Chap. 276.—An ACT to Incorporate the Fredericksburg, Culpeper and
Rappahannock Railroad Company.

In force March 22, 1872

1. Be it enacted by the general assembly, That George B.
Scott, John G. Hapank, Charles Herndon, Walker P. Courcey,
A. P. Rowe, Robert W. Adams, J. Harrison Kelly, J. G. Mason,
M. Slaughter, James Hayes, John L. Marye, C. Annot, J. W.
Sener, H. S. Doggett, William H. Cunningham, C. W. Wallace,
John J. Young, George H. Dayton, Simon Hirsh, A. K. Phil-
lips, W. A. Settle, Patrick McCracken, John A. Tackett, Charles
Wallace, James Taylor, E. C. Rowe, R. B. Merchant, John L.
Stansberry, George P. Goodloe, Robert C. Dabney, Jonathan
Johnson, D. A. Boggs, Dr. James 8. Young, J. S. Dejarnette,
John F. Alsop, Dr. John R. Taylor, Hugh Alsop, Robert
Crutchfield, John P. Herndon, FB. Ricker, M.S. Chancellor, W.
A. Stephens, John H. Payne, John H. Lacy, John Willis, Absa-
lom McGee, John Decker, Absalom G. Willis, John G. Miller,
J. T. Stewart, J. G. Fields, Robert Stringfellow, Joseph T.
Norman, William Stout, L. B. Tillan. Jacob S. Egeborn, Wil-
liam D. Foster, Cornelius Smith, Daniel W. Botts, Zeph.
Turner, F. Pendleton Carter, John K. Miller, Absalom J ordan,
W sTlfaan G. Miller, M. G. Brickers, James L. Kemper, D. H.
Fray, James M. Duncan, John R. Strother, D. A. Grimsley,
Joseph D. Brown, Winfield 8. Coons, R. S. Thomas, and their
associates, be and they are hereby declared to be a body corpo-
rate, under the name and style of the Fredericksburg, Culpeper
and Rappahannock Railroad Company, for the purpose of con-
structing a railroad from Fredericksburg, through the county
of Culpeper, to Sperryville, or such other point as may be
selected, in the county of Rappahannock; and shall be entitled
to all the rights and privileges pertaining to railroad com-
panies.

2. The capital stock shall not be less than twenty thousand
dollars, nor more than one million dollars, divided into shares
of one hundred dollars each; and when the minimum amount
of stock shall have been subscribed, and two per centum
thereof paid up, the parties above named may call a general
meeting of the stockholders, at such place as they may deem
expedient, for the purpose of electing a president and directors,
and transacting such other business as they may deem calcu-
lated to pr omote the interest of the company; but until such
general meeting, they, the said parties, shall constitute a board
of directors of the company, may elect a president pro tem-
pore, appoint a secretary, and such officers and avents as they
may think proper, and transact any business pertaining to a
board of directors.

3. Each subscription shall be binding upon the subscriber
from the time of signing his name to a regular subscription
paper, and the instalments, as called for by the proper authori-
ties, may be collected in the manner now prescribed by law.

4. The company may receive land in payment of subscrip-
tions, or by purchase or gift, and sell, lease, or rent the same :
provided, that it shall not, at any time, hold more than two
hundred thousand acres. The company shall have the right to
extend a branch of its road to Madison, or such other point as
it may select, in the county of Madison.

5. The town of Fredericksburg, and the counties of Stafford,
Culpeper, Rappahannock, and Madison, may each subscribe to
the capital stock of the company, in the manner now prescribed
by law, such an amount as the proper authorities may deem
expedient.) .

6. The company may, from time to time, borrow:-such an
amount as may be necessary to enable it to construct and
equip its road and branches, and may give one or more mort-
gazes upon its property, including lands.
7. The company may connect its road with any existing or
proposed road.

8. The company shall commence its road in two years, and
complete it in ten years, from the passage of this act.

9. No company or individual shall be allowed to subscribe
more than ten thousand dollars to the stock of the company,
except in the presence of the board of directors, and with the
consent of a majority of the board.

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