Chap. 220.—An ACT to incorporate the Alleghany Mining and Manu-
: facturing Company.

Approved March 12, 1878.

_ 1. Be it enacted by the general assembly, That Charles 8.
Carrington, W. W. Gordon, Harrison Robertson, Joseph H.
Shultz, and such other persons as may hereafter be associated
with them, shall be and they are hereby incorporated and
made a body politic and corporate, by the name and style of
The Alleghany Mining and Manufacturiug Company, for the
purpose of mining iron, lead and other minerals on their
ands in the county of Alleghany, and in the county of
Botetourt, and on such other lands as the said company may
hereafter acquire in said counties, not exceeding twenty-five
thousand acres in each of said counties; and for the purpose
of smelting, working, and manufacturing the said minerals,
or any of them, and transporting the same to market, and
procuring supplies of fuel and other materials necessary or
convenient for mining or manufacturing as aforesaid, and for
transacting the usual business of such mining and manufac-
turing companies.

2. The said company and their successors, for the purposes
aforesaid, are hereby invested with all the rights, powers,
and privileges, and made subject to all the restrictions, regu-
lations, and duties now provided by the fifty-sixth and fifty-
seventh chapters of the Code of eighteen hundred and
seventy-three, so far as the same apply and are not incon-
sistent with the provisions of this act.

3. The capital stock of said company shall not be less than
one hundred thousand dollars, nor more than two millions of
dollars, to be divided into shares of one hundred dollars each;
which shall be deemed personal property.

4, At all meetings of the stockholders of the said company,
each share of stock shall be entitled to one vote.

5. For the purpose of enabling the said company to trans-
port the products of their mines or manufactories and receive
proper supplies of fuel and other materials, the said company
shall have power to construct and operate one or more branch
railways, from any part of their lands, to the nearest line of
railroad, and to acquire the right of way and road-beds for
such branch railways, by gift, purchase, or condemnation, in
the manner prescribed for internal improvement companies
by the said fifty-sixth chapter of the Code of eighteen hun-
dred and seventy-three: provided that no such branch rail-
way shall exceed ten miles in length: and provided, also,
that every such branch railway shall be located by a conve-
nient, direct, and practicable route, from the mine or factory
of the company to the nearest line of railroad, having due
regard to the topography of the land lying between them
and the said railroad.

6. The said company shall have power to contract with
the nearest railroad company, or with any Other mining or
manufacturing company, for dividing or sharing the cost and
expenses of constructing or operating any such branch rail-
way, or for the use of any other adjacent branch railway,
jointly, on such terms as may be agreed upon.

7. The corporators named in the first section of this act,
and such others as they may associate with them, not ex-
ceeding seven in all, shall be the directors of said company
for the first year, and until their successors shall have been
duly elected and qualified in the manner prescribed by law.

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