CHAPTER 11. EXTENSION OF RAILROAD FRANCHISE

IC 8-4-11
    Chapter 11. Extension of Railroad Franchise

IC 8-4-11-1
Authority to construct and operate
    Sec. 1. Any railroad company organized under any general law ofthis state is hereby empowered to extend its road, from time to time,beyond either terminus fixed in its articles of association, and toconstruct, or cause to be constructed, to own and operate suchextension or extensions, in the same manner, and to the same extent,as if such extension or extensions had been included between thetermini named in its original articles of association: Provided,however, That before any such extension or extensions arecommenced, the same shall be authorized by resolutions adopted bythe holders of a majority, in value, of the capital stock of thecompany proposing to extend its road, and such resolutions shallspecify the point from and the point to which such extension is to bemade, and the township or townships and county or counties into orthrough which the same is to be constructed; and a copy of suchresolution, signed by the president and attested by the secretary ofsaid company, under its corporate seal, shall be filed in the office ofthe secretary of state of this state.
(Formerly: Acts 1879, c.28, s.1.)

IC 8-4-11-2
Eminent domain
    Sec. 2. Any railroad company extending its line under theprovisions of this chapter may acquire right of way and otherproperty, by condemnation or otherwise, in the same manner andwith the same effect as if such extension had been included withinthe original articles of association of such company.
(Formerly: Acts 1879, c.28, s.2.) As amended by P.L.62-1984,SEC.60.