Tennessee Statutes
§ 65-6-103 — Subscription for or purchase of stocks and bonds of other companies - Contracts for construction or lease
Tennessee·Title 65
It is lawful for any railroad company created by and existing under the laws of this state, and for any lessees of a railroad of such company, from time to time, to subscribe for or purchase the stock and bonds, or either, of any other railroad company or companies chartered by or of which the road or roads are authorized to extend into this state, when their roads shall be directly, or by means of intervening railroads, connected with each other; and to make contract with such company or companies for the construction, maintenance, repairs, or equipments, as well as lease of such other railroad or railroads, upon such terms as may be agreed upon by the companies owning the same, or by the companies and such lessees.
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Tennessee § 65-6-103 (Subscription for or purchase of stocks and bonds of other companies - Contracts for construction or lease) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1869-1870 Private, ch. 49, § 4; Shan., § 1520; Code 1932, § 2595; T.C.A. (orig. ed.), § 65-603.
Nearby Sections
15
§ 65-1-102
Commissioners - Prohibited activities§ 65-1-103
Meetings§ 65-1-104
Quorum - Chair and vice chair - Panels§ 65-1-105
Compensation - Expenses§ 65-1-107
§ 65-1-107§ 65-1-108
Office - Furniture and supplies§ 65-1-109
Executive director§ 65-1-110
Minutes and official documents§ 65-1-111
Report to general assembly§ 65-1-112
Copies of records§ 65-1-113
Enforcement - Duties of commission