Chap. 195.—An ACT to Amend an Act to Incorporate the Norfolk Cit
Railroad Company. | ;

Approved July 8, 1870.

1. Be it enacted by the general assembly, That the second
section of the act to incorporate the Norfolk City Railroad
Company, passed the fourth day of January, Anno Domini,
eighteen hundred and sixty-six, be amended and re-enacted so
as to read as follows:

Ҥ2. That it shall be lawful for said company to lay out, con-
struct, and equip, maintain and operate with horse or mule
power, a single or double track railroad in the city of Norfolk
throughout the entire length of Main street,down Market
square to the ferry wharf, up Church street to the fair grounds
in Norfolk county; and also through such other streets or
parts of streets in said city as the directors may determine ;
and also to such other points in the counties of Norfolk and
Princess Anne, not exceeding twenty miles in length from the
limits of the city of Norfolk, with single or double track,
and to be operated with horse, mule, or steam power: pro-
vided, that vefore such work shall be commenced in said
city, the consent ef the council of said city shall be obtained
thereto.” ;

2. That the fourth section of said act be amended and re-
enacted so as to read as follows:

“$4, That it shall be lawful tor said company to transport pas-
sengers, freight, and baggage over said road or roads hereby
authorized to be constructed, and to collect fare and tolls for
the same, not exceeding the sum of ten cents for passage to
and from any point within the limits of the city, And the like
sum for packages and bundles occupying the space of a pas-
senger within the said limits, and that the rates of fare and
freight outside of the city limits, shall not exceed those pro-
vided for by sections nineteen and twenty of chapter sixty-
one of the Code of Virginia, edition of eighteen hundred and
sixty.”

8. That the fifth section of said act be amended and re-
enacted so as to read as follows:

Ҥ5. Thatitshall belawful for said company to create and issue
its capital stock to an amount not exceeding four hundred
thousand dollars in shares of fifty dollars each, and also to
borrow money upon its bonds secured by mortgage or deed of
trast upon its property and franchises to an amount not exceed-
ing four hundred thousand dollars,”
4, That the seventh section of said act be amended and
re-enacted so as to read as follows:

Ҥ7, Thatit shall belawful for said company forthe purpose of
constructing, equiping, and operating said railroad, to sell their
bonds, with coupons attached, at a rate of interest not exceed-
ing ten per centum per annum, to be paid semi-annually, to
the amount of four hundred thousand dollars, and to lease
their road to any person or persons, or domestic or foreign
corporation; any of which corporations shall have power to
subscribe to the stock of said companies.”

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