Chap. 151.—An ACT to Incorporate the Virginia Coal Company.

Approved March 10, 1873.

1. Be it enacted by the general assembly of Virginia, That
the Virginia Coal Company, a corporation of the state of New
York, owning lands and transacting business in the county of
Henrico, be and is hereby created and incorporated and made
a body politic and corporate of the state of Virginia, under the
name and style of the Virginia Coal Company, for the purpose
of mining for coal, iron and other ores, and manufacturing the
same, and transporting the same to market from the said
county of Henrico and elsewhere; and they are hereby invested
with all the rights and privileges and powers conferred on such
bodies politic and corporate by the fifty-seventh chapter of the
Code of Virginia, so far as the same may be applicable to the
business of the said corporation in Virginia.

2. Be it further enacted, That the capital stock of said com-
pany shall not be less than four hundred thousand dollars, nor
more than six hundred thousand dollars; and the said company
shall have authority to purchase and hold lands in Virginia for
the purposes of its business, and may sell and convey, lease or
encumber the same. The said company shall have an office in
the state of Virginia, to be located either in the city of Rich-
mond, the county of Henrico or the county of Chesterfield;
and one of its directors shall be a citizen of Virginia, and re-
side either in the city of Richmond or in one of the said
counties.

3. Be it further enacted, That the said company shall have
authority to clear all timber from their lands, and transport
the same to market; to build saw mills, boats, barges, steamers
and sail vessels, and use the same in connection with their
mining business, and the transportation of coal and other min-
erals and materials to market; to purchase or construct one or
more trams or railways and branches thereof, with the neces-
sary cars and engines for the same, upon their lands, and from
thence to the city of Richmond, or any other port or ports
within the counties of Henrico and Chesterfield, or to connect
their said railway or railways with any other railroad or canal
in the counties of Henrico and Chesterfield, first having ob-
tained the consent of the proper authorities of said railroad or
canal to make the said connection for the purpose of such
transportation and for the use of said company; and in general
to do and perform all acts and business of the company afore-
said which, as an incorporated company, by the laws of this
state they may do and perform; and that the said company
shall be deemed to be a corporation of Virginia upon making
and filing a certificate signed by its president, with the secre-
tary of state, accepting this act.

4. 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.