Acts of the General Assembly of Virginia forming Little Kanawha Mining and Manufacturing Company

Acts of the General Assembly of Virginia

Passed in 1852,
Seventy - Sixth Year of the Commonwealth.
Chap. 328. - An ACT to incorporate the Little Kanawha mining and manufacturing company.
[Passed April 20, 1852.]
  1. Be it enacted by the general assembly of Virginia, That Abraham Moore, George W. Weston, William P. Rathbone and Josias M. Steed, and such other persons as may hereafter be associated with them, are hereby incorporated and made a body politic and corporate under the name and style of “The Little Kanawha Mining and Manufacturing Company,” for the purpose of exploring, mining, raising and transporting coal and other mineral substances on and from any lands which they may purchase and hold on and near to the Little Kanawha river and its tributaries, and manufacturing and transporting salt, iron and other mineral and vegetable articles on and from their said lands.
  2. The capital stock of the said company shall not be less than fifty thousand dollars nor more than five hundred thousand dollars, to be divided into shares of fifty dollars each; and the said company shall have the right to purchase and hold not exceeding at any one time ten thousand acres of land on or near the said Little Kanawha river or any of its tributaries.
  3. The said company shall be and is hereby invested with all the rights, privileges and powers conferred on bodies politic and corporate by the fifty-sixth, fifty-seventh and sixty-first chapters of the Code of Virginia, and shall be subject to all the rules, regulations and restrictions prescribed by said chapters, so far as they are applicable to and not inconsistent with the powers and privileges herein contained and granted.
  4. This act shall be in force from its passage, and shall be subject to any amendment, alteration or modification, at the pleasure of the general assembly.