Chap. 105.—An ACT to Amend and Re-enact the Ist and 2d Sections of an
Act to Incorporate the Charlottesville and University Railroad Company,
passed January ldth, 1867.

Approved March 6, 1871.

1. Be it enacted by the general assembly, That the first and
second sections of an act entitled an act to incorporate the
Charlottesville and University railroad company, passed Jan-
uary fifteenth, eighteen hundred and sixty-seven, be amended
and re-enacted so as to read as follows:

“$1. That James L. Cabell, W. L. Cochran, John B. Minor,
J. LL. O’Neale, Green Payton, F. H. Smith, Joseph Lipop, J.
S. Davis, B. C. Flannagan, John T. Antrim, and John Wood,
Jr., together with their successors and assigns, are hereby cre-
ated a corporation by the name of the Charlottesville and
University railroad company, with power to construct, equip,
maintain and use a railway, to be operated with horse or mule
power, with single or double tracks, and to run cars thereon
for the conveyance of passengers and property upon and over
the main street in the town of Charlottesville, and also upon
and over such other streets and highways of the said town as
may from time to time, be fixed and determined by the mayor
and council of the said town, upon the applicAtion of the said
company; and also upon and over the highway leading from
the said town to the University of Virginia, including the right
to cross the track of the Chesapeake and Ohio railroad com-
pany, or upon such other route as may be lawfully acquired by
the said company from the said town, to such point in the
grounds of the said University as the rector and visitors thereof
shall prescribe.

Ҥ2. The capital stock of said company shall be not less
than ten thousand nor more than fifty thousand dollars, divided
into shares of one hundred dollars each; and the said company
shall have power to mortgage their corporate property and
franchise, to secure apy bonds issued by them for the purpose
of constructing and equipping their road: provided, the said
issue of bonds ¢ shall never exceed in amount the capital stock
actually paid in.’

2. This act shall be in force from its passage.