reglab/housing_qa huggingface dataset:
IN Code § 8-4-2-5 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 2. Amending Articles of Incorporation in Railroad Companies|8-4-2-5. Defending Shareholders; Payment; Resubmission of Proposed Amendment

Sec. 5. (a) If any shareholder of any such corporation who did not vote in favor of such amendment at the meeting at which the amendment was adopted by the shareholders of such corporation, shall, at any time within thirty (30) days after such adoption of the amendment by such shareholders, object thereto in writing and demand payment of the value of his shares, the corporation shall, in the event that the amendment shall be made effective, and in the event that the amendment is of such a nature that its adoption without his consent and without giving him a remedy would unconstitutionally deprive him of rights, pay to such shareholder, upon surrender of his certificates therefor, the value of such shares on March 9, 1939, which shall be the date the certificate required in section 4 of this chapter, shall be filed in the office of the secretary of state. If before April 9, 1939, the value of such shares is agreed upon between the shareholder and the corporation, as the case may be, payment therefor shall be made before June 8, 1939. If, before April 9, 1939, the corporation and the shareholder do not so agree, either such corporation or the shareholder may, before June 8, 1939, petition the circuit or superior court of the county in which the principal office of the corporation is located, to appraise the value of such shares; and payment of the appraised value thereof shall be made within sixty (60) days after the entry of the judgment or order finding such appraised value. The practice, procedure, and judgment in the circuit or superior court upon such petition shall be the same, so far as practicable, as that under the eminent domain statutes in this state.(b) Upon March 9, 1939, any shareholder who has made such objection and demand shall cease to be a shareholder and shall have no rights with respect to such shares except the right to receive payment therefor. Every shareholder who did not vote in favor of such amendment and who does not object in writing and demand payment of the value of his shares at the time and in the manner aforesaid, shall be conclusively presumed to have assented to such amendment, if he does not within six (6) months thereafter, in a court of competent jurisdiction, question such action.(c) After April 8, 1939, the board of directors of the railroad company may, in its discretion, resubmit the amendment, or any other amendment, to a meeting of the stockholders of said company, in the same manner as is provided in sections 1 and 2 of this chapter, before filing in the office of the secretary of state the certificate provided in section 4 of this chapter, and shall file such certificate only upon receiving again the affirmative vote required in section 4 of this chapter.Formerly: Acts 1933, c.101, s.4a; Acts 1939, c.65, s.4. As amended by P.L.62-1984, SEC.45.
IN Code § 8-4-2-6 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 2. Amending Articles of Incorporation in Railroad Companies|8-4-2-6. Stock Without Par Value; Payment in Full

Sec. 6. Any such company authorized by its articles of association or consolidation to have shares of capital stock without par value, may from time to time, issue and sell or otherwise dispose of any such shares for such consideration as may be provided for in said articles, or as may be fixed by the board of directors, pursuant to authority conferred by said articles. When the consideration for which any such shares was authorized to be issued shall have been received by the company, such share shall be deemed to be fully paid and nonassessable.Formerly: Acts 1933, c.101, s.5.
IN Code § 8-4-3-1 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 3. Size of Board of Directors|8-4-3-1. Election

Sec. 1. The stockholders of any railroad company incorporated in this state before May 6, 1853, or that may be incorporated after May 6, 1853, may, by the vote of a majority in interest of the stockholders of such company, at any annual or other meeting thereof, determine that the directors of said company shall consist of any number not less than five (5) nor more than thirteen (13), who shall be chosen from any of the stockholders; and thereafter such company may elect from any of its stockholders the number of directors it has fixed and determined upon, in the same manner and with the same effect as if this section was contained in the original statute incorporating such company.Formerly: Acts 1852, 1RS, c.85, s.2. As amended by P.L.62-1984, SEC.46.
IN Code § 8-4-4-1 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 4. Term of Office of Directors|8-4-4-1. Term of Office; Termination at Election

Sec. 1. It shall be lawful for the board of directors of any railway company whose road passes through this state into adjoining states, by lot or otherwise, to so classify the members thereof, that one-fourth (1/4) (as near as may be) shall terminate their official terms as directors at the first annual election thereafter, and one-fourth (1/4) at each subsequent election; and after being thus classified, the stock and bondholders shall elect only the number of the board of directors necessary to fill the vacancies created by the expiration of the period of services fixed as aforesaid.Formerly: Acts 1869(ss), c.50, s.1.
IN Code § 8-4-5-1 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 5. Consolidation of Railroad Companies|8-4-5-1. Common Name; Adoption

