§ 8-3-3-1 — Freight and passenger service

The corporate power of street and interurban
railroad corporations and steam railroad corporations, organized under
the laws of this state, is hereby extended and shall be construed to
include the power to acquire, own and operate motor vehicles along
and over the streets and highways of the state for the transportation for
hire of passengers and freight, either directly or through a subsidiary
company or companies, subject to all provisions of law concerning
permits, licenses and regulation of such form of transportation for
motor vehicles.
Formerly: Acts 1925, c.122, s.1.