Sec. 17. Whenever, prior to March 2, 1885, any union railway company shall have been incorporated, and the proprietary companies of such union railway company shall have, by agreement in writing with any other railroad company, such as is designated in this chapter as an associate company, admitted such associate company to the use of the property and facilities of such union company, then, upon the filing of the certificate of acceptance contemplated by section 16 of this chapter, such agreement between such proprietary companies and such associate company shall have the same force and effect and be as valid and binding as if the same had been made after March 2, 1885, and the terms of such agreement, including the provision for such a board of managers as is contemplated by this chapter, the delegation of powers to such board, and the right of such associate company to representation on such board, shall be observed and enforced as may have been provided for in said agreement.
Formerly: Acts 1885, c.20, s.17. As amended by P.L.62-1984, SEC.54.
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