Section 4961.29 | Subscription to Aid Another Company.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A railroad company may aid another in the construction of its railroad by means of subscription to its capital stock, or otherwise, for the purpose of forming a connection of the railroads of the companies, if the railroad of the company so […]
Section 4961.30 | Lease or Purchase of Another Railroad.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A railroad company may lease or purchase any part or all of a railroad constructed, or in the course of construction, by another company, if the lines of their railroads are continuous or connected and not competing, on terms agreed upon between […]
Section 4961.31 | Noncompetitive Companies May Make Beneficial Arrangements.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Two or more railroad companies whose railroads are connected and not competing may enter into any arrangement for their common benefit consistent with and calculated to promote the objects for which they were created. Railroads running or to be constructed to the […]
Section 4961.32 | Procedure for Aid, Lease, and Purchase.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No aid shall be furnished, nor any purchase or lease perfected, as provided by sections 4961.29 to 4961.31, inclusive, of the Revised Code until a meeting of the stockholders of each of the railroad companies has been called for that purpose by […]
Section 4961.33 | Dissenting Stockholder May Sell Stock.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A stockholder of any railroad company, part or all of whose railroad is proposed to be leased or purchased or which it is proposed to aid by subscription, who refuses his assent to such sale, lease, or aid by subscription, and signifies […]
Section 4961.34 | Court May Appoint Arbitrators.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If a stockholder refuses to submit the question of the value of the stock to arbitration, as provided by section 4961.33 of the Revised Code, upon the application of a director of either of the companies parties to the contract, the proper […]
Section 4961.25 | Companies Must Use Same Bridge.
Effective: January 1, 1966 Latest Legislation: Senate Bill 94 – 106th General Assembly When it becomes necessary for two or more railroads to cross any of the navigable waters of this state at or near the same point, by drawbridge or swing bridge, the companies or persons owning or controlling such railroads, if practicable, shall […]
Section 4961.11 | Damages by Change After Completion.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When the location is changed, as provided by section 4961.09 of the Revised Code, after the railroad has been used for transportation of persons and property, the railroad company is liable for all damages occasioned by the change to the owner of […]
Section 4961.12 | Construction of Branch Road.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A railroad company may construct branches from the main line of railroad to municipal corporations or places within the limits of a county through or into which its railroad passes or to a connection with any railroad within this state, or to […]
Section 4961.13 | Right of Entry.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A railroad company, domestic or foreign, or municipal corporation which owns or operates a railroad may enter upon any land for the purpose of examining and surveying its railroad line, and may appropriate so much of such land as is necessary for […]