Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
The articles of incorporation of a union terminal company, referred to by section 4953.01 of the Revised Code, shall specify:
(A) The name assumed by such company;
(B) When two or more of the incorporators are presidents of railroad companies, the names of such companies;
(C) The municipal corporation or township in which depot, terminals, connection tracks, structures, and facilities to be operated in connection with such company are to be constructed;
(D) The amount of capital stock necessary to obtain a site and to construct, maintain, and operate such depot, terminals, tracks, and other structures.
Structure Ohio Revised Code
Chapter 4953 | Transportation Terminal Companies
Section 4953.01 | Powers of Union Terminal Companies.
Section 4953.02 | Articles of Incorporation.
Section 4953.03 | Recording - Privileges.
Section 4953.04 | Restrictions for Union Terminal Company Service.
Section 4953.05 | General Corporation Laws Apply.
Section 4953.06 | Board of Directors.
Section 4953.07 | Bylaws, Rules, and Regulations.
Section 4953.08 | Proportionate Use and Liability - Grant for Use of Streets, Alleys, and Roads.
Section 4953.09 | Power to Borrow Money and Mortgage Property.
Section 4953.10 | Liability of Company.
Section 4953.11 | Detention Upon Probable Cause by Officer or Agent of Union Terminal Company.
Section 4953.12 | Protection of Property - Duties of Employees.
Section 4953.13 | Union Electric Interurban Terminal and Depot Company.