Chap. 259.—An ACT to Authorize the Roanoke Valley Railroad Company
) to Borrow Money and to Secure its Payment.

Approved March 21, 1872.

1. Be it enacted by the general assembly, That the Roanoke
Valley Railroad Company be and it is hereby authorized to
borrow such sums of money as may be deemed necessary by
said company for the purposes of the construction and equip-
ment of its line of road, and to issue and dispose of its bonds,
or other evidences of debt therefor, to an amount not exceeding
six hundred thousand dollars, bearing interest at arate not
exceeding eight per centum per annum, and payable at such
time or times, and in such manner, as said company may pre-
scribe; and to s2cure the payment thereof by such deed of
trust or mortgage upon all its property, real and personal, its
income, rights, privileges and franchises, as may be determined
upon by said company.

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