Sec. 1. Whenever two (2) or more railroad companies have heretofore become associated, or shall hereafter become associated, in jointly making or running their roads under any contracts formed or to be formed by such companies, and desire to assume one (1) common name, it shall and may be lawful for such companies, by resolution of their respective boards of directors, entered upon their records, to adopt such name as shall be agreed upon.Formerly: Acts 1853, c.84, s.1.
IN Code § 8-4-5-2 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 5. Consolidation of Railroad Companies|8-4-5-2. Common Name; Powers and Duties; Construction and Maintenance

Sec. 2. It shall be the duty of said companies, upon the adoption of such common name, to cause a copy of the resolution of such boards to be recorded in the recorder's offices of the different counties through which the road of said companies may run or be located; and thereafter, during the term of such association, such companies may have and use a common seal, contract and be contracted with, sue and be sued by such adopted name, in any and all matters relating to such union road; and shall have full power, by such association, to locate, construct, keep up, change, repair, and operate such union road as, by their respective charters and amendments to such charters, they are allowed to do; provided, however, that nothing in this chapter contained shall be construed to abridge such companies of any of the powers and franchises belonging to them by their respective incorporation statutes and amendments to such statutes; and, provided, further, that nothing contained in this chapter shall be construed to prevent said companies from suing and being sued in their original corporate names, for all rights accrued and for all liabilities incurred before the adoption of such common name.Formerly: Acts 1853, c.84, s.2. As amended by P.L.62-1984, SEC.47.
IN Code § 8-4-6-1 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 6. Changing Names of Railroads|8-4-6-1. Resolution

Sec. 1. Railroad companies desiring so to do may change their name by resolution of their boards of directors duly entered upon their records, and, in so doing, may adopt such name as may be agreed upon by the board.Formerly: Acts 1853, c.83, s.1. As amended by P.L.3-1989, SEC.62.
IN Code § 8-4-6-2 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 6. Changing Names of Railroads|8-4-6-2. Resolution; Recordation and Publication

Sec. 2. It shall be the duty of said board to cause a copy of the resolutions changing the name of their road as above provided, to be recorded in the office of the recorder of the several counties through which the road may run, and also to give notice thereof by publication in some newspaper of general circulation in this state.Formerly: Acts 1853, c.83, s.2.
IN Code § 8-4-6-3 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 6. Changing Names of Railroads|8-4-6-3. Survival of Actions and Proceedings

Sec. 3. The change of name as provided in this chapter shall not be construed to deprive any company of any of the powers and franchises granted to it by the original incorporation statute or amendments thereto; nor shall anything in this chapter be so construed as to prevent any company changing its name from suing or being sued in its original name for all rights and liabilities which may have accrued previous to changing its name.Formerly: Acts 1853, c.83, s.3. As amended by P.L.62-1984, SEC.48.
IN Code § 8-4-7-1 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-1. Authority for Formation

Sec. 1. Where two (2) or more railroad companies own or operate railroads extending into, through or near the same city or town, such companies, or any two (2) or more of them, may form a union railway corporation, according to this chapter.Formerly: Acts 1885, c.20, s.1. As amended by P.L.136-2018, SEC.88.
IN Code § 8-4-7-2 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-2. Capitalization; Certificate of Incorporation

Sec. 2. The railroad companies uniting in the formation of such corporation are designated as proprietary companies, and shall make a certificate of incorporation, in which they shall specify the name of the company to be incorporated under the certificate of incorporation, the amount of the capital stock of such company, the number and the par value of the shares into which it shall be divided, the aggregate amount of the par value of the shares of each proprietary company, the county or counties in which said union railway shall be situated, with the name of the town or city within or near which said union railway is to be constructed.Formerly: Acts 1885, c.20, s.2. As amended by P.L.136-2018, SEC.89.
IN Code § 8-4-7-3 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-3. Certificate of Incorporation; Powers and Duties

