Chap. 387.—An ACT to incorporate the Walkerton and Mattaponi
bridge company.

Approved May 23, 1887.

1. Be it enacted by the general assembly of Virginia, That
Thomas N. Walker, John A. Mitchell, and Robert B. Todd,
and such other persons as they may associate with them, and
their successors, be and they are hereby made and constituted
a body politic and corporate, by the name of the Walkerton
and Mattaponi bridge company, and shall have the powers,
rights, and franchises necessary and proper for the purpose
of locating, constructing, equipping, and maintaining a bridge
over Mattaponi river at Walkerton, in King & Queen county.

2. The corporators hereinbefore named, may organize the
company by electing a president, and may elect and appoint
such other officers as may be necessary for the proper man-
agement of said company’s affairs; and thereupon they shall
have and exercise all the general powers and functions of a
corporation, and be subject to all restrictions imposed by the
laws of the State applicable to internal improvement compa-
nies, except so far as the same may be changed or modified
by this act.

3. The company shall have authority to build a bridge
over Mattaponi river from the shore in the county of King &
Queen, at Walkerton, to the opposite shore in the county of
King William: provided said bridge shall not materially ob-
struct navigation in said river. And it shall be the duty of
said company to provide a draw in said bridge, conveniently
arranged and carefully kept, so that boats, vessels, and other
water-crafts navigating said river may not be unnecessarily
delayed in passing said bridge.

4, The capital stock of this company shall not exceed ten
thousand dollars, to be divided into shares of the par value of
twenty-five dollars each, and said stock may be all common or
such part or parts preferred as said company may from time
to time determine. Each share of stock shall be entitled to
one vote.

5. It shall be lawful for said company to acquire in sub-
scriptions to the capital stock of said company, money, lands,
work, labor, materials, property, bonds, or other means avail-
able for their purposes, and to receive subscriptions from in-
dividuals, other companies, associations, or corporations, and
the said company may sell, lease, or otherwise dispose of any
lands or properties acquired under this section.

6. The directors of said company may open the books for
subscription of stock from time to time as they may deem
expedient, until the stock is fully taken, and instalments on
original subscriptions of stock, as well as those afterwards
received, shall be paid at such times and places and in such
amounts as said directors may prescribe.

7. The directors may receive in payment of any subscrip-
tion for stock in said company, any property adapted to the
construction, operation, or maintenance of said bridge, or
which by sale or exchange they deem may be converted to
the use of the company, or may receive all or any part of
such subscription, in services, labor, and materials, and said
board may contract for services, labor, supplies, or materials
for the construction of said bridge or its appendages, or the
equipping, maintenance, and operating the same, and for
property which, or its proceeds, may be beneficial and useful
to said company in carrying out the objects of said company,
and pay therefor, wholly or partly, in the capital stock of
said company.

8. The construction of said bridge shall be commenced
within one year, and completed within two years after the
passage of this act.

9. Upon the completion of said bridge, it shall be the duty
of said company to apply to the county courts of King &
(Queen and King William counties for the appointment of two
discreet citizens of each county, whose duty it shall be to
meet at said bridge and examine the same, and make report
to the said courts whether said bridge has been constructed
in accordance with the requirements of this act, and it shall
be the duty of said courts, upon the consideration of such
report and any evidence adduced, to determine whether said
bridge has been properly constructed, and when said courts
have determined that said bridge is properly constructed, they
shail so enter of record in their respective courts; and there-
upon the said company shall be authorized to fix and collect
tolls for the use of said bridge.

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