[Previous] [Next] [Up] [Top]
Section IX-6: Railroads as public highways - Offices - Meetings - Reports -
Enforcement.
Railroads heretofore constructed, or which may hereafter be
constructed in this State, are hereby declared public highways.
Every railroad or other public service corporation organized or
doing business in this State, under the laws or authority
thereof, shall have and maintain a public office or place in this
State, for the transaction of its business, where transfers of
stock shall be made, and where shall be kept, for inspection by
the stockholders of such corporation, books, in which shall be
recorded the amount of capital stock subscribed, the names of the
owners of stock, the amounts owned by them, respectively; the
amount of stock paid, and by whom; the transfer of said stock,
with the date of transfer; the amount of its assets and
liabilities, and the names and places of residence of its
officers, and such other matters required by law or by order of
the Corporation Commission. The directors of every railroad
company, or other public service corporation, shall hold at least
one meeting annually in this State, public notice of which shall
be given thirty days previously, and the president or
superintendent of every railroad company and other public service
corporation organized or doing business in this State, under the
laws of this State, or the authority thereof, shall report
annually under oath, and make such other reports as may be
required by law or order of the Corporation Commission, to said
Commission, their acts and doings, which report shall include
such matters relating to railroads and other public service
corporations as may be prescribed by law. The Legislature shall
pass all necessary laws enforcing, by suitable penalties, all the
provisions of this section.
[Previous] [Next] [Up] [Top]