Chap. 220.—An ACT to incorporate the Copperhonk Springs com-
pany.

Approved February 24, 1888.

1. Be it enacted by the general assembly of Virginia, That
J.M. Vernon, B. W. L. Holt, J. S. Morris, H. E. Townsend,
Baker P. Lee, W. W. Averrill, and H. L. Turner, their asso-
ciates and successors or assigns, are hereby made and declared
abody politic and corporate, by the name and style of the
Copperhonk Springs company, and said company shall have
perpetual succession, and shall have a corporate seal, and
alter and renew the same at pleasure; and shall have full
power to make by-laws, rules, and regulations not inconsist-
ent with the laws of this commonwealth for the government
of all and every kind of business under its authority.

2. The capital stock of said company shall be not less than
one hundred thousand dollars, divided into shares of one
hundred dollars each, and may be increased from time to
time by a concurrent vote ot the shareholders, representing
at least two-thirds of all its stock issued, at an annual meet-
'ng, or at a special meeting called for that purpose, to any
amount not exceeding five hundred thousand dollars; and
each shareholder shall be entitled to one vote for each share
Tepresented in person or by proxy at any meeting of share-

0 ders: provided all assessments due thereon and called for
at the time of meeting have been paid.

hat said company is hereby authorized and empowered
purchase, hold, and otherwise control and enjoy real and
Personal estate, and may lay out any of its lands into ave-
hoy streets, lots, parks, pleasure grounds; build and operate
tels, erect cotteges, saw-mills, electric lights, conserva-
Sey Places of amusements, improve its grounds, and do
oy Other thing necessary to develop the property of said

"pany; and it may charge fees of admission to its parks
or to any of its property or grounds. It may sell and dis-
pose of its waters as it may deem proper, and adopt and use
trade-marks for the same; and may rent, lease, sell, and
otherwise dispose of all or any part of its property at
pleasure.

4, It shall be lawful for this company to make public and
private roads, and to construct, equip, and operate railways,
propelled by animals, steam or electrical power, from any
point or points on its property. to connect with any or all

‘railways in its vicinity; and to this end it shall have and
enjoy all the rights and privileges extended to railways under
the general laws of the state of Virginia made and provided
for such purposes: provided that the said railroad shall not
be more than fifty miles in length.

5. The board of directors shall be shareholders in said
company, and shall consist of not less than three nor more
than seven members, a majority of whom shall constitute a
quorum for any and all business; they shall be duly elected
by the shareholders at an annual meeting, or at a meeting
called for that purpose, and, when properly qualified, each
member shall take his position to manage the affairs of the
company. They shall elect from their number a president
and vice-president, and appoint a secretary and treasurer and
any other officer whom they may deem necessary to conduct
the business of said company; and they shall have full power
to fill vacancies in their body, or in the office of president or
vice-president, whether such vacancy occurs by resignation,
death, or otherwise; and they shall continue in office for one
year, and until their successors are regularly elected and
qualified according to the by-laws of said company, and enter
upon their duties as officers of the company. And it is

. further ordained and declared, that.the seven incorporators
named in the first section of this act, shall constitute the
first board of directors of said company, and shall continue
in office for one year, or until their successors are duly elected
at any annual meeting of shareholders, or at a meeting called
for that purpose, in accordance with the by-laws, and are
properly qualified and enter upon their duties as officers of
said company. And said board of directors may meet, at
any time or place after the passage of this act, and a majority
thereof shall constitute a quorum for all business; and if, at
that meeting, or any subsequent meeting, capital stock to the
amount of one hundred thousand dollars or upwards has
been regularly subscribed, this company shall thereupon be
deemed legally organized, and the board of directors shall
proceed to adopt by-laws for the conduct of alk the business
of the said company, appoint such officers as may be neces-
sary, and take such further action as the interests of the
company may require; but the by-laws may at any time be
changed by the board of directors, or at a general meeting
of shareholders. The board of directors may establish offi-
ces and agencies for the sale of its waters and other pur-
poses, in any place or places in the United States and in for-

eign countries, but the principal office of the company shall
be at Copperhonk Springs, Sussex county, state of Virginia.

6. No shareholder in said company shall be held liable or
made responsible for its debts or liabilities in a larger or
further sum than the amount of unpaid balance due said
company for shares subscribed for by said shareholders re-
spectively.

7. The said company shall have the right to borrow money
to such an amount as it may deem proper and necessary, and
may secure the payment of the same, and the interest there-
on, by mortgages or deeds of trust upon the whole or any
part of its property, real, personal or mixed, its charter,
tights, franchises and incomes.

8. Said company is hereby authorized and empowered to
appoint special constables and police to preserve the peace
and protect its property; and it may prosecute any person or
persons trespassing upon its grounds, injuring trees, shrubs,
flowers, hedges, fences, or any other property of said com-
pany, as well as for all damages to its property caused by
animals, as made and provided for in chapter ninety-seven of
the Code of Virginia of eighteen hundred and seventy-three,
and the damages to be awarded to the said company; and
furthermore, it shall have the power to construct canals and
sewers, and to remove all obstructions calculated to contami-
nate the waters of said springs or which may impede or ob-
struct sanitary improvements, or in any way injure its
property.

9. Said company, by its acceptance of this charter, hereby
agrees to pay all taxes, dues and demands due the state that
may be hereafter assessed against it, in lawful money of the
United States, and not in coupons.

10. This act shall be in force from its passage.