Missouri Laws 391.060 – Operating arrangements with interurban railroad
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Terms Used In Missouri Laws 391.060
- 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.
- hereafter: means the time after the statute containing it takes effect. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
Any corporation now or which may hereafter be incorporated under any general or special law of this state and operating a street railroad shall have the right to effect operating arrangement with any interurban railroad connecting therewith, which shall include the right to purchase bonds and to guarantee the bonds of any such interurban railroad company.