Upon the filing of the return and the payment of charter fees required by Chapter 29 of Title 33 the Secretary of State shall issue to the board of directors a certificate, to be known as a charter, that the corporation has been fully organized, according to the laws of this State under the name and for the purpose indicated in the written declaration; that it is fully authorized to commence business under its charter; that it is a body politic and corporate and as such may sue and be sued in any of the courts of this State; and, in the case of a railroad corporation, that it is entitled to all the rights and privileges and subject to all the liabilities of railroad corporations under the laws of this State.
HISTORY: 1962 Code Section 58-660; 1952 Code Section 58-660; 1942 Code Section 8183; 1932 Code Section 8183; Civ. C. '22 Section 4363; Civ. C. '12 Section 2877; Civ. C. '02 Section 1921; 1899 (23) 64.
Structure South Carolina Code of Laws
Title 58 - Public Utilities, Services and Carriers
Chapter 15 - Railroad, Street Railway, Steamboat And Canal Companies
Section 58-15-20. Publication of notice of application.
Section 58-15-30. Opponents of application may appear; action on application.
Section 58-15-60. Organization of company.
Section 58-15-70. Filing and contents of incorporators' return.
Section 58-15-80. Effect of failure to file return within twelve months.
Section 58-15-90. Issuance of charter.
Section 58-15-100. Recordation and filing of charter and other documents.
Section 58-15-110. Effect of irregularity in incorporation.
Section 58-15-120. Incorporators shall turn over subscription lists and other papers to corporation.
Section 58-15-140. Capital stock shall not be issued until price paid; exception.
Section 58-15-150. Railroads may issue no par common stock.
Section 58-15-160. Manner in which charters may be amended.
Section 58-15-170. Stockholders' meeting shall authorize amendment.
Section 58-15-180. Stockholders' preemptive right.
Section 58-15-190. Duration of charters.
Section 58-15-200. Fees shall be paid into State Treasury.
Section 58-15-210. Charters subject to repeal, alteration or amendment.
Section 58-15-220. Reserved right of taxation.
Section 58-15-240. Fictitious increase of stock or indebtedness shall be void.
Section 58-15-250. Stockholder entitled to one vote for each share of stock held or owned by him.
Section 58-15-270. Stockholder's right to inspect books.
Section 58-15-410. Powers of canal companies.
Section 58-15-420. Rights to compensation for damages not affected.
Section 58-15-430. Canal companies may mortgage property and franchises and issue bonds.
Section 58-15-440. State may acquire property of canal companies.
Section 58-15-450. Transfer or other disposition of canal rights of State.
Section 58-15-610. Steamboat companies may exact tolls for use of wharves or landings.
Section 58-15-710. Bicycles and baby carriages deemed baggage.
Section 58-15-720. Toilet facilities.
Section 58-15-810. Protection of private crossings over railroads.
Section 58-15-820. Wilful obstruction of railroad or electric railway.
Section 58-15-830. Placing explosives on railroad rails.
Section 58-15-840. Taking or removing brasses, bearings, waste or packing from railroad cars.
Section 58-15-850. Breaking and entering or shooting into cars.
Section 58-15-860. Injuring or destroying electric signals or other structures or mechanisms.
Section 58-15-870. Injury to railroad or electric railway; penalties.
Section 58-15-880. Riotous or disorderly conduct on trains; ejection.
Section 58-15-890. Use in advertisement of cross usually used as crossing sign by railroads.
Section 58-15-900. Making, selling or purchasing duplicate railroad switch keys.
Section 58-15-910. Bell and whistle shall be installed on locomotives and sounded at crossings.
Section 58-15-920. Lien of judgments for certain injuries.
Section 58-15-930. Liability of railroads having relief departments.
Section 58-15-940. Fiscal year for railroads.
Section 58-15-950. Reports to conform to fiscal year.
Section 58-15-960. Time for filing annual reports.
Section 58-15-1110. Violation by railroads of Interstate Commerce Act shall be unlawful.
Section 58-15-1120. County where violation deemed committed.
Section 58-15-1130. Taking part in violations shall be unlawful.
Section 58-15-1140. Each violation shall constitute a separate offense.
Section 58-15-1510. Commission may provide rules and regulations with reference to crossing.
Section 58-15-1520. Investigation of crossings requiring overpass or underpass.
Section 58-15-1530. Payment of expense of elimination or relocation of grade crossings.
Section 58-15-1540. Eliminated crossings shall be closed.
Section 58-15-1610. Definitions.
Section 58-15-1620. Application of article.
Section 58-15-1625. Department of Transportation authorized to eliminate railroad grade crossings.
Section 58-15-1640. Procedure when agreement shall not be reached.
Section 58-15-1650. Railroad company may select materials; minimum standards.
Section 58-15-1660. Division of costs.
Section 58-15-1670. Specifications as to overhead bridges and approaches.
Section 58-15-1690. Time within which railroad shall commence work; effect of failure so to do.
Section 58-15-1700. Appeal to Commission and to court.
Section 58-15-1710. Direct appeal to court.
Section 58-15-1720. Construction pending appeal.
Section 58-15-1730. Continuance of crossings as private crossings.
Section 58-15-1740. Special agreements.
Section 58-15-1920. Necessity of work shall be determined by Department; notice to companies.
Section 58-15-1930. Apportionment of costs.
Section 58-15-1940. Grade separation structures to which article shall apply.
Section 58-15-1950. Appeal to Supreme Court; stay of construction.
Section 58-15-2110. Railroads shall construct and maintain grade crossings of highways.
Section 58-15-2130. Penalty for noncompliance.
Section 58-15-2140. Article shall not affect certain penalties.