
Springs turnpike is the public highway from the nearest rail-
road station (to-wit, Warrenton) to the Fauquier White Sulphur
prings, and the road tax apportioned to the road under and by
virtue of the act of the general assembly, approved February
twenty-four, eighteen hundred and seventy-six, is not sufficient
to put the said road in the order required in the interest of the
public, in connection with the said public resort, and to keep
up the same; now, therefore,
1. Be it enacted by the general assembly, That Isham Keith,
John Murray Forkés, E. F. Kloman, William W. Carter, Richard
Cooper, Lee Kemper, Louis Weber, William H. Hanback, W.
P. Hilleary, Thomas Smith, D. C. Gorden, C. E. F. Payne, H.
R. Garden, Joseph H. Nelson, A. D. Payne, Moses M. Green,
Inman H. Payne, James H. Maddux, Julian P. Lee, William
H. Payne, Samuel Chilton, G.S. P. Triplett, James H. North,
A. Ullman, together with all others who may hereafter subscribe
to or become owners of the stock of the company hereby author-
ized, be and they are hereby constituted a body politic and
corporate under the name and style of The Warrenton and
Fauquier White Sulphur Springs Turnpike Company, with all
the rights and privileges and subject to all the liabilities under
the general law of the state of Virginia made and provided in
reference to joint stock companies.
2. That the capital stock of the said company shall be five
thousand dollars, divided into shares of five dollars each, and
Moses M. Green, Charles E. F. Payne and Julian P. Lee, or
either of them, are hereby appointed commissioners to open
books for subscription at such place or places as they may
select. And so soon as one thousand dollars of the said stock
shali have been subscribed, the said company may organize for
business, and the said commissioners may, upon reasonable
notice, personally or by publication to the subscribers, call a
meeting to assemble at Warrenton, Virginia, at such time as
such commissioners may indicate in said notice, for the purpose
of organization.
3. The object of the said company is to re-establish, maintain
and keep in good order the Warrenton and Fauqnier Springs
turnpike from Warrenton to the Rappahannock river, and for
s, this purpose the stockholders may, at their first general meeting,
‘* make such assessments upon themselves as they may deem
proper, not exceeding the amount of their subscription ; and
thereafter the directors, who shall be not less than three nor more
than five, and who shall be elected by the stockholders at their
first meeting, and thereafter, at such meetings of said stockhold-
ers as they may determine, may make such assessments as they
may elect, not exceeding the avgregate of their stock, and the
said directors, unless the stockholders should otherwise order,
may issue coupon bonds, not exceeding ten thousand dollars in
amount, secured by deed of trust upon all or any part of the
property of the said company.
w 4. That the read tax of all the property-holders, within or
| without the corporation of the town of Warrenton. bordering on
said road, beginning at the intersection thereof with Main
street, and extending as far as the Rappahannock river, and of
all property-holders outside of said corporation within a mile
of said road, on either side of the same, be collected by the
treasurer of the county of Fauquier, as now required by section
twenty-four of the act aforesaid as amended by act approved
March thirteenth, eighteen hundred and seventy-seven, in ref-
erence to the roads of Fauquier county, and paid over to the
said company for the period of five (5) years from the passage
of this act, to be applied to the improvements of said road.
5. That as soon asthe county court of the county of Fauquier
shall be satisfied from the report of the commissioner of ac-
counts that in addition to the taxes aforesaid the sum of two
hundred ($200) dollars per mile has been expended by the said
company upon the said road, the said court shall enter the same
of record, and the said company shall be thereupon authorized
to erect gates upon the said road for the collection of toll of all
travellers thereon in the manner that shall seem best to said
company.
6. That the directors of the said company be and they are
g. hereby authorized to make such arrangements with the proper-
r- ty-holders on said road or within a mile of the same, on either
side, with reference to toll and payment of the same, as they
shall deem best for the company: provided, that said property-
holders, who are stockholders, shall not be taxed with toll until,
at the rates of the same, their subscription shall have been
exhausted.
a- 7. That the property-holders whose road tax, under and by
. virtue of this act, is applicable to the improvement of the said
road may anticipate the payment of the said tax for the whole
or any portion of the period of five years, and the treasurer
shall receipt and account for the same.
8. That in the event that the said company shall issue coupon
bonds, the coupons of the same shall be made receivable for
tolls on said road.
9. That the treasurer of the company shall give bond in the
enalty of one thousand dollars with security, to be approved
y the county court, and shall settle his accounts as to the pub-
(© moneys received by him before the commissioners of ac-
ounts, who shall return the same to the county court.
10. This act shall be in force from its passage.