S.C. Code § 58-17-640

Current through 2024 Act No. 225.

Section 58-17-640 - New charter shall be issued to consolidated company; no additional fee shall be charged

When railroad companies are consolidated under the provisions of this article a charter of incorporation for the new company so formed by such consolidation shall be issued to the owners and stockholders of the companies so consolidating or to such of them as the stockholders of each of such companies shall designate. Only the fees provided by law for consolidation shall be charged and no additional fee shall be charged for any such charter.

1901 (23) 717; R. S. 1615; G. S. 1425; Civ. C. '02 Section 2050; Civ. C. '12 Section 3125; Civ. C. '22 Section 4794; 1932 Code Section 8230; 1942 Code Section 8285; 1952 Code Section 58-923; 1962 Code Section 58-923.