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Terms Used In New Hampshire Revised Statutes 367:27

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • petition: when used in connection with the equity jurisdiction of the superior court, and referring to a document filed with the court, shall mean complaint, and "petitioner" shall mean plaintiff. See New Hampshire Revised Statutes 21:51
  • petitioner: shall mean plaintiff. See New Hampshire Revised Statutes 21:51
If any stockholder in a railroad corporation which has voted to build an extension or branch, or which has become a party to a lease or to a contract of union under the provisions of this chapter, shall dissent from the building of such extension or branch, or from such lease or union, the corporation in which he is a stockholder in the case of building an extension or branch or of a lease, or the new corporation in case of union, may apply by petition to the superior court, setting forth the action of the corporation in respect to the matter dissented from, the names and residences of all the stockholders of the petitioning corporation, so far as known, designating those who have assented to the action taken, those who have dissented therefrom, and those who have not expressed their assent or dissent, and praying that the court may determine the value of the stock, interest or property right taken of dissenting stockholders, or of any stockholder who may be entitled to have the value of his stock, interest of property right taken, determined, and for such other relief as the petitioner may desire.