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 | 1869/1870 |
---|---|
Law Number | 255 |
Subjects |
Law Body
Chap. 255.—An ACT to Incorporate the Central Loudoun Turnpike Com-
; pany.
Approved July 9, 1870.
1. Be it enacted by the general assembly, That it shall be
lawful to open books at Waterford, in the county of Loudoun,
under the direction of William C. Shawen, William Williams,
Edwin A. Atlee, James M. Walker, and Thomas Phillips; and
at the following places in said county, namely: at Hamilton,
under the direction of Geo. W. Janney, L. Dow Hess, Samuel
Crockett, 8. Thornton Nichols, and M. G. Hatcher; and at
Lincoln, under the direction of Daniel J. Hoge, Phineas Jan-
ney, William B. McLellan, and Samuel N. Brown; and at
Philamont, under the direction of Joseph Nichols, John J. Dil-
lon, William Piggott, John A. Carter, and Enoch Fenton, for
receiving subscriptions, in shares of twenty-five dollars each, for
the purpose of constructing a turnpike from Waterford, by
Hamilton and Lincoln, to a point on the Aldie turnpike, at or
near Philamont: provided, that any two of the commissioners
—— at each place may constitute a quorum to open said
ooks.
2. Be it further enacted, That the sections of the road shall
be as follows, namely: first section, from Waterford to Ham-
ilton; second section, from Hamilton to Lincoln; third sec-
tion, from Lincoln to a point at or near Philamont.
8. Be it further enacted, That in the primary organization
of said company, and in all subsequent meetings of the same,
each stockholder shall be entitled to cast, in person or by
proxy, one vote for each share of stock held in said company;
and at such primary organization, it shall be competent to
elect such number of directors as the stockholders may see fit,
and to determine the mode of electing a president and directors.
4. Be it further enacted, That when five thousand dollars
ghall have been subscribed, the subscribers, their executors,
administrators, and assigns, shall be and are hereby incorpo-
rated into a company under the name and style of The Central
Loudoun Turnpike Company, subject to the provisions of the
Code of Virginia, except as herein provided, and that the ulti-
mate capital stock may be one hundred and fifty thousand dol-
ars.
5. Be it further enacted, That said company is hereby au-
thorized to build lateral or branch roads in any direction, not
exceeding twelve miles; and may, for such purpose, open books
at such times and places, and under such regalations and per-
sons, as the board of directors may prescribe.
6. Be it further enacted, That the subscribers may desig-
nate, at the time of subscribing, to which section their sub-
scription must be applied.
7. That the directors shall be so arranged as to represent
all sections of the road, that may be represented by subscrip-
tions, at the time of organization of the company, or at any
annual meeting or other general meeting of the company, and
in case of death, resignation, or other incapacity of a director,
the board of directors may supply the vacancy until the next
general meeting of the company.
8. That said road shall be graded twenty feet wide, and
shall be McAdamized for one-half its width before it shall be
lawful to charge tolls, and the tolls of each section shall be in
proportion to the lawful tolls that the length of that section
shall be to five miles, and that the grade of the road shall not
exceed seven feet to the hundred. The side ditches shall
not be less than two feet deep and two feet wide at the bot-
tom, and that all water shall be conducted under and not over
the road-bed. | |
9. That said company may, with the consent of the county
court, (or board of supervisors, as may be provided by gene-
ral law,) occupy any turnpike that may have been abandoned
to the county, or any county road: provided, however, that
no toll-gates shall be erected on any abandoned pike; and
that the county of Loudoun may subscribe to the capital stock
of said company one-third of the same, in the mode now or
hereafter to be prescribed by law: provided, that no bonds
issued by the county shall be paid to said company at a faster
rate than the private subscriptions shall be paid in.
10. This act shall be in force from its passage.