Chap. 292.—An ACT to incorporate the Nelson Improvement Com-
pany.

Approved March 4, 1884.

1. Be it enacted by the general assembly of Virginia, That
M. R. Estes, Pierce Loring, Benjamin Myers, J. R. Peobles,
R. R. Bradshaw, L. M. Adler, J. P. Ireland, J. T. Coleman,
W.M. Hill, J. D. Horsley and G. EH. Caskie, or any of them,
and such persons as are now or may hereafter be associated
with them, be and they are hereby constituted a body politic
and corporate by the name and style of the Nelson Improve-
ment Company.

2. The said company shall have the right to construct, pur-
chase, maintain and operate telephone lines in the county of
Nelson, to buy and sell live stock, to own and maintain cat-
tle yards, to own and maintain weighing scales, and to en-
gage in any agricultural, commercial or trading business.
All charges or commissions, and the liability of the company
to persons for whom messages are sent or other business is
done, are to be fixed by the board of directors.

3. Books of subscription to the capital stock of said com-
pany may be opened at such place or places and upon such
notice, and by such persons as the board of directors may
direct. The capital stock of said company shall not be less
than three hundred dollars, nor more than twenty thousand
dollars, to be divided into shares of ten dollars each, and the
liability of the stockholders is limited to payment for the
stock subscribed for by them respectively.

4, The first meeting of the stockholders is to be held upon
such notice and at such time as the board of directors may
fix, and the annual meetings to be held on January first of
each year, or such other time as the stockholders may direct.
All notices required by law to be published one month, or
thirty days, and not herein specially provided for, may be

iven by publication once a week for four successive wecks.

5. Until the first annual meeting, the board of directors
shall consist of J. R. Peebles, J. T. Coleman, M. R. Estes,
Lewis M. Adler and J. D. Horsely, who shall choose a presi-
dent from amongst their number, and such other officers or
agents as they may deem proper.

6. This act shall take effect from its passage.