CHAP. 57.—An ACT to incorporate the Radford street railway
company.

Approved January 15, 1890. .

1. Be it enacted by the general assembly of Virginia,
That S. Heth, James L. Radford, William Ingles, William
Galway, W. R. Wharton, W. W. Justice, W. P. Logan,
Joseph I. Doran, and Charles H. Mellon, or such of them
as may accept the provisions of this act, their associates,
successors, and assigns, be and they are hereby, incorpor-
ated and made a body politic and corporate under the
name and style of the Radford street railway company,
and by that name shall be known in law, and as such are
authorized and empowered to locate, construct, maintain
and operate a street railway on any streets or highways
in or in the vicinity of Radford, Montgomery county,
for public use in the conveyance of passengers by any
power other than locomotive, and to collect tolls and fares
on the same.
2. Such street railway shall not be located or con-
structed except with the consent first had and obtained of
the local authorities having control of the streets or high-
way proposed to be used; but such railway shall not be
located or constructed except with the consent of and under
such regulations as may be imposed by the local authori-
ties having control of the streets or highways proposed to
be used; and when the said company desires to use any
street or highway laid out or opened by or at the expense
of the Radford land and improvement company, the con-
sent and approval of the Radford land and improvement
company in writing under its corporate seal must also be
previously had and obtained, and the terms and condi-
tions of such consent and approval accepted and complied
with.

3. The roadway and tracks of said company shall be
constructed, operated, and maintained by it in such man-
ner as not to interfere with or obstruct the ordinary use of
the streets or highway used by it; and the said company
shal] at all times keep the streets and highways so used by
it in good order and repair.

4. The said company shall have perpetual succession
and have power to sue and be sued, plead and _ be
impleaded, defend and be defended in all courts, whether at
law or in equity; and may make and have a common seal
and alter or renew the same at pleasure; and shall! have
and possess and enjoy all the rights and privileges of a
corporation or body politic in the law arid necessary for
the purpose of this act.

5. The capital stock of said company shall not be less
than fifty thousand dollars, and may, from time to time,
with the consent of a majority of the stockholders, be
increased to an amount requisite for the purposes of the
said company by issue and sale of shares—the par value
of which shall not be less than fifty dollars—from time to
time under such regulations as the board of directors of
said company shall from time to time prescribe; and the
directors may receive cash, labor, material, real and per-
sonal property suited to the business of said company in
payment of subscriptions to the capital stock at such
valuations as may be agreed upon between the directors
and the subscribers, and may make such subscriptions
payable in such manner or amounts at such times as may
be agreed upon with the subscribers.

6. It shall be lawful for the company to acquire by dona-
tione or purchase of land for right of way, depots, stations,
and other purposes necessary for the successful construc-
tion and operation of its road, and to contract with other
corporations for the supply of power it may require for the
operation of its line.
7 It shall be lawful for said company to borrow money
or issue and sell its bonds, from time to time, for such
sums and on such terms as its board of directors may
deem expedient and proper, and to secure the payment of

said bonds by mortgages or deeds of trust upon all or any
portion of its property, railroads, and franchises, includ-
ing its franchise to be a corporation.

8. The said company shall be required to commence the
construction of said railroad within two years and com-
plete the same within five years, or otherwise the powers,
privileges, and franchises hereby granted shall be annulled
and become void. !

9. The persons first named in this act, or such of them
as shall accept the provisiong thereof, shall have the power
and authority of a president and board of directors for the
purpose of organizing and al} other purposes. They shall
constitute the board of directors for the first year, and
shall continue in office until their successors shall be
elected and qualified. Each stockholder in the company
shall at all meetings or elections be entitled to one vote for
each share of stock registered in his name.

10. The board of directors shall be stockholders of said
company. They shall appoint one of their number presi-
dent, and may fill any vacancy that may occur in said
board, unless by removal; in which case the same shall
be filled by the stockholders in general meeting. When-
ever twenty-five per centum of the capital stock shall
have been subseribed and. the board of directors shall have
elected a president, said company shall be considered
legally organized, and may proceed to the transaction of
business.

