Vermont § 3426 Contracts between corporations; corporate property

Vermont Statutes

§ 3426 — Contracts between corporations; corporate property

Vermont § 3426

Title 5Title 5: Aeronautics and Surface Transportation

Ch. 60Chapter 060: General Provisions

This text of Vermont § 3426 (Contracts between corporations; corporate property) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 5, § 3426 (2026).

Text

Railroad corporations in this State may make contracts and arrangements with each other, and with railroad corporations incorporated under the laws of any other state or under the authority of the Dominion of Canada, for leasing and running the roads of the respective corporations or a part thereof by either of their respective corporations. Such railroad corporation in this State may contract for and hold in fee simple or otherwise lands or buildings in this or other states for depot purposes and storing freight and may purchase and hold such personal property as is necessary and convenient for carrying into effect the object of this section.

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Railroad corporations in this State may make contracts and arrangements with each other, and with railroad corporations incorporated under the laws of any other state or under the authority of the Dominion of Canada, for leasing and running the roads of the respective corporations or a part thereof by either of their respective corporations. Such railroad corporation in this State may contract for and hold in fee simple or otherwise lands or buildings in this or other states for depot purposes and storing freight and may purchase and hold such personal property as is necessary and convenient for carrying into effect the object of this section.