Chap. 202.—An ACT to Incorporate the Atlantic Milling, Manufacturing
Warehousing, and Guaranty Company.

In Force March 28, 1871.

1. Be it enacted by the general assembly of Virginia, That
William D. Pollard, Hansford Anderson, Reuben Hillyard,
Bolivar Stark, James F. New, Wm. E. Hart, Thomas J. Chris-
tian, and William S. Wood, their associates, successors, and
assigns, be and they are hereby created a body politic and cor-
porate, in fact and in law, by the name and style of The At-
lantic Milling, Manufacturing, Warehousing, and Guaranty
Company; and by that name may sue and be sued, plead and
be impleaded, and may exercise and enjoy all the rights and
powers granted by this act.

2. The capital stock of said company shall be twenty thou-
sand dollars, with power to increase the same to one hundred
thousand dollars. The said capital stock shall be divided into
shares of one hundred dollars each, which shall be deemed per.
sonal property, and shall be transferable in such manner as the
company may direct; and whenever ten thousand dollars ot
said capital stock shall have been subscribed, and ten per
centum of the same actually paid up in cash, the above named
incorporators, and their associates, if any, shall be authorized
and empowered to organize said company by the appointment
of a president, secretary, and treasurer, and the adoption of
such ordinances, by-laws, and regulations, not inconsistent with
the general law of the state, as may be deemed necessary for
the proper management of the affairs of said company; and
they may proceed to business as provided for in this act.

d. It shall be lawful for this corporation to lease, purchase,
hold, and convey such real and personal estate as they may
deem necessary and convenient for carrying on the business of
milling, manufacturing, warehousing, lightering, and so forth;
and they may erect mills, warehouses, or other editizes, docks,
elevators, lighters, boats, vessels, and wharves, andl may trans-
port and carry persons and property from or to any point on
elther side of the Mattaponi, Pamunkey, or York rivers, to
any point on any or all of said rivers; aud may receive on sto-
rage or deposit any goods, wares, merchandise, or other kinds
of personal property for safekeeping or shipment, and may
collect and receive compensation for storage, dockage, wharfage,
lighterage, or carriage, at such rates and on such terms as may
be agreed upon in any contract, verbal or written, between
any owner, depositor, or shipper, and this corporation; and all
such charges and expenses, as agreed upon by such contract,
shall be a lien, and said lien may be entorced by sale thereot
for payment of such services rendered by this company.

4, They may transact and carry on all kinds of business
usually transacted or carried on by millers, manufacturers,
warehousemen, lightermen, or carriers; and may rent or hire
out such of their edifices, docks, wharves, elevators, or other
property, as they think proper, and may collect and receive
rent for the same.

do. Be it further enacted, That it shall be lawful for said
company to guarantee the payment, punctual performance, and
collection of promissory notes, bills of exchange, contracts,
bonds, accounts, claims, rents, annuities, mortgages, choses in
action, evidences of debt, and certificates of value, upon such
terms and commissions as may be established by said company.

6. Be it further enacted, That it shall be lawful for said com-
pany to receive upon storeage, deposit, pledge or otherwise,
merchandise, money, bullion, specie, plate, stock, bonds, mort-
gages, promissory notes, bills of exchange, certificates and
evidences of debt, warehouse receipts, bills of lading, policies
of insurance, contracts, or other property, and to take the
management, custody and charge of the same, and of all other
real or personal property and estate, and to advance moneys,
securities and credits upon the same, at such rates of interest
not exceeding the legal rates of interest, and upon such terms
and commissions as may be contracted for and established by
said company.
7. The said company may make, issue and execute, in the
transaction of their business, all necessary receipts, certificates
and instruments, either with or without their corporate seal,
and the same shall be signed by such officer or officers of the
company as shall be prescribed by the by-laws.

8. It shall be lawful for the said company to receive moneys
on deposit, and allow such legal interest thereon as may be
agreed upon between the depositors and the said company.

9. The said company shall have perpetual succession, a com-
mon seal, which they may break or alter at the pleasure of the
president and directors, and shall be invested with all the rights
and privileges, and subject to all the limitations and restric-
tions applicable by general law to corporations of this charac-
ter, and shall be subject to modification or repeal at the pleas-
ure of the general assembly. :

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