11. All taxes and debts due and to become due to the
commonwealth by said company shall be paid in lawful
money of the United States and not in coupons.

12. This act shall be in force from its passage, but the
general assembly of the state of Virginia reserves to itself
the right to modify, alter, or repeal this act at any time
hereafter.

CuapP. 58.—An ACT to submit the question of a hog law.to the
voters of Occoquan and Dumfries districts, Prince William
county.

Approved January 16, 1890.

1. Be it enacted by the general assembly of Virginia,
That an election shall be held in Occoquan and Dumfries
districts, Prince William county (on the fourth Thurs-
day in May, eighteen hundred and ninety), by the judges
of election in said districts at the several voting places
therein, to enable the qualified voters of said districts to
declare by their votes whether or not they will agree to a
law to be known as the “hog law.” The ballots shall be
respectively as follows: ‘ For hog law,” ‘“ Against hog
law;” provided that notice shall be given by the sheriff
posting the times and places of voting on the front door
of the courthouse, and at the several voting places in said
districts thirty days before the day of election.

2. The manner of receiving and canvassing the ballots
at such election on said question and making abstracts
and returns thereof, shall conform in all respects to the
general election law of the state, except that the certifi-
cates of the judges shall be as follows: We hereby certify
that at the election held votes were cast
“for hog law,” and votes were cast “ against hog
law.”’

Clerks. Judges.

3. If it shall appear from the abstracts and returns of
said election that a majority of the qualified voters of
either of said districts voting upon said question are in
favor of the “ hog law,” then it shall be the law of the said
districts, and all acts and parts of acts repugnant to this act
be, and are hereby, repealed in the limits aforesaid.

4. If any swine should trespass upon any lands in the
limits aforesaid, the owners or managers of said animals
shall be liable for all damages or injury done by the said
animals to the owner of the crops or lands upon which
they may trespass, whether the said animals wander from
the premises of the owner in the county or district in
which the trespass was committed or from another county
or district. | |

5. The damages and awards in all cases arising under
this act shall be ascertained in the manner and under
lawe now in force for trespass and damage. .

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

CHAP.59.—An ACT to amend section 2 of charter of the Ports-
mouth and Norfolk county building and loan association.

Approved January 16, 1890.

1. Be it enacted by the general assembly of Virginia,
-That section two of an act entitled “an act to incorporate
the Portsmouth and Norfolk county building and loan
association,” approved March fourth, eighteen hundred
and eighty-four, be, and the same is hereby, amended soa
as to read as follows:

§ 2. The stock of said association shall consist of not
less than five hundred nor more than ten thousand unre-
deemed shares of the par value of one hundred dollars each,
payable in monthly instalments of one dollar per share.
Memleers receiving the full value of their shares in advance,
as borrowers, shall pay one dollar per share per month in
lieu of dues, and not exceeding sixty-five cents per share
per month in lieu of interest. The association, on making
advances to its members as borrowers, may receive a honus
or premium under such rules and regulations as may be
prescribed by its by-laws.

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

CHapP. 60.—An ACT to smend and re-enact sections 2, 3, 4 and 5 of
au act to incorporate the Buena Vista company, approved May f0th.
1887.

Approved January 16, 1890.

1. Be it enacted by the general assembly of Virginia,
That sections two, three, four, and five of an act entitled
“An act to incorporate the Buena Vista company,”
approved May ten, eighteen hundred and eighty-seven, be
amended and re-enacted so as to read as follows:

