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 | 1914 |
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Law Number | 77 |
Subjects |
Law Body
Chap. 77.—An ACT to authorize the Warrenton and Fairfax Turnpike Com-
pany, Incorporated, to take possession of the turnpike leading from near
Warrenton to Fairfax courthouse, and prescribing the terms and limi-
tations of the same. (H. B. 338.)
Approved March 13, 1914.
1. Be it enacted by the general assembly of Virginia, That
the Warrenton and Fairfax Turnpike Company, incorporated, a
corporation incorporated by the corporation commission of the
State of Virginia, on the seventeenth day of February, nineteen.
hundred and fourteen, be, and it is, hereby authorized and em-
powered to take possession of the turnpike leading from Warren-
ton to Fairfax Courthouse, beginning at a point where said turn-
pike intersects the boundary lines of Fauquier and Prince William
counties, about one-half a mile west of Buckland, and running
thence along and over said turnpike to Gainesville; thence to Center-
ville; thence to the corporate limits of the town of Fairfax,—the said
turnpike having been abandoned as a turnpike, and being now used
as a county road; and to convert said abandoned turnpike or
county road into a modern and high-class turnpike.
2. And when said Warrenton and Fairfax Turnpike Company,
incorporated, shall have constructed said turnpike, or any section
of the five (5) miles thereof, and the same shall have been ac-
cepted as a turnpike in accordance with the statute law of the
State of Virginia, then the said Warrenton and Fairfax Turnpike
Company, incorporated, shall be, and is, hereby authorized to
charge toll on all of said turnpike, or such sections thereof as may
be accepted according to law; the said tolls not to be in excess of
those now prescribed, or that may hereafter be prescribed by law.
38. The construction of said turnpike shall be of a permanent.
and substantial character.
4. Whenever the counties of Fairfax or Prince William, either
jointly or separately, or the Commonwealth of Virginia, shall pay
to the stockholders of said Warrenton and Fairfax Turnpike Com-
pany, incorporated, the actual amount of money expended by
it, not in excess of the full par value of their stock, together with
the accrued interest at six (6) percentum, subject, however, to a
credit of any dividends that may be declared on said stock, and
subject further, to a credit for deterioration of the roadbed of
said turnpike, such deterioration to be assessed by the State high-
way commission, then the said turnpike constructed by the said
Warrenton and Fairfax Turnpike Company, incorporated, and all
rights of said company shall henceforth and forever pass to the
county or counties or the Commonwealth of Virginia, in and to
said turnpike.
5. No stock in said Warrenton and Fairfax Turnpike Com-
pany, incorporated, shall be sold for less than par, and all sub-
scriptions to the stock of the company shall be payable as said
board of directors and the statute law of the State of Virginia
prescribes.
6. Said turnpike shall be commenced within two (2) years from
the passage of this act, and completed within the time prescribed
by the law governing turnpike companies; and said turnpike
company shall at all times be under the control and supervision
of the State corporation commission for the purpose of enforcing
the provisions of this act.