‘Chap. 146.—An ACT to incorporate The Virginia Land and Immigra-
tion Socicty.

Approved March 8, 1875.

Whereas, it is represented that A. M. English, A. G. Cox,
W. iH. Bolling and G. J. Holbrook, and others, have associa-
ted themselves together for the purpose of introducing cap-
ital and immigration in the state of Virginia, and disposing
of real estate to the best advantage for the benefit of those
now unable to dispose of their surplus lands; and believing
that by prompt and judicious measures their object in view
ean be accomplished, to effect which corporate facilitics and
privileges are deemed expedient,

1. Be it enacted by the general assembly of Virginia, That
the persons above named and such others as they may here-
after associate with them, be and the¥ are hereby created a
body politic and corporate, under the name and style of The
Virginia Land and Immigration Society, for the purpose
aforesaid.

2. The said corporation is hereby invested with power to
buy, sell, and deal in real estate upon such terms and in such
manner as to them shall seem most expedient and best cal-
culated to effect the objects and purposes aforesaid: provided,
said company shall be subject to all the laws now in force
regulating the government of corporations generally: and
provided further,.that said company shall not own in its own
right more than one hundred thousand dollars worth of real
estate at any one time. The said corporation may sell at
private sale, or expose to public auction, or in such other
manner as to them seem judicious, all or any part of the real
estate owned by them or in their hands for sale. The prin-
cipal office of said company shall be located in the town of

ytheville, Virginia. :

3. The said corporation shall report, annually, to the Jan-
aary term of the county court in which the land is situated,
all sales made by them in such county, and the prices ob-
tained therefor, and the court or courts of said counties shall
make an order instructing the treasurer of the county to col-
lect from the said company such tax as is réquired by law to
be paid by land agents. .
4. This act shall be in force from its passage.