Sec. 3. Such certificate of incorporation shall be signed by the president or vice president and attested by the secretary of each of said proprietary companies, and shall be sealed with its corporate seal, and shall be acknowledged by the respective companies by their said officers, before some person authorized to take and certify the acknowledgments of conveyances of real estate, and shall be filed and recorded in the recorder's office of the county or counties in which said union railway company may be situated; and upon the filing of such certificate as aforesaid, the union company so formed shall be a corporation of this state, with all the powers incident thereto, and such other powers as are conferred by this chapter.Formerly: Acts 1885, c.20, s.3. As amended by P.L.62-1984, SEC.49.
IN Code § 8-4-7-4 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-4. Directors; Numbers; Acquisition of Property

Sec. 4. The board of directors of any such union company shall consist of not less than one (1) representative for each of the proprietary companies to be selected by the respective companies which they are to represent: Provided, That the board may increase the number of directors by fixing the additional equal number of representatives to be selected for each proprietary company, and any successor in interest to one or more original proprietary companies shall be entitled to select the number of representatives so provided for each such company. And such board of directors shall have power to construct, maintain and operate such union railroad, to regulate the use of its depots, stations, structures, appliances and facilities, and to regulate the time and manner in which engines, cars and other rolling stock shall pass or be hauled over its tracks, and the tolls, charges or compensation to be paid therefor.Formerly: Acts 1885, c.20, s.4; Acts 1959, c.28, s.1.
IN Code § 8-4-7-5 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-5. Stock Certificates; Proprietary Companies

Sec. 5. The interest of each proprietary company in the union company in its capital stock and in its property and effects of every kind shall be deemed an appurtenance to the railroad of such proprietary company, and shall not be transferable or alienable otherwise than with and as a part of the railroad of such proprietary company. The union company shall issue to each proprietary company a certificate or certificates setting forth the interest or stock of such proprietary company in such union company, but such certificate shall express upon its face that it is not transferable, except as appurtenant to the railroad of such proprietary company.Formerly: Acts 1885, c.20, s.5.
IN Code § 8-4-7-6 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-6. Belt Railroad; Operation

Sec. 6. Any such union railway company may, as owner or lessee thereof, operate any belt railroad extending around, or partly around, the town or city in or near which such union railway may be situated, the track of which belt road connects with the track of said union railway company, or with the track of any of its proprietary companies, to the end that such town or city may be relieved, as far as practicable, of the passage through it of through freight cars and through freight trains.Formerly: Acts 1885, c.20, s.6.
IN Code § 8-4-7-7 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-7. Acquisition of Property; Eminent Domain

Sec. 7. Any such union railway company may erect, construct, rebuild and replace, in connection with its tracks, union depots, car sheds and such other structures and appliances as the company may deem necessary to facilitate the transaction of its business, and the business of its proprietary companies and of other railroad companies whose tracks may connect therewith, and which may acquire from such union railway company the right to use said union tracks and their appliances. And such union company shall also have power to locate, construct, rebuild, keep up, change and repair such union railroad and its tracks, side-tracks, switches, depots, sheds and other structures and appliances, and to take conveyances and releases in fee simple or otherwise of rights of way and of such real estate as it may deem necessary for the purposes aforesaid, and may condemn, in fee simple or otherwise, so much real estate and such rights of way as it may deem necessary for the purposes aforesaid, or any of them; also, to construct, own, maintain and operate union passenger stations, local freight stations, transfer and connecting tracks, between the property of such union company and property and tracks of other railroad companies.Formerly: Acts 1885, c.20, s.7.
IN Code § 8-4-7-8 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-8. Eminent Domain; Application of Law

Sec. 8. The condemnations authorized in section 7 of this chapter may be made according to:(1) the provisions of the charter of any or either of the proprietary companies;(2) the general railroad law of Indiana in effect at the time that provides for the condemnation of real estate for railroad purposes; or(3) IC 32-24-1.Formerly: Acts 1885, c.20, s.8. As amended by P.L.62-1984, SEC.50; P.L.2-2002, SEC.41.
IN Code § 8-4-7-9 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-9. Financing of Operation; Loans and Bond Issues

Sec. 9. Any such union railway company shall have power to borrow money for the purpose of raising means to carry out the powers conferred by this chapter, and may issue coupon or other bonds payable to bearer, bearing interest not exceeding the highest contract rate of interest which may be allowable in this state at the time, such interest to be payable semiannually, and such company may also mortgage its franchises, property, and revenues of every kind then owned or subsequently to be acquired to secure the payment of such loan and interest or of such bonds and interest.Formerly: Acts 1885, c.20, s.9. As amended by P.L.62-1984, SEC.51.
IN Code § 8-4-7-10 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-10. Vacation of Street or Alley

