Indiana § 8-4-7-2 Capitalization; certificate of incorporation

Indiana Statutes

§ 8-4-7-2 — Capitalization; certificate of incorporation

Indiana·Art. 4 ORGANIZATION AND OPERATION OF·Ch. 7 Incorporation of Union Railway Companies

The railroad companies uniting in the formation
of such corporation are designated as proprietary companies, and shall
make a certificate of incorporation, in which they shall specify the
name of the company to be incorporated under the certificate of
incorporation, the amount of the capital stock of such company, the
number and the par value of the shares into which it shall be divided,
the aggregate amount of the par value of the shares of each proprietary
company, the county or counties in which said union railway shall be
situated, with the name of the town or city within or near which said
union railway is to be constructed.
Formerly: Acts 1885, c.20, s.2. As amended by P.L.136-2018,
SEC.89.

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The railroad companies uniting in the formation
of such corporation are designated as proprietary companies, and shall
make a certificate of incorporation, in which they shall specify the
name of the company to be incorporated under the certificate of
incorporation, the amount of the capital stock of such company, the
number and the par value of the shares into which it shall be divided,
the aggregate amount of the par value of the shares of each proprietary
company, the county or counties in which said union railway shall be
situated, with the name of the town or city within or near which said
union railway is to be constructed.
Formerly: Acts 1885, c.20, s.2. As amended by P.L.136-2018,
SEC.89.

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