Chap. 94.—An ACT to incorporate the Richmond Coul Mining and
Manufacturing Company.

Approved April 21, 1882.

1. Be it enacted by the goneral assembly of Virginia, That
Jeremiah T. Jones, Warren Russell, John T. Jones, George
H. Jewett and J. J. Boyden, or a majority of them, their
associates, successors or assigns, or such of them, and such
other persons as may become stockholders, be and they are
hereby incorporated a body politic and corporate, in fact and
in law, under the name, style and title of the Richmond Coal
Mining and Manufacturing Company, and by that name shall
have perpetual succession, and be able and capable in law to
take, receive and hold in fee simple or otherwise, lands, tene-
ments, and estates therein in fee simple or for less estates,
personal and all other property, by deed of conveyance, lease
or otherwise; and may improve, sell, lease, exchange, mort-
gage or dispose of the same, or any part thereof, as may be
necessary and expedient for the purposes thereof; may sue
ang be sued, lead and be impleaded, in all courts of law and
equity; may have a common seal, which they shall have the
power to alter and renew at pleasure; may receive, execute,
and deliver all such instruments of writing as may be neces-
sary, and to do all such acts and things as may be necessary
or expedient to assist and promote the objects and designs of
the said company, and generally to possess and enjoy all the
privileges incident to a corporation. Whenever twenty-five
thousand dollars of the stock shall have been subscribed, the
subscribers, their executors, administrators or assigns, shall
be permitted to organize the said corporation, and the said
corporation may then commence its operations.

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2. That the capital stock of the said company shall consist
of two thousand shares of par value of one hundred dollars
each, with the privilege of increasing the same from time to
time to an amount not exceeding ten thousand shares, and
the said company may receive subscriptions to their capital
stock, or payments of such subscriptions in such property
suited to the business of the company upon such terms, at
such rate and value as shall be agreed upon by a majority iu
value of the stockholders of the company. At all meetings
of the stockholders for the election of officers, or for any
other purpose, each share of stock shall entitle the holder
thereof to one vote.

3. That the said company shall have the right from time
to time to purchase, lease, hold and convey coal, mineral, and
other lands situate in the counties of Goochland, Henrico and
Chesterfield, provided such lands in fee simple in any county
in the state of Virginia shall not exceed five thousand acres ;
from time to time to mine coal, iron ore, fire-clay, limestone
and other mineral products of their lands; to manufacture
iron and steel, and other metals, and articles composed wholly
or partly of iron or steel, to cutand manufacture timber, and
prepare the same for market, sell and transport the same,
and to store, deal and traffic in such commodities as shall be
deemed advantageous for the successful prosecution of their
business; to erect blast-furnaces, rolling-mills, forges, mills,
machinery, fixtures, buildings, and the necessary, appurte-
nances required in the conduct of their business, and to make
leases or contracts for these or any of these purposes.

4. The said corporation may, whenever it is deemed neces-
sary or expedient, with the consent of the holders of a
majority of the shares of the stock, levy and collect assess-
ments for unpaid subscriptions, and forfeit and sell delinquent
shares for such assessments, in such manner as the by-laws
may direct.

5. That the said company shall have the right to lay out, con-
struct, equip, operate, and maintain a railroad or railroads in
any of the counties above named, with one or more tracts
through their lands, or from any portion of their lands, for the
purpose of connecting their works or mineral lands, or to con-
nect the same with any railroad or other internal improve-
ment or highway, now, or which may hereafter be con-
structed, at any point they may select for such connection or
connections, and charge tolls thereon, with full power and
authority to enter upon, take, occupy, and use in the survey,
construction, and operation of such roads, such lands as may
be deemed necessary and expedient: provided that the
length of said railroads, so to be made by them, shall not
exceed twenty miles in length, each, beyond the line of lands
owned, controlled, or operated by the said company: and
also provided, that where such railroad is constructed beyond
the line of such lands, the consent of the owner of the land
through which the road will pass, shall be first obtained.
6. That the stockholders shall meet as soon as practicable,
after the passage of this act, and shall then and there proceed
to elect not less than three nor more than five directors, and
annually thereafter, to serve for the term of one year, or
until others are chosen in their places; and said election
shall be made by such of the stockholders of the said com-
pany as shall attend for that purpose, either in person or by
proxy—each share of stock to entitle the holder thereof to
one vote. The directors so chosen, shall elect one of their
number to be president of the board of directors of said com-
pany: provided that the number of directors of said com-
pany may at any time be increased or diminished by said
company, but the said number of directors shall never be
less than three nor more than five.

