Chap. 7.—An ACT authorizing an increase in the capital stock of the
Norfolk and Western Railroad.

Approved March 23, 1887.

1. Be it enacted by the general assembly of Virginia, That
the capital stock of the Norfolk and Western railroad com-
pany may, with the consent of a majority of its stockholders,
present at any called or annual mecting of the company, be
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increased, from time to time, to such an amount or amounts,
and be issued and sold on such terms and conditions and in
such manner as the board of directors may determine, such
part td be made preterred and such part common by the ‘board
of directors, in such manner, on such terms and conditions as
may be provided in the resolution of the stockholders autho-
rizing such increase ; and the board of directors may sell the
same at such price, or receive bonds. stocks, or other property,
real or personal, in payment of or in exchange for the same,
at such valuation and on such terms as may be agreed upon.
2. This act shall be in force from its passage.