Ohio Revised Code Chapter 4969 - Railroad Sales; Railroad Receivers

• Section 4969.01 - Sale Of Roadbed And Right Of Way.
  A company, owning in whole or in part a roadbed and right of way for a railroad within this state, including those acquired by...
• Section 4969.02 - Consent To Sale By Stockholders.
  Before a transfer as provided by section 4969.01 of the Revised Code may be made, the president of the company shall call a meeting...
• Section 4969.03 - Dissenting Stockholder May Retain Interest.
  No transfer shall be made under section 4969.01 of the Revised Code against the dissent of any stockholder, expressly declared and filed in writing...
• Section 4969.04 - Title Vests In Grantee.
  The title to the property transferred, with the right to use, occupy, and enjoy it for all purposes proper in the construction, maintenance, and...
• Section 4969.05 - Certain Contracts Of Sale Void Unless Recorded.
  No contract for the sale of railroad equipment, rolling stock, or other personal property to be used in or about the operation of a...
• Section 4969.06 - Parties May Provide For A Conditional Sale In A Lease.
  Any written contract for the renting, leasing, or hiring of railroad equipment, rolling stock, or other personal property to be used in or about...
• Section 4969.07 - Sale Of Equipment.
  Sections 4969.05 and 4969.06 of the Revised Code apply, not only to contracts made with a railroad company as vendee or lessee, but also...
• Section 4969.08 - Receiver.
  Where a railroad, the whole or part of which lies within this state, has been placed by order of a court in the hands...
• Section 4969.09 - Application Of Funds - Lien.
  The earnings of a railroad in the hands of a receiver, and all other money which comes into his hands as receiver, shall be...
• Section 4969.10 - Receiver Must Deposit Money.
  When a railroad operated by a receiver is wholly within this state, all money which comes into his hands, whether from operating the railroad...
• Section 4969.11 - Venue - Service.
  Actions may be brought against the receiver of a railroad, street railway, or an interurban railroad, in any county through or into which such...
• Section 4969.12 - Certain Railroads May Be Sold At Judicial Sale.
  The real and personal property, roadbed, right of way, fixtures, and franchises of a railroad company in this state which has not completed, nor...
• Section 4969.13 - Receiver Must Petition For Sale.
  Before a sale under section 4969.12 of the Revised Code is ordered, the receiver shall file in the court his petition therefor, in which...
• Section 4969.14 - Order For Appraisement.
  On proof of the publication of the notice required by section 4969.13 of the Revised Code, and being satisfied that a sale is necessary...
• Section 4969.15 - Notice Of Sale To Be Published.
  Before a sale referred to in section 4969.12 of the Revised Code is made, notice thereof shall be given by publication, for six consecutive...
• Section 4969.16 - Confirmation Of Sale And Deed - Distribution Of Proceeds.
  When a sale referred to in section 4969.12 of the Revised Code is made and reported to the court, if satisfied that it was...
• Section 4969.17 - Who May Purchase Property.
  A company organized under the laws of this state may purchase the property referred to in section 4969.12 of the Revised Code. Any number...
• Section 4969.18 - Purchaser May Acquire Franchise.
  The purchaser of a railroad situated wholly or partly within this state, sold pursuant to judicial proceedings, may acquire the franchise originally vested in...
• Section 4969.19 - Purchaser At Judicial Sale May Sell Railroad.
  The purchaser of the property, roadbeds, rights of way, fixtures, and franchises of a railroad company in this state, situated wholly or in part...
• Section 4969.20 - Any Number Of Persons May Purchase And Incorporate.
  A railroad company organized or existing under the laws of this state may purchase the property as provided in section 4969.19 of the Revised...
• Section 4969.21 - May Issue Stock And Bonds To Pay Purchase Price.
  A corporation may provide for the purchase price of the railroad and other property bought as provided in section 4969.20 of the Revised Code...
• Section 4969.22 - Certain Rights Of Way Forfeited.
  Where a right of way, or part thereof, upon an unfinished railroad remains for ten years unused for railroad purposes, it shall be held...

Last modified: October 10, 2016