7. That the directors shall have full power to make by-
laws and to appoint such officers and agents as they shall
deem expedient for the well conducting and transacting of
the business of the company; the said company, in addition
to the office for the general transaction of business in the
country where its chief operations are conducted, may also
have an office or offices, for the transaction of business, in the
cities of Richmond, New York, and Boston, or in either of
them.

8. That the said company may borrow money, create in-
debtedness, for the purposes of its business, in such way as
the board of directors may prescribe; may issue and nego-
tiate stock, bonds, orders, and other evidences of indebted-
ness as they may deem proper, and may issue the same in
purchase or payment or exchange for property, real or per-
sonal, materials, labor, or services, and in such form and man-
ner, and payable in such place or places, as they may deem
proper. he company may issue bonds and secure the same

y mortgage or mortgages on its mines, lands, roads, prop-
erty, real, and personal, and franchises, at the time owned
and held and thereafter to be acquired, or any part thereof,
and shall have the power to dispose of its bonds or evidences
of indebtedness, at less than their par value, and such trans-
actions shall not be deemed usurious.

9. That subscriptions to the capital stock of said company
may be payable in money, real estate or other property,
appropriate to its business, at a valuation to be fixed by a
majority, in value, of the stockholders.

10. That it shall be lawful for said company, from time to
time, as it may deem proper, to sell, lease or dispose of its

roperty or any part thereof or interest therein, by contract,
lease or otherwise; to contract for the improvement or ope-
ration of the same or any part thereof, upon such terms,
rents, payments, and in such manner as to the board of
directors or & majority of them may deem expedient.

11. This act shall bein force from its passage.
Chap. 94.—An ACT to incorporate the Richmond Coul Mining and
Manufacturing Company.

Approved April 21, 1882.

1. Be it enacted by the goneral assembly of Virginia, That
Jeremiah T. Jones, Warren Russell, John T. Jones, George
H. Jewett and J. J. Boyden, or a majority of them, their
associates, successors or assigns, or such of them, and such
other persons as may become stockholders, be and they are
hereby incorporated a body politic and corporate, in fact and
in law, under the name, style and title of the Richmond Coal
Mining and Manufacturing Company, and by that name shall
have perpetual succession, and be able and capable in law to
take, receive and hold in fee simple or otherwise, lands, tene-
ments, and estates therein in fee simple or for less estates,
personal and all other property, by deed of conveyance, lease
or otherwise; and may improve, sell, lease, exchange, mort-
gage or dispose of the same, or any part thereof, as may be
necessary and expedient for the purposes thereof; may sue
ang be sued, lead and be impleaded, in all courts of law and
equity; may have a common seal, which they shall have the
power to alter and renew at pleasure; may receive, execute,
and deliver all such instruments of writing as may be neces-
sary, and to do all such acts and things as may be necessary
or expedient to assist and promote the objects and designs of
the said company, and generally to possess and enjoy all the
privileges incident to a corporation. Whenever twenty-five
thousand dollars of the stock shall have been subscribed, the
subscribers, their executors, administrators or assigns, shall
be permitted to organize the said corporation, and the said
corporation may then commence its operations.

Google
2. That the capital stock of the said company shall consist
of two thousand shares of par value of one hundred dollars
each, with the privilege of increasing the same from time to
time to an amount not exceeding ten thousand shares, and
the said company may receive subscriptions to their capital
stock, or payments of such subscriptions in such property
suited to the business of the company upon such terms, at
such rate and value as shall be agreed upon by a majority iu
value of the stockholders of the company. At all meetings
of the stockholders for the election of officers, or for any
other purpose, each share of stock shall entitle the holder
thereof to one vote.

