Georgia Code, Title 52, Chapter 4 - Canal Companies

• § 52-4-1 - Filing of Petition for Incorporation; Contents of Petition; Filing Fee
  Any number of persons, not less than five, desiring to be incorporated as a company for the purpose of constructing, operating, and maintaining a...
• § 52-4-2 - Issuance of Certificate of Incorporation
  When the petition for incorporation has been made and filed and the fee paid, as provided in Code Section 52-4-1, the Secretary of State...
• § 52-4-3 - Maintenance by Secretary of State of Files and Books Regarding Canal Companies
  The Secretary of State shall keep on file all petitions for incorporation and transcripts from minutes provided for in this chapter and shall also...
• § 52-4-4 - Time of Commencement of Corporate Existence; Duration of Corporate Existence
  Upon the issuance of the certificate, the persons therein named, their associates, and their successors shall be and become a body corporate for the...
• § 52-4-5 - Petitioners As Constituting First Board of Directors; Election of Officers; Prescription of Rules and Bylaws; Opening Books of Subscription for Capital Stock
  The petitioners shall constitute the first board of directors; they shall organize by electing one of their number president and such other officers as...
• § 52-4-6 - Publication of Notice Upon Subscription for All of Capital Stock and Payment of 10 Percent Thereof; Authorization for Commencing Transaction of Business; Personal Liability of Directors and Stockholders
  When all the capital stock has been subscribed for and 10 percent thereof paid in, notice of that fact shall be published three times...
• § 52-4-7 - Location of Principal Office
  The principal office of all companies incorporated as provided in this chapter shall always be in this state.
• § 52-4-8 - Powers and Duties of Companies Generally
  All companies incorporated under this chapter shall have power to bring or be the subject of actions; make contracts; lease, purchase, hold, and sell...
• § 52-4-9 - Right of Corporation to Increase or Decrease Capital Stock
  All companies incorporated under this chapter may increase or decrease their capital stock in the manner provided in Code Sections 14-4-120 and 14-4-121.
• § 52-4-10 - Power of Companies to Enlarge Works and Appliances of Canals and Branch Canals and to Deepen and Widen Canals
  Any company incorporated under this chapter is authorized to enlarge any of the works or appliances of a canal or branch canals and enlarge...
• § 52-4-11 - Furnishing of Canal Water by Canal Companies; Charges for Use of Water
  Any canal company incorporated as provided in this chapter is authorized to allow water to be drawn from its canal for the purpose of...
• § 52-4-12 - Toll Rates for Use of Canals
  All companies incorporated as provided in this chapter may permit all goods, lumber, rafts of every description, vessels of every kind, and all other...
• § 52-4-13 - Encroachment of Canals Upon Public Roads; Construction and Maintenance of Bridges
  Whenever any canal or backwaters of any company incorporated as provided in this chapter shall encroach upon or cross any public road, the company...
• § 52-4-14 - Mortgage, Sale, or Lease of Canal, Other Properties, Corporate Rights, and Franchises
  Companies incorporated under this chapter may mortgage, sell, or lease their canal and other properties, corporate rights, and franchises to any person or corporation...
• § 52-4-15 - Disagreements As to Compensation for Taking of Lands, Tenements, or Riparian Rights Pursuant to Chapter
  When any person or corporation shall feel aggrieved or damaged by any appropriation to the use of the company of any of his or...
• § 52-4-16 - Taxes Applicable to Canal Companies
  The corporations named in this chapter shall be subject to state, county, and municipal taxation.

Last modified: October 14, 2016