An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1891/1892 |
---|---|
Law Number | 508 |
Subjects |
Law Body
CHAP. 508.—An ACT to incorporate the River View and South-
side bridge company.
Approved February 29, 1892.
1. Be it enacted by the general assembly of Virginia,
That James H. Dooley, R. B. Chaffin, James B. Harvie,
William G. Taylor, Matthew Gilmour, W. L. Moody, H. C.
Beattie, J. H. Middendorf, E. A. Saunders, junior, E. D.
Starke, William Lovenstein and Thomas Barry, of Vir-
ginia, and their associates, successors and assigns, and
such persons as may hereafter be associated with them be,
and they are hereby, declared a body politic and corpo-
rate by the name of the River View and Southside bridge
company, and said company may, by or under its corpo-
rate name, make use of a corporate seal, and may sue and
be sued, plead and be impleaded, contract and be con-
tracted with.
2. The capital stock of said company shall not be less
than fifty thousand dollars nor more than five hundred
thousand dollars, and may be increased from the mini-
mum to the maximum, from time to time, as the board of
directors of said company may determine. .
3. The stock to be not less than one hundred dollars
per share; said company may organize when twenty-five
per centum of the minimum capital stock has been duly
subscribed and paid up, and said incorporators, or a ma-
jority of those therein mentioned, who are hereby com-
missioned for the purpose, may open books of subscription
in such manner, time and place or places as they may see
fit, and by consent of a majority of said incorporators,
when the said twenty-five per centum of the minimum
amount herein mentioned has been paid in, said incorpo-
rators may thereafter proceed to organize by electing
proper officers; and the directors may receive cash, labor,
material, bonds, stock, real or personal property in pay-
ment of subscriptions to the capital stock of said com-
pany, and at such price as may be agreed upon between
the directors and subscribers.
4, The said company may construct a bridge over James
river connecting the north and south banks, at some point
upon what is called “ River View,” in Henrico county, on
the north side of James river above the head of Belle Isle,
to the south bank of said river, in Chesterfield county.
Such bridge may be constructed of iron, stone, brick, or
lumber, or partly of different materials, as it may deem
best. It may so construct said bridge as to permit railroad
tracks and cars, engines and carriages to pass thereon, or
street railway or dummy cars, which may be operated by
electricity, steam or other power, and provide for the safe
passage also of foot passengers and vehicles propelled by
horse-power, and for the passage of cattle, sheep, horses,
and other animals.
5. It may make suitable charges or tolls, at prices not
exceeding those charged by the proprietors of or those hav-
ing in charge Mayo’s bridge for such travel as passes over
the bridge, and may charge, by proper rules and regula-
tions, a tariff or toll on such railroad cars, dummies, street
cars, Or passengers as may be agreed on with companies
desiring to use said bridge.
6. The said company may, by proper crossing or arch-
way and not ata grade, cross the Richmond and Alleghany
railroad, and the Richmond and Danville railroad, and
if they fail to agree as to the proper construction to
be eregted where it crosses said roads, it may have said
matter arbitrated by each road selecting an arbitrator;
also may, if they fail to agree, select a third arbitrator,
who must be a civil engineer, and their decision shall be
final, and they shall furnish a detailed plan, showing what
device and plan they have determined on as the proper
and safe and permanent mode of crossing said roads or
road, as the case may be.
7. The said company may have the right to condemn, ac-
cording to the laws of Virginia,the lands required for the ne-
cessary abutments and piers and approaches from the near-
est public road a strip of land not exceeding eighty feet
wide,and in no instance interfere with any lands within
the distance prescribed by the code of Virginia on which
there are erected any buildings or improvements, and the
counties of Henrico or Chesterfield, through their proper
authorities, may open a sufficient outlet to said abutments,
and dedicate said outlet to the nearest public road to the
public, if the company herein incorporated desire the
same. Said company may purchase one thousand acres
of land in either Henrico or Chesterfield, or both, lying
near to said bridge, and lay out the same in drives or parks,
and sell off or hold the same, as it may seem fit. It may
appoint certain toll-gatherers or park-keepers, and apply
to the proper authorities to have them vested with police
power to protect and preserve the property of said compa-
ny and preserve order thereon.
8. The said company, in its corporate capacity, may
have the right to borrow money in such sums as it may
deem best, and to issue bonds and secure the same by
mortgage or trust deed or otherwise, and discount such
bonds at prices to realize such sums as the board of direc-
tors of said company may deem the best to the interest of
said company; and, to secure such bonds, may encumber
its property, real and personal, rights and privileges and
franchises, and its corporate effects of every description.
9. No subscriber to the stock of this company shall be
liable for more than the stock subscribed for by him and
unpaid quota thereon. Each share of stock shall entitle
the stockholder thereof to one vote. There shall be annual
meetings of said company for the election of officers thereof.
10. This company, in accepting the privileges of this
charter, hereby agree to pay all taxes due the state of Vir-
ginia, and that may be hereafter assessed against it, in
lawful money of the United States, and not in coupons
from Virginia bonds.
11. The construction of the bridge herein mentioned
must commence within two years and be completed within
five years from the passage of this act.
12. This act shall be in force from its passage.