§ 46-8-78. Order of Secretary of State Accepting Surrender of Charter and Franchises and Dissolving Corporation; Recording of Petition, Certificate of Approval, Certificate of Publication, and Order by Secretary of State
When the certificate of the judge of the probate court is filed with the Secretary of State pursuant to Code Section 46-8-77, and when the certificate of the Public Service Commission approving the application is likewise filed with the Secretary of State, the Secretary of State shall pass an order under the seal of the […]
§ 46-8-79. Effect of Issuance of Order of Dissolution and Payment of Fees
After the order of dissolution has been issued, and after all fees for filing and certificates have been paid, the corporation shall be dissolved and shall have no further existence, except as provided in Code Section 14-4-161. History. Ga. L. 1953, Nov.-Dec. Sess., p. 213, § 9.
§ 46-8-80. Contracts Between Railroad Companies for Merger, Consolidation, Lease, or Purchase for Purposes of Connecting the Roads of the Companies
Any railroad company incorporated under this chapter shall have the power to make contracts with any other railroad company which has constructed or hereafter constructs any railroad within this state for the purpose of enabling the companies to run their roads in connection with each other and merge their stocks, or to consolidate with each […]
§ 46-8-81. Consolidation, Merger, Lease, or Purchase of Railroad Companies Whose Roads Form a Continuous Line; Issuance of Stocks and Bonds by Consolidated Companies
Any railroad company incorporated under this chapter shall have authority to sell, lease, assign, or transfer its stock, property, and franchises to, or to consolidate the same with those of, any other railroad company which is incorporated under the laws of this or any other state or of the United States and whose railroad within […]
§ 46-8-52. Exemption of Property of Stockholders From Debts or Liabilities of Corporation
All property, whether real or personal, of any stockholder in this state shall be exempt from the debts or liabilities of a railroad corporation, provided that this exemption shall not operate as to the amount of the unpaid subscription of the stockholder to the capital stock of the corporation. History. Ga. L. 1892, p. 37, […]
§ 46-8-82. Forfeiture of Powers, Privileges, and Certificate of Incorporation for Failure to Construct and Operate 15 Miles of Road Within Three Years; Extension of Time for Construction and Operation of Road
All the powers and privileges and the certificate of incorporation of a railroad company shall be forfeited at the expiration of three years from the date of the certificate if at the expiration of those three years the company has not constructed and equipped the road, and is not operating the same, for at least […]
§ 46-8-53. Procedure for Issuing Bonds or Increasing Capital Stock
In no case shall a railroad corporation issue bonds or increase its capital stock except by a vote of two-thirds of the capital stock of the corporation represented at an annual or special meeting of stockholders called for that purpose, and after each stockholder has been notified in the manner prescribed by the bylaws. In […]
§ 46-8-100. General Powers
A railroad company organized and incorporated as provided in this chapter shall be empowered: To cause such examinations and surveys to be made for the proposed railroad as shall be necessary for the selection of the most advantageous route, and, by its officers, agents, servants, or employees, to enter upon the land or water of […]
§ 46-8-54. Adoption of Title by Railroad Companies Incorporated, or by Persons Owning or Operating a Railroad, Prior to December 17, 1892
Any railroad company incorporated before December 17, 1892, whether by Act of the General Assembly incorporating the same by name or under the general railroad law of the state, may amend its charter either by adopting the provisions of this title or by extending its corporate existence for a period of 50 years from the […]
§ 46-8-104. Power of Railroad Companies to Cross Other Railroads in Order to Reach Minerals, Timber, or Other Materials
Any railroad company chartered by the General Assembly, and also any person or persons or any company owning or operating a public or private railroad in this state, shall, when necessary to reach minerals, timber, or other materials, have the right to cross any other railroad at grade points or at any other point where […]