Sec. 10. (a) If any union railway company in carrying out the powers granted by this chapter considers it necessary that any part of a street, avenue, or alley in a town or city in which the union railway is situated should be vacated, it is lawful for the executive and legislative body of the town, or the legislative body of the city, as the case may be, to vacate any part of any street, avenue, or alley of the town or city for the purposes of this chapter.(b) As a basis of the vacation, the union railway company shall present to and file with the proper municipal body or bodies of the town or city its petition, setting forth a description of the part of the street, avenue, or alley proposed to be vacated, and the purpose for which the ground is proposed to be used. There must be appended to the petition, as a part of the basis of the vacation, the written consent to the granting of the prayer of such petition of the owners in fee simple of more than one-half (1/2) of the real estate fronting on both sides of the street or alley, which, or part of which, is proposed to be vacated, estimated by the frontage in feet upon the street or alley, commencing at a line drawn across the street or alley equidistant from the termini of that portion of the street or alley proposed to be vacated, and extending along the street or alley from the line one thousand five hundred (1,500) feet in each direction, unless the street, avenue, or alley is not continuous in either direction from the line one thousand five hundred (1,500) feet, in which case, the consent of owners shall only be required for the distance that it is continuous.(c) Before granting the prayer of the petition, the municipal body or bodies shall ascertain and determine that the consent of the owners of the requisite number of front feet has been obtained and the finding shall be made a matter of record, and is conclusive of the facts so found in all collateral proceedings.(d) Before the petition is presented, twenty (20) days notice shall be given by the union railway company, by publication, by three (3) insertions in two (2) newspapers of general circulation printed and published in the town or city in which the union railway may be situated, setting forth that on a day, to be named in the notice, or at the next meeting thereafter of the municipal body or bodies, a petition for the vacation of the portion of the street or alley in question, describing it, will be presented to the municipal body or bodies for action.Formerly: Acts 1885, c.20, s.10. As amended by P.L.62-1984, SEC.52; P.L.8-1989, SEC.50; P.L.136-2018, SEC.90.
IN Code § 8-4-7-11 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-11. Joint Use of Facilities and Equipment

Sec. 11. Any such union railway company may, by agreement in writing with any railroad company not being one of said proprietary companies, and owning or operating a railroad which extends to, into, through or near the town or city in or near which such union railroad is or may be situated, admit said last-mentioned railroad company to such use of the tracks, side-tracks, switches, depots, depot grounds, yards, sheds and other structures or railroad facilities and appliances (including the use of its belt railroad and belt railroad facilities, if any) during such time, on such terms and conditions, and for such compensation or rent as may be agreed upon. The right of any associate company to continue in the use and enjoyment of the property and facilities of the union company may be made to depend upon the faithful performance of such terms and conditions by such associate company as may be inserted in said agreement. The companies which may be so admitted are herein designated as associate companies: Provided, That no such associate company shall be admitted to the use of the property and facilities of such union railway company except upon the unanimous vote of the directors of such union company.Formerly: Acts 1885, c.20, s.11.
IN Code § 8-4-7-12 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-12. Directors, Officers, and Employees

Sec. 12. The board of directors of any such union railway company shall annually elect a president, a vice-president, a secretary and a treasurer, who shall serve for one (1) year, and until their successors are elected. Any general officer of either of the proprietary companies shall be eligible as president. The vice-president, secretary and treasurer need not necessarily be an officer of one of said proprietary companies.Formerly: Acts 1885, c.20, s.12.
IN Code § 8-4-7-13 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 4. Organization and Operation of Railroads|Chapter 7. Incorporation of Union Railway Companies|8-4-7-13. Board of Managers; Associate Companies

Sec. 13. It shall be competent for the board of directors of such union railway company to organize a board of managers, to consist of a representative from each proprietary company, as well as a representative from each associate company previously admitted, such representatives to be selected by the respective companies which they are to represent, and the president of the union railway company shall be ex officio president of such board. As associate companies are from time to time admitted to the use of the union railway property and facilities, as aforesaid, they shall each become entitled to have a representative on said board of managers; but after such board of managers shall have been organized, other associate companies shall only be admitted as aforesaid with the unanimous consent of all the members of such board of managers.Formerly: Acts 1885, c.20, s.13.