CHAP. 600.—An ACT to incorporate the Staunton military
academy. .

Approved March 4, 1890.

1. Be it enacted by the general assembly of Virginia,
That William H. Kable, W. W. Gibbs, W. P. Tams, John
B. Hoge, Keeves Cott, and their successors, be, and they
are hereby, incorporated and made a body politic under
the name and style of the Staunton military academy, for
the purpose of keeping and conducting a boarding and
day school of the above name, and of teaching and giving
instruction to such persons as may be committed to their
care as pupils of said school in all the various studies and
courses of instruction in ancient and modern languages,
music, fine arts, sciences, military tactics, and in all other
things usually prescribed in schools and colleges of the
highest grade, with the right and privilege to make and
prescribe such rules and regulations as from time to time
may seem fit and proper to them, and to change and alter
the same as the best interest of the said school may re-
quire.

2. Said academy may in its corporate name sue and be
sued, and may in its corporate name contract and be con-
tracted with, purchase, hold, and grant estates, real and
personal, for its purposes; and make regulations for the
government of all persons and things and property under
its authority for the management of its estate, and the
due and orderly conducting of its affairs: provided, said
academy shall not at any time acquire and hold real and
personal estate exceeding. in value one hundred thousand
dollars.

3. The said academy may have such public and other
celebrations at such times and places and in such manner
and form as it may deem proper, and may confer and be-
stow upon its pupils or graduates such diplomas, degrees,
or certificates, or other evidences of graduation, distinc-
tion, or proficiency as said pupils may acquire in their
various studies or employments, according to the regula-
tions of said academy and the determination of its teach-
ers, instructors, or other officers; which said diplomas,
degrees, and certificates shall bear the seal of said academy
and the signature of its principal.

4, The officers of this academy shall consist of a prin-
cipal, and any such assistants in the school and academic
department and in the domestic department as may be
deemed requisite, to be chosen in such manner and form
as said corporation may prescribe.

5. Said academy shall be entitled to all the protection
afforded to any incorporated college in this state by sec-
tion twenty-eight hundred and thirty-five of the code of
Virginia, eighteen hundred and eighty-seven; and any
one dealing with any student of said academy in any way
that is forbiddén as to students of any incorporated col-
lege in the state by said section shall be liable to all the
fines, penalties, and forfeitures imposed by said section
twenty-eight hundred and thirty-five, to be recovered as
provided in said section.

6. The said corporation may open books of subscription
to the capital stock of said corporation, which stock shal]
not be less than ten thousand dollars or more than one
hundred thousand dollars, and shall be divided into shares
of one hundred dollars each.

7. All taxes and debts due to the state of Virginia shall
be paid in lawful money of the United States and not in
coupons. .

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

CHAP. 600.—An ACT to incorporate the Tacoma mining and
transportation company.

Approved March 5, 1890.

1. Be it enacted by the general assembly of Virginia,
That W. E. Harris, I. C. Stamps, A. D. Simpson, A. B.
Rogan, Hugh B. Kyle, J. I. Wolfe, and H. B. Clay, senior.
or such of them as shall within thirty days accept the pro-
visions of this act, their associates and successors, be, and
they are hereby, incorporated and made a body politic and
corporate under the name and style of the Tacoma mining
and transportation company; and by that name shal] be
known in law, and have perpetual succession, and have
power to sue and be sued, plead ‘and be impleaded, defend
and be defended in all courts, whether in law or equity:
and they may make and have a common seal. and may
alter or renew the same at pleasure, and shall have, enjoy,
and exercise all rights, powers, and privileges pertaining
to corporate bodies and necessary for carrying out the pro-
visions of this act; and may make by-laws, rules, and
regulations consistent with the existing laws of the state
for the government of all under its authority, management
of its properties, and the due and orderly conduct of its
affairs.

2. The capital stock of said company shall not be less
than one hundred thousand dollars, and may be increased
to an amount not exceeding five hundred thousand dol-
lars, and shall be divided into shares, the par value of
which shall be one hundred dollars each; and the direc-
tors may sell said shares of stock, or any part thereof, at
such price as they may deem tu be the best interests of the
company, and may receive real or personal properties or
services in payment therefor, at such valuation as may be
agreed upon between the directors and purchasers.

