Chap. 260.—An ACT to incorporate the Moccasin Manufacturing
Company.

Approved March 6, 1882.

1. Be it enacted by the general assembly, That R. A.
Ayera, William C. Fugate, W. A. Ayers, John M. Johnson,
hh. A. Morrison, A. B. Eaton, and H. C. Barr, or such of
them as may accept the provisions of this act, their associ-
ates and successors, be and they are hereby incorporated
and made a body politic and corporate, under the name and
style of the Moccasin Manufacturing Company, and by that
name shall be known in law, and shall have perpetual suc-
cession, and have power 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, enjoy,
and exercise all the rights, powers, and privileges pertaining
to corporate bodies and necessary for the purposes of this
act, and may make by-laws, rules, and regulations, consistent
With existing laws of the state, for the government of all
under its authority, the management of its estates and prop-
erties, and the due and orderly conduct of its affairs.

2. The capital stock of said company shall not be less
than five thousand dollars, and may be increased to any
amount not exceeding five hundred thousand dollars, by
issue and sale of shares thereof, not less than ten dollars
each, from time to time, under such regulations as the board
of directors of said company shall, from time to time, pre-
scribe; and the directors may receive real and personal
property in payment for subscriptions to the capital stock, at
such valuation as may be agreed upon between the directors
and the subscriber.

3. The said company is authorized and empowered to pur-
thase, hold, own, lease, and control, in any manner, grant,
bargain, sell, mortgage, convey, develop, work, improve, cul-
tivate, and otherwise dispose of real and personal estate in
this state, or elsewhere: provided that said company shall
not own more than twenty-five thousand acres of land at
any one time.

4. The said company is authorized and empowered to mine
ind quarry coal, iron ore, marble, and other mineral sub-
tances, and prepare and manufacture the same for use and
company to subscribe to and hold shares in the capital stock
of, or bonds of any other incorporated company, whenever
the board of directors of the Moccasin manufacturing com-
pany shall deem it to its interest so to do.

10. No stockholder in said company shall ever be held
liable or made responsible for its debts and liabilities in a
larger or further sum than the amount of any unpaid balance
due to the said company for stock subscribed for by said
stockholder.

ll. Whenever this corporation shall exercise any of the
privileges conferred by this act, it shall be liable to the same
taxes as may be imposed by law upon other like corpora-
tions, or persons exercising like privileges.

12. The charter hereinbefore granted, except as to matters
herein otherwise specially provided for, is hereby declared to
be subject to the provisions of the general law in regard to
chartered companies and corporations, as expressed in the
Code of Virginia, edition of eighteen hundred and seventy-
three, chapters fifty-six, fifty-seven, fifty-eight, fifty-nine, and
sixty-one.

13. This act shall be in force from its passage; but the
general assembly of the state of Virginia reserves to itself
the right to modify, alter, or repeal this act at any time
hereafter.

Chap. 260.—An ACT to incorporate the Moccasin Manufacturing
Company.

Approved March 6, 1882.

1. Be it enacted by the general assembly, That R. A.
Ayera, William C. Fugate, W. A. Ayers, John M. Johnson,
hh. A. Morrison, A. B. Eaton, and H. C. Barr, or such of
them as may accept the provisions of this act, their associ-
ates and successors, be and they are hereby incorporated
and made a body politic and corporate, under the name and
style of the Moccasin Manufacturing Company, and by that
name shall be known in law, and shall have perpetual suc-
cession, and have power 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, enjoy,
and exercise all the rights, powers, and privileges pertaining
to corporate bodies and necessary for the purposes of this
act, and may make by-laws, rules, and regulations, consistent
With existing laws of the state, for the government of all
under its authority, the management of its estates and prop-
erties, and the due and orderly conduct of its affairs.

2. The capital stock of said company shall not be less
than five thousand dollars, and may be increased to any
amount not exceeding five hundred thousand dollars, by
issue and sale of shares thereof, not less than ten dollars
each, from time to time, under such regulations as the board
of directors of said company shall, from time to time, pre-
scribe; and the directors may receive real and personal
property in payment for subscriptions to the capital stock, at
such valuation as may be agreed upon between the directors
and the subscriber.

3. The said company is authorized and empowered to pur-
thase, hold, own, lease, and control, in any manner, grant,
bargain, sell, mortgage, convey, develop, work, improve, cul-
tivate, and otherwise dispose of real and personal estate in
this state, or elsewhere: provided that said company shall
not own more than twenty-five thousand acres of land at
any one time.

4. The said company is authorized and empowered to mine
ind quarry coal, iron ore, marble, and other mineral sub-
tances, and prepare and manufacture the same for use and
company to subscribe to and hold shares in the capital stock
of, or bonds of any other incorporated company, whenever
the board of directors of the Moccasin manufacturing com-
pany shall deem it to its interest so to do.

10. No stockholder in said company shall ever be held
liable or made responsible for its debts and liabilities in a
larger or further sum than the amount of any unpaid balance
due to the said company for stock subscribed for by said
stockholder.

ll. Whenever this corporation shall exercise any of the
privileges conferred by this act, it shall be liable to the same
taxes as may be imposed by law upon other like corpora-
tions, or persons exercising like privileges.

12. The charter hereinbefore granted, except as to matters
herein otherwise specially provided for, is hereby declared to
be subject to the provisions of the general law in regard to
chartered companies and corporations, as expressed in the
Code of Virginia, edition of eighteen hundred and seventy-
three, chapters fifty-six, fifty-seven, fifty-eight, fifty-nine, and
sixty-one.

13. This act shall be in force from its passage; but the
general assembly of the state of Virginia reserves to itself
the right to modify, alter, or repeal this act at any time
hereafter.