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 | 1906 |
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Law Number | 239 |
Subjects |
Law Body
Chap. 239.—An ACT to amend and re-enact section 58 of an act entitle
act to put into effective operation the provisions of the Constituti«
lating to the creation, appointment, and organization of the ‘State co
tion commission,’ its jurisdiction, powers, functions, and duties; the
fications of the members and officers thereof, their appointment, and
ries; the location of its offices, and places and times of its public ses:
its writs, processes, orders, findings, and judgments: appeals fro
orders, findings, and judgments, and its expenses,” etc., approved
15, 1903.
Approved March 15, 1906.
1. Be it enacted by the general assembly of Virginia, That x
fifty-eight of an act entitled “an act to put into effective operatio
provisions of the Constitution relating to the creation, appointment
organization of the ‘State corporation commission,’ its jurisdiction,
ers, functions, and duties; the qualification of the members and ot
thereof, their appointment and salaries; the location of its offices
places and times of its public sessions; its writs, processes, orders,
ings, and judgments; appeal from its orders, findings, and judg
and its expenses, etc., approved April fifteenth, nineteen hundred
three, be amended and re-enacted so as to read as follows:
§58. “If the works of any internal improvement company be not
menced and be completed within the time prescribed by law, or |
charter, or if after such works be completed, the company abandon |
or for three successive years cease to use and fail to keep them in
repair, in each of these cases the State may proceed against such
pany by writ of quo warranto, or information in the nature of a w
quo warranto” in the circuit or corporation court having jurisdiction
the county or city in which the principal office in this State of sucl
poration is located.
Whenever there is a judgment of dissolution in such proceeding
corporation shall nevertheless be continued for such length of tir
may be necessary for the purpose of prosecuting and defending sui
and against it, and of enabling it to recover what it may be entitl
gradually to settle and close up its business, to dispose of its property
to divide its capital as may be provided by law in the case of othe
porations which may have expired or been dissolved, all of which
ceedings shall be under the supervision and subject to the control of
court rendering such judgment. The court may enter such order
may be proper to provide for the operation, under its supervision and |
trol, of such work of internal improvement until a sale is made.
When the works of any such internal improvement company are
and conveyed to the purchaser, in such proceedings as are herein prov
for, he shall forthwith be a corporation by any name which may be
forth in such conveyance, upon his complying with the provisions of
tion thirty-six of chapter five of an act entitled “an act concerning co
rations,” which became a law May twenty-first, nineteen hundred
three, and to the corporation thus created all the provisions of sec
thirteen of chapter two of the “act concerning public service cory
tions,” approved January eighteenth, nineteen hundred and four, an
other provisions of law relating to such corporations shall apply.
2. It being desirable, for the encouragement of railroad construc
of this State that this act should immediately take effect, an emerg
is hereby declared, and this act shall be in force from its passage.