3. The said company is authorized and empowered to
purchase, hald, own, lease, and control in any manner,
grant, bargain, sell, mortgage, convey, and otherwise dis-
pose of real and personal properties of any kind in this
state or elsewhere: provided, that said company shall not
own more than twenty thousand acres of land in any one
county in this state at any one time; and the said com-
pany is authorized aud empowered to lay out said lands,
or any part thereof, into parcels or lots of convenient size
with roads, lanes, streets, and alleys, and develop, work,
improve and cultivate, or otherwise use or dispose of the
same in such manner and upon such terms as the said
company may think proper; and the said company shall
have the right to construct and maintain within any city,
town, or village which the said company may plat or lay
out streets, railroads, or in any other city, town, or village,
with the consent of its council, and operate the same by
steam, electric, and animal power, and erect and operate
water-works and gas-works or other systems of illumina-
tions. The said company may also build, construct, and
operate tramways and railroads with tracks of wood, iron,
or steel, from the lands of said company, to connect with
such other railroads, mines, or manufacturing establish-
ments which, in the judgment of the board of directors,
shall seem advantageous to the company, or offer sufficient
tonnage to justify their construction; and the said com-
pany is authorized to transport logs, lumber, coal, ores,
merchandise, and other freight and passengers: provided,
that it shall not discriminate in favor of its own products
against those of other persons, but shall, in all matters of
transportation upon its tramways or railroads, be subject
to the laws of the state controlling common services; and
the said company may also construct, maintain, and ope-
rate pipe-lines, tanks, and all other appurtenances, for the
purpose of conducting storage, and handling gas, oil, or
other liquids; and for the purpose of constructing, main-
taining, and operating any of the above works, the said
company shall have all the rights, powers, and privileges
which are given to internal improvement companies by
the general laws of this state.

4. The said company is authorized and empowered to
bore and operate wells of gas, oil, or other liquids, and to
mine and quarry coal, iron, stone, or marble, and other
mineral substances, and to prepare and manufacture the
same for use and sale in all manner of forms it may adopt,
and to manufacture and prepare for market and sale all
other raw materials, mineral or vegetable, and for this
purpose may erect and operate all kinds of furnaces, mills,
manufactories, coke-ovens, machinery, and other works
necessary for the enjoyment of the privilege herein granted
to the fullest and most ample extent.

5. The persons above named in this act shall constitute
the first board of directors of the said company, one of
whom they shall elect president. They shall adopt a code
of by-laws, appoint a secretary and treasurer, and when
so organized they shall be authorized to change the cor-
porate name of said company if deemed advisable, fix the
amount of the capital stock, and to exercise all the powers
conferred by this charter. The secretary shall certify said
organization on the books of the company, a copy of
which, duly attested by a notary public, shall be received
in all courts and elsewhere as evidence of the lega] organ-
ization of the company. They shall continue in office
for one year and until their successors are elected by the
stockholders. Each stockholder in the company shal] at
all meetings or elections be entitled to one vote for each
share of stock registered in his name.

6. The board of directors may establish offices and
agencies at such places as they may deem proper, but the
annual meeting shall be held at some point in the county
of Wise, and the principal office shall be located in the
state of Virginia.

7. No stockholder shall ever be liable or made respon-
sible for its debts or liabilities in a larger or further sum
than the amount of any unpaid balance due to the said
company on account of stock purchased from the com-
pany by the said stockholder. |

8. This charter herein granted, except as to matters
herein specially provided for, is hereby declared to be
subject to the provisions of the general law in regard to
chartered companies and corporations as aforesaid in the
code of Virginia of eighteen hundred and eighty-seven.
Whenever this corporation shall exercise any of the privi-
leges conferred by this act it shall be liable to the same
taxes as may be imposed by law upon other like corpora-
tions; and it is further provided, that the said taxes shall
be paid in lawful money of the United States and not in
coupons. And the said company may unite, consolidate,
or merge its rights, powers, privileges, franchises, and pro-
perties with those of any other incorporated companies,
full power being given to any such company to form such
union, consolidation, or merger, and the company formed
by the union, consolidation, or merger of this company
with any other company or companies shal! have, possess,
and enjoy, to the fullest and most ample extent, all the
rights, powers, privileges, and franchises which at the date
of such union, consolidation, or merger, each and every.
the said company possessed.

9. This company, so far as its properties are located and
corporations are conducted within this state, shall always
remain a Virginia corporation and be subject to the juris-
diction of its courts.

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