CHAP. 17.—An ACT increasing the powers of the Lynchburg and
Durham railroad company in the issue, sale or other disposition
of any of the shures of its capital stock

Approved December 19, 1889.

1. Be it enacted by the general assembly of Virginia.
That it shall be lawful for the Lynchburg and Durham
‘railroad company, for any of its purposes, to issue, sell.
or otherwise dispose of any of the shares of its capital
Stock, whether now or hereafter authorized or created, at
such prices and below the par value thereof, when deemed
necessary, either in settlement of contracts and obligations
of the company now or hereafter existing, for caxh, land,
labor, materials, or other property, at such valuations and
on such terms as may be agreed upon, for the purposes of
the company, especially for the construction and equip-
ment of sts railroad.
2. This act shall be in force from its passage.