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Terms Used In Vermont Statutes Title 5 Sec. 3531

  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Person: means an individual, firm, partnership, corporation, company, association, joint stock association, or body politic, including a trustee, receiver, assignee, or other similar representative. See

§ 3531. Proceedings in Superior Court respecting damages

When a railroad corporation requires for roadway or building materials land, the owner of which is unknown, or where there are conflicting claims to the title, or where such land is encumbered by mortgages, attachments, or the levy of execution, or otherwise, after having the damages appraised by the commissioners, such corporation may apply by petition to a Superior judge who, in his or her discretion, may order the damages awarded by the commissioners to be deposited with the Clerk of the Court, or in a bank in the county where the land lies, subject to the order of such person as the Superior judge decides is entitled to the same, or subject to the future order of the Superior judge.