An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1887/1888 |
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Law Number | 74 |
Subjects |
Law Body
Chap. 74.—An ACT to incorporate the Berkley Street railway com-
pany.
Approved February 3, 1888.
1. Be it enacted by the general assembly of Virginia, That
John H. Hodges, William S. Butt, James Little, James W.
McDonough, William S. Rudd, George D. Parker, John M.
Berkely, Edward M. Tilley, William W. Coggin and Marcel-
lus Miller, their associates and successors, be and are hereby
constituted a body corporate by the name and style of the
Berkley Street railway company.
2. The said company shall have the power and authority
to construct, equip, maintain, and operate a street railway in
Norfolk county, Virginia, and to use such streets or roads in
the village of Berkley and Washington magisterial district,
Norfolk county, as may be necessary, with the consent of the
board of supervisors of said county or a majority of the real
estate owners through and along which said railway shall
run.
3. It shall be lawful for said company to transport passen-
gers, freight, and baggage over the line of said railroad, and
to collect fair and tolls for the same; and may use horse,
steam, or electric power to propel the cars of said road.
4. The capital stock of said company shall not be less than
five thousand doll or more than seventy-five thousand
dollars, to be divided Ino 3 res of fifty dollars''each?
5. The said company may acquire and owp real estate not
to exceed twenty acres, and shall have its principal office in
Berkley, Norfolk county.
6. The said company shall have power and authority to
lease its road or roads, and to borrow money for the use of
the corporation, and to secure such loans by deed of trust on
all or part of its estate, franchise and income.
7. The said company shall have the power and authority
to consolidate with and to operate with any street railway
incorporated under the laws of the state of Virginia.
8. The incorporators hereinbefore named shall constitute
the first board of directors of said company, and until their
successors are elected by the stockholders, shall manage the
affairs of said company and elect a president, treasurer, and
such other officers as may be necessary.
9. William S. Rudd, James W. McDonough, and George
D. Parker are by this act constituted and appointed to open
books of subscription to the capital stock of said company,
and when one-third of the stock is taken, the stockholders
may organize by the election of such officers of the company
as may be deemed necessary for the management of the busi-
ness of the said company.
10. Said company by its acceptance of this charter, hereby
agrees to pay all taxes, dues, and demands due the state in
lawful money of the United States and not in coupons.
11. This act shall be in force from its passage.