Section 4953.07 | Bylaws, Rules, and Regulations.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The board of directors of a union terminal company may pass bylaws, rules, and regulations for its government, not inconsistent with the charters of the railroad companies and for the regulation of the depot and depot grounds and the business thereof. It […]
Section 4953.08 | Proportionate Use and Liability – Grant for Use of Streets, Alleys, and Roads.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The railroad companies whose boards of directors authorized the filing of the articles of incorporation of a union terminal company, or assent thereto, as provided by section 4953.01 of the Revised Code, shall each be held to own and be liable to […]
Section 4953.09 | Power to Borrow Money and Mortgage Property.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Any union terminal company may borrow money for the purpose of carrying out the powers conferred by sections 4953.01 to 4953.12, inclusive, of the Revised Code, without reference to the amount of stock of such company, and may also issue coupon, registered, […]
Section 4953.01 | Powers of Union Terminal Companies.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The presidents of two or more railroad companies running railroads to the same municipal corporation or township, by the consent and under the direction of their respective boards of directors, or any number of persons, not less than five, a majority of […]
Section 4953.02 | Articles of Incorporation.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The articles of incorporation of a union terminal company, referred to by section 4953.01 of the Revised Code, shall specify: (A) The name assumed by such company; (B) When two or more of the incorporators are presidents of railroad companies, the names […]
Section 4953.03 | Recording – Privileges.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The articles of incorporation referred to by section 4953.02 of the Revised Code shall be signed by the presidents in behalf of the railroad companies, with the corporate seals of the companies annexed to such articles, or by any number of persons, […]