Sec. 25. The state shall have a lien upon all railroads of such corporations and their appurtenances and stock in the railroads for all penalties, taxes and dues which may accrue to the state from such corporations; which lien of the state shall have precedence of all demands, judgments or decrees against said corporations. And the citizens of this state shall have a lien upon all personal property of said corporations, to the amount of one hundred dollars ($100), for all debts originally contracted within this state, which, after said lien of the state, shall take precedence of all other debts, demands, judgments or decrees, liens or mortgages against such corporations.
Formerly: Acts 1852, 1RS, c.83, s.26. As amended by P.L.136-2018, SEC.87.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 4. Organization and Operation of Railroads
Chapter 1. Incorporation of Railroad Companies
8-4-1-2. Shareholders; Preemptive Rights
8-4-1-3. Articles of Association; Filing With Secretary of State
8-4-1-4. Subscriptions to the Stock
8-4-1-5. Shareholders; Annual Meeting; Directors, Election, and Term
8-4-1-6. Meetings of Shareholders; Notice; Requisites
8-4-1-7. Meetings of Shareholders; Annual Report; Removal of Officers
8-4-1-8. Directors; Elections; President and Other Officers; Appointment or Election
8-4-1-9. Stock Subscriptions; Demands for Payment
8-4-1-10. By-Laws; Officers and Employees; Appointment and Duties
8-4-1-11. Stock Certificates; Issuance and Transfer
8-4-1-12. Certificate of Capitalization
8-4-1-13. Maps and Route Profile; Filing
8-4-1-14. General Powers and Duties; Enumeration
8-4-1-15. Eminent Domain; Right to Acquire Title
8-4-1-16. Eminent Domain; Damages; Appraisals; Appeals
8-4-1-17. Eminent Domain; Conflicting Claimants to Compensation; Judicial Determination
8-4-1-18. Eminent Domain; Court Appointed Attorney for Absentees or Persons Unknown
8-4-1-19. Eminent Domain; Stay of Proceedings; Perfecting Defective Title
8-4-1-20. Financing of Operations; Loans and Issue of Security
8-4-1-22. Railroad Crossings; Grade Separation
8-4-1-23. Public Lands; Acquisition; Location Upon Grounds of State Institutions
8-4-1-24. Employees; Identification Badges
8-4-1-25. State Lien for Penalties, Taxes, and Dues
8-4-1-31. Maps and Profiles; Certificates of Proposed Line; Filing
8-4-1-32. Failure to Complete Road; Voiding of Corporation