Chap. 975.—An ACT to ratify, confirm, and amend the charter of the Norfolk
heat, light and power company.

Approved March 7, 1900.

Whereas the corporation court of the city of Norfolk, Virginia, did,
at its November term in the year eighteen hundred and ninety-nine,
grant a charter of incorporation to the Norfolk heat, light, and power
company, which was on the twenty-first day of November, eighteen
hundred and ninety-nine, duly lodged and recorded in the office of the
secretary of the commonwealth as follows:

Charter.

In the corporation court of the city of Norfolk, Virginia, November
terin, eighteen hundred and ninety-nine.

Upon the application of George M. Bunting, W. D. Pender, H. Bayard
Hodge, Harold P. Keen, James H. Dawes, L. E. Gaskins, and Theodore
N. Ramsev, made in accordance with the statutes in such cases. made
and provided by the foregoing certificate, which has been duly acknowl-
edved before a notary public as the law requires, this charter of in-
corporation is granted on the terms herein set out, and the said George
M. Bunting, W. D. Pender, H. Bayard Hodge, Harold P. Keen, James
H. Dawes, I. E. Gaskins, and Theodore N. Ramsey, and such others
as they may associate with them now or hereafter, are hereby created
a body politic and corporate, as follows:

First. The name of the company shall be the Norfolk heat, light,
and power company.

Second. The location of the principal office shall be in the city of
Norfolk, in the state of Virginia.

Third. The purposes for which the said company is formed are:

(a) To purchase and otherwise acquire real estate, the amount to
be held at any one time in the state of Virginia not to exeeed one thou-
sand acres.

(b) To construct, lease, purchase or acquire, operate and maintain
suitable works, machinery, and plants for the manufacture of electric-
ity, for the sale and distribution of the same, and to sell and distribute
the same for public and private illumination for heating and for power,
and for any other purposes which the same may be used for.

(c) To lay mains and erect poles for the use of its wires and con-
ducting its currents.

(d) To manufacture, purchase, or otherwise acquire, hold, own, mort-
gage, pledge, sell, lease, or let, assign and transfer, invest, trade, deal
in, and deal with goods, wares, merchandise, stocks, and bonds of other
corporations and other evidences of indebtedness, and property of
every class and description, and shall have the right to vote on all shares
of stock in other companies or corporations the same as an actual
person; also to collect dividends on stocks and interests on bonds the
same as an actual person.

(e) To have the right to borrow money in such amounts and at such
times as to it may seem expedient, and may also issue bonds and secure
the same by mortgage or other lien upon its property of every kind and
description and upon its franchises.

(f) To pay for labor, work, or material in stock or bonds as it may
deem expedient.

(g) To make and enter into contracts of every sort and kind with
any individual, firm, associate, corporation, private, public, or muni-
cipal.

Fourth. The capital stock of the said company shall be not less than
thirty thousand ($30,000) dollars, or more than three hundred thou-
sand ($300,000) dollars, divided into shares of the par value of one
hundred ($100) dollars each.

Fifth. The names of the officers who, for the first vear, are to manage
the affairs of the company are as follows: George M. Bunting, president,
Chester, Pennsylvania; W. D. Pender, vice-president, Norfolk, Vir-
ginia; H. Bayard Hodge, secretary, Philadelphia, Pennsylvania; Harold
P. Keen, treasurer, Philadelphia, Pennsylvania; James H. Dawes, gen-
eral manager, Philadelphia, Pennsylvania; and a board of directors to
consist of the above-named officers together with L. EK. Gaskins, of
Portsmouth, Virginia, and David Pender, Norfolk, Virginia.

Sixth. The chief business to be transacted by the said company is
as set forth in paragraph three.

Seventh. The company shall pay all taxes hereinafter assessed against
it in lawful money of the United States.

Whereas it is deemed desirable to have ratified, confirmed and
amended said charter, and to give the Norfolk heat, light, and power
company additional powers; therefore,

1. Be it enacted by the general assembly of Virginia, That the
said charter of the Norfolk heat, light, and power company be, and the
same is hereby, ratified and confirmed.

2. That the Norfolk heat, light, and power company may, with the
consent of the councils of the city of Norfolk or the board of supervisors
of the county of Norfolk, use the streets, highways, avenues, and pub-
lic parks and squares of said city and county for laving its pipes and
making connection therewith, or for erecting its poles or posts and
stringing wires thereon for conducting pipes or conduits thereunder
and placing their wires therein. |

3. The said company is hereby authorized and empowered, upon a
vote of the majority of the stockholders thereof, in meeting assembled,
to sell or lease, or consolidate and merge its privileges, properties, rights,
works, and franchises with those of any other corporation now char-
tered, or which may hereafter be chartered, for purposes the same or
similar to those for which this company is chartered, and in such man-
ner and upon such terms, and under its own name, or the name of
such other company, or any other name, as the stockholders of the
several companies so consolidating may agree upon. .

In the event of such consolidation the said company is hereby author-
ized to receive as a part of the terms thereof, and consideration for
such consolidation, so much of the stock and bonds of such consoli-
dated company as may be provided in the agreement of consolidation,
and may hold, use, or otherwise dispose of such stock and bonds as
it may deem proper. |

The consolidation and merger of such companies, and the organi-
zation of such consolidated company, shall be deemed and taken as
final and complete so soon as the agreement of such consolidating com-
panies, fixing the terms and conditions of such consolidation and or-
ganization, shall be lodged for record in the office of the clerk of the
corporation court of the city of Norfolk, and the said consolidated
company, under whatever name may be so agreed upon, shall therc-
upon be, and it hereby is, invested and clothed with all the rights,
powers, privileges, franchises, and properties of the other company
with which it may be so consolidated, as fully and completely as if
the same had been transferred by deed, including the power to issue
and use such an amount of its stock and bonds as may be necessary
to carry out the terms of such agreement of consolidation.

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