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 | 261 |
Subjects |
Law Body
CHAP. 261.—An ACT to incorporate the Farmville and Staunton
River Railroad Company.
Approved March 6, 1882.
1. Be it enacted by the general assembly of Virginia, That
%. 8. Paulett, W. G. Dunnington, B. L. Anderson, C. M. Wal-
cer, W. W. H. Thackston, S. B. McKinney, R. M. Burton,
-eter Winston, W. P. Gilliam, A. R. Venable, junior, G. W.
Javis, J. M. Crute, J. P. Fitzgerald, J. L. White, H. R.
looper, A. W. Drumellet, N. H. Champlin, B. 8. Hooper, T.
’, Robertson, and F. N. Watkins, of the town of Farmville;
. E. Eggleston, J. M. Venable, C. H. Bliss, senior, A. J.
rice, and D. Kemper, of the county of Prince Edward; P.
i. Flournoy, J. W. Eggleston, William T. Scott, M. M. Mar-
in, W. R. Gaines, and A. J. Terry, of the county of Char-
tte; W. L. Lancaster and B. A. Wilson, of the county of
umberland; Ed. W. Hubard, J. B. Ficklin, J. V. Crute, R.
. Baldwin, and J. A. Wright, of the county of Bucking-
am; John Booker, W. J. Johnson, Robert T. Hubbard, and
_W. Fisher, of the city of Richmond; and H. 8S. Reynolds,
f the city of Norfolk, or such of them as may accept the
rovisions of this act, and such persons and corporations as
ay be associated with them in the manner hereinafter pro-
ded, shall be, and they are hereby constituted a body poli-
tic and corporate, by the name and style of Farmville and
Staunton River Railroad Company, and by that name shall
have all the powers, rights, and franchises necessary and
proper to locate, construct, and maintain a narrow gauge
railroac, or a standard gauge railroad—whichever gauge the
said company mav choose to adopt—to be known as the
Farmville and Staunton River railroad; to begin at. the town
of Farmville, in the county of Prince Edward; thence through
the county of Prince Edward, by or near Hampden Sidney col-
lege; and through the county of Charlotte, to some point on
Staunton river, not above or west of Brookneal.
2. That the capital stock of said company may be five
hundred thousand dollars, to be divided into shares of fifty
dollars cach, and may be increased, from time tu time, by the
board of directors, to such an amount as may be necessary
for the completion of said railroad; and such company may
be fully organized whenever a sufficient amount of said stock
bas been taken to justify, in the opinion of the corporators,
the commencement of said work. And the board of direc-
tors of such company, in order to fully construct and equip
said railroad, shall also have the power to issue bonds, in
sums of not less than one hundred dollars each, payable,
principal and interest, at such times and places, and in such
manner as may be deemed most advantageous to said com-
pany, and may secure the same by one or more mort-
gages on the road, income, franchises, and real and personal
property of the company, or such parts thereof as may be
designated in the mortgage or mortgages.
3. The corporators cnumerated in the first section of this
act, or any fifteen of them—a majority of those resident in
each county having been first notified of the time and place
of meeting—may meet for the purpose of effecting a tem-
porary organization, which temporary organization shall
continue in force for two years, unless a permanent organi-
zation shal] be sooner effected. A president, directors, and
such other officers as the corporators may deem necessary
and expedient, shall be elected; and the general law of the
state in reference to incorporated and internal improvement
companies shall, in all respects consistent with this act, apply
to said company.
4. It shall be lawful for said company to acquire in sub-
scriptions to the capital stock of said company, or by dona-
tions or otherwise, lands, mines, property, material, or labor,
or to receive subscriptions from other companies, associa-
tions, and corporations, and to make such arrangements as
shall be mutually agreed upon by the respective boards of
directors of said companies, associations, and corporations,
for the endorsement of, sale or exchange of stock, whereby
facilities may be increased for the speedy completion of said
railroad ; and the said company may sell, lease, or otherwise
dispose of any lands or other property acquired under this
section of this act, at their pleasure.
ACTS OF ASSEMBLY.
5. The said railroad company shall have power to build
branch lateral roads, not exceeding twenty miles each in
length, from their main line to connect with mines, lands,
works, or manufactories, owned or operated by said com-
pany, or by any other company, association, or individual, or
to connect with any other railroad.
6. The town of Farmville and any other incorporated town,
and any county along the line of said road or through which
the said road, or any of its branches, is hereby authorized,
in the manner and under the rules and regulations prescribed
by law, to subscribe to the capital stock of said company ;
and to this end, it shall be the duty of the county courts of
such counties, and of the councils of such towns, in their
discretion, to cause a vote of the qualified voters to be taken
in the manner prescribed by law, and to issue bonds in such
form, running for such lengths of time, and bearing such
rates of interest not exceeding six per centum per annum,
and in such sums, and payable at such periods and places, as
such courts or town councils may determine.
7. The said company shall expend in actual construction of
its road, the sum of twenty-five thousand dollars, within two
years from the passage of this act; otherwise this charter
shall be void. .
