CHAP. 73.—An ACT to amend and re-enact section 1148 of the
code of Virginia, in relation to chartered companies. ,

Approved February 17, 1890.

1. Be it enacted by the general assembly of Virginia,
That section eleven hundred and forty-eight of the code
of eighteen hundred and eighty-seven, be amended and
re-enacted so as to read as follows:

§1148. Minimum capital; price of shares; how sub-
scriptions payable; how recovered; what certificate of
stock to show; number of votes stockholder is entitled
to.—The minimum capital of every such company (except
a cemetery company, or a company whose object is purely
benevolent, which may have only a nominal capital, )
shall not be less than five hundred dollars, nor shall the
maximum exceed twenty times the minimum capital, and
the same proportion shall be preserved for greater sums.
Subscriptions to the stock may he paid in money, land or
other property (real, personal or mixed), leases, options,
mines, minerals, and mineral rights, rights of way, and
other rights or easements, labor or service, and there shall
be no individual liability beyond the unpaid subscrip-
tions to stock. And it shall be lawful for such company
tocall for and demand from the stockholders, respectively,
all sums of money by them subscribed, at such time and
in such proportions as it shall deem proper, and may
enforce payment by all the remedies provided by law in
respect to other incorporated companies. Each certificate
of stock in any such company shall set forth truly the
actual capital of the company, the nominal valye of each
share of the stock, and the amount actually paid on each
share by the holder of such certificate. In every meeting
of the stockholders of any such company, each stock-
holder shall be entitled to cast one vote for each share of
stock held by him in said company.
2. This act shall be in force from its passage.

CaP. 74.—An ACT toamend and re-enact sections 2940 and 2941
of the code of 1887, in relation to warrants for small claims.

Approved February 17, 1890.

1. Be it enacted by the general assembly of Virginia,
That sections twenty-nine hundred and forty and twenty-
nine hundred and forty-one of the code of eighteen hun-
dred and eighty-seven be amended and re-enacted as to
read as follows:

$2940. A justice, when applied to by any person, shall
Issue a warrant directed to a constable or the sheriff of
the county wherein the defendant resides, requiring him
to summon the person against whom the claim is, to appear
before him or some other justice on acertain day, not
exceeding thirty days from the date thereof, to answer
such claim. It shall be made returnable to some place
Within the magisterial district in which the defendant, or
if there be more than one, either defendant resides, or in °
Which the cause of action arose, unless the justice, for
good cause shown on oath,'direct it to be returned to some
other place within his county or corporation. The war-
rant may be executed in any part of the county or corpo-
ration on any defendant who resides or may be found
therein. If the warrant be against a corporation it shall
be served as process or notice is served under section
thirtv-two hundred and twenty-five, and to that end the
Justice issuing the warrant shall make and deliver a copy
thereof along with the warrant to the officer required to
serve the same.

$2941. Subpoenas for witnesses may be issued by a jus-
tice, directed to a constable or sheriff of any county or
corporation. Any person summoned to attend as a wit-
ness before a justice who shall fail so to attend shall, unless
he show a reasonable excuse therefor within ten days after
being summoned to state such excuse, be fined by the jus-
tice before whom the failure occurred, a sum not exceed-
ing five dollars, for the use of the party on whose behalf
he was summoned.

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