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Texas Vernon's Texas Civil Statutes - Article 6520. Regulating Stocks, Bonds, Etc

Legal Research Home > Texas Laws > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Article 6520. Regulating Stocks, Bonds, Etc

Art. 6520. [6717] REGULATING STOCKS, BONDS, ETC. Among other things, the power and authority of issuing or executing bonds, or other evidences of debt, and all kinds of stocks and shares thereof, and the executions of liens and mortgages by railroad corporations in this State are special privileges and franchises, the right of supervision, regulation, restriction and control of which has always been, is now, and shall continue to be vested in the State government, to be exercised according to the provisions of this and other laws. Acts 1893, p. 56; G.L. vol. 10, p. 486.

Article:  Previous  6515  6516  6517  6518  6519  6519a. MEMBER OF COMMISSION OR DESIGNATED EMPLOYÉ AUTHORIZED TO HOLD HEARINGS, POWERS, ETC. Any member of the Railroad Commission of Texas (or any authorized employee thereof) designated by the Commission for that purpose, shall have power in all cases coming before the Commission to hold hearings and conduct investigations and to make a record thereof for the use and benefit of the Commission, the same as if the entire Commission were present, and such commissioner or designated employee is hereby given the authority to administer oaths, certify to all official acts, and compel the attendance of witnesses and the production of papers, waybills, books, accounts and all other pertinent documents and testimony, and said record when so made and properly certified to by such commissioner or employee, shall have the same force and effect as if made before the Commission, and cases in which such records are made shall be determined by the Commission as if the record had been made before the Commission itself. Any person who shall in any way, refuse to comply with any provision of this Act or any person who shall in any way undertake to obstruct or interfere with any proceeding under this Act, shall be subject to punishment for contempt by the Commission. This Act shall be cumulative of all other laws conferring jurisdiction and authority upon the Railroad Commission. Acts 1929, 41st Leg., p. 539, ch. 262, Sec  6519c  6520  6521  6522  6523  6524  6525  6526  6527  Next

Last modified: August 11, 2007