Chap. 362.—An ACT to amend and re-enact the 4th and 9th sections
of an act entitled an act to incorporate the Brock’s gap, Hardy and
Hampshire railroad «<ompany, approved March 31, 1873, and first
section of an act entitled an act to amend and re-enact the first sec-
tion of an act entitled un act to incorporate the Brock’s Gap, Hardy
and Hampshire railroad company, approved March 31, 1873. and to
change its name, approved April 2, 1874.

Approved April 4, 1877.

1. Be it enacted by the general assembly, That the fourth
and ninth sections of an act entitled an act to incorporate
the Brock’s gap, Hardy and Hampshire railroad company,
approved March thirty-first, eighteen hundred and seventy-
three, and the first section of an act entitled an act to amend
and re-enact the first section of an act entitled an act to in-
corporate the Brocks’ Gap, Hardy and Hampsbire railroad
company, approved March thirty-one, eighteen hundred and
seventy-three, and to change its name, approved April se-
cond, eighteen hundred and seventy-four, be amended and
re-enacted so as to read as follows: |

§1. Be it enacted by the general assembly of Virginia, That
John Q. Wingfield, Urich Wilting, Jacob N. Ligget, John G.
Coats, J. F. Branner, P. Pugh, J. W. Busore, 8. C. Williams,
Dr. Burke Crisman, 8S. M. Yost and M. G. Harman, of Vir-
givia, and Angur M. Wood, John Hower, Barnet Brau. Oscar
Burr, James C. Poland, J. Chapline, A. H. Pownall, [saac
Hanes, Andrew W. Kerchevall, John C. Heiskill and Robert
W. Gilkeson, of West Virginia, or such of them as may ac-
cept the provisions of this act, and such persons and tncor-
porations as may become associated with them in the man-
ner hereinafter provided, shall be and they are hereby con-
stituted a body politic and corporate, by the name ot The
Petersburg, Massanutta and Toledo railway; and by that
name shall have all the powers, rights and franchises neces-
sary and proper to locate, construct and maintain a narrow
or broad-guage railroad, as the board of directors may deter-
mine, to begin at Broadway, on the Wasbington City, Vir-
ginia Midland and Great Southern railroad, in Rockingham
‘-ounty, in the state of Virginia, and to run thence through
Krocke’ gap, by the most practicable route, to some point on
.he Virginia and West Virginia state line, in the said county
of Rockingham ; and said company are authorized to extend
t heir line eastward by way of Massanutta to the city of Pe-
tersburg, Virginia, and to build a branch from any point on
Lhe said road north of the Blue Ridge to Washington city or
Georgetown, in the District of Columbia. Said company is
authorized to consolidate its line with any connecting road
mow completed which shall of its own will so consolidate.

§ 4. The capital stock of said company may be increased,
from time to time, by the board of directurs, to such an
amount as they may deem necessary for the interest of the
company, not exceeding the maximum capital stock prescribed
in this act; and the board of directors of said company, to
fully construct and equip said railway, shall have power to
issuc bonds to an amount not exceeding twenty-five thousand
dollars per mile, in sums not less than one hundred dollars.
each, and bearing interest not exceeding eight per centum,
payable, principal and interest, at such times and places and
in such manner as may be deemed most advantageous to said
company; and may secure the same by one or more mort-
gages on the road, franchises, income, and the real and per-
sonal property of the company, or such parts thereof as may
be designated in the mortgayve or mortgages.

§ 9. The work on the road herein authorized to be con-
structed, shall be commenced within two years, and com-
pleted within five years, from the passage of this act.

2. This act shall be in force from its passage.