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 |
---|---|
Law Number | 54 |
Subjects |
Law Body
Chap. 54.—An ACT to incorporate the Bristow Brown Stone Com-
pany.
In force January 28, 1884.
1. Be it enacted by the general assembly of Virginia, That
C. E. Nicol, Marion J. Dimmock, Michael B. Poitaux, George
C. Moser and F. C. Braner, or such of them as may accept the
provisions of this act, their associates and successors, are
hereby constituted a body politic and corporate by the name
of the Bristow Brown Stone Company, and as such may have
all the privileges, franchises and immunitics applicable to
such a corporation under the laws of Virginia.
2. The capital stock of said company shall not be less than
five thousand nor more than one hundred thousand dollars,
divided into shares of ten dollars each; and for the purpose
of obtaining subscriptions to said capital stock, any three of
the persons named in the first section may open books of sub-
scription at any time and place, of which they shall give
thirty days’ notice in a newspaper published in the city of
Richmond.
3. The said company shall have power to purchase, hold,
leuse and sell real estate and personal property ; to mine,
manufacture and transport all brown stone, marblo and other
stone, all minerals and metals, and their products; to give
and receive; to secure loans by mortgage or deed of trust ;
to build dams and canals, mills and furnaces and tram-roads
and railroads, connecting its mines or works, and from any
ofits lands to any works of internal improvement and ope-
rate the same; and for this purpose shall have all the privi-
leges and powers, and be auibject to all the conditions pre-
scribed by the laws of Virginia: provided that no such
railroad shall be more than twenty miles in length.
4. The capital stock of said company shall be personal
property, and transferable on the books of the company, and
lunds, or material or securities, as well as money, may be re-
ceived on stock subscriptions: provided that before organi-
zation, all such subscriptions, not payable in money, shall be
certified to be at or below actual value by at least three of
the persons named herein; and that after organization, the
board of directors shall not be authorized to receive any sub-
scriptions, except by resolution of the stockholders, under a
vote. in which three-fourths of the stock paid for, shall be in
the affirmative.
5. The said company may hold lands not exceeding twenty
thousand acres in any one county; and its principal opera-
tions shall be located in the county of Prince William and
central Virginia; its principal office shall be located in the
city of Richmond.
6. That the president and directors of said company may
enact such by-laws and regulations for the management of
atfairs of said company as they may deem expedient, the same
being consistent with the constitution and laws of the stat
and the United States.
7. This act shall be in force from its passaye.