An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1874/1875 |
---|---|
Law Number | 223 |
Subjects |
Law Body
Chap. 223.—An ACT to incorporate The Richmond and Mecklenberz
Railroad Company.
Approved March 25, 1875.
1. Be it enacted by the gencral assembly of Virginia, That
it shall be lawful to open books of subscription in ‘the city of
Richmond, under the direction of A. L. Ellett, W. T. Car-
rington, and John Booker, or any of them; in Chase City,
Mecklenburg county, Virginia, under the direction of George
A. Endly, John I. Boyd, and T. G. Finch, or any of them;
in the town of Boydton, under the direction of LL. E. Finch,
J. P. Thrower, and E. B. Goode, or any of them; and in the
town of Clarksville, under the direction of T. F. Humphreys,
Ib. K. Harris, and Tucker Carrington, or any of them; and
in such ether place or places, under the direction of’ such
agent or agents as a majority of the commissioners at eitber
of the above named places may designate, for the purpose of
receiving subscriptions to an amount not exceeding tive hua-
dred thousand dollars, in shares of one hundred dollars eaeb,
to constitute a joint capital stock for constructing, com-
pleting, equiping and operating a railroad from some point
at or near Keysville, on the Richmond and Danville railroad,
or some point at or near Blacks and Whites, on the Atlantic,
Mississippi and Ohio railroad, via Chase City to the town of
Clarksville, Virginia, or some point on the Roanoke river, in
the county ‘of Mecklenburg, or both, as the stockholders may
thereafter determine.
2. Be it further enacted, That whenever twenty-five thou-
sand dollars of the amount aforesaid shall have been sub-
scribed, the subscribers, their successors and assigns, shall be,
and they are hereby declared and constituted a body politic
and corporate, under the name and style of The Richmond
and Mecklenburg Railroad Company, and as such shall be
entitled to all the privileges and subject to all the restric-
tions and regulations imposed by the Codo of Virginia, and
the laws amendatory thereof, so far as tho same are applica-
ble to said corporation and not inconsistent with the pro-
visions of this act.
3. Be it further enacted, That the said company, when or.
ganized, sball have authority, in prosecuting their work,
hereinbefore described, to build their road, or any part
thereof, of any gauge and description, and opcrate the same
in such manner as the said company may determine and
direct as best for their interests, with the right to change or
modify the gauge, or otherwise alter the structuro and opera-
tion of their said road at any time, as their means or in-
terests may justify or require.
4. Be it further emacted, That the city of Richmond, or
any other town, city, county, or other corporation of the
state of Virginia, whether municipal or other, may subscribe
to the capital stock of said company as now or shall bo here-
after provided by law; and any stockholder therein shall be
entitled, in all meetings of said company, to give as many
votes as he shall have shares therein. After said company
shall bave been organized, it may, under such regulations as
may be deemed proper, provide for the reception and pay-
ment of subscfiptions to said capital stock, in money, labor,
property, material for construction, equipment, bonds or
other means available for their purposes, and for the issuance
of scrip for all such stock when fully paid or settled.
5. Be it further enacted, That the said company, when or-
ganized, shall have full power and authority to acquire, by
purchase, gift, grant, cession, transfer, release or otherwise,
all the rights, ‘franchises and property of what was formerly
known as the Roanoke V: alley railroad, extending from Keys-
ville to Clarksville, and to hold, use and enjoy ‘the same, in
like manner as heretofore granted, and to this end may make
and enter into any contract or agreement therefor with any
parties, individuals or corporations, which may be lawfally
made.
6. This act shall be in force from and after the date of its
passage.