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 | 1887es |
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Law Number | 235 |
Subjects |
Law Body
Chap. 235.—An ACT to incorporate the Bristol-Goodson street railway
company.
Approved May 14, 1887.
1. Beit enacted by the general assembly of virginia, That
C. E. Finch, A. S. McNeil, George W. Hammitt, A. D. Rey-
nolds, N. M. Taylor, A. F ulkerson, and William F Rhea, and
their associates and successors, be and are hereby constituted
a body corporate by the name and style of the Bristol-Good-
son strect railway company.
2. The said company shall have power and authority to
construct, equip, maintain, and operate a street railway in
and along any of the streets or roads within the town ot
Goodson, Washington county, Virginia, with the consent ot
the council of said town, and this shall include the right to
construct and operate a street railway in and along the main
street of suid town up to the centre or middle of said street,
by and with the consent of said council.
3. It shall be lawful for said company to transport. pas-
sengers, freight, and baggage over the line of their railway,
and to collect fare and tolls for the same; and may use horse,
steam, or electric power to propel the cars up its road.
4. The capital stock of said company shall not be less than
two thousand dollars nor more than fifty thousand dollars, to
be divided into shares of fifty dollars each.
5. The said company may acquire and own real estate.
not to exceed five hundred acres, and shall always have its
principal office in the town of Goodson.
6. Said company shall bave 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 and franchises and income.
7. Said company shall have the power and authority to
consolidate with and to operate with any street railway com-
pany, or to own, control, or lease any street railway incorpo-
rated under the laws of the State of Tennessee, and = con-
structed or to be constructed and operated in and along the
streets of the town of Bristol, Tennessee.
8. The incorporators her einbefore named, shall constitute
the first board of directors of said company, and until their
successors are clected by the stockholders, shall manage the
affairs of said company. And said company shall pay its
tuxes In money, and not in coupons.
9, This act shall be in furce from its passave.