Chap. 19.—An ACT to incorporate the Buchingham Railroad
Company.

Approved Mareh 28, 1879.

1. Be it enacted by the general assembly, That John J.
Roberts, John W. Edwards, John Davis, V. R. Brooks, John
T. McKenna, Ii. 8. Nicholas, J. Ml Nowell, G. B. Hanes, J. B.
Gilliam, Samuel D. Tlolman, P. A. Forbes, William A. Moss,
Cesar Perkins, ————- Chiles, Dashwood Jones, James B. Fick-
lin, Henry Miller, of Ohio; James S. Welles, of New York;
and John P. Jones, of Nevada, or any five of them, are hereby
authorized to open books of subscription to the capital stock
of the Buckingham railroad company, at the town of New Can-
ton, at Buckingham courthouse, or in the city of Richmond,
at one or more of said places, and whenever ten thousand dol-
lars shall have been subscribed by persons or corporations, and
the percentage required by law shail have been paid on such
subscriptions, the subscribers, or a majority of them, may
organize the company, and thereupon they and such persons
or corporations a8 may be lawfully associated with them, their
successors and assigns, shall be a body corporate, under
the name and style of the Buckingham railroad company, with
authority to build and operate a railroad from Bremo bluff, in
the county of Fluvanna, via the slate quarries on Hunter's
creek, to Buckingham courthouse, with authority to extend the
same to any point on the Atlantic, Mississippi and Ohio rail-
road, with all the powers and privileges and subject to all the
provisions of the Code of Virginia respecting such corpora-
tions.

2. The capital stock of said company shall not be less than
ten thousand dollars, nor more than two hundred thousand dol-
lars, unless the company shall by a two-thirds vote extend the
same to five hundred thousand dollars, to be divided into shares
of one hundred dollars each.
3. Subscriptions to the stock of said company may be made
in money, materials or land, and said company may also acquire
land by gift or purchase, and shall have power to hold and sell
the same: provided that the amount of land so held at any
one time shall not exceed one hundred thousand acres.

4. The county of Buckingham is hereby authorized to sub-
scribe to the capital stock of the said company im the manner
and under the terms and conditions prescribed by the Code of
Virginia, and in payment of such subscription the said county
may issue its bonds bearing interest at six per centum per
annum, and the Richmond and Alleghany railroad company
and any mining or manufacturing company may subscribe to
said capital stock.

5. It shall be lawful for the said Buckingham railroad com-
pany to borrow money at a rate of interest not exceeding six
per centum per annum, and to secure the same by mortgage
or deed of trust upon its railroad property and lands.

6. The construction of said railroad shall be commenced
within twelve months, and completed to Buckingham ccurthouse
within five years.

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