An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1881/1882 |
---|---|
Law Number | 196 |
Subjects |
Law Body
Chap. 196.—An ACT to incorporate the Lynchburg Street Railway
Company and to make valid the acts of said company, under a char-
ter heretofore granted to it by the circuit judge of the city of Lynch-
burg.
Approved March 3, 1882.
1. Be it enacted by the general assembly of Virginia, That
Christopher V. Wintree, Charles W. Button, J. P. Bell, John
D. Holt, Alexander A. Tunstall, Stephen Adams, J. Philip
Shaner, John Helbig, and Robert T. Craighill, and their asso-
cates andl successors, be and are hereby constituted a body
corporate, by the name and style of the Lynchburg street rail-
way company.
2. The said company shall have power and authority to
construct, equip, maintain, and operate a street railway along
the streets of Lynchburg, with consent of the common coun-
nl of said city, and into any adjoining county, with consent
of the county court of such county.
3. It shall be lawful for said company to transport passen-
gers, freights,and baggage over the line of their railway, and
to collect fare and tolls for tho same.
4. The capital stock of said company shall not be less than
ten thousand dollars nor more than one hundred thousand
dollars, divided into shares of twenty-five dollars each.
3. The said company may acquire and own real estate not
t exceed two acres, and shall always have its principal office
inthe city of Lynchburg, whether its said road be leased to
non-residents or otherwise.
6. Said company shall have power and authority to lease
its said road, and to borrow money for the uses of the corpo-
ration, and to secure such loans by deed of trust or mort-
gage on all or part of its estate and franchises and income.
7. The corporators herein named shall constitute the board
of directors, who, until their successors are elected by the
stockholders, shall manage the affairs of said company.
8. And whereas a charter of incorporation was granted to
the corporators hereinbefore named, by the circuit judge of
the city of Lynchburg, on July thirty-first, eighteen hun-
dred and eighty, under the same name, for the same purposes
and to same effect as is granted by the foregoing sections of
this act, and whereas said corporators, in pursuance of said
charter so granted, did organize, and did thereupon construct,
equip, and begin to operate and have since been operating,
the line of street railway contemplated in said cbarter, and
did make contracts, and acquire property and issue its stock
in shares of twenty-five dollars each; and whercas some
doubts have been suggested whether said circuit court had
the power to grant said charter; now, therefore, for the pur-
pose of settling such doubts and of curing all formal and
technical defects in the proceedings and transactions of said
company—
9. Be it enacted by the general assembly, That all acts,
proceedings, transactions, contracts, and agreements, done
and entered into by the aforesaid parties, and their succes-
sors, or their agents, in the name of the Lynchburg street
railway company, and all titles and rights of every kind and
nature whatsoever, acquired by said company, under and in
pursuance of said charter, not otherwise illegal or inconsist-
ent with the laws of this state, from and after the said thirty-
first day of July, eighteen hundred and eighty, shall be held
and taken to be, and to have been from the aforesaid date, of
the same force, virtue, and effect, in all respects, as if said
charter were clearly and in every respect certainly valid,and
no doubt bad ever been suggested as to the lawful authority
thereof, and as if the said charter had originally been granted
by an act of the general assembly of this state.
10. This act shall be in force from its passage.
Chap. 196.—An ACT to incorporate the Lynchburg Street Railway
Company and to make valid the acts of said company, under a char-
ter heretofore granted to it by the circuit judge of the city of Lynch-
burg.
Approved March 3, 1882.
1. Be it enacted by the general assembly of Virginia, That
Christopher V. Wintree, Charles W. Button, J. P. Bell, John
D. Holt, Alexander A. Tunstall, Stephen Adams, J. Philip
Shaner, John Helbig, and Robert T. Craighill, and their asso-
cates andl successors, be and are hereby constituted a body
corporate, by the name and style of the Lynchburg street rail-
way company.
2. The said company shall have power and authority to
construct, equip, maintain, and operate a street railway along
the streets of Lynchburg, with consent of the common coun-
nl of said city, and into any adjoining county, with consent
of the county court of such county.
3. It shall be lawful for said company to transport passen-
gers, freights,and baggage over the line of their railway, and
to collect fare and tolls for tho same.
4. The capital stock of said company shall not be less than
ten thousand dollars nor more than one hundred thousand
dollars, divided into shares of twenty-five dollars each.
3. The said company may acquire and own real estate not
t exceed two acres, and shall always have its principal office
inthe city of Lynchburg, whether its said road be leased to
non-residents or otherwise.
6. Said company shall have power and authority to lease
its said road, and to borrow money for the uses of the corpo-
ration, and to secure such loans by deed of trust or mort-
gage on all or part of its estate and franchises and income.
7. The corporators herein named shall constitute the board
of directors, who, until their successors are elected by the
stockholders, shall manage the affairs of said company.
8. And whereas a charter of incorporation was granted to
the corporators hereinbefore named, by the circuit judge of
the city of Lynchburg, on July thirty-first, eighteen hun-
dred and eighty, under the same name, for the same purposes
and to same effect as is granted by the foregoing sections of
this act, and whereas said corporators, in pursuance of said
charter so granted, did organize, and did thereupon construct,
equip, and begin to operate and have since been operating,
the line of street railway contemplated in said cbarter, and
did make contracts, and acquire property and issue its stock
in shares of twenty-five dollars each; and whercas some
doubts have been suggested whether said circuit court had
the power to grant said charter; now, therefore, for the pur-
pose of settling such doubts and of curing all formal and
technical defects in the proceedings and transactions of said
company—
9. Be it enacted by the general assembly, That all acts,
proceedings, transactions, contracts, and agreements, done
and entered into by the aforesaid parties, and their succes-
sors, or their agents, in the name of the Lynchburg street
railway company, and all titles and rights of every kind and
nature whatsoever, acquired by said company, under and in
pursuance of said charter, not otherwise illegal or inconsist-
ent with the laws of this state, from and after the said thirty-
first day of July, eighteen hundred and eighty, shall be held
and taken to be, and to have been from the aforesaid date, of
the same force, virtue, and effect, in all respects, as if said
charter were clearly and in every respect certainly valid,and
no doubt bad ever been suggested as to the lawful authority
thereof, and as if the said charter had originally been granted
by an act of the general assembly of this state.
10. This act shall be in force from its passage.