Chap. 28.—An ACT to Incorporate the Norwood Mining and Petroleum
Company.

In force January 19, 1872.

1. Be it enacted by the general assembly of Virginia, That
¥. G. Peters, Paul Stratton, Ro. J. Echols, William A. Hors.
ley, Samuel Read, R. S. Anderson, F. M. Cabell, A. D. Almond,
H. G. Cannon, John G. Spotts, John C. Shields, J. F. Hutch-
enson, D. J. Hartsook, N. F. Cabell and William D. Ligon,
and such other persons as may hereafter be associated with
them, shall be, and are hereby incorporated and made a body
politic and corporate, under the name and style of the Nor-
wood Mining and Petroleum Company, for the purpose of
mining petroleum, coal, and other minerals, and manufacturing
iron and other articles, in the county of Nelson; and they are
hereby invested with all the rights, powers and privileges, and
subject to all the rules, regulations and restrictions prescribed
by the Code of Virginia in regard to such bodies politic and
corporate, so far gs the same are applicable to and not incon-
sistent with the rights and privileges herein granted.

2. The capital stock of said company shall not be less than
one hundred thousand dollars, nor more than eight hundred
thousand dollars, to be divided into shares of one hundred
dollars each; and the said company shall have the right to
purchase and hold land not exceeding ten thousand acres.

3. The persons before named, or any three of them, shall be
authorized to receive subscriptions to the capital stock of said
company, and shall designate the times and places of receiv-
ing subscriptions by giving notice thereof in one or more
newspapers published in the cities of Richmond and New
York.

4. The said persons, or any three of them, shall also have
power to fix and direct the amount to be paid by each sub-
scriber for stock at the time of making his subscription.

5. In all general meetings of the stockholders each stock-
holder shall have as many votes as he has shares, and absent
stockholders may be represented by proxy.

6. The affairs of said company shall be managed by a presi-
dent, who shall be a director, and four other directors, and the
time for the first election of president and directors by the
stockholders shall be appointed by the above named persons,
or any three of them, and, until such election, the said persons
shall have and exercise wll the powers of said directors, desig-
nating some one of them to act as president.

7. Special meetings of the stockholders of said company

i may be called by a majority of the directors, or by one or more
stockholders holding one-fifth of the capital stock of the
company.

t 8. This act shall be in force from its passage, and shall be
subject to amendment, alteration, or modification, at the plea
sure of the general assembly.