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 | 503 |
Subjects |
Law Body
Chap. 503.—An ACT to incorporate the Norfolk Suburban Railroad
and Turnpike Company.
Approved March 17, 1884.
1. Beit enacted by the general assembly of Virginia, That
J. Carey Weston, Marshall Parks, H. E. Culpepper, and
Thomas J. Nottingham, any three of whom may act, are
hereby appointed commissioners to receive subscriptions to
the capital stock of a joint stock company to be known as
the Norfolk Suburban Railroad and Turnpike Company.
2. The capital stock of said company shall not be less than
twenty thousand dollars, and may be increased from time to
time to any amount not exceeding one hundred thousand
dollars, divided into shares of one hundred dollars each; and
in all meetings of the stockholders each shareholder shall
be entitled to one vote for every share of the capital stock
held by such stockholder.
3. As soon as the minimum amount of the capital stock is
subseribed, the subscribers, their associates, successors and
assigns, shall be a body politic and corporate under the afore-
said name of the Norfolk Suburban Railroad and Turnpike
Company, and shall have all the general powers, and be sub-
ject to all the general restrictions provided by the laws of
this state in reward to incorporated companies.
4. The said company shall have the right to construct a
turnpike or to construct a railroad and operate the same
either by steam or horse power, between the terminus of the
bridge in the village of Atlantic City, in Norfolk county, con-
necting said village with the city of Norfolk, to any point on
the Elizabeth river, or Tanner's creek, at or near Lambert's
Point: provided however, that such turnpike or railroad
shall in no case be more than five miles in length from its
terminus in Atlantic City as aforesaid.
5. The said company shall have the right to subscribe to
or purchase the capital stock of the Atlantic Bridge Company,
a& company incorporated by the general assembly of Virginia
by an act approved the twenty-eighth day of February,
eighteen hundred and seventy-four, or to consolidate with the
said Atlantic Bridge Company on such terms as may be
agreed upon by the stockholders of the two companies.
6. The said company shall also have the power to purchase
and hold so much land as may be necessary, not exceeding
one hundred acres ; to establish and open a park on Elizabeth
river, or Tanner's creek, and to open and conduct the said
park on such terms as it may deem proper.
7. This act shall be in force trom its passage.