Chap. 465.—An ACT to incorporate the Roanoke Mineral and Lum-
ber Company.

Approved March 17, 1884.

1. Be it enacted by the general assembly of Virginia, That
S. Griftin. J. B. Austin, M. M. Rovers. Thomas Lewis. Wingfield
Griftin, Ben Hatcher, Peter Saunders, Charles Parrish, Charles
A. Harte, William Burson, and IL. W. Hazard, and such other
persons as may hereafter be associated with them, shall be and
they are hereby incorporated and made a body politic and cor-
porate by the name and style of the Roanoke Mineral and
Lumber Company, for the purpose of mining iron, lead and
other minerals, and sawing lumber in the counties of Roa-
noke, Franklin and Patric ‘Ki, and F loyd and Carroll, on such
land as the said company may require in said counties, not
exceeding twenty thousand acres in cach of said counties,
and tur the purpose of smelting, working, and manufacturing
the said materials, or any of them, and transporting the same
to market, and procuring supplies of fucl and other materials
necessary or convenient for mining on manufacturing as
aforesaid, and for transacting the usual business of sueh min-
ing and manufacturing companies, with all the powers and
privileges , and subject to all the provisions of the Code of
Virginia, respecting such corporations.

2. The capital stock of said company shall not be less than
twenty thousand dollars, nor more than five millions of dol-
lara. to be divided into shares of fifty dollars each, which
shall be deemed personal property.

3. At all meetings of the stockholders of said company,
each share of stock shall be entitled to one vote.

4. For the purpose of enabling said company to transport
the products of their mincral and timber lands and manu-
factories, and receive proper supplies of fuel and other ma-
terials, the said company shall have power to construct and
operate in said counties, or any of them,a railway, of narrow
or broad gauge, with lateral branches not to execed ten miles
in length, mand to acquire the right of way and road-beds to
such railways by gift, purchase or condemnation, in the man-
ner prescribed by the Code of Virginia, of eighteen bundred
and seventy-three.

§. The said company shall have power to contract with
any other railroad company, or with any other mining or
manufacturing company, for dividing or sharing the costs “and
expenses of construc ting or operating said railways, or for
the use or purchase of any other adjacent branch railway, on
such terms as may be agreed upon.

6. It shall be lawful tor said company to borrow money,
and to secure the same by motgaze or deed of trust on its
property.

7. Any five or more of the corporators named in the first
section of this act, are hereby authorized to organize said
company, and shall be the directors ot the same tor one year,
and until their successors shall have been duly elected and
qualified in the manner prescribed by law.

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