The times. [volume] (Richmond, Va.) 1890-1903, 1894-01-18
THE TIMEs-RfCHMoNp VA THURSDAY JANUARY "a ,sa,

Voting bower as shall be provided In said
plan OF organization, and. from time TO
time. II pav Increase or decreave the
amount ~ any class or kind. or grade III
such stool, az shall be provided In said
plan OF reorganization. or with lne APP
proyal ~ a majority In amount of the
Stockholders given In writing, or at a
Meeting Of stockholders called Tor that
purpose. unless and except as otherwise
expressly proyIded In certificates lepr g.
senting stock previously issued. The
shares ~ each class OF stock shall be OF
such uar amount, and shall entitle the
holders n such vote. respectively. az
shall no determined in the aid plan of
reorganization. or by the stockholders in
like manner.
6. Such new corporation may borrow
money and issue bonds or other evidence
OF Indebtedness therefor, and may secure
the same by mortgage or deed Of trust
upon any or all Of its property and fran
chises, and such new corporation. from
time 10 time. may issue and sell its bonds
and its capital stock at such prices. and
on such terms. as shaH be specified I'm
said Man of organization. or as a ma
j0ritv In amount Of the stockholders shall
approve in writing or at a meeting. and
NAV recetve In payment therefor property.
socuritioe or shares in any corporation
mentioned IN this act. n any stock so
fssret sbau be deemed fully paid and
free from liability.
: Tho business, property, and concerns
OF said corporation shall he managed by
a Rood ~ Directors consisting OF not
leee than five members, and one Of their
rumber ehall be chosen as presl1 mt. The
stockroi1ors may adopt b. laws for The
government OF the stock, property. and
concerns of the corporation, aEd for the
ieouI,tin Of its directors, Cficers, end
aeente and iD and by such bs laws the
~stocLboldere may prescribe now such by
lavvs NAV be amended or REPEALED; TO
viiod however. that until such bylaws
s,au he adopted by the stockholders. the
said corporation shall be governed by
bv-laws adopted In accordance w"h the
plan OF organization.
:. The principal Office Of the Ct pany
shall be in the city of Richmond in this
state at which all meetings o. the stock
holders shall be held.
q - shall be lawful for the Circuit
Court Of the city OF Richmond upon The
n~etition of the President and Board OF
Directors. at any time to order a change
In tho name OF the company, but any
EIpl CHANGE u iitthlt '-Ahh F( -Nfc
prejudice to the rights OF any creditor, or
10 the exercise Of any OF the powers and
privIleges granted by this act.
10. There shall be paid to the clerk OF
the county or corporation in which any
mortgage authorized by this act may be
presented for recordation, the existing
rate of taxation for such recordation upon
the assessed value of the road-beds. de-
pots. station buildings and lots. and ma
chine shops, fixtures, and rolling STOCK,
and any real estate not included III said
enumeration. I'm the State OF VIRGINIA,
conveyed i'm such mortgage, and upon pre-
sentation to the clerk Of the county or
CORPORATION where IL is proposed to re-
cord said mortgage of "a certificate or
the Auditor Of the state Of the amount
of the assessed values Of the said prop
erty within the state OF Virginia, ana
upon the payment OF the tax thereon to
the said clerk. the said mortgage shall be
recorded without other charge than the
clerical fees provided in such cases. Ger
tilted copies Of such mortgage may be
recorded in any county OF Virginia IN
which property covered by such mortgage
may be located upon payment of clerical
fees.
II. This act shall be in force from its
passage.