1943.

FRANCIS THOMAS, ESQUIRE, GOVERNOR.

CHAP. 124

CHAPTER 124.

Passed Feb.
8, 1844.

An act to confirm an act of the General. Assembly of the
State of Virginia entitled "an act further to amend the
act incorporating the Chesapeake and Ohio Canal Com-
pany, passed January twentieth, eighteen hundred and
forty-four.

Preamble.

WHEREAS the General Assembly of Virginia, have here-
tofore at the December session of the said General Assem-
bly, which was begun in the year eighteen hundred and
forty-three, passed an act entitled, "an act further to amend
the act incorporating the Chesapeake and Ohio Canal
Company, " in the words and substance following to wit:

Time exten-
ded.

" Be it enacted by the General Assembly, That the time
limited and prescribed by the act entitled, an act incorporat-
ing the Chesapeake and Ohio Canal Company, " and the
amendments thereto, for completing the first or eastern sec-
tion of the Chesapeake and Ohio Canal, be and the same is
hereby enlarged and extended to the first day of July, eigh-
teen hundred and fifty-five, and that no rights, privileges or
advantages granted by law, shall be forfeited or lost, in
case the said eastern section shall be finished within the
time herein allowed, any thing in any act to the contrary
notwithstanding.

Authority to
extend branch

Be it further enacted, That the Chesapeake and Ohio
Canal Company, whenever it may deem it expedient, with-
out reference to the western section of the canal, and whe-
ther it shall be commenced or not, shall have power and
authority to extend a branch from the main canal, by slack
water navigation, with dams and locks or otherwise, to the
coal banks, at or above the month of Savage river, and in
regard thereto, shall have and enjoy all the rights and ad-
vantages provided by the act passed by the legislature of
Maryland, at its December session eighteen hundred and
twenty-six, entitled "an act to amend the act incorporating
the Chesapeake and Ohio Canal Company, " and assented
to by the legislature of Virginia, on the twenty-seventh
day of February eighteen hundred and twenty-seven.

Company may
borrow money

Be it further enacted. That the president and directors of
the Chesapeake and Ohio Canal Company, or a majority of
them assembled, shall have full power and authority to

Proviso.

borrow money, (provided the State of Virginia shall not be
bound beyond her interest in the stock of the company, )
from time to time, to carry into effect the objects autho-
rised by the charter of said company, to issue bonds or
other evidence of such loans, and to pledge the property
and revenues of the said company, for the payment of the
same, and the interest to accrue thereon, in such form and