The Daily state journal. [volume] (Alexandria, Va.) 1868-1874, 1873-01-06

flee of the company is located and if an,
residue of money arising from such sal
shall remain after paying the amount du
on said stock, the same shall, on demand
be paid over to the owner. If the who'll
of said installment be not paid by sucl
sale, the remainder shall be recoverable b,
ain action of debt against the subscriber, O
assignee or transfSge. be
Sec. 0. Whe iesor any railroad com
pany incorporated under the provisions o
this act shall, in the opinion O? the dirac
tors thereof, require an increased amour
of capital stock, the directors of said cor
poration shall, if authorized by the stock
holders of such company in general meet
ing, file with the Secretary of the Common
wealth a certificate setting forth the amoun'
OF such desired increase, and thereafter
such company shall be entitled to have
such increased capital as is fixed by sale
certificate.
SEC. 10. In case any company formcG
under this act shall be unable to agree fo-
the purchase of any real estate required for
the purposes of its incorporation, it shall
have the right TO acquire title to the same
in the manner prescribed in the Code OF
Virginia, title II, chapter Sc and it shall
be the duty ofthe commissioners appointed.
as therein prescribed, to estimate fully ana
fairly all benefits and injuries, advantages
and disadvantages, to be received or sui.
fered by the owner of any property r.
quired for the uses of the company, and
make award accordingly.
SEC. IL. Whenever any railroad COM
pany, Incorporated under the provisions of
this act, shall find it necessary for the pur-
pose of avoiding annoyances to public
travel, or dangerous or difficult curves or
grades, or unsafe or unsubstantial grounds
or foundations, or for other reasonable
cause, to change the location or grade of
any portion Of their road, such railroad
companies shall be, and are hereby, author
lied to make such changes of grade and
location, not departing from the general
route prescribed in the certificate of such
company ; and for the purpose of making
any such change in the location and grades
of any such road as aforesaid, such COM
pany shall have all the rights, powers and
privileges to enter upon, and take and APP
propriate such lands, and make surveys
necessary to effect such changes and grades,
upon the same terms, and be subj3ct to the
same obligations, rules and regulations as
are ~hereinoefore prescribed ; but no dam
age shall be allowed unless claimed within
thirty days after actual notice of such in
tended change shall be given to such own
or owners, if residing on the premises,
or sixty days. notice by publication in
newspaper in general circulation in
in the county, if nonresident.
Sec. u. If it shall be necessary, in the |
of any part Of any railroad, to oc-
cupy any road, street, alley, or public way
Or public ground of any kind, or any part
it shall be competent for the NUM-
or other corporation, or public officer,
public authorities owning or hav-
ing charge thereof and the railroad com
pany, to agree upon the manner and upon
The terms and conditions on which the same
may be used or occupied, subject to the
and restrictions prescribed in
Sc, Code of Virginia.
SEC. ID. Such corporation shall not de-
nand and receive per mile for the transport
5ation of passengers or property, more than
she maximum mileage rates allowed by the
Code of Virginia, edition of 1850, to be
for such transportation.
Sec. IA. Such company shall have
1ower to borrow money on the credit of
he corporation, upo such terms and con-
litions as may be agreed upon, and may
ssue bonds therefor, and to secure the pay
nent thereof, may pledge the property,
franchises and income of such company.
Sec. 10. Such company may acquire, by
purchase or gift any lands in the vicinity
If said.road, or through which the same may
,ass, so far as may be deemed convenient
n necessary by said company, to secure
he right of way, or such as my be granted
o aid in the construction of such road,
md the same to hold or convey in such
manner as the directors may prescribe !;
all deeds and c~onveyances made by
UGH company shall be signed by the Presi-
lent, under the seal OF the corporation ;
md any existing railroad corporation may
ccept the provisions of this act and after
UGH acceptance, all conflicting provisions
If their respective charters shall be null
nd void.
Sec. lG. 1t shall be lawful for such cor
,o~ration, whenever it may be necessary in
he construction of such road, to cross any
Dad or stream of water, to divert the
from its present location or bed but
corporation shall, without unnecessary
place such road or stream in such
condition as not to impair its former USE
and provided such corporation
hall be liable for damage caused by such
diversion of any stream.
Sec. IL. Such corporation shall, as soon
IS convenient after its organization, estab-
ish and maintain a principal office at some
)oint in the State of Virginia, and change
he anne at pleasure, giving public notice
n sone newspaper of such establishment
,r change.
SEC. is. Every company organized UNI
Ter this act shall be required to erect at
III points where their road shall cross any
public road, at a sufficient elevation from
such public road to admit of the free pass
age Of vehicles of every kind, a sign with
and distinct letters placed thereon
70 give notice of the proximity of the rail-
road, and warn persons of the necessity of
out for the locomotive and any
company neglecting or refusing TO erect
such sign, shall be liable in damages for all
occurring to persons or property
from such neglect or refusal.
SEC. 10. Every company organized and
incorporated under this act shall make
annual reports to the Board of Public
Works as shall be required by law.
Sec. 20. Whenever the lines of railroad
of any two or more railroad companies in
this State have been, or may be. so con-
structed as to admit of such roads beng
onunaotnd cunh oompon;oc ara barah,, ~