Chap. 797.—An ACT to anthorize the issuing of stock of the Portsmouth street
railway company in shares of the par value of $100 each,
Approved March 8, 1898,
1. Be it enacted by the general assembly of Virginia, That, with the
consent of a majority in interest of the stockholders of the Portsmouth
street railway company, the par value of the shares of the stock of said
company shall be changed from twenty-five dollars per share to one
hundred dollars per share: provided that the amount of the capital stock
shall not be increased by the said change, but that each share of the par
value of one hundred dollars shall be issued in place of four shares of
the par value of twenty-five dollars each, and that the change shall not
affect the relative rights of stockholders.
2. This act shall be in force from its passage.