Section 69. A domestic company may purchase from a street railway company incorporated under the laws of another state so much of the railway, franchise and property of such other company as is located or used and exercised within this commonwealth when the railway of such other company connects with, intersects, or forms a continuous line with that of the purchasing company; provided, that the facilities for travel on the railway of each of said companies within this commonwealth shall not thereby be diminished, or the rates of fare increased; and provided, that no such purchase shall be valid or binding until the terms thereof have been approved by the department as required by section fifty-four of chapter one hundred and fifty-nine.
Section: Previous 62 63 64 65 66 67 68 69 69A 70 71 72 73 74 75 NextLast modified: September 11, 2015