Virginia free press & farmers' repository. [volume] (Charlestown, Va. [W. Va.]) 1827-1832, 1832-04-26
sketch or fIbe sss0sf fspsspOs.
fassf LAWS.
PAssEp AT TIE SESSIONS OF l3SI-S2.
fC.optinned1

tContinued.l
An act Incorporating the stoc khold-
ere Of the James river and Kanawha
company, authorizes books for sub
scriptiou 10 be opened at Richmond,
Lynchburg, Lexington, Psstonsburg,
Coving ton, Staunton, Fincsstle, Lew.
isbufg, Union, Charles,own, and
such other places as the commits
sioners may think proper, TO raise o
capital stock Of fise millions Of dollars,
in shares Of one hundred dollars each;
the state subscribes for ten thousand
shares, 20 be paid for by transfer of
her whole interest in the works and
property Of the present James river
company; no individual to be re-
gsrded as q SUBSCRIBER, unless he shall
pay into ore Of the State Banks in
Rio hmond, at least FIVE dollars to the
credit Of the company, and have fur
nished a certificate thereof TO the sc
cond auditor; if three. fifihs of the Eve
millions be not subscribed by individu-
ale, the amount paid 10 be refunded,
AID q report 10 be made Of the failure
to the next general assembly. When
the three fifths are subscribed by indi-
viduais, but the whole capital 10 not
made up, then the state subscribes for
the residue. Upen the subscription
aforesaid, the company 10 be iucOrpO-
rated and . general meeting 10 be
held in Richmond, 10 which meeting
the books Of subscription 10 be return
ed, and the certificates for the money
paid 10, 10 be transferred BY the second
auditor to the new company. A ma
jerity Of the stoe kholders, in person OF
by proxy, to constitute such meeting
stoe kheiders 10 be entitled 10 one vote
for each share IS far 80 ten, and one
vote for every Eve above ten. A stated
general meeting TO be held in Rich
mond on the second Monday in De
eember annually; officers 90 be q pre-
sident AID seven directors, 10 be an
npally elected, and such other agents
and officers - the company msy think
proper 70 appoint; their duties, salaries
and emoluments TO be regulated b.
their bylaws.
An set 10 amend the act entitled,
an set concerning The executive de
paFtment, under the smended eoassi
tuition, passed February The 9Th, 1881
--pFeseribes, that there shall be {
secretary 20 the commonwealth, 81
clerk Of the executive, 10 be appointed
by the governor, 10 be keeper Of th'
seals Of state, whose duty u shall b
to keep = record &c the executive sets,
and fie and preserve ali papers be
longing 10, and performs ell the eleTiea
duties Of thst department, rendering
TO the governor, IN the despatch Of eK
ecative business.- such services As b.
may require. tie is also 90 be ibFari
az 10 the state. lie IL empowered 4
appoint an assistant clerk and eopyial
when the business requires a.; theeom
Pensalion 10 the latter not 10 exceel
two hsndred dollars His own salsr,
10 be the same 80 now allowed a.
clerk Of the soupcil, end libgagian
> end the assistant clerk Is be the san
as nov allowed that ofieur Of the eouE
Gil. The council Of state 10 have
, clerk also. 10 be allowed Eve hsndss
dsiisFa per year. The rooms IN a
/. cspitei heret0foFs used By the eEees
tive eosneii, 70 Be appropriated 70 d
use Of The governor aud eouseii