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Texas Vernon's Texas Civil Statutes - Chapter 7 Other Rights Of Railroad CorporationsLegal Research Home > Texas Lawyer > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Chapter 7 Other Rights Of Railroad Corporations Railroad corporations shall have the following other rights: 1. To have succession, and in their corporate name may sue and be sued, plead and be ... All lands acquired by railroad companies under the provisions of this chapter, or any general laws, shall be alienated by said companies, one-half in six ... The two preceding articles shall apply to such corporations as are prohibited by their acts of incorporation from purchasing or receiving donations of land, as ... Such corporation shall have the right to erect and maintain all necessary and convenient buildings and stations, fixtures and machinery for the accommodation and use ... Such corporation shall have the right, from time to time, to borrow such sums of money as may be necessary for constructing, completing, improving or ... No mortgage by such corporation shall be valid, unless authorized by a resolution adopted by a vote of two-thirds of all the stock of such ... The directors shall be empowered, in pursuance of any such resolution, to confer on any holder of any bond for money so borrowed as aforesaid, ... Any railway company in this State having a terminus on the coast, the said terminus being a county site, and the same having been destroyed ... When any railroad in this State whether incorporated under State or Federal charter desires to abandon, change or relocate any portion of its line of ... When any railroad corporation or receiver of any railroad in the State desires to change, relocate or abandon any part of its line within any ... When any railroad corporation or receivers of any railroad shall have been empowered under the provisions of this law to change, relocate or abandon its ... All changes, relocations and abandonments of parts of their lines by railroad corporations or receivers of any railroad in or adjacent to any city having ... Whenever the governing body of any city containing fifty thousand inhabitants or more shall present to the Railroad Commission of this State its application for ... Last modified: August 10, 2007 |