Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1867-04-24

= IL
from the Piedmont and the other from the v T-
ley counties, on the line OF tne aIss ohoTteI
franchises and stock granted and transferIea 10
The sold OroD ce and Alexandria RAILROAD Coil-
nany By the contract, shall De orIei'oo, "!l9 =.
Vert t. the Manassas Gap company :lu !ts
stockholders on the failure o. tne sAl' nn,n1
and Alexandria Railroad Company l" eni.;pIs
w;th and nprform the conditions and stlpulatlons
of said contract; and, whereas, said petitoH: Sats
forth that it is necessary in order 10 Gt' fa'iLy
to said contract and to carry 1t lnlo ttieIi LA
an act of the Assembly, authorizing 1t 10 ~
tered into, shall be obtalnesT MO- 5n;n Pnii
to enable The said Orange and Ale&anutIa IttLt
road Company TO obtain the money TO colhp 10
and equip lhe said Manassas Cap kailroau,
should be authorized BY law to borro" sum
not exceeding two million dollars 10 !sSUG t!lb
bonds OF said company, ana 10 ilot mo-, a1o p
Gap road, to secure the payment OF s1'u lonn
| and it is deemed expedient by the saii GenetSl
| assembly that the prayer OF the pettliote' W.
| granted now, therefore,
| l. Be it enacted, That the said companies oe,
and they are hereby authorized and empowered
to enter into IL contract containing substaut ALLY
the provisions set forth, and with the conditions
| and restrictions above rected.
9 That when the proposed agreement b"t%ec"
| the two companies IS effected and conrmeu "
|
franchises Except The right given The Manassas
Gap Railroad Company. By the Ct assembly,
passed February sec md, Gig h.een hundred ana
| s!Xtyslx, 10 construct railroad between Str;S-
| burg and Ninche<terJ the road, and all the
property and rights Of the MNuNsSit: Gap R;tll-
road Company, DC transferred 10, ard the title
to the same, be vested in. the said Grunge &nd
| Alexnrldria Rullroad Company.
| 3 That when the transfer Ui charter Is deter
mined upon by tie respective companies, the
| Orange and Alexandria Fail; Dad may assume
ind be known by the n@mo Of the Orange, Alex
andra and Manassas Railroad Company.
That TO: the purpose Of rebuilding ana
| tQuipping the line from Manassas Junction TO
HarriSonburg, the Orange, Alexandria and MI
nas$as Company S ball have power to lncrG"3e
| the capital stock Of the company by one million
dollars, and To issue it3 stock for the sane, ana
shalt have authority to borro" two million dol.
lars, issue the bonds and mortgage the lines Of
the Orange, A!exnndria and Msnassa2 Railroad
for the pay Tcnt o. the loan provided branch
| from some suitable point on said railroad to
New Market, in IN randoah county, may be
made, provided the citizens Of sid town and Vi
cinity hall subscribe 10 the capital stock OF said
railroad the SUM of ten thousand dollars to be
applied to the construction Of said branch OF
said railroad.
5. The said company shall have the right
with The consent Of the Valley Railroad Com
puny, t. extend their road from Harrl5Hnburg
to the terminal point as fixed in it.: charter, and
| for this purpose shall have Ill the powers cor
| fcrrcd By tho Code and Laws Of Virginia. ana
may increase its capital stock nDL exceeding two
GliliUn dollars, u1d borrow Sch sums o! mon
| ey us may be necessary, and execute liens upon
| its property and revenue: to secure tie payment
OF the principal and interes thcreof; provided;
| however, SAID railroad shAiI not be extended
beyond the town Of Buchanan, in the county Of
| BOetourt.
t. This act snail be in force from its paasagc
| IN marian Ihn rcrort ri tilp President was