Indiana Statutes

§ 8-4-24-6 — Surrender or assignment of stock; acquisition of stock in reorganized company

Indiana § 8-4-24-6
JurisdictionIndiana
Art. 4ORGANIZATION AND OPERATION OF
Ch. 24Purchase and Sale of Defunct Railroads

This text of Indiana § 8-4-24-6 (Surrender or assignment of stock; acquisition of stock in reorganized company) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-4-24-6 (2026).

Text

In case of the sale of a railroad, or any part thereof, as in section 1 of this chapter mentioned, full power is hereby given to the corporate authorities of the several counties, cities, townships, and other municipal corporations holding stock in the company by which such railroad was owned, and to all persons holding such stock in a fiduciary capacity, to surrender or assign such stock, and to accept and receive such new stock in any corporation which, after such sale, may become the owners of said railroad or any part thereof, as may be apportioned or given in respect to the said first mentioned stock under any reorganization of the ownership of the said railroad. Formerly: Acts 1861, c.78, s.6. As amended by P.L.62-1984, SEC.77.

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Bluebook (online)
Indiana § 8-4-24-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-4-24-6.