Massachusetts General Laws ch. 160 sec. 3 – Application
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Section 3. Railroad corporations established in the commonwealth shall be subject to this chapter and chapter one hundred and fifty-nine which, so far as inconsistent with charters granted since March eleventh, eighteen hundred and thirty-one, shall be an alteration and amendment thereof; but this section shall not impair the validity of any special power heretofore conferred by charter or other special act upon a particular railroad corporation which had exercised such power before February first, eighteen hundred and seventy-five, or prevent the continued exercise thereof conformably, so far as may be, to this chapter and chapter one hundred and fifty-nine.
Terms Used In Massachusetts General Laws ch. 160 sec. 3
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.