A Compiliation of the Statute Laws of the State of Tennessee; Of a General and Permanent Nature, Compiled on the Basis of the Code of Tennessee, with Notes and References, Including Acts of Session of 1870-'71. Supplement

A Compiliation of the Statute Laws of the State of Tennessee; Of a General and Permanent Nature, Compiled on the Basis of the Code of Tennessee, with Notes and References, Including Acts of Session of 1870-'71. Supplement

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1873 edition. Excerpt: ... be incorporated by the laws of this State, the said Railroad) Compang thus making the purchase being invested with authority over the road or 1'03 s, whether wholly or partially finished and equipped, their roperty and franchises bought as aforesaid, in as full and ample a manner as it? the road or roads thus purchased had constituted a part of the original roperty of the urchasing company, under its corporate organization and the legai) amendments thereto, the name and style of which purchasing company is thereafter to be used in all suits, contracts, and other business growing out of the urchase and consolidation as aforesaid; but no purchase, sale or conso idation undiar this Act shall interfere with, or divest any rights or liens held by any person or lD001 O1'8.tl0Il on or against any road so purchased, sold or consolidated as aforesaid. ct 1871, ch. 22, 1. 2. Suits and claims of old corporatiom In case the Railroad Oompany, whose corporate powers have been transferred by a sale as aforesaid, has rought suits in law or equity, or holds any claims or rights of action, excepted and reserved by the terms of said sale, the co oration may have a continuance sufficiently long for the purpose of collecting said) claims and paying to or dividing the same among the stockholders or the parties entitled thereto. b., 2. 8. Consolidated Company may issue bonds; reservation in favor 01' State. The company "making the purchase or pin'chases, .as aforesaid, shall have the power and authority to issue bonds for the purpose of finishing, equipping, paying for, or repairing said roads purchased as aforesaid; and for the payment of principal and interest of said bonds, the said roads, the road-bed, rolling stock, depots and...show more

Product details

  • Paperback
  • 189 x 246 x 6mm | 213g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236822943
  • 9781236822949