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 | 1883/1884 |
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Law Number | 189 |
Subjects |
Law Body
Chap. 189.—An ACT to amend and re-enact the first section of an act
entitled an act to declare valid certain contracts concerning railroad
equipments and rolling-stock and other personal property to be used
in and about the operation of any railroad, approved January 18, 1884.
Approved February 26, 1884.
1. Be it enacted by the gencral assembly of Virginia, That
the first section of an act entitled an act to declare valid cer-
tain contracts concerning railroad equipments and rolling-
stock and other personal property to be used in and about the
operation of any railroad, approved January the eighteenth,
eighteen hundred and cighty-four, be amended and re-enacted
so as to read as follows:
§1. That in any written contract, of or for the sale of
railroad equipments, rolling-stock, or other personal property
(to be used in or about the operation of any railroad), by the
terms of which the purchase-money, in whole or in part, is
to be paid in the future, it may be stipulated or conditioned
that the title to the property so sold, or contracted to be
sold, shall not vest in the vendee, but shall remain in the
vendor until the purchase-money shall have been fully paid,
and such stipulation shall be, and remain valid, notwith-
standing the delivery of the property to and its possession
by such vendee: provided that the term of credit for the
payment of said purchase-money shall not exceed ten ‘years
from the execution of the contract.
2. This act shall be in force from its passage.