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 |
---|---|
Law Number | 32 |
Subjects |
Law Body
Chap. 32.—An ACT to Incorporate The Columbia, Fairfax and Prince
William Railroad Company.
Approved February 11, 1874.
r
1. Be it enacted by the general assembly of Virginia, That ¢
it shall be lawful to open books of subscripti®As for the cap- %
ital stock of a company to be incorporated by the name off
The Columbia, Fairfax and Prince William Railroad Com-
pany, for the purpose of constructing a railroad from a pomt
on the Potomac river, at or near the long bridge, or at any
other point as far north as the chain bridge, or upon an
railroad leading to the District of Columbia, to connect wit
the Washington City, Virginia Midland, and Great Southern
railroad, at or near Gainesville, in the county of Prince Wil-
liam, by the way of Fairfax courthouse.
2. Be it further enacted, That the following persons are ap- c
pointed eommissionérs to receive such subscriptions, namely: £
homas R. Love, James P. Machen, B. Canfield, W. T. Rum-
sey, H. W. Thomas, Thomas Moore, J. T. Leachman, W. W.
Davis, B. F. Lewis, William Ayre, Newman Burke, Robert
Mason and John T. Kidwell. A majority of said commie-}
sioners may appoint agents, or any one of them may in per- *
son. open books, and receive subscriptions, to be made by in-
dividuals or corporations, at any place or places, either in or
out of this state. "
3. That the capital stock of said company shall not be less c
than fifty thousand dollars, nor more than one million, five
hundred thousand dollars, to be divided into shares of one
hundred dollars each. Whenever fifty thousand dollars shall v
be subscribed, and two per centum upon the same shall be 4
aid, the subscribers shall be incorporated by the name, and
or the purposes mentioned in the first section of this act,
and shall have full power and authority to effect the same.
4. It shall be lawful for the said company, by and with the
consent of the stockholders in general meeting assembled, to =
company, by mortgage or otherwise, for the payment of the
same, and the interest that may accrue thereon.
Real estate 5. It shall be lawful for the said company to receive, not
exceeding fifty thousand acres of land, in payment of sub-
scriptions of stock: provided, that it shall not be lawful for
the said company to hold any land under this act longer than
ten years, except that necessary for the use of the road.
6. That the company hereby incgrporated shall have the
right to make convenient connections with any other road
vr roads now or hereafter to be constructed in this state
within the limits aforesaid; and also within the same limits
to purchase any part of any road bed or track now belong-
to any other company, and appropriate the same to the
purposes of this company.
7.The construction of the said Columbia, Fairfax and
Prince William railroad, shall be commenced within three
years, and the same shall be completed within six years from
the passage of this act, and the said company shall be sub-
ject to the general railroad law of Virginia, except as far as
is otherwise provided.
8. This act shall be in force from its passage.