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" 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... "
Charter of the Louisa Railroad Company: And the Several Other Acts of the ... - Page 13
by Louisa Railroad Company - 1849 - 49 pages
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The Statutes at Large of Virginia: From October Session 1792, to ..., Volume 3

Virginia - 1836 - 496 pages
...same is hereby vested in the said proprietors, their heirs and assigns forever, as tenants in common, in proportion to their respective shares, and the same shall be deemed real estate from the time the said road shall be compleated ; and that it shall and may be lawful for...
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Acts of the General Assembly of the State of Alabama

Alabama - 1854 - 546 pages
...and works, and property of every description belonging to said company, and all profits which, may accrue from the same shall be vested in the respective shareholders of said company in proportion to their respective shares. 8t«ok liable t« a SEC. 18. Be it furtfier...
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A New Chapter in the Early Life of Washington: In Connection with the ...

John Pickell - 1856 - 188 pages
...are hereby vested in the said proprietors, their heirs and assigns, forever, as tenants in common, in proportion to their respective shares ; and the same shall be deemed real estate, and be forever exempt from payment of any tax, imposition, or assessment whatsoever; and...
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A New Chapter in the Early Life of Washington: In Connection with the ...

John Pickell - 1856 - 186 pages
...are hereby vested in the said proprietors, their heirs and assigns, forever, as tenants in common, in proportion to their respective shares ; and the same shall be deemed real estate, and be forever exempt from payment of any tax, imposition, or assessment whatsoever ;...
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A New Chapter in the Early Life of Washington: In Connection with the ...

John Pickell - 1856 - 178 pages
...are hereby vested in the said proprietors, their heirs and assigns, forever, as tenants in common, in proportion to their respective shares ; and the same shall be deemed real estate, and be forever exempt from payment of any tax, imposition, or assessment whatsoever; and...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 10

United States. Congress. House - 1878 - 1034 pages
...same are hereby, vested in the said proprietors, their heirs and assigns forever, as tenants in common in proportion to their respective shares; and the same shall be deemed real estate, and be forever exempt from the payment of any tax, imposition, or assessment whatsoever;...
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Legal History of the Virginia Midland Railway Co., and of the Companies ...

Charles Minor Blackford - 1881 - 282 pages
...wagons, vehicles or carriages belonging to the Company, together with all their works and other property, and all profits which shall accrue from the same,...be exempt from any public charge or tax whatsoever; and the tolls of said Company shall be regulated and prescribed by the President and Directors of the...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 87

North Carolina. Supreme Court - 1882 - 690 pages
...transportation on such railroad, and all the works of said company constructed or property acquired, and all profits which shall accrue from the same, shall be vested in the respective stockholders forever, in proportion to their respective shares; and the same shall be exempt from any...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 89

North Carolina. Supreme Court - 1884 - 708 pages
...purchased as aforesaid with the funds of the company, and all their works constructed under the anthority of this act, and all profits which shall accrue from...and shall be exempt from any public charge or tax whatever." It is a very broad and sweeping exemption, and from the long acquiescence of the public...
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United States Supreme Court Reports, Volume 22

United States. Supreme Court - 1885 - 880 pages
...shall arise from the same, shall be vested in the shareholders in proportion to their shares, and that the same shall be deemed personal estate and shall...be exempt from any public charge or tax whatsoever for the period of five years from and after the passage of the Act, which period has long since elapsed....
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