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 | 29 |
Subjects |
Law Body
Chap. 29.—An ACT concerning the Alexandria, Loudoun and Hampshire
Railroad Compaay, authorizing a change of route, name, &c.
' Approved March 29, 1870.
1. Be it enacted by the general assembly of Virginia, That
it shall be lawful for the Alexandria, Loudoun and Hampshire
railroad company to locate and construct its railroad from
Hamilton station, in Loudoun county, to the line of West Vir-
inia, by such route as the company may deem most eligible
and direct, through the counties of Clarke and Frederick and
by the city of Winchester, not more than qne mile distant,
and to provide proper and convenient connection by rail there-
with, instead of that heretofore located, anything in previous
acts relating to the said railroad to the contrary notwithstand-
ing.
3. That the corporate name of the said company (the stock-
holders in general meeting consenting thereto) shall be The
Washington and Ohio Railroad Company, and that notice of
such consent shall be given to the board of public works within
sixty days after such consent given—such change of name to
take effect and commence from the date of the assent of the
stockholders thereto.
3. That it shall be lawful for the said company, in general
meeting, to increase its capital stock to an amount, including
its present authorized capital, not to exceed fifteen millions of
dollars, and to authorize its board of directors to borrow
money at a rate of interest not exceeding eight per centum
r annum, to the amount of fifteen millions of dollars, and to
issue bonds therefor, and to sell the said bonds at the best
price that can be obtained for them, and to secure the payment
of such bonds by mortgage or deed of trust upon its franchise
and its real and personal property, including its road, running
stock, equipment, branches, income, and other things, or any
part: or parts thereof, and such bonds, or any part thereof, to
make preferred bonds, or bonds convertible into stock of the
company, for which purpose the said company shall be author-
ized to issue such additional-stock as may be necessary.
4, This act shall be in force from and after the passing
thereof. .