Chap. 576.—An ACT to incorporate the Merchants and Truckers Ferry Company,
of Norfolk, Virginia.

Approved April 2, 1902.

1. Be it enacted by the general assembly of Virginia, That J. A. C.
(ironer, H. L. Page, D. Lawrence Groner, William H. Taylor, and A. E.
Krise, of the city of Norfolk, Virginia, and F. B. Dancy, of the city of
Atlanta, Georgia, and their associates, successors, and assigns, be, and
are hereby, incorporated into a body corporate and politic by the name of
the Merchants and Truckers Ferry Company for the purpose and with
the power of owning, equipping, leasing, chartering, and running one or
more yachts or boats or barges or other river craft propelled by naphtha,
gasoline, electricity, or steam for the transportation of passengers and
freight on the Elizabeth river and its branches and tnbutaries, or else-
where in the harbor of Norfolk, and between any or all of the following
points: Pinner’s Point, Port Norfolk, West Norfolk, and Lambert's
Point, in the county of Norfolk and the city of Norfolk, and any or all
points on the Elizabeth river, and on cither side thereof, and on the
branches or tributaries thereof: provided, however, that the said Mer-
chants and Truckers Ferry Company shall in no wise compete or conflict
with the operation of and service now rendered by the Norfolk county
ferries, nor run anv boats between the cities of Norfolk and Portsmouth,
or the town of Berkley, and either of said cities, as now constituted.

2. The capital stock of the said company shall not be less than five
thousand dollars nor more than twenty-five thousand dollars. The above
named corporators, or any three of them, are hereby created a commis-
sion, and authorized, either in person or by agent, to open books and re-
celve subscriptions to the capital stock of the said ferry company.

3. The said company shall acquire, by purchase or otherwise, except by
condemnation, and hold real estate, not to exceed ten acres at each land-
ing place, and may mortgage and encumber, by deed of trust or other-
wise, and dispose of any or all of its real estate, wharves, docks, boats,
and other property, privileges, and franchises, including its right to be
a corporation, and may lease or sell to any other company or individ-
ual, or individuals, any or all of its rights, privileges, or franchises which
may be granted herein, and may issue bonds, to be secured upon its real
estate and any other property and effects, to secure any indebtedness
which it may lawfully contract under the laws of this Commonwealth,
and may consolidate with any other corporation.

4. The said company may construct, own, equip, operate, and run a
ferry from any of the above mentioned points to any or all of the others,
subject to the restrictions of section one of this act; may rent or lease
boats and other equipments and terminals necessary for the operation of
a ferry or ferries between said points, and may charge and collect tolls
for the transportation of passengers and freight.

5. The said company shall have the right to condemn so much real
estate as may be necessary for its terminals at any or all points of Jand-
ing under the general law of the State of Virginia governing transporta-
tion companies.

6. All taxes due or to become due to the Commonwealth of Virginia
shall be paid in lawful money of the United States, and not in coupons.
7. All acts or parts of acts in conflict herewith are hereby repealed.

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