§ 8 — Application of laws governing street railways

Section 8. Every corporation doing business under this chapter shall be subject to general laws governing street railway companies in respect to the future issue of stocks and bonds, consolidation, leases, revocation of permits and locations; and shall also be subject to the same regulation and supervision, and shall file with the department the same reports and information required of street railway companies, so far as such regulation, supervision and requirements are applicable to corporations doing business under this chapter and are consistent with its provisions.