Upon the issuance of the proclamation by the governor, authorizing them so to do, and its recordation in the office of the secretary of state, the projectors shall meet and organize, and elect a board of directors of such number as they may see fit. The board, when elected, may select a president and such other officers and agents as it may deem expedient, fix their duties and compensation, and adopt by-laws.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 9 - Railroads and Other Common Carriers
Article 3 - Railroads and Railroad Corporations
Incorporation and Consolidation of Railroad Corporations
§ 77-9-103. Issuance of proclamation by governor authorizing organization of railroad corporation
§ 77-9-105. Recording of application and proclamation
§ 77-9-109. Capital stock of railroad corporation
§ 77-9-115. Amendment of railroad corporation charter
§ 77-9-117. Amendment of charter to carry out plan of reorganization under federal laws
§ 77-9-119. Consolidation of railroad corporations
§ 77-9-121. Competing or parallel railroads shall not consolidate