Charter of the Louisa Railroad Company: And the Several Other Acts of the General Assembly Relating to the Same. Also, Form of a Power of Attorney to Vote at a Meeting of the Stock-holders (Google eBook)

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Colin, Baptist and Nowlan, 1849 - Virginia - 49 pages
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Page 52 - borrow such sums of money at a rate of interest not exceeding eight per cent, per annum as may be necessary, in addition to the funds arising from stock subscriptions for the completion of said road, and to execute a lien on its property and
Page 17 - not exceeding two shares; one vote for every two shares above two and not exceeding ten shares ; and one vote for every five shares above ten by him held at the time in the stock of the company: Provided
Page 17 - The president and directors shall cause to be written or printed, certificates for the shares of the stock in the said company, and shall deliver one such certificate, signed by the president and countersigned by the treasurer, to each person for the number of shares subscribed by him; which certificate shall be
Page 15 - The said president and directors, or a majority of them, shall have power to purchase with the funds of the said company, and place on the railroad constructed by them under this act, all machines, wagons, vehicles, carriages and teams of any description whatsoever, which they may deem necessary
Page 9 - Be it further enacted, That the said president and directors, or a majority of them, shall have power to borrow money for the objects of this act, to issue certificates or other evidence of such loans, and to make the same convertible into stock
Page 15 - authority of this act, and all profits which shall accrue from the same, shall be vested in the respective shareholders of the company forever, in proportion to their respective shares, and the same shall be deemed personal estate, and shall be exempt from any public charge or tax whatsoever.
Page 45 - millions of dollars, to be divided into shares of one hundred dollars each, and may make a part thereof preferred stock ; and may borrow such sums of money, at a rate of
Page 9 - if the capital stock of the company hereby incorporated, shall be found insufficient for the purposes of this act, it shall and may be lawful for the president and directors of said company, or a majority of them, from time to time, to increase the said capital stock
Page 6 - subscribed in manner aforesaid, the subscribers, their executors, administrators or assigns, shall be and they are hereby declared to be incorporated into a company, by the name and style of
Page 17 - In counting all votes of the said company, each member shall be allowed one vote for each share not exceeding two shares; one vote for every two shares above two and not exceeding ten shares

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