LRL Home - Legislation - Legislative archive system - Advanced search - Search results - Bill details
SB 15, 34th 1st Called Session
Relating to providing that any corporation now or hereafter organized under the laws of this State, authorized to construct, acquire and operate electric or other interurban railways, commonly known as interurban railways, shall have the power to purchase, lease or acquire the physical property, rights and franchises of any other corporation organized for like purposes, or to acquire lease or purchase the physical properties, rights and franchises of any corporation owning suburban or street railways and giving to such corporation so acquired, leased or purchased the right and power to sell or dispose of its properties to such purchasing corporation, all upon such terms as may be agreed upon between the boards of directors of the respective corporations; provided, that in case of said street car railways, the consent of the city council, board or commissioners, or other governing body, as the case may be, of the city where such street car line may be located, must first be obtained, and also authorized or approved by a majority of the stockholders.
Author: James Clayton McNealus
Session Law Chapter:
Acts 1915, 34th 1st C.S.,ch. 14, General Laws of Texas
Corporations & Associations
The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions.
Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.