CHAP. 522.—An ACT to confirm and ratify a charter granted by
the judge of the thirteenth judicial circuit, incorporating the
Virginia iron and railway company, and to amend the same.

Approved March 1, 1892.

1. Be it enacted by the general assembly of Virginia,
That the charter granted by vacation order of William
McLaughlin, judge of the circuit court for the county of
Rockbridge, entered the third day of January, eighteen
hundred and ninety-one, in vacation, incorporating the
Virginia iron and railway company, upon the application
for such charter by Henry D. Turney, Lee Chamberlain,
John J. Lentz, George K. Nash, and Tracey W. Guthrie,
which application and order are lodged and recorded in
the office of the secretary of the commonwealth, on the
fifth day of January, eighteen hundred and ninety-one, be,
and is hereby, in all respects ratified and confirmed by the
general assembly of Virginia, the terms of said order of
incorporation being as follows :

Whereas Henry D. Turney, Lee Chamberlain, John J.
Lentz, George K. Nash and Tracey W. Guthrie, desiring
to form a joint-stock company under the laws of Virginia,
have, on the thirty-first day of December, eighteen hun-
dred and ninety, made and acknowledged their certificate
in writing, which is herewith filed, and their acknowledg-
ment of the same before a proper officer being duly at-
tested, and have presented the same to the undersigned,
judge of the circuit court of Rockbridge county, wherein
the principal office of the company is to be located, in
vacation of said court; and it appearing upon due con-
sideration that said application is in due form, and that
a charter of incorporation should be granted to said
persons:

Now, therefore, I, William McLaughlin, judge of the
thirteenth judicial circuit of the commonwealth of Vir-
ginia, in virtue of the authority vested in me by law, do
order and decree as follows:

First. That the said Henry D. Turney, Lee Chamber-
lain, John J. Lentz, George K. Nash,. and Tracey W.
Guthrie, and such other persons as they may lawfully
associate with them, and their successors, be, and they are
hereby, constituted a body politic and corporate under the
name and title of the Virginia iron and railway company,
and that the said company be hereby invested with all the
general powers, rights, and privileges pertaining to incor-
porated companies under the laws of this commonwealth
and be subjected to all the general restrictions prescribed
by the same in respect to such bodies politic and corpo-
rate.

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Second. That the said company shall have power to
acquire and improve the plant and property known as the
Victoria furnace property, and the lands and easements
and rights of way appurtenant thereto, and for the pur-
pose of paying therefor and of improving and developing
the same, to issue full-paid and non-assessable stock of
the company to an amount not to exceed one million dol-
lars ($1,000,000), and to issue bonds of the company to
an amount not exceeding three hundred thousand dollars
($300,000), and to secure such bonds by mortgages or
trust deeds; and also to make and manufacture iron and
steel in all its forms, and to mine and wash, purchase
and vend ores, and to acquire by purchase or lease or
otherwise such additional lands as may be required, and
to wash ores on any part of its property, apd to locate and
operate the machinery therefor in any waters thereon, and
to construct and use reservoirs, pipe lines, ditches, and
flumes; also to construct and operate a coking plant or
plants of ovens, and to conduct the business of mining,
coking, or vending coals on the premises of the company
or elsewhere, and to acquire by purchase or lease or other-
wise such coal lands as may be required for the purposes
aforesaid, and also to operate such railways, and to con-
duct such general store and merchandise business, and to
do any and all such things as are incident to and deemed
by the directors advisable and proper for the successful
and profitable management and conduct of a plant for
the making and manufacture of iron and steel; and to
buy, hold, sell, donate, lease, and otherwise dispose of real
estate; to improve and develop the same by laying it out
in lots or parcels; to make and grade streets and alleys
through the same, and to erect, encourage, and operate
manufacturing establishments of all sorts connected with
the iron and steel business in such manner and upon such
terms as the directors may deem proper; and in further-
ance of its purposes the said company may subscribe to,
purchase, or otherwise acquire the stock of other compa-
nies, and vote such stock and dispose of the same.

Third. The capital stock of said company shall be one
million dollars ($1,000,000), divided into ten thousand
shares of one hundred dollars each.

Fourth. The said company is authorized to hold real
estate to the amount of fifty thousand (50,000) acres at
any one time.

Fifth. The principal office of said company shall be
kept at Goshen, in Rockbridge county, Virginia, and may
be either in the town or at the plant of the company
adjacent thereto.

