Chap. 114.—An ACT authorizing the counties of Cumberland and
Powhatan to change the form of bonds subscribed to the Farmville
and Powhatan railroad company.

Approved February 8, 1888.

Whereas the counties of Cumberland and Powhatan have
each subscribed forty thousand dollars to the capital stock of the
Farmville and Powhatan railroad company, and have paid
such subscription in conditional bonds, as authorized by an
act of assembly approved February fifth, eighteen hundred
and eighty-six, entitled an act to authorize a subscription by
the counties of Cumberland and Powhatan to the stock of the
Farmville and Powhatan railroad company; therefore,

1. Be it enacted by the general assembly of Virginia, That
on the completion of the Farmville and Powhatan railroad,
as proposed, across the counties of Cumberland and Powhatan
respectively, the said conditional bonds, issued by the said
counties respectively, shall, in the discretion of the respective
boards of supervisors of said counties, be exchanged for cou-
pon bonds, stating that the sum due is for value received, ag-
gregating an equal amount, with like conditions as to rate of
interest and time and place of payment of principal and in-
terest. On such exchange being made, there shall be deliv-
ered to such county, certificates of stock of the Farmville and
Powhatan railroad company for an amount equal to that of
said coupon bonds delivered.

2. This act shall be in force from the date of its passage.