Indiana Statutes

§ 8-4-1-35 — Stockholders; personal liability for labor

Indiana·Art. 4 ORGANIZATION AND OPERATION OF·Ch. 1 Incorporation of Railroad Companies
The stockholders shall be individually liable to laborers, their executors, administrators and assigns for all labor done in the construction of said road and shall remain unpaid after the assets of the corporation shall have been exhausted. Formerly: Acts 1852, 1RS, c.83, s.38; Acts 1865(ss), c.25, s.1.

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