New Hampshire § 243:20 To Another Railroad

New Hampshire Statutes

§ 243:20 — To Another Railroad

New Hampshire·Title XX TRANSPORTATION·Ch. 243 FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS·Subdivision Leases

Any railroad corporation may, subject to the provisions of RSA 374, lease its railroad, railroad property, and interests to any other railroad corporation for such length of time and upon such terms as may be agreed to by the lessor and lessee corporations at meetings of their respective stockholders, properly notified and held for the purpose, by a 2/3 vote of all the stock represented and voting at such meetings.

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Any railroad corporation may, subject to the provisions of RSA 374, lease its railroad, railroad property, and interests to any other railroad corporation for such length of time and upon such terms as may be agreed to by the lessor and lessee corporations at meetings of their respective stockholders, properly notified and held for the purpose, by a 2/3 vote of all the stock represented and voting at such meetings.

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