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 | 410 |
Subjects |
Law Body
Chap. 410.—An ACT to Incorporate the Burkeville, Lunenburg, and Meck-
lenburg Railroad Company.
Approved November 5, 1870.
1. Be it enacted by the general assembly, That it shall be
lawful to open books of subscription for the capital stock of a
company to be incorporated by the name of The Burkeville,
Lunenburg, .and Mecklenburg Railroad Company, for the pur-
pose of constructing a railroad trom Burkeville, in the county
of Nottoway, via Lewiston or vicinity, to some point on the
line of the Norfolk and Great Western railroad, in the county
of Mecklenburg; and the said road may be of the same gauge
as that of any road with which it may connect, or may be either
wholly or in part constructed in the manner known as the nar-
row gauge railroad.
2. That the following persons are appointed to receive sub-
scriptions at the points herein named, viz: in the county of
Nottoway, I. A. Agnew, S. McLean, J. E. Grigg, A. R. Deem,
S. D. Barks, J. C. Robinson, A. Bolling, and Thos. Hamlin, at
Burkeville; E. T. Jeffress, W. P. Dickinson, Chas. Carter, P.
J. Fowlkes, W. H. Scott, Sharp Carter, and O. M. Knight, at
Jeffress’ store; in the county of Lunenburg, E. C. Scott, Jos.
Jennings, W. H. Perry, and William M. Chumney, at Hunga-
ry tow; John Fowlkes, N. Mathews, Wm. T. Gary, Hail T.
allion, dnd W. F. Blackwell, at New Plymouth; W. W.
Webb, S. F. Cardozo, E. B. Jackson, T. T. Shackleton, B. H.
May, and Stith Bolling, at Lewiston; John C. Smithson, Ster-
ling H. Lester, Alexander J. Watson, F. S. N. Smithson, and
R. M. Garland, at Rehohoth; Tischarner Woodson, R. H. Al-
len, B. E. Smith, ant FE. G. Bagley, at Oral Oaks; Charles May,
R. J. WM. Hatehett, and John D. Tisdale, at Wattsborough;
Wm. M. Bazlev. TY. R. Stokes, H. L. Lee, and Robt. Moore, at
Columbian Greve: Ster'nge Neblett, John C. T. Haskins, Wm.
J. Neblett. «7 Wem. TP. Blackwell, at Locheleven; in the
county of Meo Venhers © IL Ogborn, C. D. Whittle, and
John TP). Petts. et Whittle mill; H. A. Locket, John Watson,
Green Jackson. of Tombeardy Grove; J. C. Gregory, C. S.
Hutchinson, s>7 Fo A. Denumright, at Drapersville; Thos. F.
Goode, Wm. TT. Seki asd Samuel Farrar, at Boyetton. A
majority af the coves ts Tayere appointed at each place respec-
tively, may cet cs if ote: yem-d: and the commissioners for
the county of Tei nes are further authorized to receive sub-
scriptions, in thst. “oopotton. from individuals and corporations
domiciled either in or ont of this state.
3. That the caritel stock of the said company shall not be
less than thirty: thorseand dollars nor more than one million
dollars, to he divid:d into shares of fifty dollars each; and
whenever the first mentioned amount shall be subscribed, the
subscribers shal! he iveorporated for the purposes mentioned
in the first section of this act, and shall have full power and
authority to effect the same.
4, That it sha'l be lawful for the said company, by and with
the consent of the stockholders in general meeting assembled,
to borrow money for the purposes of this act, at a rate of inte-
rest not exceeding that allowed by law; to issue certificates of
said loans, and to pledge any or all the property of the said
company, by mortgage or otherwise, for the payment of the
same, and the interest that may accrue thereon.
d. That it shall be lawful for the said company to receive not
exceeding fifty thousand acres of land in payment of subscrip-
tions of stock: provided, that it shall not be lawful for the said
company to hold such land longer than ten years from the com-
pletion of the road along which such land shall lie, except that
necessary for the use of the road.
6. That the company hereby incorporated shall have the right
to make convenient connections with any other road or roads
now or hereafter to be constructed in this state.
7. That when the road shall be constructed for the distance
of twenty miles, the same may be operated for the purposes of
trade and travel: provided, that the said road shall be com-
menced within three years, and completed to Lewiston within
five years.
8. This act shall be in force from its passage, and shall be
subject to all general laws now existing or which may be here-
after passed in regulation of railroad companies.