Chap. 195.—An ACT to incorporate the Alleghany Extension Rail-
road Company.

Approved March 3, 1882.

1. Be it enacted by tho general assembly of Virginia, That
it shall be lawful for Francis O. French, John J. McCook, John
W. Simpson, Eugene R. Leland, James D. Janeway, William M.
Barnum, T. B. Brooks, Jacob Houghton, Joseph Walker, and
J. Coleman Drayton, or any five of them, to receive subscrip-
tions to the capital stock of the Alleghany Extension railroad
company, and to superintend the organization of said com-
pany. For this purpose they may cause books of subscrip-
tion to be opened, at such time and placcs as they may think
proper, on giving ten days’ notice thereof in one newspaper
published in the city of Richmond, and under the superin-
tendence of such persons as they may appoint. The sub-
scription shall be in shares of one hundred dollars each, and
when two hundred and fifty sbares shall be subscribed, the
subscribers, and such persons as thereafter may bo lawfully
associated with them, shall be a corporation, under the
name of The Alleghany Extension Railroad Company.

2. The said company may construct and operate a railroad
from any point on the main line or branch of the railroad of
the Richmand and Alleghany railroad company, west of
Lynchburg, to any point or points on the West Virginia
stato line, via Craig’s creek or Jackson’s river, or any tribu-
tary of James river, and the most practicable routes.

3. The capital stock of the said company shall not be less
than one bundred thousand dollars, nor more than three mil-
lion dollars, divided into shares of one hundred dollars each ;
and stockholders shall be entitled to one vote for each share
of stock.

4, It shall be lawful for said company to borrow money, to
issue bonds and other evidences of debt, and to secure the
payment of the same by mortgages or otherwise.

5. It shall be lawful for tho said railroad company to con-
solidate with the Richmond and Alleghany railroad com-
pany, and with any railroad company whose line or route
when constructed, shall lie wholly or partly in the state o
West Virginia, and will form a connecting line of railroad
with the said Alleghany extension railroad company, or
to consolidate with cither the said Richmond and Alleghany
railroad company, or the said company having its route or
line wholly or partly in the state of West Virginia, as afore-
said; but upon such terms and conditions as may be agreed
upon by the board of directors of said Alleghany extension
railroad company, and approved by two-thirds in interest of
its stockholders, at a meeting duly called to consider such
consolidation; and in case of such consolidation, the com-
pany formed thereby shall have and possess all the rights,
privilezes, franchises, and property, and shall be liable for all
the debts and obligations of the several constituent com-
panies: provided that in case of such consolidation with the
sid company, having a line or route, wholly or party in the
ttate of West Virginia, the company formed thereby shall
have a principal office in the city of Richmond, and be sub-
ject to the jurisdiction of the state of Virginia as far as the
property of the said company is within the confines of the
taid state.
6. This act shall be in force from its passage.

Chap. 195.—An ACT to incorporate the Alleghany Extension Rail-
road Company.

Approved March 3, 1882.

1. Be it enacted by tho general assembly of Virginia, That
it shall be lawful for Francis O. French, John J. McCook, John
W. Simpson, Eugene R. Leland, James D. Janeway, William M.
Barnum, T. B. Brooks, Jacob Houghton, Joseph Walker, and
J. Coleman Drayton, or any five of them, to receive subscrip-
tions to the capital stock of the Alleghany Extension railroad
company, and to superintend the organization of said com-
pany. For this purpose they may cause books of subscrip-
tion to be opened, at such time and placcs as they may think
proper, on giving ten days’ notice thereof in one newspaper
published in the city of Richmond, and under the superin-
tendence of such persons as they may appoint. The sub-
scription shall be in shares of one hundred dollars each, and
when two hundred and fifty sbares shall be subscribed, the
subscribers, and such persons as thereafter may bo lawfully
associated with them, shall be a corporation, under the
name of The Alleghany Extension Railroad Company.

2. The said company may construct and operate a railroad
from any point on the main line or branch of the railroad of
the Richmand and Alleghany railroad company, west of
Lynchburg, to any point or points on the West Virginia
stato line, via Craig’s creek or Jackson’s river, or any tribu-
tary of James river, and the most practicable routes.

3. The capital stock of the said company shall not be less
than one bundred thousand dollars, nor more than three mil-
lion dollars, divided into shares of one hundred dollars each ;
and stockholders shall be entitled to one vote for each share
of stock.

4, It shall be lawful for said company to borrow money, to
issue bonds and other evidences of debt, and to secure the
payment of the same by mortgages or otherwise.

5. It shall be lawful for tho said railroad company to con-
solidate with the Richmond and Alleghany railroad com-
pany, and with any railroad company whose line or route
when constructed, shall lie wholly or partly in the state o
West Virginia, and will form a connecting line of railroad
with the said Alleghany extension railroad company, or
to consolidate with cither the said Richmond and Alleghany
railroad company, or the said company having its route or
line wholly or partly in the state of West Virginia, as afore-
said; but upon such terms and conditions as may be agreed
upon by the board of directors of said Alleghany extension
railroad company, and approved by two-thirds in interest of
its stockholders, at a meeting duly called to consider such
consolidation; and in case of such consolidation, the com-
pany formed thereby shall have and possess all the rights,
privilezes, franchises, and property, and shall be liable for all
the debts and obligations of the several constituent com-
panies: provided that in case of such consolidation with the
sid company, having a line or route, wholly or party in the
ttate of West Virginia, the company formed thereby shall
have a principal office in the city of Richmond, and be sub-
ject to the jurisdiction of the state of Virginia as far as the
property of the said company is within the confines of the
taid state.
6. This act shall be in force from its passage.