Sec. 4. Next in the order of lien to the existing mortgage debt of the old road shall stand the amounts due persons for labor performed, wood and other such materials furnished the old company in running the road, and damages for killing stock and right of way: Provided, That all the property of said company shall be liable for damages recovered against said company for stock killed or injured by them and exempt from mortgage liens.
Formerly: Acts 1861, c.78, s.4.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 4. Organization and Operation of Railroads
Chapter 24. Purchase and Sale of Defunct Railroads
8-4-24-1. Certificate of Sale; Public Lease; Sale Notice
8-4-24-2. Powers, Privileges, Facilities, and Franchises
8-4-24-3. Reciprocity; Foreign Corporations
8-4-24-4. Liens and Encumbrances
8-4-24-6. Surrender or Assignment of Stock; Acquisition of Stock in Reorganized Company