Sixth. The chief business to be transacted by the com-
pany, after acquiring and improving said furnace pro-
perty, is to be the making and manufacture of iron and steel.
Seventh. The names and residences of the officers who
are, for the first year, or until their successors are duly
elected or appointed, to manage the affairs of the com-
pany, are as follows: President, Henry D. Turney, of
Columbus, Franklin county, Ohio; vice-president, Lee
Chamberlain, of Columbus, Franklin county, Ohio; secre-
tary and treasurer, James S. Wheeler, of Goshen, Rock-
bridge county; directors, Henry D. Turney, Lee Cham-
berlain, John J. Lentz, George K. Nash, and Tracy W.
Guthrie, all of Columbus, Franklin county, Ohio.

Eighth. The acceptance of this charter and organiza-
tion thereunder shall be deemed to be a waiver by said
company of any right to pay any taxes or other dues to
the state of Virginia otherwise than in lawful money of
the United States.

Ninth. This’ charter shall be in force as soon as the
same shal! have been lodged in the office of the secretary
of the commonwealth of Virginia, as prescribed by law.

It is further ordered, that the clerk of the circuit court
of Rockbridge county cause this charter and the accom-
panying certificate to be forthwith recorded in the proper
book, and duly certified to the secretary of the common-
wealth, to be in like manner recorded in his office.

2. The said Virginia iron and railway company being
the successor of the iron and steel works association of
Virginia (limited), by its purchase under a deed of trust
executed by that company of its works and property, and
under public sale and conveyance pursuant thereto; and
the general assembly of Virginia having heretofore passed
an act, approved March seventeenth, eighteen hundred
and eighty-four, entitled an act to confer upon the iron
and steel works association of Virginia (limited) certain
corporate privileges in this state, it is further enacted
that said Virginia iron and railway company shall suc-
ceed to and have all the franchises, rights and privileges
conferred or intended to be conferred by said act of
March seventeenth, eighteen hundred and eighty-four,
upon said the iron and steel works association of Virginia
(limited), and to that extent its charter is hereby
amended.

8. It shall be lawful for said Virginia iron and railway
company to subscribe to, purchase, or otherwise acquire
the capital stock or bonds of other joint-stock companies,
and to vote such stock, in any general or special meeting
of stockholders, either by its officers or proxies, or through
a trustee holding the same for its use and benefit, and its
charter is hereby amended accordingly.

' 4; The Virginia iron and railway company shall not be
required to assume the duties or responsibilities of a com-
mon carrier of passengers or freights unless and except as
it shall find it necessary so to do in order to carry out the

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following provision: But it shall be required to make
such arrangements with the Rockbridge alum and Goshen
railroad company, or otherwise, as will secure to the pro-
prietors of the Rockbridge alum springs suitable passen-
ger and freight accommodations for the business of that
resort, allowing the use of its tracks between Goshen sta-
tion, of the Chesapeake and Ohio railway, and the point
of connection with said Rockbridge alum and Goshen
railroad, a distance of about eight miles, during the
spring’s season of each summer, for the transportation of
passengers, United States mails, express matter, and
freight to and from said springs, subject to the supervi-
sion and control of the manager of its furnace, to the
extent of preventing any conflict in the running of the
trains, and will give a through passenger train service to
and from said Rockbridge alum springs during the months
of June, July, August and September of each year, making
suitable connections with the Chesapeake and Ohio train
service, and running three trains each way every twenty-
four hours, if necessary, for that purpose. And it shall
be required to continue to provide such passenger and
freight service during each season so long as it continues
to operate its railway with ore trains from its mines, and
has the right to exercise the privileges of taking iron ores
from the lands of the Peyton-Campbell company, as given
by acertain contract between the Rockbridge alum and
Goshen railroad company, James A. Frazier, William G.
McCormick and the Virginia iron and railway company,
dated the twenty-ninth January, eighteen hundred and
ninety-two, and to be recorded in the county court of
Rockbridge county, and until the taking of ores from the
locality shall be permanently abandoned by it. And in
respect of the use of its tracks, as aforesaid, the following
rates of toll may be charged for transportation over the
same, viz.: Of a person and his baggage, within a hun-
dred and fifty pounds, not exceeding eight cents per mile;
of freight, not exceeding ten cents per hundred pounds,
and if by the car-load, not exceeding three cents per hun-
dred pounds for ice and furniture, and five cents for other
freights; and of any express package within two hundred
and twenty-five pounds, not exceeding twenty-five cents
per package; and for all distances less than ten miles, a
charge may be made at the foregoing rates as for ten miles.
5. This act shall be in force from its passage.