Chap. 319.—An ACT to Incorporate the Richmond Bank-Note Engraving
and Chromo-Lithographing Company.

Approved July 11, 1870.

1. Be it enacted by the general assembly of Virginia, That
Charles L. Ludwig, A. es Babcock, James A. Scott, P. J.
Wright, John C. Davis, Isaac Davenport, Jr., Charles E.
Wortham, together with such other persons as may hereafter
be associated with them, shall be and they are hereby incor-
porated and made a body politic and corporate, by the name
and style of The Richmond Bank-N ote Engraving and Chro-
mo-Lithographing Company, for the purpose of engraving,
lithographing, and such other mechanical or other operations
or pursuits that they find it necessary or profitable to engage
in; and for this reason, they are hereby invested with all the
rights, powers, and privileges conferred, and made subject to
alf the rules and regulations for the proper organization and
government of corporations, prescribed by the Code of Vir-
ginia, and any law amendatory thereof, except so far as the
same may be inconsistent with this act.

2. The capital stock of said company shall not be less than
thirty thousand dollars nor more than one hundred and fifty
thousand dollars.

3. The said company shall have power to engage in engraving
and chromo-lithographing, and such mechanical or other pur-
suits, business, trade, or occupation, as may be deemed by
them profitable or useful; shall have power to execute nego-
tiable notes or other commercial paper; to borrow money; to
hold real estate not exceeding one hundred acres; and the
whole subscribed stock of the company, and all property
owned and held by it, shall be assets subject to the payment
of its debts, and no stockholder shall be liable therefor beyond
the amount of stock subscribed for or actually paid in by him.

4. This act shall be in force from its passage, and subject to
amendment, modification, or repeal, at the pleasure of the gene-
ral assembly.