Missouri § 388.490 Powers and duties of such corporation.

Missouri Statutes

§ 388.490 — Powers and duties of such corporation.

Missouri § 388.490

Title XXVINCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS

Ch. 388Railroad Corporations

This text of Missouri § 388.490 (Powers and duties of such corporation.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 388.490 (2026).

Text

Such incorporation shall possess all the rights, privileges and powers given to any railroad corporation by the laws of this state, and in addition thereto, shall not be required to have any greater amount of stock than to the incorporators thereof may seem necessary; and provided further, that said corporation shall have power to create whatever amount of bonded indebtedness such corporation may deem necessary.

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Such incorporation shall possess all the rights, privileges and powers given to any railroad corporation by the laws of this state, and in addition thereto, shall not be required to have any greater amount of stock than to the incorporators thereof may seem necessary; and provided further, that said corporation shall have power to create whatever amount of bonded indebtedness such corporation may deem necessary.