This historic book may have numerous typos and missing text.
Purchasers can download a free scanned copy of the original book
(without typos) from the publisher. Not indexed. Not illustrated.
1873. Excerpt: ... the passage of this act, by vote of a majority
in interest of the stockholders present and voting at such
meetings, agree to unite and consolidate their respective
corporations upon such terms as may be mutually agreed upon,
subject to the provisions of this act; and such vote so passed by
said corporations respectively, shall be effectual to unite and
consolidate said corporations within the intent and meaning of this
act. And said consolidated corporation shall have ill the powers
and privileges, and be subject to all the duties and liabilities
set forth in chapter sixty-three of the General Statutes, and in
all general laws that now are or may hereafter be in force relating
to railroad corporations. Sect. 2. If any such consolidation takes
place as is provided in this act, the corporation so formed shall
have, hold, possess and enjoy all the powers, privileges, rights,
franchises, property, claims, demands and estates, which at the
time of such union may be held and enjoyed by either of said
existing corporations, and be subject to all the duties,
restrictions, obligations, debts and liabilities to which, at the
time of the union, either is subject in severalty; and a11 suits at
law or in equity, and all proceedings before any tribunal which may
be pending, to which either corporation shall be a party, may be
prosecuted and defended by the company hereby authorized, in the
same name, in like manner and with the same effect as might have
been done had such union not been formed. All claims, contracts,
rights and causes of action, of or against either corporation, st
law or in equity, may be enforced by suit or action, to be
commenced and prosecuted by or against the corporation formed as
aforesaid. And the said existing corporations shall continue
General Books LLC
|Country of origin:
Massachusetts General Railroads
||246 x 189 x 13mm (L x W x T)
||Paperback - Trade
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