Chap. 106.—An ACT to authorize the consolidation of the Richmond
and Alleghany railroad company with certain other railroad comps-
nies, to facilitate the construction of its branches and extensions and
to authorize the consolidation of its mortgages.

Approved April 22, 188%

1. Be it enacted by the general assembly of Virginia, That
it shall be lawful for the Richmond and Alleghany railroad
company, and authority is hereby granted to it in addition
to the authority heretofore possessed by it, for the purpose of
constructing the branches or extensions which it is by law
authorized to construct, or any of them, to increase its capi-
tal stock, and to borrow money and to issue its bonds or other
evidences of debt therefor, and to secure the same by a mort-
gage or mortgages: provided that the increase of capital
stock hereby authorized, and the mortgage or mortga
hereby authorized, shall not together exceed fifty thousand
dollars per mile of such branches and extensions actually con-
structed.

2. It shall be lawful for the said railroad company, for the
purpose of consolidating its indebtedness under one mort-

age, at any time to issue its bonds or other evidences of
indebtedness to an amount sufficient for the purpose, in
exchange for, or instead of its bonds or evidences of indebt-
edness previously authorized, and to secure the same by a
mortgage upon its franchises, main line, branches, extensions,
and other property.

3. It shall also be lawful for the said railroad company to
consolidate with any railroad company, whose line or route,
when constructed, will be situated wholly or partly in the
state of West Virginia, and will form a connecting line of
railroad either directly or by means of intervening railroads
with the line or route of the Richmond and Alleghany rail-
road company, and to consolidate with any other railroad
company which shall be authorized to construct a railroad
from the main line of railroad of said Richmond and Alle-

hany railroad company or from any of its branches, to the

est Virginia state line, or with either of them, upon such
erms and conditions as may be agreed upon by the board of
rectors of said Richmond and Alleghany railroad company,
nd approved by two-thirds in interest of its stockholders, at
, meeting duly called to take into consideration such a con-
Olidation. And in case of any such consolidation, the com-
any thereby formed shall have and possess all the rights,
rivileges, franchises, and property, and shall be liable for all
he debts and obligations of the several constituent compa-
lies: provided that in case of consolidation with the said
ompany having a line or route wholly or partly within the
tate of West Virginia, the consolidated company shall have
. principal office in the city of Richmond, and be subject to
he jurisdiction of the state of Virginia, so far as the prop-
rty of the said company is within the confines of the said
itate.

4. All acts or parts of acts in conflict with this act are
hereby repealed.

5. This act shall be in force from its passage.

Chap. 106.—An ACT to authorize the consolidation of the Richmond
and Alleghany railroad company with certain other railroad comps-
nies, to facilitate the construction of its branches and extensions and
to authorize the consolidation of its mortgages.

Approved April 22, 188%

1. Be it enacted by the general assembly of Virginia, That
it shall be lawful for the Richmond and Alleghany railroad
company, and authority is hereby granted to it in addition
to the authority heretofore possessed by it, for the purpose of
constructing the branches or extensions which it is by law
authorized to construct, or any of them, to increase its capi-
tal stock, and to borrow money and to issue its bonds or other
evidences of debt therefor, and to secure the same by a mort-
gage or mortgages: provided that the increase of capital
stock hereby authorized, and the mortgage or mortga
hereby authorized, shall not together exceed fifty thousand
dollars per mile of such branches and extensions actually con-
structed.

2. It shall be lawful for the said railroad company, for the
purpose of consolidating its indebtedness under one mort-

age, at any time to issue its bonds or other evidences of
indebtedness to an amount sufficient for the purpose, in
exchange for, or instead of its bonds or evidences of indebt-
edness previously authorized, and to secure the same by a
mortgage upon its franchises, main line, branches, extensions,
and other property.

3. It shall also be lawful for the said railroad company to
consolidate with any railroad company, whose line or route,
when constructed, will be situated wholly or partly in the
state of West Virginia, and will form a connecting line of
railroad either directly or by means of intervening railroads
with the line or route of the Richmond and Alleghany rail-
road company, and to consolidate with any other railroad
company which shall be authorized to construct a railroad
from the main line of railroad of said Richmond and Alle-

hany railroad company or from any of its branches, to the

est Virginia state line, or with either of them, upon such
erms and conditions as may be agreed upon by the board of
rectors of said Richmond and Alleghany railroad company,
nd approved by two-thirds in interest of its stockholders, at
, meeting duly called to take into consideration such a con-
Olidation. And in case of any such consolidation, the com-
any thereby formed shall have and possess all the rights,
rivileges, franchises, and property, and shall be liable for all
he debts and obligations of the several constituent compa-
lies: provided that in case of consolidation with the said
ompany having a line or route wholly or partly within the
tate of West Virginia, the consolidated company shall have
. principal office in the city of Richmond, and be subject to
he jurisdiction of the state of Virginia, so far as the prop-
rty of the said company is within the confines of the said
itate.

4. All acts or parts of acts in conflict with this act are
hereby repealed.

5. This act shall be in force from its passage.