§ 8-4-7-11 — Joint use of facilities and equipment

Indiana § 8-4-7-11

• Jurisdiction: Indiana
• Art. 4: ORGANIZATION AND OPERATION OF
• Ch. 7: Incorporation of Union Railway Companies

Text

Any such union railway company may, by
agreement in writing with any railroad company not being one of said
proprietary companies, and owning or operating a railroad which
extends to, into, through or near the town or city in or near which such
union railroad is or may be situated, admit said last-mentioned railroad
company to such use of the tracks, side-tracks, switches, depots, depot
grounds, yards, sheds and other structures or railroad facilities and
appliances (including the use of its belt railroad and belt railroad
facilities, if any) during such time, on such terms and conditions, and
for such compensation or rent as may be agreed upon. The right of any
associate company to continue in the use and enjoyment of the property
and facilities of the union company may be made to depend upon the
faithful performance of such terms and conditions by such associate
company as may be inserted in said agreement. The companies which
may be so admitted are herein designated as associate companies:
Provided, That no such associate company shall be admitted to the use
of the property and facilities of such union railway company except
upon the unanimous vote of the directors of such union company.
Formerly: Acts 1885, c.20, s.11.