Chap. 289.—An ACT to authorize the board of directors of the Tazewell coal and
iron company to reduce its capital stuck.

Approved, February 9, 1898.

1. Be it enacted by the general assembly of Virginia, That the
board of directors of the Tazewell coal and iron company be, and are
hereby, authorized and empowered to call in, cancel and reduce the eap-
ital stock of the Tazewell coal and iron company, but said cancellation
or reduction shall not exceed fifty per centum of its present stock, or to an
amount less than the minimum amount of capital stock fixed by the
charter of said company, and any cancellation of stock of said company
under this act shall not affect the right of any now existing creditor of
suid company.

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