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 | 1893/1894 |
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Law Number | 488 |
Subjects |
Law Body
Chap. 488.—An ACT to amend and re-enact sections 1 and 4 of an act to incor-
porate the Blue Ridge railway company, approved February 15, 1892, as
amended and re-enacted by an act approved January 23, 1894.
Approved March 1, 1894.
1. Be it enacted by the general assembly of Virginia, That sec-
tions one and four of an act to incorporate the Blue Ridge railway
company, approved February fifteenth, eighteen hundred and ninety-
two, as amended and re-enacted by an act approved January twenty-
third, eighteen hundred and ninety-four, be amended and re-enacted
so as to read as follows:
§ 1. Be it enacted by the general assembly of Virginia, That Wil-
liam Smythe, O. H. Dolph, Winfield Scott, J. W. Williams, J. B.
Hawley, W. T. James, S. Scott and B. G. Howard, or such of them as
may accept the provisions of this act, and such other persons and
corporations as they may associate with them, and their successors
and assigns, shall be, and they are hereby, constituted and ordained
a body corporate and politic by the name of Blue Ridge railway
company ; shall have all the powers, rights, privileges and fran-
chises convenient or necessary to locate, construct, maintain, equip
and operate a railroad to be known as the Blue Ridge railway oom-
pany. It may be narrow or standard gauge, operated by steam or
electricity, from some point on the Norfolk and Western railroad
from the city of Roanoke to Radford, and such route as deemed suit-
able by the board of directors of said company through Roanoke,
Montgomery, Floyd and Carroll counties, or either Roanoke or Mont-
gomery county, through Floyd county to Jacksonville; thence west-
ward to Hillsville, in Carroll county; thence westward to Indepen-
dence, Grayson county. The road may run along, parallel, across
and upon state roads and turnpikes if they deem it proper in said
counties, by and with the consent of the county judge of the county
or the board of supervisors of the county over the county roads in
their county, and by the name of the Blue Ridge railway company
shall be known 1n law.
§ 4. That any county, town or city along the line of said railroad,
or any county, town or city adjacent to another county through
which the line passes, or any county, town or city benefited by said
railroad, may subscribe to the capital stock of said Blue Ridge rail-
way company an amount not to exceed two hundred thousand dol-
lars. Notwithstanding it will require more than one-fifth of the
capital stock, and it will require an imposition of an annual tax in
excess of twenty cents on the one hundred dollars, as provided in
the code of eighteen hundred and eighty-seven, section twelve hun-
dred and forty-three, the aforesaid section twelve hundred and forty-
three of the code, as to the amount of capital stock subscribed and
the limitation of annual tax of twenty cents on the one hundred
dollars, shall not be applicable to any election held under this act,
or bond issued for stock under this act. The principal of said bonds
shall be payable by said county or town in a period not later than
forty years from date of same, and the interest thereof shall be six
per centum, shall be payable annually, and there shall be attached
to the said bonds coupons for the interest aforesaid, which shall be
receivable at the office of the treasurer of said county, city or town
in payment of all county, city and town taxes and levies due said
county, city or town by the bearer at and after maturity of the cou-
pons, respectively. The said corporation is hereby granted the au-
thority and power to cross the railroad of any other corporation at
grade or otherwise, not unnecessarily hindering or impeding the free
operation of such railroad. The said corporation shall have the
right and power to construct its railway upon and through any land
in the state of Virginia along the route indicated in section one, and
the right of way for said railway is hereby fixed, not exceeding fifty
feet on either side of the centre of the road-bed of said railway,
together with the right of eminent domain, and take timber, stone,
earth and material from any land adjoining said right of way, mak-
ing compensation for the same.
2. This act shall be in force from its passage.