Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-02-20
NORFOLK RI ). /. BERKELEY B. I
The Bill Granting Bridge Charter
Will be Considered Tonight.
'mportant Meeting 20 DO IA old a, tho
Room. OF .ho nonrd OF Trndo ana
nusiness Hem. Tex,
ftho Biz.

A meeting Of the Board Of Directors
will be held tonight at z o'clock at the
rooms of the Board OF Trade and Bust
ness Mems Association to consider the
application by the Norfolk and Berls-
ley Bridge Company, now before the
Virginia Legislature, for q franchise
to construct and maintain a bridge
from Norfolk to Berkeley.
TEXT OF THE BILL.
AS the matter is one of great i'm
portance and should be thoroughly I'M
derstood by the general public, The
Virginian-Pilot herewith publishes the
full text OF the bill, which is as fol-
lows:
1. BE it enacted by the General AS
sembly of Virginia, That Alvah II.
Martin, Richard b. Tunstall, c. Brooks
Johnston, j. p. Andre AIottu. Walter
IL. Doyle, w. c. Shelton and Robert b.
Cooke, and such persons as are now or
may hereafter be associated with them,
their successors and assigns, be, and
they are hereby, created. constituted
and declared q body. polite and cor
porate, by the name of the Norfolk
and Berkeley Bridge Company, and by
that name shall have perpetual sue
cession and a common seal, which 1t
may alter or amend at its pleasure,
and may sue and be sued, implead and
be imDleaded contract and be con-
tracted with, purchase, hold and grant
estates, real and personal, and make
ordinances, bylaws, and regulations
consistent with the laws OF this State
and of the United States, for the gov
eminent of all under it's authority, for
the management of its estates and the
due and orderly conducting of its af-
fairs. and generally may do every act
and thing necessary and proper to car
~ this act into effect and promote the
objects of the corporation.
2. The capital stock of said company
shall not be less than one hundred
thousand dollars (S10o,OO0), nor more
than five hundred thousand dollars
(S500,000), and shall be divided into
shares Of one hundred dollars (s1O0)
each. Any three OF the above-named
incorporators, to be elected by ma
jority of the incorDora tors named in
this act, are hereby created a commits
sion, and are authorized to receive sub
scriptions to the capital stock of said
company at such time and place as
they may appoint, and with or without
notice. and, IL with notice then on such
notice MS they may deem best and as
soon as the minimum amount of the
capital stock above named shall have
been subscribed, they may at any time
thereafter, and upon such notice as
they may deem proper. call meeting
of the subscribers, which may organ
lie the company. From time to time
the capital stock may be increased by
action of the Board of Directors until
the maximum amount above named
shall have been issued, and the Board
CT Directors may sell or dispose of such
stock upon such terms and at such
price or prices as they may deem
proper. The Board of Directors may
receive money. labor, services. rights,
options. materials. bonds or stock of
other companies. or any other real or
personal property in payment of any
subscriptions to the capital stock of
said company, and at such price or
prices and upon such terms as may be
agreed unon between the directors and
subscribers making payment in such
way. and there shall be no individual
liability on the part of the holders or
takers of such stock in reference to
when the said stock shall have been
issued or declared by the Board of
Directors as fully paid.
g. The said company shall be. and Is
hereby authorized to construct. main
tain and operate over and across the
Elizabeth river from some point in the