Chap. 293.—An ACT to place David Bradley, a disabled Confederate soldier,
on pension list.

Approved February 19, 1894.

Whereas David Bradley, a Confederate soldier and a private in
the Salem flying artillery, and a resident of Roanoke county, was,
by reason of service in the army, disabled by hernia, and though
not in the class described in the general statutes as entitled to pen-
sion, is rendered helpless to a degree that justly entitles him to
receive a pension: therefore,

1. Be it enacted by the general assembly of Virginia, That the
auditor of public accounts be, and he is hereby, directed to list said
David Bradley for the pension of fifteen dollars.

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

Chap 294.—An ACT to incorporate the Chesapeake Bay and Great Western
railway company.
f
Approved February 19, 1894.

1. Be it enacted by the general assembly of Virginia, That Mar-
shall M. Gilliam, T. William Pemberton, Charles Watkins and H. A.
McCurdy, of the city of Richmond; Doctor B. L. Winston, of Han-
over; Thomas L. Rosser and Thomas L. Rosser, junior, of Albe-
marle, or such of them as may accept the provisions of this act,
their associates, successors and assigns, be, and they are hereby, in-
corporated and made a body politic and corporate under the name
and style of the Cheasapeake Bay and Great Western railway company,
and as such are authorized and empowered to locate, construct,
equip, maintain and operate a railroad, commencing at some point
on the waters of the Chesapeake bay, between the mouth of the
James and the mouth of the Rappahannock rivers, as the stock-
holders may select; thence running in a westerly direction, by such
route as may appear most feasible, to Ashland, Virginia.
2. The said company shall 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 in equity, and may make and
have @ common seal, and alter or renew the same at pleasure,-and
shall have, possess and enjoy all the rights and privileges of a corpora-
tion or body politic in the law and necessary for the purposes of this
act, and be subject to all the provisions of the general laws of Virginia
with respect to corporations and worksof internal improvements.

3. The capital stock of said company shall not be less than
fifty thousand dollars, and may from time to time be increased to
any amount not exceeding ten million of dollars, by issue and sale
of shares, under such regulations as the board of directors of said
company shall prescribe, the par value of which shall not be less
than one hundred dollars, and the directors may receive cash, labor,
material, lands, town or city lots, real or personal property, in pay-
ment of subscriptions to the capital stock, at such valuation as may
be agreed upon between the directors and the subscribers, and may
make such subscriptions payable in such manner or amounts and at
such times as may be agreed upon with the subscribers, and when-
ever one hundred shares shall have been subscribed to and the sum
of ten thousand dollars paid in cash, the subscribers, under the direc-
tion of any five of the incorporators hereinbefore named, who them-
selves shall be subscribers, may organize the said company by elect-
ing @ president and board of directors, and by electing or providing
for the appointment of such other officers as may be necessary for
the control and management of the business and affairs of said com-
pany, and thereupon they shall have and exercise all the powers and
functions of a corporation under their charter and the Jaws of this
state.

4. Said company shall have (subject to existing laws) the right to
cross at grade, over or under, intersect, join or unite its railway with
any other railway now built or constructed or hereafter to be built
or constructed, at any point on its route, upon the grounds of such
railway company, with necessary turnouts, sidings, switches and
other conveniences in furtherance of the objects of its construction.
But the said railway company shall not lay its tracks across the
tracks of any other railway company at grade, until the terms and
plans of such crossing have been agreed to by such other roads, and
should said railroad not be able to agree upon terms and plans of
such crossing, the same shall be as provided in the general laws of
the state.

5. It shall be lawful for said company to borrow money and issue
and sell its bonds from time to time, for such sums and on such
terms as its board of directors may deem expedient and proper in
the prosecution of any of its work, and may secure the payment of
said bonds by mortgages or deeds of trust upon all or any portion of
its property, real, personal and mixed, its contracts and privileges,
and its charter rights and franchises, including its franchise to be a
corporation, and it may, as the business of the company shall
require, sell, lease, convey and encumber the same.
6. It shall be lawful for said company to subscribe to and hold
shares in the capital stock of any mining, manufacturing or other
corporation; and any mining, manufacturing or other corporation
may subscribe to, guarantee or hold the stock or bonds of the said
company.

7. The said company is anthorized and empowered to locate, con-
struct, equip and operate any lateral or branch roads, or tramways,
not exceeding twenty miles in length, which a majority of its stock-
holders may determine to construct, maintain, equip and operate,
and by such route as may be determined by its board of directors ;
and the said company may connect or unite its said road with that
of any other company or companies, or consolidate and merge its
stock, property and franchises with those of any other company or
companies operating or authorized to operate a connecting line of
railroad, upon such terms and under such name as may be agreed
upon between the stockholders of the companies so uniting or con-
necting, merging or consolidating; and for that purpose power is
hereby given to it and to such other company or companies to make
and carry out such contracts as will facilitate and consummate such
connection, merger or consolidation: provided that a copy of every
such contract of consolidation and merger be filed in the office of
the secretary of the commonwealth. Said company is further author-
ized and shall have the right to cross any navigable stream in the
route of its main line or branches, provided a draw sufficient not to
impede navigation is placed in its bridges over such streams.

8. The company may acquire by condemnation, according to the
laws of Virginia, the lands required for the right of way of its rail-
road, and for the necessary stations, elevators and depots for its
operation.

9. The said company shall be required to commence the construc-
tion of the said railroad within two years from the passage of this
act, and to complete the construction of their line within five years
thereafter; otherwise the powers, privileges and franchises hereby
granted shall be ipso facto void.

10. Each stockholder in the company shall at all meetings or
elections be entitled to one vote for each share of stock registered
in his name, And the president and the board of directors of said
company may enact such by-laws, rules and regulations for the
management of the affairs of said company as they may deem pro-
per and expedient.

11. The board of directors shall be stockholders of said com-
pany, and shall consist of such number as the stockholders may de-
termine upon, and shall be elected at the stockholders’ annual meet-
ing, to be held on such day as the by-laws of the company may di-
rect, and shall continue in office for the term of one year from and
after the date of their election, and until their successors are elected
and accept the duties of the office, and they shall appoint one of
their number president. And in the case of the death, resignation
or incapacity of any member of the board of directors during his
term of office, the said board shall elect his successor for the unex-
pired term.
12. Any county, town or city along the line of said railroad, o1
ny county adjoining another county through which such line
asses may, pursuant to the general laws of Virginia, subscribe tc
he capital stock of the said railroad company, and the said company
s authorized to accept the same.

13. Whenever the corporation shall exercise any of the privileges
onferred by this act, it shall be liable to the same taxes as may be
mposed by law upon other like incorporations or persons exercising
ike privileges; and all taxes due the commonwealth by said com.
any Shall be paid in lawful money of the United States.

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