Ohio Revised Code Chapter 4967 - Consolidation Of Railroads

• Section 4967.01 - Companies May Consolidate.
  When the railroads of railroad companies in this state or any portion of such railroads have been or are to be so constructed as...
• Section 4967.02 - Consolidation Or Merger Of Railroad Companies.
  A company organized in this state for the purpose of constructing, owning, and operating a railroad, or whose railroad is made or is in...
• Section 4967.03 - Merger With Other Railroad Companies.
  A railroad company formed by the consolidation of a company of this state with a company of another state, or the surviving company in...
• Section 4967.04 - Agreement Of Consolidation Or Merger.
  A consolidation or merger of railroad companies shall be effected by each railroad company adopting an agreement of merger or consolidation pursuant to section...
• Section 4967.05 To 4967.09 - [Repealed].
  Effective Date: 11-22-1986
• Section 4967.10 - Relief For Dissenting Shareholder.
  A stockholder who dissents in a consolidation or merger of railroad companies pursuant to section 4967.04 of the Revised Code is entitled to relief...
• Section 4967.11 - [Repealed].
  Effective Date: 11-12-1986
• Section 4967.12 - Property Of Old Companies Vests In New - Rights Of Creditors Not Impaired.
  Upon the consummation of any consolidation or merger, all the rights, privileges, and franchises of each of the companies, parties to the agreement of...
• Section 4967.13 - Disposition Of Stocks And Bonds Acquired Upon Consolidation Or Merger.
  A consolidated railroad company created by or existing under the laws of this state, or of this state and any other state, may take,...
• Section 4967.14 - Consolidated Company May Issue Stock In Lieu Of Purchase Money.
  When a consolidated railroad company described in section 4967.13 of the Revised Code is in possession of or operating in connection with or extension...
• Section 4967.15 - Property Of Company Acquired By Purchase Vested In Consolidated Company.
  When the whole of the capital stock referred to in section 4967.14 of the Revised Code is surrendered or transferred, and a certificate thereof...
• Section 4967.16 - Effect Of Consolidation.
  Sections 4967.14 and 4967.15 of the Revised Code do not relieve a consolidated railroad company from paying the fee provided by section 111.16 of...
• Section 4967.17 - Principal Office.
  As soon as convenient after a consolidation of railroad companies resulting in the formation of a new company, the new company shall establish a...
• Section 4967.18 - Taxation Of Property Of Railroad Located In This State.
  That part of the railroad of a consolidated or surviving railroad company located in this state, and all its real and personal property in...
• Section 4967.19 - Actions Against New Company.
  Suits may be brought and maintained against the new company formed by a consolidation of railroad companies, or against the surviving company in the...
• Section 4967.20 - Proof Of Charters Not Required.
  In any suit brought to charge a consolidated or surviving railroad company with a liability of any company party to the consolidation or merger,...
• Section 4967.21 - Two Or More Companies Owning A Road May Divide And Dispose Of It.
  When two or more railroad companies are owners in common of the whole or a part of a railroad located within this state, and...
• Section 4967.22 - Proceedings When Companies Cannot Agree On A Division.
  If the companies referred to in section 4967.21 of the Revised Code are unable to agree upon an equitable plan for improving and developing,...
• Section 4967.23 - Cost Of Improvements.
  The cost of the additions or improvements referred to in section 4967.22 of the Revised Code, unless otherwise agreed between the joint owners, shall...
• Section 4967.24 - Partition Not Compulsory.
  Sections 4967.21 to 4967.23, inclusive, of the Revised Code, do not imply or confer a right or power of compulsory partition of the joint...
• Section 4967.25 - Company Selling Interest May Purchase Or Condemn Land Along Route.
  If, pursuant to the agreement or to the proceedings provided for in sections 4967.21 to 4967.24, inclusive, of the Revised Code, either railroad company...
• Section 4967.26 - Application In Case Of Lease.
  Sections 4967.21 to 4967.25, inclusive, of the Revised Code, apply in case one or more railroad companies or owners in common has leased its...

Last modified: October 10, 2016