An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1901/1902 |
---|---|
Law Number | 100 |
Subjects |
Law Body
Chap. 100.—An ACT to amend and re-enact sections 1, 8, and 11 of an act ap-
proved February 11, 1898, entitled an act to amend and re-enact an act entitled
an act to incorporate the Potomac River Railroad Company.
Approved March 4, 1902.
Whereas, the Potomac River Railroad Company, incorporated by the
act of the general assembly of Virginia, approved February twenty-
eighth, eighteen hundred and ninety-six, entitled “an act to incorporate
the Potomac River Railroad Company,” which was amended by an act
approved February eleventh, eighteen hundred and ninety-eight, en-
titled “an act to amend and re-enact an act to incorporate the Potomac
River Railroad Company,” commenced the construction of its works
within the time limited in its charter, but had found it necessary to
change the location of its line as described in its charter: therefore,
1. Be it enacted by the general assembly of Virginia, That section one
of an act approved February eleventh, eighteen hundred and ninety-eight,
entitled “an act to amend and re-enact an act entitled an act to incorpo-
rate the Potomac River Railroad Company,” be amended and re-enacted
so as to read as follows:
§ 1. Be it enacted by the general assembly of Virginia, That R. W.
Moore, B. F. Mackall, J. E. Willard, and D. S. Mackall, of Virginia, and
Herman Hoopes, Spencer Cosby, and Powell Evans, of Philadelphia, or
such of them as may accept the provisions of this act, their associates
and successors, are hereby constituted a body politic and corporate under
the name and style of the Potomac River Railroad Company, and by that
name shall be known in law, and shall have perpetual succession, and
have power to sue and be sued, plead and be impleaded, defend and be
defended in all courts, whether in law or in equity, and may make and
have a common seal, and alter and renew the same at pleasure, and shall
have, enjoy, and exercise all the rights, powers, and privileges pertaining
to corporate bodies and necessary for the purposes of this act, and may
make by-laws, rules, and regulations consistent with the existing laws of
the State of Virginia for the government of all under its authority, the
management of its estates and properties, and the due and orderly con-
duct of its affairs, with full power to locate, construct, equip, maintain,
and operate any tramway or railroad lines from a point at or near the
mouth of the Rappahannock river or the York river to a point in the
State line between Virginia and West Virginia, in or near Rockingham
county, and also branch lines not exceeding twenty miles in length, which
shall be determined upon by a vote of two-thirds of the stockholders of
said company: provided, that failure to construct any one of said lines
shall not affect this charter as applicable to the other lines or branches
constructed, but the same shall continue and be in force; and said company
may construct, equip, maintain, and operate such bridges, docks, freight,
storage, and transfer houses as the board of directors may deem neces-
sary: provided, however, and upon the express condition that their main
line, or any of the branches of said company, shall not parallel or com-
pete with the line of railway of the Richmond, Fredericksburg and Poto-
mac Railroad Company: and provided further, that said company shall
not interfere with the vested rights of any corporation now existing.
§ 8. The said company shall commence construction within two years
from February twenty-eighth, eighteen hundred and ninety-eight, and
complete construction of at least fifteen miles of track within five years
thereafter: provided, that if said company shall fail to complete and have
in operation fifteen miles of its railway within the time limited by this
section, the charter rights by this act granted are ipso facto vacated and
annulled, without proceedings by quo warranto or otherwise on the part
of the State.
§ 11. The principal and general offices of this company shall be located
in the State of Virginia.
2. This act shall be in force from its passage.