New Hampshire § 243:7 Provisional Corporation

New Hampshire Statutes

§ 243:7 — Provisional Corporation

New Hampshire § 243:7

Title XXTRANSPORTATION

Ch. 243FORMATION AND UNION OF RAILROAD CORPORATIONS; LEASES AND EXTENSIONS

SubdivisionFormation of a Railroad Corporation

This text of New Hampshire § 243:7 (Provisional Corporation) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 243:7 (2026).

Text

The subscribers to the articles of agreement, and their assigns, shall thereupon become and be a corporation (herein termed the provisional corporation) having the following franchises, and no other:

I.Authority to organize and to elect officers and agents;

II.Authority to make necessary surveys for the proposed railroad and to enter upon any land for that purpose;

III.Authority to take all other preliminary steps required in the formation of a railroad corporation.

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The subscribers to the articles of agreement, and their assigns, shall thereupon become and be a corporation (herein termed the provisional corporation) having the following franchises, and no other:
I. Authority to organize and to elect officers and agents;
II. Authority to make necessary surveys for the proposed railroad and to enter upon any land for that purpose;
III. Authority to take all other preliminary steps required in the formation of a railroad corporation.