Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1864-04-08
AN ACT
TO pyoviide for tie Purchase end Disfsi;
button among the People 9th State,
# Cotton, Cotton Kurns, Cotton
Cloths and Hand Cards.
assca March 9, 1861

BE it enacted by the general assem-
bly,, that the governor is hereby auth rrzel
aud required to establish state agency in
the city of Richmond, for the pur2ose Of
purchasing for, and selling to the people of
this state, raw cotton, cotton yarns, cotton
eloths, cotton and wooden cards; aid to
this end. lie shall APPOINT an agent, to be
known by the name and style OF Ike Con-
liercial Agent Of Virginia, who shall, be-
fore onteripg. Upon the ei51harga Of tie du-
tics of his office, execute bond, with suffi
Cert aureties, before the governor, to be
approved by him, in the penalty Of three
Eundred thousand dollars, conditioned for
the faithful discharge Of his duties under
this or any future act. In case such agent
shall fail to execute said bond, as required.
or if from any cause vacancy may occur,
another shah be appointed by TIE governor.
subject to the same terms and conditions.
And whenever such agent snail become IN
terested, directly or indirectly, 10 the pur
chase and sale Of raw cotton, cotton yarns,
cotton cloths, cotton and wooden cards, Or
either Of such articles Els Office shalt be de-
cla.ed vacant and he may moreover at
any time be REMOVED By the governor.
z. Such agent, with the approval Of the
governor is authorized to select and rent a
suitable building or buildings in the city of
Richmond, for state storehouse, and to
employ one or more clerks aud such labor
ors as may be necessary to aid and assist
him in the discharge Of bis duties under this
act.
8. Tie governor is hereby authorized
and required to make acquisitions upon the
president and directors es the several incor-
poratcd cotton factories within this com
nlonwealth, and the owners or lessees Of
such as are not incorporated, to manufac-
ture raw cotton, to be furnished By the
| state agent, into cotton yarns, from mum
bers four to twelve, both numbers inclusive.
or cotton cloth, plain and unbleached. The
gross amount ofsuch acquisitions shall be
apportioned among the sewers! factories re-
ferred to, according to their respective ca
pacities to produce such yarns and cloths.
The compensation of each Of such factories,
for the yarns and cloths SO manufactured on
state account, shall not exceed the price
paid for the manufacture of similar goods
/ be the confederate government, deductlng
Etherefrom the cost of the raw material fur-
nished by the state. But the proceeds and
labor Of said factories shall not be required
| for the use of the state, SO as to interfere
with or impede the operations of the same
for the confederate government.
T. If any such cotton factory shall fail
or refuse to comply with the requisition Of
the governor, or the provisions Of this act,
such company shall be deemed guilty Of a
misasmeanor, and shall forfeit to the state,
for each offence, the sum of FIVE thousand
dollars, to be recovered by motion in the
circuit court Of the city of Richmond, and
paid into the public treasury; and it shall
be the duty Of the governor to inform the
auditor of public accounts Of every viola
ltion Of this act, who shall forthwith pro