Indiana § 8-4-5-2 Common name; powers and duties; construction and maintenance

Indiana Statutes

§ 8-4-5-2 — Common name; powers and duties; construction and maintenance

Indiana § 8-4-5-2

Art. 4ORGANIZATION AND OPERATION OF

Ch. 5Consolidation of Railroad Companies

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Bluebook

Ind. Code § 8-4-5-2 (2026).

Text

It shall be the duty of said companies, upon the
adoption of such common name, to cause a copy of the resolution of
such boards to be recorded in the recorder's offices of the different
counties through which the road of said companies may run or be
located; and thereafter, during the term of such association, such
companies may have and use a common seal, contract and be
contracted with, sue and be sued by such adopted name, in any and all
matters relating to such union road; and shall have full power, by such
association, to locate, construct, keep up, change, repair, and operate
such union road as, by their respective charters and amendments to
such charters, they are allowed to do; provided, however, that nothing
in this chapter contained shall be construed to abridge such companies
of

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It shall be the duty of said companies, upon the
adoption of such common name, to cause a copy of the resolution of
such boards to be recorded in the recorder's offices of the different
counties through which the road of said companies may run or be
located; and thereafter, during the term of such association, such
companies may have and use a common seal, contract and be
contracted with, sue and be sued by such adopted name, in any and all
matters relating to such union road; and shall have full power, by such
association, to locate, construct, keep up, change, repair, and operate
such union road as, by their respective charters and amendments to
such charters, they are allowed to do; provided, however, that nothing
in this chapter contained shall be construed to abridge such companies
of any of the powers and franchises belonging to them by their
respective incorporation statutes and amendments to such statutes; and,
provided, further, that nothing contained in this chapter shall be
construed to prevent said companies from suing and being sued in their
original corporate names, for all rights accrued and for all liabilities
incurred before the adoption of such common name.
Formerly: Acts 1853, c.84, s.2. As amended by P.L.62-1984,
SEC.47.