Chap. 291.—An ACT to amend and re-enact section 21 of chapter 5 of the
act concerning corporations which became a law May 21, 1903, with
reference to the voting of stock by fiduciaries. (S. B. 356.)

Approved March 25, 1914.

1. Be it enacted by the general assembly of Virginia, That
section twenty-one of chapter five of the act concerning corpora-
tions, which became a law on May twenty-first, nineteen hundred
and three, be amended and re-enacted so as to read as follows:

The right of any person holding stock in a representative or in
a fiduciary capacity to represent such stock at meeting of any corpo-
ration, and to vote thereon, shall be as provided by any agreement
heretofore or hereafter made between such person and the beneficial
owner concerning such stock, or the right to vote thereon; provided,
such agreement or a copy thereof shall have been furnished to the
corporation. In any case where stock is held by two or more per-
sons in a fiduciary capacity, and the right and method of voting
said stock at the meetings of the corporaton are not fixed by the in-
strument appointing said fiduciaries, or by agreement with the ben-
eficial owners of said stock, the right to vote said stock and the
manner of voting the same at such meetings shall be determined by
a majority of said fiduciaries, or, if they be equally divided as to
the right and manner of voting the same in any particular case, the
vote of said stock in such case shall be divided equally between the
fiduciaries.