Chap. 647.—An ACT to incorporate the Occoquan and Mount Vernon passen-
ger railway company.

Approved March 8, 1896.

1. Be it enacted by the general assembly of Virginia, That Tyson
Janney, John S. Powel, Ed. Abner, W. S. Lynn, Redman Selecman,
John Tanner, J. S. Wyckoff, their associates and their successors, be,
and they are hereby, incorporated and made a body politic and cor-
porate by the name and style of the Occoquan and Mount Vernon
electric railway company, by which name it shall have perpetual suc-
cession and a common seal, may sue and be sued, plead and be im-
pleaded, contract and be contracted with, and have and exercise all
the rights, powers and privileges, and be subject to all the duties
and obligations of corporations of a like character under the laws of
the state of Virginia.

2. The capital stock of the said corporation shall not be less than
twenty-five thousand dollars nor more than two hundred thousand
dollars, to be divided into shares of fifty dollars each.

3. When the minimum amount of its capital stock shall have been
subscribed, and the amount required by law shall have been: paid
upon euch subscription, the said corporation shall have power to con-
struct, operate and maintain a railway for the carriage of passengers
by care run by cable or electrical power from such point or points or
upon such street or r streets of the town of Occoquan as may be per-

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mitted by the council of said town, and by such route or routes in
and through the counties of Prince William and Fairfar, not exceed-
ing twelve miles from the corporation limits of the town of Occo-
quan, and may connect with the Alexandria and Mount Vernon rail-
way upon such conditions as may be agreed upon by the boards of
directors of the two companies; provided that the said company shall
not enter upon the lands of the Mount Vernon ladies’ association
without the consent of such association.

4. The officers of the said corporation shall be a president, secre-
tary, treasurer and five directors, who shall constitute a board for
the management of the business and affairs thereof, and who shall
be elected annually at such time as may be prescribed by the Jaws
of said corporation.

5. The corporators herein named are constituted commissioners to
receive subscriptions, and when the minimum amount of its capital
stock shall have been subscribed shall call a meeting of the stock-
holders for the election of the officers and directors, who shall man-
age the business affairs of the said corporation until an election is
held under the by-laws thereof.

6. The said corporation shall have power to borrow money on its
bonds or other evidences of debt at a rate of interest not exceeding
that allowed by law, and to secure the payment thereof by deed of
trust or mortgage upon its road and property, its franchises and in-
come, or any of them. .

7. The said corporation shall have power to acquire, hold and dis-
pose of, in addition to its roadway, so much land as may be neces-
sary for its purposes, not exceeding one hundred acres.

8. The work of construction shall begin within two years and be
completed within five years from the passage of this act.

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