Railroad Laws of the State of New York, from 1850 to 1871, InclusiveWeed, Parsons, 1871 - 103 pages |
From inside the book
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Page 3
... amount of the capital stock of the company , which shall not be less than ten thou- sand dollars for every mile of road constructed , or proposed to be constructed , and the number of shares of which said capital stock shall consist ...
... amount of the capital stock of the company , which shall not be less than ten thou- sand dollars for every mile of road constructed , or proposed to be constructed , and the number of shares of which said capital stock shall consist ...
Page 4
... amount of stock required by this section has been in good faith subscribed , and ten per cent paid in cash thereon as aforesaid , and that it is intended . in good faith to construct or to maintain and operate the road men- tioned in ...
... amount of stock required by this section has been in good faith subscribed , and ten per cent paid in cash thereon as aforesaid , and that it is intended . in good faith to construct or to maintain and operate the road men- tioned in ...
Page 5
... amount of all its stockholders , increase its capital stock from time to time , to any amount required for the purposes aforesaid . Such increase must be sanctioned by a vote in person , or by proxy , of two - thirds in amount of all ...
... amount of all its stockholders , increase its capital stock from time to time , to any amount required for the purposes aforesaid . Such increase must be sanctioned by a vote in person , or by proxy , of two - thirds in amount of all ...
Page 6
... amount sanctioned by a vote of two - thirds in amount of all the stockholders of the company as aforesaid . § 10. Each stockholder of any company formed under this act , shall be individually liable to the creditors of such company , to ...
... amount sanctioned by a vote of two - thirds in amount of all the stockholders of the company as aforesaid . § 10. Each stockholder of any company formed under this act , shall be individually liable to the creditors of such company , to ...
Page 10
... amount of such compensation they shall not make an allowance or deduction on account of any real or supposed benefits which the parties in interest may derive from the construction of the proposed railroad . They , or a majority of them ...
... amount of such compensation they shall not make an allowance or deduction on account of any real or supposed benefits which the parties in interest may derive from the construction of the proposed railroad . They , or a majority of them ...
Other editions - View all
Railroad Laws of the State of New York, from 1850 to 1871, Inclusive New York (State) No preview available - 2019 |
Railroad Laws of the State of New York, from 1850 to 1871, Inclusive New York (State) No preview available - 2019 |
Common terms and phrases
act entitled act in relation act of consolidation act shall take ACT to amend act to authorize aforesaid amend an act apply appointed April 17 April 20 articles of association assessment roll authorize the formation capital stock cars cent Chap chapter nine hundred city or village commissioners common seal construction of railroads county judge county treasurer directors duty eighteen hundred enact as follows engineer entitled An act filed formation of railroad freight hereby amended Hudson River hundred and fifty hundred and seven hundred and sixty-nine laborer lands laws of eighteen liable manner notice paid parties passed April second passengers payable person petition proceedings railroad company railroad corporations read as follows real estate regulate represented in Senate road route Senate and Assembly steamboat stockholders subscribed take effect immediately tax list tax payers taxable property thereof thereto three-fifths being present tion village or city York York Central Railroad
Popular passages
Page 16 - ... and the directors of the company may confer on any holder of any bond issued for money borrowed as aforesaid, the right to convert the principal due or owing thereon, into stock of said company, at any time not exceeding ten years from the date of the bond, under such regulations as the directors may see fit to adopt.
Page 81 - AN ACT to amend an act entitled "An act to amend chapter nine hundred and seven of the laws of eighteen hundred and sixtynine, entitled ' An act to amend an act entitled an act to authorize the formation of railroad corporations, and to regulate the same...
Page 78 - That any person violating any of the provisions of this Act shall, upon conviction thereof, be deemed guilty of a misdemeanor, and shall be punished by a fine not exceeding twenty-five dollars.
Page 6 - No person holding stock in any such company, as executor, administrator, guardian or trustee, and no person holding such stock as collateral security, shall be personally subject to any liability as stockholder of such company ; but the person pledging such stock shall be considered as holding the same, and shall be liable as a stockholder accordingly ; and the estates and funds in the hands of such executor, administrator, guardian or trustee, shall be liable in like manner, and to the same extent...
Page 15 - ... to its former state, or to such state as not unnecessarily to have impaired its usefulness.
Page 23 - ... go to the informer, and the other half to the county ; and said corporation shall also be liable for all damages which shall be sustained by any person by reason of such neglect...
Page 53 - If any corporation formed under this act shall not, within five years after its articles of association are filed and recorded in the office of the Secretary of State, begin the construction of its road, and expend thereon ten per cent on the amount of its capital, or shall not finish its road and put it in operation in seven years from the time of filing its articles of association as aforesaid, its corporate existence and powers shall cease.
Page 59 - ... shall be liable to a penalty of two hundred and fifty dollars, which shall accrue to the United States and may be recovered in a civil action brought by the United States.
Page 5 - The stock of such company shall be deemed personal estate, and shall be transferable in such manner as shall be prescribed by the by-laws of the company ; but no shares shall be transferable until all previous calls thereon shall have been fully paid in, or shall have been declared forfeited for the non-payment of calls thereon.
Page 6 - ... but the person pledging such stock shall be considered as holding the same, and shall be liable as a stockholder accordingly, and the estates and funds in the hands of such executor, administrator, guardian, or trustee shall be liable, in like manner and to the same extent, as the testator or intestate, or the ward or person interested in such fund, would have been if he had been living and competent to act, and held the stock in his own name.