Any railroad company organized under the laws of another state or territory, which, by a compliance with the laws of this state relating to foreign railroad companies, has purchased or may purchase a line of railroad constructed by another company within this state, may extend such line of railroad, and project and build branches to the same, and sidetracks and switches connecting therewith, and otherwise improve the same, and for such purpose exercise the right of eminent domain to the same extent and in like manner as may be done by a domestic railroad corporation. And any railroad company organized under the laws of this state shall also have the right to extend its line of railroad, to project and build branches, sidetracks and switches, to improve the same and to exercise the right of eminent domain in acquiring lands, right-of-way and other privileges therefor to the same extent as provided by law for the main line of such railroad.
History: Laws 1901, ch. 9, § 1; 1907, ch. 27, § 1; Code 1915, § 4737; C.S. 1929, § 116-706; 1941 Comp., § 74-217; 1953 Comp., § 69-2-17.
Cross references. — For eminent domain, see 42A-1-1 NMSA 1978.
Structure New Mexico Statutes
Chapter 63 - Railroads and Communications
Article 2 - Powers and Construction of Roads
Section 63-2-1 - [Corporate powers.]
Section 63-2-2 - Additional powers.
Section 63-2-4 - [Power to use highway, air and water transports; limitations.]
Section 63-2-5 - [Methods of exercising rights and powers.]
Section 63-2-6 - [Power to borrow, purchase and mortgage.]
Section 63-2-7 - [State lands; granting right-of-way over and right to appropriate water thereon.]
Section 63-2-8 - [Municipalities may grant use of streets.]
Section 63-2-9 - Location maps to be filed.
Section 63-2-10 - Commencement and completion of road.
Section 63-2-12 - [Aiding other roads; operating jointly; assent of stockholders.]
Section 63-2-13 - Corporate power under former acts.
Section 63-2-14 - [Extensions into other states; power to purchase, lease and sell.]
Section 63-2-15 - [Extensions, branches, sidings and switches of foreign companies; eminent domain.]
Section 63-2-18 - [Peace officers; appointment; bond; no authority in labor troubles.]