3. That the said company shall have the right from time
to time to purchase, lease, hold and convey coal, mineral, and
other lands situate in the counties of Goochland, Henrico and
Chesterfield, provided such lands in fee simple in any county
in the state of Virginia shall not exceed five thousand acres ;
from time to time to mine coal, iron ore, fire-clay, limestone
and other mineral products of their lands; to manufacture
iron and steel, and other metals, and articles composed wholly
or partly of iron or steel, to cutand manufacture timber, and
prepare the same for market, sell and transport the same,
and to store, deal and traffic in such commodities as shall be
deemed advantageous for the successful prosecution of their
business; to erect blast-furnaces, rolling-mills, forges, mills,
machinery, fixtures, buildings, and the necessary, appurte-
nances required in the conduct of their business, and to make
leases or contracts for these or any of these purposes.

4. The said corporation may, whenever it is deemed neces-
sary or expedient, with the consent of the holders of a
majority of the shares of the stock, levy and collect assess-
ments for unpaid subscriptions, and forfeit and sell delinquent
shares for such assessments, in such manner as the by-laws
may direct.

5. That the said company shall have the right to lay out, con-
struct, equip, operate, and maintain a railroad or railroads in
any of the counties above named, with one or more tracts
through their lands, or from any portion of their lands, for the
purpose of connecting their works or mineral lands, or to con-
nect the same with any railroad or other internal improve-
ment or highway, now, or which may hereafter be con-
structed, at any point they may select for such connection or
connections, and charge tolls thereon, with full power and
authority to enter upon, take, occupy, and use in the survey,
construction, and operation of such roads, such lands as may
be deemed necessary and expedient: provided that the
length of said railroads, so to be made by them, shall not
exceed twenty miles in length, each, beyond the line of lands
owned, controlled, or operated by the said company: and
also provided, that where such railroad is constructed beyond
the line of such lands, the consent of the owner of the land
through which the road will pass, shall be first obtained.
6. That the stockholders shall meet as soon as practicable,
after the passage of this act, and shall then and there proceed
to elect not less than three nor more than five directors, and
annually thereafter, to serve for the term of one year, or
until others are chosen in their places; and said election
shall be made by such of the stockholders of the said com-
pany as shall attend for that purpose, either in person or by
proxy—each share of stock to entitle the holder thereof to
one vote. The directors so chosen, shall elect one of their
number to be president of the board of directors of said com-
pany: provided that the number of directors of said com-
pany may at any time be increased or diminished by said
company, but the said number of directors shall never be
less than three nor more than five.

7. That the directors shall have full power to make by-
laws and to appoint such officers and agents as they shall
deem expedient for the well conducting and transacting of
the business of the company; the said company, in addition
to the office for the general transaction of business in the
country where its chief operations are conducted, may also
have an office or offices, for the transaction of business, in the
cities of Richmond, New York, and Boston, or in either of
them.

8. That the said company may borrow money, create in-
debtedness, for the purposes of its business, in such way as
the board of directors may prescribe; may issue and nego-
tiate stock, bonds, orders, and other evidences of indebted-
ness as they may deem proper, and may issue the same in
purchase or payment or exchange for property, real or per-
sonal, materials, labor, or services, and in such form and man-
ner, and payable in such place or places, as they may deem
proper. he company may issue bonds and secure the same

y mortgage or mortgages on its mines, lands, roads, prop-
erty, real, and personal, and franchises, at the time owned
and held and thereafter to be acquired, or any part thereof,
and shall have the power to dispose of its bonds or evidences
of indebtedness, at less than their par value, and such trans-
actions shall not be deemed usurious.

9. That subscriptions to the capital stock of said company
may be payable in money, real estate or other property,
appropriate to its business, at a valuation to be fixed by a
majority, in value, of the stockholders.

10. That it shall be lawful for said company, from time to
time, as it may deem proper, to sell, lease or dispose of its

roperty or any part thereof or interest therein, by contract,
lease or otherwise; to contract for the improvement or ope-
ration of the same or any part thereof, upon such terms,
rents, payments, and in such manner as to the board of
directors or & majority of them may deem expedient.

11. This act shall bein force from its passage.