Chap. 43.—An ACT to amend and re-enact section 4, chapter 224,
of the acts of assembly 1877-78, entitled | an act to incorporate
the Peninsula railroad company. .

Approved January 14, 1890.

1. Be it enacted by the general assembly of Virginia,
That the fourth section of chapter two hundred and
twenty-four of the acts of assembly eighteen hundred
and seventy-seven and eighteen hundred and seventy-
eight, approved March twelfth, eighteen hundred and
seventy-eight, be amended and re-enacted so as to read as
follows :

§4. That the annual meeting of the stockholders of the
company for the purpose of the election of seven directors
shall be held in the office of the company at Cape Charles
city, Northampton county, Virginia, on the third Monday of
January of each year, at which meeting a statement of the
receipts and expenditures made and adjusted to the thirty-
first day of October, inclusive, of the preceding year shall
be exhibited by the directors, and the accounts of said
company shall be kept to correspond therewith.

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

CuapP. 44.—An ACT to authorize the town of Danville to buy land
and erect a market-house thereon, and to borrow money
therefor.

Approved January 14, 1890.

1. Be it enacted by the general assembly of Virginia,
That the council of the town of Danville, county of
Pittsylvania, be, and it is hereby, authorized and empow-
ered to borrow for and in the name of said town, for the
purpose of buying a lot or lots in said town and erecting
a market-house, and included therein or connected there-
with, if so desired, an engine-house, station-house, town
hall, and armory, a sum of money not exceeding fifty
thousand dollars, by the issue and sale of the bonds of
said corporation as hereinafter provided.
2. Said bonds shall be registered or coupon bonds,
known and designated as Danville market-house bonds,
and shall be issued in such denominations and bear such
rate of interest not exceeding six per centum per annum
as may be determined by the council of said town, and
may be taxable or non-taxable for town or municipal pur-
poses as to the said council may seem best. The principal
of said bonds shall be payable in thirty years from
the date thereof, or upon call of said town at any time
after ten years from said date, and the interest shall be
payable semi-annually. The corporate seal of said town
shall be attached to or impressed upon such bonds; they
shall be signed by the president of the council of Dan-
ville and countersigned by the treasurer thereof, and shall
have printed on the face or back thereof that they are
issued pursuant to the provisions of this act. Said bonds
shall be negotiated or sold in such manner as may be pre-
scribed by said council, but at not less than par nor for
any greater amount than may be necessary for the pur-
poses above named.

3. The control and management of said market-house
and other buildings included therein or connected there-
with shall be under the direction of the council of the
town of Danville, to be exercised by itself or through such
committee or committees and agencies as it may adopt;
and said council shall prescribe and regulate the rates or
license or other taxes and the rents and charges to be
imposed and paid for the occupation or use of the apart-
ments, rooms, stalls, or privileges in, attaching, or pertain-
ing to said market-house, etc., so erected and furnished by
said town. And said council is hereby authorized and
empowered to enact, ordain and establish all necessary
by-laws, rules, and regulations for the control of the
markets of Danville, and the market-house and apartments
therein or buildings attached thereto or connected therg-
with as aforesaid, so that the same be not in conflict or
inconsistent with the laws of Virginia or of the United
States. And the said council may ordain and direct the
imposition of reasonable fines and penalties, not exceed-
ing fifty dollars fine, and imprisonment not exceediug
sixty days, either or both, for any violation or violations
of the market ordinances of said town, or for injury to, or
abuse of, said market-house or property connected there-
with, or for the misuse or abuse of the market-house
privileges provided by said town, and may recover and
enforce the same by proper proceedings before the mayor
or any justice of the peace of said town; and in the case
of rents due and in default, the same may be recovered
from the person or persons owing or liable for the same,
by distress or other proper action, before the mayor or any
justice of said town when the amount involved does not
exceed one hundred dollars, and when over that sum by
proper action before the corporation court of Danville.

4. The said council shall provide by suitable ordinance
or ordinances for the payment of the interest upon the
money borrowed, and for which bonds shall be given as
aforesaid, and for the redemption of the principal by pro-
viding an adequate sinking fund therefor, or otherwise, as
it may deem best.

5. Authority to borrow the money and issue bonds
therefor for the purposes named in this act is hereby con-
ferred upon the council of the town of Danville, notwith-
standing anything contained in the charter of said town,
or any act or acts of the general assembly subsequent
thereto, having relation to subscriptions by, or the indebt-
edness of, said town.

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