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This entry was published on 2014-09-22
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Stocks of municipal corporations, how represented
Railroad (RRD) CHAPTER 49, ARTICLE 4
§ 145. Stocks of municipal corporations, how represented. At any
meeting of the stockholders of any railroad corporation to consider any
agreement or proposition of consolidation, merger, lease or conveyance,
or other matter, the commissioners or other officers of any municipal
corporation holding or having charge of any of the capital stock of such
railroad corporation shall represent such municipal corporation, and may
act and vote in person or by proxy on all matters relating to such
consolidation or lease in the same manner as individual stockholders.