Chap. 200.—An ACT to amend and re-enact sections 6 and 7, of
chapter 177, of Acts of Assembly, 1883-’84, entitled an act to amend
and re-enact the charter of the Farmville and Staunton River Rail-

road Company.
Approved February 24, 1886.

1. Be it enacted by the general assembly of Virginia, That
sections six and seven, of. chapter one hundred and seventy-
seven, of Acts of Assembly, of eighteen hundred and eighty-
three-four, approved February twenty-five eighteen hundred
and eighty-’four, be amended and re-enacted so as to read as
follows :

§6. The town of Farmville is hereby authorized, in the
manner and under the rules and regulations prescribed by law,
to subscribe for not more than one hundred thousand dollars
of the capital stock of said company; and the counties of Cum-
berland, Prince Edward and Powhatan, or any incorporated
town or city along or near the line of this railroad, or at any
terminal point thereof, or along or near the line of its branch,
lateral or connecting lines, or at their terminal points, may sub-
scribe to the capital stock of said company; and to this end it
shall be the duty of the county court of any such county, and
the hustings or corporation court of any such town or city, in
its discretion, to cause a vote of the qualified voters of such
county, town or city, to be taken at such time and for such
amount as the president and board of directors of said Farm-
ville and Staunton River railroad company may request; notice
of said election shall be given in accordance with section sixty -
two, chapter sixty-one, of the Code of eighteen hundred and
seventy-three. If it shall appear by the returns thereof, that
three-fifths of the qualified voters voting upon the question,
which shall include a majority of the freeholders voting on the
question in any county, town or city, are in favor of such sub-
scription, the same shall be made; and, thereupon, the county,
hustings or corporation court of such county, town or city
shall make all necessary orders for the issuing and delivery to
said company the bonds of such county, city or town, to the
amount of subscription so made, and payable at such times
and places, and in such sums, with interest at a rate not ex-
ceeding six per centum per annum, as said court may deter-
mine, and said bonds shall be received at par in payment of
said subscription. Said court, in ordering said vote, may, in
its discretion, require the whole, or any part of said subscrip-
tion, to be expended in the county making the same. The
supervisors in any county making a subscription under the
provisions of this act, are authorized and required to levy and
collect a tax sufficient to pay the interest and provide a sinking
fund to liquidate the principal of said bonds when due: pro-
vided, that the county of Prince Edward, excluding the town
of Farmville, shall not subscribe for more than fifty thousand
dollars to said capital stock. And the said Farmville and
Staunton River railroad company is hereby authorized and
empowered to issue to the town of Farmville preferred stock
for any additional subscription to the capital stock said town
may hereafter make, on such terms as the stockholders of said
company may direct.

§ 7. The said company shall expend, in actual construction
of its road, the sum of twenty-five thousand dollars within
three years from the first day of April, eighteen hundred and
eighty-six, otherwise this charter shall be void: provided, this
act shall be subject to repeal, amendment or modification at
the pleasure of the general assembly.

-2. This act shall be in force from its passage.