Sec. 12. The board of directors of any such union railway company shall annually elect a president, a vice-president, a secretary and a treasurer, who shall serve for one (1) year, and until their successors are elected. Any general officer of either of the proprietary companies shall be eligible as president. The vice-president, secretary and treasurer need not necessarily be an officer of one of said proprietary companies.
Formerly: Acts 1885, c.20, s.12.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 4. Organization and Operation of Railroads
Chapter 7. Incorporation of Union Railway Companies
8-4-7-1. Authority for Formation
8-4-7-2. Capitalization; Certificate of Incorporation
8-4-7-3. Certificate of Incorporation; Powers and Duties
8-4-7-4. Directors; Numbers; Acquisition of Property
8-4-7-5. Stock Certificates; Proprietary Companies
8-4-7-6. Belt Railroad; Operation
8-4-7-7. Acquisition of Property; Eminent Domain
8-4-7-8. Eminent Domain; Application of Law
8-4-7-9. Financing of Operation; Loans and Bond Issues
8-4-7-10. Vacation of Street or Alley
8-4-7-11. Joint Use of Facilities and Equipment
8-4-7-12. Directors, Officers, and Employees
8-4-7-13. Board of Managers; Associate Companies
8-4-7-14. Associate Companies; Board of Managers; Delegation of Powers and Duties
8-4-7-15. Contracts; Tort Liability
8-4-7-16. Acceptance of Provisions of Chapter; Certificate; Filing
8-4-7-18. Mechanic's Liens; Joint Liability of Proprietary Companies
8-4-7-19. Facilities and Connections; Joint Use by Proprietary Companies