Chap. 174.—An ACT to authorize the Seaboard and Roanoke Railroad
Company to invest in, and operate railroads and transportation lines
chartered by the laws of other states.

Approved November 29, 1884.

1. Be it enacted by the general assembly of Virginia, That
it shall and may be lawful for the Seaboard and Roanoke
railroad company, to purchase and hold, or to guarantee the
bonds or stocks, or lend aid to other railroad and transpor-
tion lines, chartered by the state of North Carolina, or any
state other than Virginia, or to run, use and operate, by lease
or otherwise, such roads or transportation lines upon such
terms as may be agreed upon with the company or com-
panies owning the same, and such company or companies,
with which it may make such contract or contracts, are
hereby empowered in like manner, to make and carry out
the same: provided that no property acquired by the Sea-
board and Roanoke railroad company in this state, under the
provisions of this act, shall ever be exempt from state, county
or municipal taxation, nor shall any real property that has
been or may be acquired by this company, other than such
as may be determined by law, to be exempt from taxation;
nor sball any excess of rolling-stock of this company, over
and above that now held by this company, be ever exempt
from taxation. Nothing in this act shall be so construed as to
exempt the said Seaboard and Roanoke railroad company from
taxation, which is now a subject of taxation: provided further,
that said Seaboard and Roanoke railroad, and its connections,
shall maintain the differential rates now in existence, or which
may hereafter be established, so that no discrimination shall
be made against the cities in this state in regard to freight
and traffic: provided however, that the said Seaboard and
Roanoke railroad company, its leased, dependent and conncc-
ting lines, shall not be required to observe or maintain said
differential rates in respect to traffic assigned to, or from any
railroad of this state, which railroad, or the owners thereof,
fail to observe and maintain such differential rates in respect
to traffic passing over its lines, to or from the said Seaboard
and Roanoke railroad, its leased, dependent and connecting
lines, or to or from Virginia cities.
2. This act shall be in force from its passage.