Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
If a stockholder refuses to submit the question of the value of the stock to arbitration, as provided by section 4961.33 of the Revised Code, upon the application of a director of either of the companies parties to the contract, the proper judge shall appoint the arbitrators, who shall proceed to ascertain the value of the stock as if the question has been submitted by consent of both parties. If the party owning the stock refuses to receive the amount awarded him, the company may deposit it with the clerk of the court of common pleas of the county in which the arbitration is held, which deposit shall operate as if payment were made to the owner of the stock.
Structure Ohio Revised Code
Chapter 4961 | Special Powers of Railroads
Section 4961.01 | Tracks Maintained and Operated by Railroads.
Section 4961.02 | Electricity as Motive Power.
Section 4961.03 | Highway and Aerial Transportation Authorized.
Section 4961.04 | Terminus on State Line.
Section 4961.05 | Changes of Line or Termini.
Section 4961.06 | Mortgage on Changed Line of Railroad.
Section 4961.07 | Route May Be Changed.
Section 4961.08 | Damages for Diversion.
Section 4961.09 | Change of Location or Grade.
Section 4961.10 | Appropriation of Land to Make Change.
Section 4961.11 | Damages by Change After Completion.
Section 4961.12 | Construction of Branch Road.
Section 4961.13 | Right of Entry.
Section 4961.15 | Company May Acquire Lands.
Section 4961.151 | Validity of Deeds.
Section 4961.16 | Appropriation of Easement.
Section 4961.17 | Submission of Plans to Legislative Authority.
Section 4961.18 | Authorization of Extension of Line.
Section 4961.19 | Diversion of Road or Stream.
Section 4961.20 | Construction of Bridges - Use as Toll Bridges.
Section 4961.25 | Companies Must Use Same Bridge.
Section 4961.26 | Petition - Contents.
Section 4961.27 | Directors May Receive Subscriptions in Installments.
Section 4961.28 | Conditional Subscriptions.
Section 4961.29 | Subscription to Aid Another Company.
Section 4961.30 | Lease or Purchase of Another Railroad.
Section 4961.31 | Noncompetitive Companies May Make Beneficial Arrangements.
Section 4961.32 | Procedure for Aid, Lease, and Purchase.
Section 4961.33 | Dissenting Stockholder May Sell Stock.
Section 4961.34 | Court May Appoint Arbitrators.
Section 4961.35 | Notice of Application.
Section 4961.36 | Lease of Railroad - Security Required.
Section 4961.37 | Lessor and Lessee Jointly Liable.
Section 4961.38 | Dissolution of Certain Companies.
Section 4961.39 | Lease of Right of Way to Be Recorded.
Section 4961.40 | Owner of Land Leased for Right of Way Not to Be Taxed.