Chap. 316.—An ACT to ratify and confirm judicial proceedings in partition
suits where parcels of real estate, in which infants had undivided inter-
ests, have been conveyed to corporation organized for the purpose of
acquiring such real estate in exchange for its capital stock. [H B 307]

Approved March 16, 1918.

1. Be it enacted by the general assembly of Virginia, That
in any judicial proceedings in partition suits where parcels of real
estate, in which infants had undivided interests, have been conveyed
to corporations organized for the purpose of acquiring such lands
in exchange for its capital stock, and the court, or the judge thereof
in vacation, has been satisfied from the evidence that it is to the
interest and advantage of the infants that their undivided interests
in such real estate be sold or exchanged for the capital stock of such
corporation at a valuation fixed and determined by the court, or
the Judge thereof in vacation, upon the evidence adduced; and such
real estate, including the undivided interests of infants therein, has
been conveyed to such corporation by or under decrees entered in
such judicial proceedings, in any such case the decision of the court,
or judge, directing the conveyance of the undivided interests of
infants in such real estate in consideration of the capital stock of
such corporation, be, and such decision is hereby, ratified and con-
firmed; and the conveyance, or conveyances, of such real estate to
such corporation, including the undivided interests of infants, be,
and they are hereby, ratified and confirmed and shall be construed
as vesting title to such parcel or parcels of real estate in such cor-
poration with like effect as if money had been paid therefor in cash;
provided that such judicial proceedings have in all other respects
conformed to the statutes for such cases made and provided and to
the practice heretofore obtaining in the courts of this Common-
wealth.

2. It appearing to the general assembly that some question has
been raised as to the validity of title passed by a deed made under
a decree of a court in this Commonwealth, where the capital stock
of a corporation was, by the decree of the court, made the con-
sideration for the interests of the infants, as well as the adults own-
ing land, and that such land is needed for the purposes of the
United States, an emergency is hereby declared to exist and this act
shall be in force from its passage.