Chap. 290.—An ACT to incorporate the Dinwiddie granite company

Approved February 29, 1888.

1. Be it enacted by the general assembly of Virginia, That
T. S. Bolling, George Beadle, A. D. Rosenkrans, Robert Har.
rison, J. Edward Moyler, George S. Bernard, and their asso.
ciates, be and they are hereby created a body politic and cor.
porate under the name and style of the Dinwiddie granite
company.

2. The capital stock of said company shall not be less than
fifteen thousand dollarsand not more than one hundred thou
sand dollars, divided into shares of fifty dollars each; and the
board of directors may receive real or personal property in
payment of subscriptions to the capital stock at such valua
tions as may be agreed upon between the board and the sub-
scribers.

3. The said company is authorized and empowered tc
quarry granite on any lands in the county of Dinwiddie, in
the state of Virginia, and to. prepare the stone tor market in
any form or condition it may deem expedient, and shall have
power to purchase, lease, or otherwise acquire possession anc
control of as much land in the same or in separate tracts as
the board of directors may deem necessary for the purposes
of the company, not exceeding five hundred acres.

4, It shall be lawful for said company, from time to time
to issue and negotiate its bonds or notes, both or either, fo1
such sums of money for such lengths of time, and upon suck
terms as its board of directors may deem expedient anc
proper in the prosecution of its business, and may secure the
payment of such bonds and notes by mortgages or deeds o!
trust upon or pledges of its property and franchises, or any
part thereof.

5. The persons named in this act, or such of them as shal
accept its provisions, shall have authority to organize the
company. Each stockholder, at all meetings or elections
shall be entitled to one vote for each share of stock registerec
in his name. ;

6. All taxes payable to the commonwealth by the company
shall be paid in lawful money of the United States and not
in coupons.

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