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Texas Vernon's Texas Civil Statutes - Article 6548a. Certain Street And Interurban Railway Corporations Authorized To Amend Charters To Include Operation As Motor Carriers

Legal Research Home > Texas Lawyer > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Article 6548a. Certain Street And Interurban Railway Corporations Authorized To Amend Charters To Include Operation As Motor Carriers

Art. 6548a. CERTAIN STREET AND INTERURBAN RAILWAY CORPORATIONS AUTHORIZED TO AMEND CHARTERS TO INCLUDE OPERATION AS MOTOR CARRIERS. Authority Sec. 1. That private corporations heretofore incorporated for the purpose of operating street or interurban railways, which said private corporations have totally abandoned such operations prior to January 1, 1934, may amend their charters so as to include as a separate purpose of the corporation the acquiring, owning and operating of motor vehicles and motor buses for transportation of passengers for hire upon the public streets and public ways of cities and towns and upon the public ways of the adjacent unincorporated territory within five (5) miles from the limits of such cities and towns, provided however, this limit shall not be construed to prohibit any corporation conforming with this Act from contracting for chartered passenger service beyond said five (5) mile limit, under such reasonable regulations as may be legally imposed from time to time by such cities and towns within the limits thereof and the Commissioners' Courts of counties as now prescribed by Article 6548. Contiguous Cities or Towns Sec. 2. If the boundary of one city or town is contiguous with the boundary or boundaries of another city or town, or other cities or towns, the authority granted under Section 1, hereof to operate within five (5) miles thereof, shall be construed to include any territory within five (5) miles of the limits of any such contiguous city or town. Regulatory Authority of Railroad Commission Not Affected Sec. 3. Nothing in this Act shall be construed to deprive the Railroad Commission of Texas, of its exclusive authority to continue the regulation of buses and motor vehicles operating under its jurisdiction; nor shall this Act relieve such operators of the requirement to secure certificates or permits from the Railroad Commission authorizing such operations. Itemized Statement of Money and Property and Value of Property to be Filed Sec. 4. Provided before any such amendment may be filed with the Secretary of State the Officers and Directors of any corporation shall file an affidavit with the Secretary of State giving a detailed itemized statement of what money and property is held or owned by it and the actual cash market value of each such item of property. Acts 1937, 45th Leg., p. 675, ch. 337, eff. May 15, 1937.

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