8. This act shall be in force from its passage.
CHAP. 261.—An ACT to incorporate the Farmville and Staunton
River Railroad Company.
Approved March 6, 1882.
1. Be it enacted by the general assembly of Virginia, That
%. 8. Paulett, W. G. Dunnington, B. L. Anderson, C. M. Wal-
cer, W. W. H. Thackston, S. B. McKinney, R. M. Burton,
-eter Winston, W. P. Gilliam, A. R. Venable, junior, G. W.
Javis, J. M. Crute, J. P. Fitzgerald, J. L. White, H. R.
looper, A. W. Drumellet, N. H. Champlin, B. 8. Hooper, T.
’, Robertson, and F. N. Watkins, of the town of Farmville;
. E. Eggleston, J. M. Venable, C. H. Bliss, senior, A. J.
rice, and D. Kemper, of the county of Prince Edward; P.
i. Flournoy, J. W. Eggleston, William T. Scott, M. M. Mar-
in, W. R. Gaines, and A. J. Terry, of the county of Char-
tte; W. L. Lancaster and B. A. Wilson, of the county of
umberland; Ed. W. Hubard, J. B. Ficklin, J. V. Crute, R.
. Baldwin, and J. A. Wright, of the county of Bucking-
am; John Booker, W. J. Johnson, Robert T. Hubbard, and
_W. Fisher, of the city of Richmond; and H. 8S. Reynolds,
f the city of Norfolk, or such of them as may accept the
rovisions of this act, and such persons and corporations as
ay be associated with them in the manner hereinafter pro-
ded, shall be, and they are hereby constituted a body poli-
tic and corporate, by the name and style of Farmville and
Staunton River Railroad Company, and by that name shall
have all the powers, rights, and franchises necessary and
proper to locate, construct, and maintain a narrow gauge
railroac, or a standard gauge railroad—whichever gauge the
said company mav choose to adopt—to be known as the
Farmville and Staunton River railroad; to begin at. the town
of Farmville, in the county of Prince Edward; thence through
the county of Prince Edward, by or near Hampden Sidney col-
lege; and through the county of Charlotte, to some point on
Staunton river, not above or west of Brookneal.
2. That the capital stock of said company may be five
hundred thousand dollars, to be divided into shares of fifty
dollars cach, and may be increased, from time tu time, by the
board of directors, to such an amount as may be necessary
for the completion of said railroad; and such company may
be fully organized whenever a sufficient amount of said stock
bas been taken to justify, in the opinion of the corporators,
the commencement of said work. And the board of direc-
tors of such company, in order to fully construct and equip
said railroad, shall also have the power to issue bonds, in
sums of not less than one hundred dollars each, payable,
principal and interest, at such times and places, and in such
manner as may be deemed most advantageous to said com-
pany, and may secure the same by one or more mort-
gages on the road, income, franchises, and real and personal
property of the company, or such parts thereof as may be
designated in the mortgage or mortgages.
3. The corporators cnumerated in the first section of this
act, or any fifteen of them—a majority of those resident in
each county having been first notified of the time and place
of meeting—may meet for the purpose of effecting a tem-
porary organization, which temporary organization shall
continue in force for two years, unless a permanent organi-
zation shal] be sooner effected. A president, directors, and
such other officers as the corporators may deem necessary
and expedient, shall be elected; and the general law of the
state in reference to incorporated and internal improvement
companies shall, in all respects consistent with this act, apply
to said company.
4. It shall be lawful for said company to acquire in sub-
scriptions to the capital stock of said company, or by dona-
tions or otherwise, lands, mines, property, material, or labor,
or to receive subscriptions from other companies, associa-
tions, and corporations, and to make such arrangements as
shall be mutually agreed upon by the respective boards of
directors of said companies, associations, and corporations,
for the endorsement of, sale or exchange of stock, whereby
facilities may be increased for the speedy completion of said
railroad ; and the said company may sell, lease, or otherwise
dispose of any lands or other property acquired under this
section of this act, at their pleasure.
ACTS OF ASSEMBLY.
5. The said railroad company shall have power to build
branch lateral roads, not exceeding twenty miles each in
length, from their main line to connect with mines, lands,
works, or manufactories, owned or operated by said com-
pany, or by any other company, association, or individual, or
to connect with any other railroad.
6. The town of Farmville and any other incorporated town,
and any county along the line of said road or through which
the said road, or any of its branches, is hereby authorized,
in the manner and under the rules and regulations prescribed
by law, to subscribe to the capital stock of said company ;
and to this end, it shall be the duty of the county courts of
such counties, and of the councils of such towns, in their
discretion, to cause a vote of the qualified voters to be taken
in the manner prescribed by law, and to issue bonds in such
form, running for such lengths of time, and bearing such
rates of interest not exceeding six per centum per annum,
and in such sums, and payable at such periods and places, as
such courts or town councils may determine.
7. The said company shall expend in actual construction of
its road, the sum of twenty-five thousand dollars, within two
years from the passage of this act; otherwise this charter
shall be void. .
8. This act shall be in force from its passage.