CHAP. 136.—An ACT to incorporate the Norfolk and Camden
railroad.

Approved February 2, 1892.

1. Be it enacted by the general assembly of Virginia,
That E. A. Buell, T. H. Synon, F. J. Stowe, S. D. Puller
and Joseph T. Tunis, and their associates, successors and
assigns be, and they are hereby, declared to be a hody
corporate and politic, by the name of the Norfolk and
Camden railroad, and by ‘that name and style are vested
with all the rights, powers and privileges conferred and
made subject to all regulations and general laws applica-
ble to bodies politic and corporate in the state of Virginia
not inconsistent with this act.

2. The capital stock of the said company shall not be
less than fifteen thousand dollars, and not more than one
hundred thousand dollars, divided into shares of the par
value of one hundred dollars each. The above named in-
corporators, or any three of them, are hereby created a
commission, and authorized to receive subscriptions for
stock, and for this purpose may open subscription books
in such manner as they may deem necessary, and keep the
same open until the minimum amount named shall! have
been subscribed. Thereafter, within their discretion, they
may call a meeting of the subscribing stockholders and
proceed to organize the company. From time to time
thereafter the capital stock may be increased until the
maximum amount named shall have been issued.

3. The said company shall have the right to locate,
construct, equip, maintain and operate a railroad from
some suitable point on the southern branch of the Eliza-
beth river, in the county of Norfolk, Virginia, southwardly
by the most advantageous, expedient and practicable
route to some suitable and convenient point in the said
county of Norfolk on the boundary line between the state
of Virginia and the state of North Carolina, or to such
intermediate point as may be expedient.

4. The said company shall have the right to cross any
navigable stream in its route, provided a draw sufficient
not to impede navigation is placed in each of its bridges
over such streams; it may build branch tracks of ten
miles in length each, or less, through such routes as said
company may deem necessary for the successful operation
of its road; and the said company shall have the right
(subject to the general provisions of the code of Virginia
of eighteen hundred and eighty-seven, and the general
acts in amendment thereof ) to cross at grade, over or under,
intersect, join, or unite its railroad with any other railroad
now built or constructed, or hereafter to be built or con-
structed, at any point on its route, upon the grounds of

uch railroad company, with necessary turnouts, sidings,
witches, and other conveniences in furtherence of the
bject of its construction; the terms of said crossing, in-
ersection, or union to be agreed upon by this company,
ind the railroad company to be crossed, intersected, or
inited with.

5. The said company shall have the right to construct
11 wharves, docks, piers, warehouses and other terminal
.ccessories which may be necessary for the conduct of its
yusiness, and shall have the right to acquire and hold, by
ease or purchase, timber lands along the line of its road,
10t to exceed five thousand acres at any one time; to sell
lumber from said lands, and to operate such mills as are
1ecessary to prepare such lumber for market.

6. It shall be lawful for said company to acquire in
subscription to the capital stock of said company, or by
jonation, money, land, or other damages, labor, work, ma-
terial, bonds, stock of other corporations, and other means
available for that purpose; and to receive subscriptions
from individuals, other companies, associations, or corpor-
ations: provided that the corporations chartered under
the laws of Virginia, and doing business within this com-
monwealth, shall not be allowed to make such subscriptions,
unless their respective charters permit such subscriptions
to be made; and the said company may sell, lease, or oth-
erwise dispose of any lands or properties acquired under
this section.

7. The said company shall have the right to acquire by
purchase, condemnation, or otherwise, the lands neces-
sary for its tracks, or the right of way over such lands,
and in addition, may acquire such other lands and hold
the same as are necessary for the proper conduct of its
road. The said company shall have power to borrow
money to such an amount as may be deemed necessary
by its officers, from time to time, and may secure such loans
as it may make, by one or more deeds of trust upon its real
and personal property, or upon any portion of the same.

8. The corporators herein named shall have the power
and authority of a president and board of directors for the
purpose of organization of said company, and upon the
organization of said company, the stockholders of the same
may choose such officers of the said company, give them
such powers, and enact such by-laws as they may deem
Proper, subject, however, to the provisions of the general

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9. The said company shall commence work under this
act within four months, and complete the same within
three years from the passage of this act, otherwise this
act shall be null and void. .

10. This charter shall be at all times hereafter subject
to amendment or repeal at the pleasure of the general
assembly; and it is agreed that said company takes and
accepts this charter of incorporation upon the express
understanding and condition that the said company will
pay all taxes, dues and demands due the state of Virginia,
at any time hereafter in lawful money of the United
States, and will not tender or pay coupons therefor.

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