Chap. 25.—An ACT to incorporate the Mount Vernon Railroad
Company.

Approved February 2, 1880

1. Be it enacted by the general assembly, That it shall be
lawful for Lewis McKenzie, William H. Snowden, Allen C.
Harmon, J. C. O’Neal, Valentine Baker, Oliver Pulman and
George C. Hewes to open books at such times and places as
any three of them may think proper, to receive subscriptions
to the amount of one hundred thousand dollars, to be divided
into shares of twenty-five dollars each, to constitute a capital
stock to construct a railroad from the city of Alexandria to
Mount Vernon, in the county of Fairfax. When two hundred
shares of said stock shall have been subscribed for by persons
solvent and able to pay, the subscribers, their assigns, and so
forth, shall be incorporated into a body politic and corporate
under the name and style of The Mount Vernon Railroad
Company, subject to all the acts of the general assembly and
the Code of Virginia applicable to internal improvements not
inconsistent with this act.

2. The said company shall have power to borrow money
on its bonds or other evidences of debt at rates of interest
not exceeding those allowed by law, and to secure the payment
thereof by deed of trust or mortgage upon its road and other
property, its franchises and income, or any of them.

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