Chap. 232.—An ACT to repeal an act approved March 6, 1871, as
amended by an act approved March 29, 1873, providing a charter for
the town of Dublin, in the county of Pulaski.

Approved March 3, 1854.

1. Be it enacted by the general assembly of Virginia, That
an act approved March six. eighteen hundred and seventy-
one, as amended by anact approved March twenty-nine, eieh-
teen hundred and se venty-three, providing a charter for the
town of Dublin, in the county of Pulaski, be and the same is
hereby repealed.

2. This act shall be in force from the first day of July,
eighteen hundred and eighty-four.

CHap, 233.—An ACT incorporating the Farmville and Powhatan rail-
road company.

Approved March 3, 1884.

1. Be it enacted by the general assembly of Virginia, That
Joseph Hobson, A. R. Venable, Junior, ‘T. M. Miller, John
Gilham, W.S. Archer, and such other persons and corpora-
tions as they may associate with them, and their successors,
be and they are hereby made and constituted a body politic
and corporate by the name of the Farmville and Powhatan

‘ailroad company, and shall have all the powers, rights and
franchises necessary or proper for the purpose of locating,
constructing, equipping, maintaining and operating a railroad
with such number of tracks as they may desire, from Farm-

ville, Virginia, to Moxeley’s crossing, on the Richmond and
Danville railroad, in Powhatan county.

2. Any four of the corporators hereinbefore named, may
organize the company by electing a president and hoard of
directors, and may elect and appoint such other officers as
may be necessary for the proper management of said com-
pany’s affairs, and thereupon they shall have and exercise all
the goneral owers and functions of a corporation, and be
subject to all restrictions imposed by the laws of the state
applicable to internal improvement companies, except so far
as the same may be chanyved or modified by this act.

3. The said company shall have authority in prosecuting
their work, to build their road, or any part thereof, of any
guage or description, single or double track, and operate the
same in such manner as the said company may determine and
direct as best for their interest, with the right to change or
modity the guage, or otherwise alter the structure and opera-
tion of their said road at any time as their means or interests
may justify or require.

The capital stock of this company shall not exceed one
million dollars, to be divided into shares of the par value of
one hundred dollars each, and said stock may be all common,
orsuch part or parts preferred, as said company may from
time to time determine. Eachshare of stock shall be entitled
to one vote. |

3. It shall be lawful for said company to acquire in sub-
scriptions to the capital stock of said company, or by dona-
tions, money, lands, land or other damages, work, labor, mate-
nals, property, bouds or other means available tor their pur-
poses, and to receive subscriptions from individuals, other
companies, associations or corporations, and the said company
may sell, lease or otherwise dispose of any lands or properties
acquired under this section.

6. That the city of Richmond, or any other city, town,
county or other corporation, may subscribe to the capital
stock of said company in the manner and under the restric-
tions prescribed by the statut®s of Virginia.

7. The directors of said company may open the books for
subscription of stock, from time to time, as they may deem
expedient, until the stock is fully taken; and instalments on
orivinal subscriptions of stock, as well as those afterwards
received, shall be paid at such times and places, and im such
amounts, as said directors may prescribe.

8. The directors may receive in payment of any subscrip-
tion for stock in said company, any property adapted to the
construction, operation or maintenance of said road, or which
by sale or exchange they deem may be converted to the use
of said road, or may reccive all or any part of such subscrip-
tion in services, labor and materials; and said board may
contract for services, labor, supplies or materials for the con-
struction of said road, or its appendages, or the equipping,
maintenance and operating of the same, and for property
Which, or its proceeds, may be benefici al and useful to said
company in carrying out the objects of said company, and
pay therefor, wholly or partly, in the capital stock of said
company.

9. The directors shall have power to issue bonds in sums
of one hundred dollars and multiples thereof, and bearing
interest not exceeding the rate of eight per centum per annum,
the principal and interest of which shall be payable at such
times and places as the board of directors may determine,
and may secure the same by one or more mortgages or deeds
of trust on the road, franchises, incomes, and the real, per-
sonal and mixed property of the company, or such part or
parts thereof as may be designated in the mortgages or deeds
of trust, and may sell such bonds at such discount as may be
thought hest for the benefit of the company, and said board
of directors may confer on any bondholder of said company
the right to convert the principal due or owing on such bond
into stock of said company at any time; and said board of
directors may from time to time retire any of the capital
stock of said company as may be deemed best for the interest
of said company.

10. Said company shall have power to construct, maintain
and operate branch roads, not exceeding twenty miles in
length from the main line of their aforesaid road, or from
any point or points thereon.

11. It shall be lawful for said company to subscribe for or
purchase the stock or bonds of any connecting railroad.

12. For the purpose of forming a continuous line of rail-
road to be operated under one management, without change
of cars or break of bulk and for this purpose only, the said
company may consolidate with the Brighthope company, or
any other railroad which is not a competing or parallel line.
And tor the purpose aforesaid, and for that purpose only, it
shall be lawful for said company to construct, purchase, own
lease or operate any connecting railroad w ithin the limits of
this state: provided the same is not a parallel or competing
line, upon such terms as may be agreed upon between the
parties: and in case of consdlidation, such united or con-
solidated company may have and exercise all and singular
the powers, rights, privileges, and franchises granted to said
Farmville and Powhatan railroad company under or by virtue
of the laws of this state. That the said company, by the
acceptance of this charter, hereby agrees to pay all taxes, dues
and demands due tho state that may be hereafter assessed
against it, in lawful money of the United States and not in
coupons.

13. The construction of said road shall be commenced
within two years and completed within six years after the
passage of this act, and before the said work of construction
shall commence, at least fifty thousand dollars shall have
been subscribed to the stock, and twenty per centum paid
thereon.

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