Chap. 287.—An ACT to incorporate the Nansemond and Warwick ferry
company.

Approved February 11, 1896.

1. Be it enacted by the general assembly of Virginia, That W. J.
Davis, L. K. Hyslop, E. G., L. O., and H. A. Irving, their associates,
successors and assigns, be, and are hereby, incorporated a body poli-
tic and corporate by the name of the Nansemond and Warwick ferry
company, for the purpose and with the power of owning, equipping,
leasing, chartering and running one or more yachts or boats, pro-
pelled by naphtha, gasoline, electricity, or steam, for the transporta-
tion of passengers and freight on the James river and Hampton
roads from some point in Warwick county or Newport News to Pig’s
Point, or some other point in Nansemond county.

2. The capital stock of said company shall not be less than five
thousand dollars nor more than one hundred thousand dollars, divi-
ded into shares of one hundred dollars each. The above-named
corporators, or any four of them, are hereby created a commission
and authorized to receive subscriptions to the stock of said company
in such manner as they may deem expedient, and as soon as the
minimum capital has been subscribed may call a meeting of the
stockholders, who may organize the company. The capital stock
may be increased, from time to time, until the maximum sum named
in this act is reached.

3. The said company may construct, own, equip, operate and run
aferry to and from any of the above mentioned points to any of the
others at any and all times, and may rent, lease or purchase boats
and other equipments, and all other things necessary and incident
to operate and carry on a ferry as aforesaid, and acquire by lease,
rent, purchase, or under chapter forty-six of the code of Virginia,
eighteen hundred and eighty-seven, all necessary land for terminals,
not to exceed one acre of land at any one terminal, and may charge
and collect tolls for the transportation of passengers and freights.

4. The said company may mortgage and encumber, by deed of
trust or otherwise, and dispose of its real estate, wharves, docks,
boats and any other property, real or personal, privileges and fran-
chises, as they may deem necessary, and may issue bonds, to be se-
cured on its property and franchises.

5. The said company may make rules and regulations for the man-
agement, control and conduct of its business and property, not in-
consistent with the laws of this state and of the United States.

6. The ferry or ferries authorized to be constructed hereunder
shall be begun within two years from the passage of this act and
completed in five years thereafter.

7. All taxes due or to become due to the commonwealth of Vir-
ginia from the said company shall be paid in lawful money of the
United States.

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