The Resource Fredericksburg and Valley Plank Road Company records

Fredericksburg and Valley Plank Road Company records

Label
Fredericksburg and Valley Plank Road Company records, 1850-1862
Title
Fredericksburg and Valley Plank Road Company records
Inclusive dates
1850-1862
Creator
Contributor
Subject
Genre
Language
eng
Summary
These records contain letters sent, reports, lists of stockholders, and certificates of stock subscriptions
Note
Agency history record describes the history and functions of the Virginia Board of Public Works (search author as Virginia Board of Public Works)
Member of
Action
Accessioned
Biographical or historical data
An act of the General Assembly approved February 2, 1850 authorized formation of the Fredericksburg and Valley Plank Road Company as a corporation to construct a road from Fredericksburg in Spotsylvania County to the eastern base of the Blue Ridge in Greene County, on to Harrisonburg in Rockingham County. Capital stock subscriptions were set at $100,000, with the Board of Public Works authorized to subscribe to 3/5 or $60,000. They were to begin construction at Fredericksburg, with gates every five miles to collect tolls so long as the amount collected did not exceed 15% of the capital stock per year. Branches to Culpeper courthouse and any others were authorized, not to exceed ten miles in length, and $30,000 additional was approved for the branches. Sale of the Swift Run Gap Turnpike Company was authorized to the Company, and the Commonwealth would become a stockholder in the Company in an amount equal to that invested in the Swift Run Gap Turnpike Company. The city of Fredericksburg was authorized to subscribe as much as $3,000. Capital stock was increased by $50,000 in March, 1851, and by $74,000 in March, 1853, in order to construct a branch road to Culpeper Courthouse.
Cataloging source
VIC
Citation location within source
entry no. 260
Citation source
Board of Public Works inventory
Label
Fredericksburg and Valley Plank Road Company records
Note
These records are part of the Virginia Board of Public Works record group (RG#57)
http://library.link/vocab/branchCode
  • The Library of Virginia
Extent
.25
Governing access note
There are no restrictions
Immediate source of acquisition
No acquisition information available.
http://library.link/vocab/recordID
000485565
Type of unit
cu. ft.

Library Locations

    • Library of VirginiaBorrow it
      800 East Broad Street, Richmond, VA, 23219, US
      37.5415632 -77.4360805
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