§ 2. The capital stock of said company shall not be less
than ten thousand dollars, to be divided into shares of one
hundred dollars each, and the same may, from time to
time, be increased by additional subscriptions or the issue
and sale of shares to such amount, not exceeding five
million dollars, as the stockholders at any general or
special meeting may authorize and prescribe. No existing
stockholder of the said company or his transferee shall
be held individually liable for the debts or liabilities of
the company in any larger or further sum than to such
amount as may be due and unpaid severally upon each
stock subscription according to the terms agreed upon
with the said company at the time of subscribing—the
said terms being that stock should be issued as fully paid,
and not liable for further assessments, upon the payment
of fifty per centum of the par value thereof; and hereafter
subscriptions may be taken on such terms and conditions
as to the amount to be paid in thereon as the subscrip-
tions heretotore taken, or on such other terms and condi-
tions, and below the par value thereof when deemed:
necessary, as shall be thought advisable. And when the
amount originally agreed to be paid on subscriptions to
stock heretofore made or hereafter to be made shall have
een paid in full, the Buena Vista company is hereby
thorized to issue full-paid certificates of stock for the
par value thereof to the subscribers or their transferees ;
ind the holders of such certificates shall not be liable for
uny further assessment thereon for the debts and liabili-
ies of the company; or for any purpose whatever. And
he said company may receive subscriptions to its capital
stock, or payments for its shares subscribed, in money,
ands, or other property, upon such terms as shall be
Rgreed upon or authorized by the board of directors; and
she said company may make such of its ‘shares preferred
shares, and such thereof common shares, upon such terms
and conditions as the board of directors shall determine.

8 3. There shall be a board of not lesa than seven
directors, one of whom shall be elected president of the
company by the stockholders. The stockholders at any
general meeting may change the number of directors, and
may provide for the proper government of the corporation
by by-laws as they may deem fit and proper. The hoard
of directors may appoint such subordinate agents and
officers of the company as they may deem necessary for
the proper despatch of the business of the company.

$4. The said company is hereby authorized to carry on
the business of mining and manufacturing any of the ores,
minerals, metals, materials, or products of this state, and
may conduct such business at one or more points in the
counties of Rockbridge, Augusta, Amherst, Nelson, Bed-
ford, and Botetourt, or either of them, and in such counties
of this state in which the said company may deem it
proper to acquire property or establish works for that
purpose; and the said company is hereby authorized to
lay out towns in any of said counties, and to divide the
same into blocks and lots, and to sell such blocks and lots,
and to improve the same by the construction thereon of
dwellings, stores, and all other buildings, and to lease and
sell such lots and buildings, and to donate such lots, and
to improve its said lands by the laying out of streets, parks
or improvements of any kind, and may establish such rules
and regulations as to the use thereof as the hoard of
directors may deem best; and to construct and conduct
hotels on said lands; to work and operate water-works, gas
works, electric light plants, and electric light plants for
any other purpose, and all machinery, structures and
fixtures necessary for said works, for the purpose of sup-
plying water, gas, light and other conveniences to persons
or corporations residing or doing business at or near the
said town; to quarry and cut stone, make brick, cut and
saw timber, dig sand and clay, and to use and sell the pro-
ducts of such work; and for these purposes the said
company shal] have authority to buy, hold, sell, lease
donate, or otherwise dispose of any real or personal estate
deemed necessary for the proper prosecution of its business,
and may erect on any of its property any buildings,
machinery, or structures needful for carrying on its min-
ing and manufacturing operations, and may operate, sell,
lease or otherwise dispose of the same. And the said
company may, in connection with the use or improvement
on any of its property, make, build, and operate anv canals
or water courses, ways or tramways, or railways operated
by horse or steam or other power, not exceeding twenty
miles in length, and for this purpose, when necessary, may
acquire, by contract and condemnation, such land or other
property, or rights of way as may be necessary therefor,
proceedings for such condemnation to be in accordance
with chapter forty-six of the code of Virginia, and the laws
amendatory thereof.

§ 5. It shall be lawful for said company to sell its bonds
from time to time for such sums and on such terms as its
board of directors may deem expedient and proper in the
prosecution of any of its works or business, and may
secure the payment of the principal and interest thereof
by mortgages or deeds of trust, upon all or any portion of
its property, rights and franchises, including its franchises
to be a corporation; and it shall be lawful for said com-
pany to subscribe to and hold shares in the capital stock,
or bonds of any railroad company or other corporation
whenever the board of directors shall deem it to be to its
interest to do so. Each stockholder in said company shall
be entitled to one vote for each share held by him.

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