Louisiana Statutes
§ 45:381
Louisiana·Title 45 Public Utilities and Carriers
§381. Mortgages; power of company generally; property covered
Any railroad company established under the laws of Louisiana in order to secure the payment of any obligation contracted by it for the construction of the road, may mortgage their road, in whole or in part; and this mortgage, if given on the entire road, shall bear upon the entire road although it is not completed at the time the mortgage was executed; and this mortgage may also be executed to bind the appurtenances of the road, its warehouses, depots, water stations, locomotives, and the like.
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 45:381 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 45:301
§ 45:301§ 45:302
Powers of the commission; scope§ 45:307
§ 45:307§ 45:308
Safety standards and practices§ 45:309
Inspections§ 45:310
Penalties§ 45:311
Enforcement§ 45:314
Waiver of standards§ 45:315
Construction§ 45:321
§ 45:321