To build and construct, and thereafter to use, operate, own, sell, and enjoy the railroad as specified and defined in the application of the projectors for its creation and organization, with one or more tracks, and to construct and operate such branches, spurs, and laterals thereto as may be necessary or proper to develop the country through which its main line may extend. Upon the location of branches, spurs, or laterals, the company shall file in the Office of the Secretary of State a written statement showing the line thereof.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 9 - Railroads and Other Common Carriers
Article 3 - Railroads and Railroad Corporations
§ 77-9-141. Powers, rights and privileges of railroad corporations
§ 77-9-145. Suing; having a common seal
§ 77-9-147. Building and operating railroad
§ 77-9-149. Collecting charges for transportation of persons and property
§ 77-9-151. Issuing stocks and bonds
§ 77-9-153. Increasing capital stock; issuing preferred stock to satisfy obligations
§ 77-9-157. Authorizing appointment of executive committee
§ 77-9-159. Opening books of subscription; calling stockholders' meetings
§ 77-9-161. Mortgaging; securing mortgage bonds
§ 77-9-165. Leasing railroad and its properties
§ 77-9-167. Doing an express or telegraph business
§ 77-9-169. Having right of way generally
§ 77-9-171. Having right of way over state lands
§ 77-9-173. Entering upon land adjacent to its right of way
§ 77-9-175. Acquiring lands for depots and other purposes
§ 77-9-177. Crossing, intersecting, joining or uniting with other railroads
§ 77-9-179. Crossing water courses
§ 77-9-181. Insuring persons and property
§ 77-9-183. General grant of powers
§ 77-9-185. How powers are to be exercised
§ 77-9-187. Terminal points and direction of line may be changed
§ 77-9-189. Adoption and change of gauge