Effective: October 1, 1953
Latest Legislation: House Bill 1 - 100th General Assembly
That part of the railroad of a consolidated or surviving railroad company located in this state, and all its real and personal property in this state, shall be listed for taxation and taxed in the same manner as the railroad and property of other railroad companies in this state. To ascertain the proportion of the rolling machinery subject to taxation here, the officer listing it shall ascertain the value of all the rolling machinery of the company, and return a sum bearing such proportion to the value of the whole, as the length of such railroad in this state bears to the length of the whole railroad.
Structure Ohio Revised Code
Chapter 4967 | Consolidation of Railroads
Section 4967.01 | Companies May Consolidate.
Section 4967.02 | Consolidation or Merger of Railroad Companies.
Section 4967.03 | Merger With Other Railroad Companies.
Section 4967.04 | Agreement of Consolidation or Merger.
Section 4967.10 | Relief for Dissenting Shareholder.
Section 4967.12 | Property of Old Companies Vests in New - Rights of Creditors Not Impaired.
Section 4967.13 | Disposition of Stocks and Bonds Acquired Upon Consolidation or Merger.
Section 4967.14 | Consolidated Company May Issue Stock in Lieu of Purchase Money.
Section 4967.15 | Property of Company Acquired by Purchase Vested in Consolidated Company.
Section 4967.16 | Effect of Consolidation.
Section 4967.17 | Principal Office.
Section 4967.18 | Taxation of Property of Railroad Located in This State.
Section 4967.19 | Actions Against New Company.
Section 4967.20 | Proof of Charters Not Required.
Section 4967.21 | Two or More Companies Owning a Road May Divide and Dispose of It.
Section 4967.22 | Proceedings When Companies Cannot Agree on a Division.
Section 4967.23 | Cost of Improvements.
Section 4967.24 | Partition Not Compulsory.
Section 4967.25 | Company Selling Interest May Purchase or Condemn Land Along Route.