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TABLE OF CONTENTS.
CHAPTER I.
LEGAL STATUS OF RAILROADS.
SECTION I.
As public highways....
II. Not necessarily the work of corporations....
III. Not, ordinarily, monopolies in law..
IV. Legal status of railroads as property...
CHAPTER II.
THE CHARTER.
SECTION I. Its emanation and legal character...
II. Acceptance thereof.....
PAGE.
1
8
9
12
18
VIII. Construction of-power to make and sell obliga-
tions....
33
IX. Benefits of, not affected by a general law..
X. Abandonment of.....
37
38
III. Contracts in view of organization....
IV. The corporation is a private one.
V. The corporation is a legal person..
VI. Corporate residence and citizenship.
VII. Its corporate franchises and capacity..
VIII.
Power to hold lands..........
IX. Power to sell corporate property and franchise..
58
63
64
72
78
79
X. Power to operate outside of charter purposes... 79
XI. Suits against, to enforce corporate duty.
XII.
Answer of corporation......
XIII. Inter-state privileges and liabilities......
XIV. Proceedings against, by quo warranto.
XV. May be a railroad corporation and yet include
SECTION I. What it is-How raised-Ownership of shares..
II. Ordinary subscription thereto.....
III. Conditional subscription..
IV. Municipal and county subscription..
V. Special subscriptions....
81
VI. An agreement to subscribe is not a subscription 147
VII. Release of subscription to capital stock........ 147
VIII. Assessment of, and remedy for non-payment of
XII. Stocks held in trust, and dividends thereon..... 169
-Limitation.....
XIII. Dividends ordinarily, and to whom they belong
XIV. Pledges of capital stocks..
170
173
XV. Transfer of capital stocks..
.. 175
XVI. Enlargement of original amount of capital stock. 180
XVII. Fraudulent certificates of capital stock
.. 182
XVIII. Bonds convertible into capital stock...
XIX. Sale of capital stock under void decree..
184
XX. Interest may be paid on capital stock.....
185
XXI. Subscription to capital stock by an infant...... 185
XXII. Subscription by one person in the name of another 187
XXIII. Power of company to buy its own stock........ 187
XXIV. Right of stockholders to pro rata shares of new
stock issued.....
.. 188
CHAPTER V.
STOCKHOLDERS.
SECTION I. Meetings of stockholders, general and special,
IV.
189
191
192
Their right to pledge and mortgage stock..... 194
V. Right of pledgee or mortgagee of stock to vote. 194
VI. Right of trustee to vote stock held in trust.... 196
VII. Elections by stockholders....
IX. Evidence of stockholders.....
Admissions of stockholders.
X.
197
199
Release of stockholders' subscription......... 200
XI. Actions against stockholders for calls of stock.. 201
XII. Personal liability of stockholders for corporate
debts......
202
XIII. Suits against stockholders for corporate debts.....203
XIV. Effect of consolidation on rights of stock-
holders.....
206
XV. Right of stockholder to dividends of stock.... 207
XVI. Ratification of acts of stockholders' irregular
meeting......
.. 208
XVII. Right of stockholders to new issues of stock... 208
III. Their meetings and place of meeting, and busi-
211
ness quorum......
IV. Their proceedings not void for want of record
thereof....
212
V. Stockholders chargeable with knowledge of their
action......
... 212
... 213
VI. They may not be concerned in contracts for
construction........
VII. They may not make advantage to themselves
against the interest of the company or credit-
ors......
.. 214
VIII. They have no power, unless expressed, to increase
capital stock.....
... 217
IX. When incompetent as witnesses for the company 218
X. Directors need not be stockholders, ordinarily.. 218
XI. They are trustees for the holders of the stock
233
236
V. The law of the contract...
VI. Authority to compromise..
VII. May make bonds and mortgages--Effect thereof. 237
VIII. May guarantee bonds of other companies.............. 263
IX. Fraudulent issue or guaranty of railroad bonds.. 265
X. Pledge and redemption of railroad mortgages and
bonds.....
XI. Foreclosure and sale.
266
267
IV. Donations to secure or influence choice of routes 280
III. For what purpose and against what property it
may be enforced.....
291
IV. How inchoate rights are affected by its enforce-
ment.....
299
V. For what, when taken, the property may be used 300
VI. Compensation for what is taken.
... 301
II. Obtainable by assessment-Effect thereof; and
right of the company to abandon....
322
III. When the right vests in the company......
IV. Tenants in common-Of the entirety; estates in
remainder; landlord and tenant...................
333
335