CHAP. 272.—_An ACT to incoporate the Central Street-railway
company.

Approved February 18, 1890.

1. Be it enacted by the general assembly of Virginia,
That Stockton Heth, W. H. Barclay, George E. Cassell, A.
Robinson, R. J. Noell, J. D. Peters, M. Robinson all of
Radford, Virginia, and A. W. Harmon, of Richmond, Vir-
ginia, together with such other persons as may hereafter
be associated with them, shall be, and the same are hereby,
made a body politic and corporate, under the name and
style of the Central City street-railway company.

2. The said company shall have power and authority to
construct, equip, maintain, and operate a street railway
along the following routes, namely: along the streets of the
town of Central City, and the extensions of the same
east to the point where Plum creek intersects the line of
the Norfolk and Western railroad, and west intersecting
the streets of Radford and the extensions of the same as
far as Ingles ferry, andon all cross streets, all in Mont-
gomery, county, Virginia, with the consent of the council
of said Central City, et cetera.

3. It shall be lawful for the said company to transport
passengers and baggage over their line of railway, and to
collect fares and tolls for the same, and may use horses,
mules, or electricity to propel its cars.

4. The capital stock of said company shall not be less
than five thousand dollars, nor more than one hundred
thousand dollars, to be divided into shares of fifty dol-
lars each, and as soon as the minimum is subscribed the
company may organize and shall be authorized to proceed
to the construction of said railway.

5. The said company, by its directors, may borrow money
for the betterment or equipment of said railway to an
amount not exceeding its capital stock, and may issue
bonds and mortgages to secure payment of thesame. All
taxes are to be paid in money and not in coupons.

6. Operations to construct said railway may be com-
menced within thirty days, and shall be begun inside
of twelve months.

7. The liability of each stockholder shall not exceed
the amount of stock held by him, and each fifty dollar
share shall be entitled to one vote.

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