CHAP. 148.—An ACT to incorporate the Richmond Stove Company.
Approved March 3, 1880.

1. Be it enacted by the general assembly, That Edwin B.
Snead, H. Clay Chamblin, R. G. Reynolds, Wray T. Knight, W.
C. Knight and John Chamblin, and such other persons as may as-
sociate with them, be and they are hereby declared to be a body
politic and corporate by the name and style of The Richmond
Stove Company, and as such shall have perpetual succession
and a common seal; may sue and be sued, contract and be con-
tracted with, and make by-laws and regulations not inconsist-
ent with the laws of this state or of the United States, and be
subject to all general laws now existing or which may be here-
after enacted, so far as applicable to the same.

2. It shall be lawful for the said company to hold and own
by purchase or otherwise real estate sufficient for its purposes,
not exceeding five acres in the city of Richmond, nor five hun-
dred acres out of said city in this state, and erect such build-
ings or improvements and construct suck machinery on any
real estate they may acquire by purchase, lease or otherwise,
as may be necessary for its uses.

3. The said company shall have authority to carry on a gen-
eral manufacturing business and foundry business in iron and
brass, and particularly in the manufacture of stoves, house
fronts and ornamental iron-work, or other work in iron, brass
or wood. It shall be lawful for the said company to buy and
sell any articles of raw material or manufactured wares.

4. The capital stock of said corporation shall not be less
than twenty thousand dollars, nor more than one hundred
thousand dollars, to be divided into shares of one hundred
dollars each: and in all meetings of the stockholders each
share of stock shall entitle the holder to one vote, and the
said shares of stock shall be deemed personal property, and
no stockholder in said corporation shall be liable for any debt
or contract of said company beyond the amount of the stock
held by him.

5. The principal office of the said company shall be in the
city of Richmond. The officers of said company shall consist
of six directors, one of whom shall be president of the com-
pany, and a secretary, a treasurer, and a general superintend-
ent; the last three may be also directors. The following
persons shall be the officers: of said corporation until the
stockholders shall elect their successors, namely: Edwin B.
Snead, president and director; H. Clay Chamblin, secretary
and director; R. G, Reynolds, treasurer and director; Wray
T. Knight, general superintendent and director, and William
C. Knight and John Chamblin, directors.

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