New Hampshire Statutes
§ 243:4 — Capital Stock
New Hampshire·Title XX TRANSPORTATION·Ch. 243 FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS·Subdivision Formation of a Railroad Corporation
The capital stock of the corporation shall not be less than $5,000 for each mile of the proposed railroad if the gauge thereof is to be 3 feet or less, and not less than $10,000 for each mile if the gauge is to be more than 3 feet. It shall be divided into shares of $100 each.
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Legislative History
1883, 100:2. PS 156:4. 1897, 68:1. PL 246:4. RL 296:4. RSA 367:4. 2024, 33:1, eff. July 1, 2024. RSA 243:4.
Nearby Sections
15
§ 243:1
Mode§ 243:10
Notice of Petition§ 243:11
Reference§ 243:12
Notice of Hearing§ 243:13
Hearing; Report§ 243:14
Decision§ 243:15
Certificate§ 243:16
Meeting of Subscribers§ 243:17
Time for Building§ 243:19
Repealed by 1959, 137:1§ 243:2
Articles of Agreement§ 243:20
To Another Railroad§ 243:21
Procedure§ 243:22
Agreement; Record; Powers