Chap. 52.—An ACT to authorize railroad companies terminating on navigable
waters to guarantee bonds of companies building or owning steamboats or
vessels used or to be used in connection with the business of the railroad,
and to confirm all such guarantees heretofore made.

Approved January 22, 1894.

1. Be it enacted by the general assembly of Virginia, That any
railroad company created under the laws of or operated in the state
of Virginia, having a terminus on navigable waters, may, for the
purpore of procuring steamboat or vessel property to be employed in
connection with the business of said railroad, enter into contracts
with the company or companies building and owning such steam-
boat or steamboats or other vessel property, for guaranteeing the
payment of the principal and interest of bonds issued for the pur-
pose of paying for the purchase or building of the same, and all
guarantees of bonds for such purpose heretofore given by any such
railroad company are hereby validated and confirmed, with the same
effect as if made and entered into prior to the passage of this act.

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