Kansas Public Utilities and Railroad Law Relative to the Public Utilities Commission

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919. Excerpt: ... Duration And Existence Of Certain Corporations. 380. Whereas, Doubts have arisen as to the term of the duration and existence of divers railroad corporations chartered by those special acts of the legislature of the territory of Kansas wherein such term is not specifically fixed, and it is deemed expedient to remove such doubts by appropriate declaratory legislation: therefore, Be it enacted by the Legislature of the State of Kansas: The term and duration and existence of any railroad corporation organized under and by virtue of any of those special acts of the legislature of the territory of Kansas wherein the term of such duration and existence is not specifically fixed, and now owning or operating a line of railroad, and who shall by a vote of its board of directors at some special or regular meeting thereof hereafter held signify its acceptance by rsolution of.the provisions of this act, and shall file a copy of said resolution with and in the office of the secretary of state of the state of Kansas on or before the 1st day of June, 1879, shall be held and construed to continue for the term of ninety-nine years from the time of the taking effect of the special act under which such railroad corporation was organized; and the change of name of any such corporation, made under the provisions of law, shall in no wise affect its rights under this act; provided, however, that none of said railroad corporations who shall fail, neglect or refuse, by the adoption of such vote and resolutions of its board of directors, to accept the provisions of this act by the 1st day of June, 1879, and file the same with the secretary of state by the time aforesaid, shall have any of the benefits of this act whatever; and provided further, that nothing in this act shall be co...