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 |
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Law Number | 258 |
Subjects |
Law Body
Chap. 258.—An ACT to incorporate the Great Natural Bridge and
Tunnel Company.
Approved March 6, 1882.
1. Be it enacted by the general assembly of Virginia, That
I. C. Fowler, W. W. James, Senior, W. D. Jones, and Elbert
Fowler, and their associates who may become stockholders,
be and they are hereby made a body politic and corporate,
under the name and style of The Great Natural Bridge and
Tunnel Company, and shall have perpetual succession, with
the right to sue and be sued, plead and be impleaded, defend
and be defended in all courts, whether in law or equity, and
may make and have a common seal, and alter or renew the
same at pleasure, and shall have and enjoy all the rights and
privileges granted by the general laws of this state, and may
make by-laws, rules, and regulations for the government of
the company, its officers, agents, property, and estates, and
the due and orderly conduct of its affairs.
2. The capital stock of said company shall be two hundred
and fifty thousand dollars, and the said company may, from
time to time, issue and sell, under such regulations and upon
such terms as the board of directors of suid company may,
from time to time, prescribe, common and preferred stock, in
shares of one hundred dollars each, until the whole of the
capital stock is taken; and the capital stock may be, at any
, Google
time, increased as they may deem necessary to meet the
requirements of their business; and the said company may,
frou. time to time, issue bonds and borrow such sums of
money as may be necessary to complete its works and carry
on its business, and may secure the same by deeds of trust
or mortgage upon its property and franchise, or any part
thereof, and the bonds issued under this section may be sold
for such sums, and upon such terms, as the board of directors
may deem expedient.
3. The said company is authorized and empowered to pur-
chase, hold, own, lease, and control real and personal estate,
and may lay out any of its lands into parks, fote, streets, and
alleys, and may, from time to time, improve, sell, and lease
the same, or any part thereof. It may build and operate
hotels, bridges, electric lights, and elevators, with any other
buildings and machinery deemed necessary for their business,
and may charge fees of admission to its baths, parks, or any
of its property or grounds.
4. And said company may quarry and mine stone, marble,
coal, iron ore, and other metals and minerals, erect mills and
furnaces, manufacture coke, iron, steel, and other metals into
any article that may be made therefrom; may cut timber, saw
and manufacture the same, and sell any of their minerals,
metals, timber, or products in a crude or manufactured state,
and may build and operate railroad tracks to or from any
point or points on its property: provided that no one of said
tracks shall exceed five miles in lenyth; and may buy and
sell goods, wares, and merchandise.
5. No stockholder in said company shall ever be held lia-
ble or made responsible for its debts and liabilities in a
larger or further sum than the amount of any unpaid bal-
ances due to the said company for stock subscribed for by
said stockholders.
6. The board of directors stall be stockholders in said
company, and the number of directors shall be three o1
more. They shall appoint one of their number president.
The persons first named in this act shall constitute the first
board of directors, and shall continue in office until the first
meeting of the stockholders; at the first and every annual
meeting, so many directors shall be elected as may be pre.
scribed by the by-laws and regulations of said company.
7. Whenever stock to the amount of five thousand dollars
is subscribed or sold, the first meeting of the company may
be held, and the company duly and legally organized, and
no advertisement other than notice to the stockholders shal
be necessary.
8. The principal office of the company shall be kept ai
Goodson, Virginia, until otherwise ordered by the stockhol
ders; and the said company shall forever be liable to the
general laws of this state and the jurisdiction of its courts
9. This act shall be in force from its passage.
Chap. 258.—An ACT to incorporate the Great Natural Bridge and
Tunnel Company.
Approved March 6, 1882.
1. Be it enacted by the general assembly of Virginia, That
I. C. Fowler, W. W. James, Senior, W. D. Jones, and Elbert
Fowler, and their associates who may become stockholders,
be and they are hereby made a body politic and corporate,
under the name and style of The Great Natural Bridge and
Tunnel Company, and shall have perpetual succession, with
the right to sue and be sued, plead and be impleaded, defend
and be defended in all courts, whether in law or equity, and
may make and have a common seal, and alter or renew the
same at pleasure, and shall have and enjoy all the rights and
privileges granted by the general laws of this state, and may
make by-laws, rules, and regulations for the government of
the company, its officers, agents, property, and estates, and
the due and orderly conduct of its affairs.
2. The capital stock of said company shall be two hundred
and fifty thousand dollars, and the said company may, from
time to time, issue and sell, under such regulations and upon
such terms as the board of directors of suid company may,
from time to time, prescribe, common and preferred stock, in
shares of one hundred dollars each, until the whole of the
capital stock is taken; and the capital stock may be, at any
, Google
time, increased as they may deem necessary to meet the
requirements of their business; and the said company may,
frou. time to time, issue bonds and borrow such sums of
money as may be necessary to complete its works and carry
on its business, and may secure the same by deeds of trust
or mortgage upon its property and franchise, or any part
thereof, and the bonds issued under this section may be sold
for such sums, and upon such terms, as the board of directors
may deem expedient.
3. The said company is authorized and empowered to pur-
chase, hold, own, lease, and control real and personal estate,
and may lay out any of its lands into parks, fote, streets, and
alleys, and may, from time to time, improve, sell, and lease
the same, or any part thereof. It may build and operate
hotels, bridges, electric lights, and elevators, with any other
buildings and machinery deemed necessary for their business,
and may charge fees of admission to its baths, parks, or any
of its property or grounds.
4. And said company may quarry and mine stone, marble,
coal, iron ore, and other metals and minerals, erect mills and
furnaces, manufacture coke, iron, steel, and other metals into
any article that may be made therefrom; may cut timber, saw
and manufacture the same, and sell any of their minerals,
metals, timber, or products in a crude or manufactured state,
and may build and operate railroad tracks to or from any
point or points on its property: provided that no one of said
tracks shall exceed five miles in lenyth; and may buy and
sell goods, wares, and merchandise.
5. No stockholder in said company shall ever be held lia-
ble or made responsible for its debts and liabilities in a
larger or further sum than the amount of any unpaid bal-
ances due to the said company for stock subscribed for by
said stockholders.
6. The board of directors stall be stockholders in said
company, and the number of directors shall be three o1
more. They shall appoint one of their number president.
The persons first named in this act shall constitute the first
board of directors, and shall continue in office until the first
meeting of the stockholders; at the first and every annual
meeting, so many directors shall be elected as may be pre.
scribed by the by-laws and regulations of said company.
7. Whenever stock to the amount of five thousand dollars
is subscribed or sold, the first meeting of the company may
be held, and the company duly and legally organized, and
no advertisement other than notice to the stockholders shal
be necessary.
8. The principal office of the company shall be kept ai
Goodson, Virginia, until otherwise ordered by the stockhol
ders; and the said company shall forever be liable to the
general laws of this state and the jurisdiction of its courts
9. This act shall be in force from its passage.