Chap. 247.—An ACT to Incorporate the Virginia Valley Railway and
Internal Improvement Company.

Approved Murch 21, 1872.

1. Be it enacted by the general assembly of Virginia, That
Wm. A. Wilson, A. M. Glasvow, J. J. Lafferty, L. P. Grigsby,
James H. Paxton, C. M. Harper, J. L. Leitch, J. D. Morrison,
L. C. Davidson, W. B. F. Leech,.L. Sehorn, Wm. A. Donald,
James E. A. Gibbs, Jacob Fuller, C. A. Davidson, S. B. Morri-
son, John W. Barclay, D. C. E. Brady, W. T. Poague, Harry
O. Locher, Edward Echols. G. A. Baker, D. E. Moon, jr., John
Sloan, James T. Patton, E. S. Tutwiler, J. D. H. Ross, A. D.
Campbell, W. F. Johnston, N. B. McLure, J. T. McKee, James
M. Lackey, S. D. Gilmore, A. Graham, sr., John T. Anderson,
Edmund Pendleton, T. D. Houston, and their associates and
successors, shall be and they are hereby incorporated a body
politic and corporate, under the name and style of the Virginia
Valley Railway and Internal Improvement Company, and in-
vested with all the rights and privileges conferred, and made
subject to all the restrictions imposed, upon corporations by
the laws of the state, so far as the same may be applicable tc
and not inconsistent with this act.

2. The capital stock of said company shall be not less than
one hundred thousand dollars nor more than two million dol
lars; and the company may proceed to exercise the rights and
franchises hereby conferred as soon as one hundred thousand
dollars shall be subscribed to its capital stock by counties
towns, corporations, or private individuals, solvent and able to
ry.
3. The said company may build and work a railroad, of such
gauge as may be agreed upon by a majority in interest of the
stockholders, from the town of Lexington to any point on the
Chesapeake and Ohio railroad not east of Waynesboro’ nor
west of Goshen, and from the town of Lexington to the city of
Lynchburg.

4. The said company shall have three years from the passage
of this act within which to commence the construction of the
railroads authorized to be built by this act, and five years after
such commencement to complete the same.

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