Chap. 408.—An ACT to Dispose of State’s Interest in the Potomac Bridge,
at Point of Rocks.

Approved November 5, 1870.

1. Be it enacted by the general assembly of Virginia, That
the interest of the state of Virginia in the capital stock of the
Potomac bridge company, in the county of Loudoun, at the
Point of Rocks, being two-fifths of the same, be disposed of
to the private stockholders in said company, or their assigns,
on the following conditions, namely: first, that said private
stockholders, or their assigns, shall, within two years from the
passage of this act, rebuild the superstructure of said bridge
in a substantial manner, with two tracks, so as to admit of the
passage of vehicles and of railroad cars; and secondly, on con-
dition that said private stockholders, or their assigns, shall pay
into the treasury of the commonwealth, on the first day of
January, eighteen hundred and seventy-six, and on the first
day ot January of every year thereafter, one-tenth part of the
net tolls after paying expenses of collections, insurance, and
repairs on said bridge: provided, that all tolls accruing prior
to the first day of January, eighteen hundred and seventy-five,
shall belong exclusively to the said private stockholders or
their assigns.

2. Be it further enacted, That all parts of the act passed on
the nineteenth day of March, eighteen hundred and fifty,
amending the act passed on the twenty-second day of March,
eighteen hundred and forty-seven, incorporating the Potomac
bridge company, which are inconsistent with the provisions of
this act, are hereby repealed.

3. Be it further enacted, That said bridge company shall
not make any charges discriminating in favor of or against any
turnpike company that is now or may hereafter be incorpora-
ted, which may have its terminus at or near the southern abut-
ment of said bridge.

4. Be it further enacted, That the said bridge company shall
have the privilege, ten years after the completion of said bridge,
or at any time thereafter, to pay into the treasury of the state
the sum of money, the interest on which, at six per centum,
shall be equal to the highest amount of revenue derived by the
state from its portion of the net tolls in any one year prior to
the time when such payment by the bridge company shal] be
made; and from and after the payment of said capital sum,
the said bridge company shall be forever discharged from the
payment of said annual tolls.

5. Be it enacted, That this act shall be in force from its pas-

sage.