Chap. 348.—An ACT to Authorize the Board of Public Works to sell
the State’s Interest in the Lynchburg and Salem Turnpike Company.

Approved April 1, 1873.

Whereas, the commonwealth is the owner of three hundred
shares in the capital stock of the Lynchburg and Salem Turn-
pike Company, all of which said stock is wholly unproductive:

1. Be it enacted by the general assembly of Virginia, That
the board of public works he and they are hereby authorized
and directed, in their discretion, to advertise and sell at public
auction, to the highest bidder, upon such terms as said board
may prescribe, all of the stock held by the state in the Lynch.
burg and Salem Turnpike Company, and if said purchase shall
be made by the supervisors of Brookville township, in the
county of Campbell, they shall be substituted to all the rights
of the state as stockholders in said company, and may make
such arrangements for the repairs and future management ot
said turnpike as may be agreed on in any general meeting of
the stockholders.

2. After defraying the expenses of said sale, whatever
amount may be realized therefrom shall be paid into the treas.
ury to the credit of the sinking fund.

' 3. This act shall be in force from its passage.