CHAP. 147.—An ACT to incorporate the Jeffersonville and Marion
Turnpike and Telegraph Company.

Approved March 3, 1880.

1. Be it enacted by the general assembly of Virginia, That
A. J. Correll, A. T. Buchanan, William E. Peery, E. R. Thomp-
son, E. B. Ward, William H. Hughes, Israel H. Buchanan, H.
B. Harman, S. S. Dinwiddie, John D. Peery, George Shauver,
John M. Brown, H. G. Peery, A. M. Young, John A. Neel, and
such other persons as may hereafter be associated with them,
be and are hereby made a body corporate and politic under the
name, style and title of The Jeffersonville and Marion Turn-
pike and Telegraph Company, with full and adequate powers
to construct a turnpike road from some point at or near the
town of Jeffersonville, in Tazewell county, Virginia, via Thomp-
son valley, Poor valley and Rich valley, passing by or near the
plaster banks in Locust Cove known as the Buchanan plaster
banks, and from thence the most practicable route so as to
intersect the main road leading from Chatham Hill, in the
county of Smyth, to the town of Marion in Smyth county,
Virginia, with power also to construct a telegraph line from
the said town of Jeffersonville to the said town of Marion,
with the right to establish such telegraphic offices on said line
as they may deem necessary, and to charge a reasonable com-
pensation for all telegrams by them sent on said line, not to
exceed the usual fees for such service. Said company is also
hereby vested with full power and authority to acquire by gift
or purchase, or by condemnation according to law, so much
_ land, timber and rock as may be necessary for the constructien

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and operation of said road and telegraph line: provided, that
said turnpike road shall not be less than twenty feet nor more
than sixty feet in width.

2. Books of ‘subscription to the capital stock of said company
may be open in the towns of Jeffersonville and Marion and at
Chatham Hillunder the supervison of any three of the above
named corporators, who are hereby authorized to act as com-
misioners, at such time as said company may designate. The

- Capital stock of said company shall not be less than five hun-

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dred dollars nor more than ten thousand dollars, to be divided
into shares of ten dollars each.

3. The said company is hereby clothed with all powers, privi-
leges and franchises conferred on turnpike and telegraph com-
panies by the existing laws of this commonwealth: provided,
that said company shall be at liberty to dispense with a sum-
mer or a side road to said turnpike, and that said company
shall not be compelled to pave or cover said road with stone or
_ gravel.

4. The corporators and stockholders of said company shall
meet at Jeffersonville, in the county of Tazewell, on the first
Monday in March in the year eighteen hundred and eighty,
or as soon thereafter as may be agreed upon by said company,
at which time and place they shall elect a president and a board
of directors consisting of not less than three nor more than
five persons, and such other officers as they may deem neces-
sary, and pass any by-laws not in conflict with the constitution
and laws of this state or the constitution and laws of the
United States which they may deem necessary for their govern-
ment. All elections after the first held by said company shall

' be at such time and place as they may direct. All officers

elected by said company shall hold their office for such length
of time as may be agreed upon by said company, and after-
wards until their successors are elected and qualified to enter

o upon the duties of their respective offices. The term of all

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officers elected by said company shall commence at such time
as may be prescribed by said company.

5. Said company shall have the right to cross the beds of such
public roads as may be necessary.

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