State Codes and Statutes

Statutes > New-york > Rrd > Article-5 > 186

§  186.  Corporate  rights  saved in case of failure to complete road;  right  to  operate  branches;  conditions;  former  consents   ratified;  limitations.  The corporate existence and powers of every street surface  railroad  corporation, which has completed a railroad upon a substantial  portion of the route designated in its certificate of incorporation,  or  of  extension, within ten years from the date of filing such certificate  in the office of the department of state, and which was  operating  such  completed  portion  of  its  railroad  on the twenty-third day of March,  nineteen hundred and twelve, and had operated  a  portion  of  the  same  continuously for a period of five years immediately preceding said date,  shall  continue  as to the completed portion of said road only with like  force and effect, as though it had in all  respects  complied  with  the  provisions  of  law with reference to the time when it should have fully  completed its road, or such extension. Every such corporation shall have  the right to operate any extensions and branches of  its  railroad,  now  constructed  and  operated  by  it,  which  had  been so constructed and  operated by it, for a period of ten  years  immediately  preceding  said  twenty-third  day of March, nineteen hundred and twelve, with like force  and effect, as though the route of such  extensions  and  branches  were  designated in its certificate of incorporation.    But  every  such  street surface railroad corporation is authorized to  operate such railroad and  any  extensions  or  branches  thereof,  upon  condition  that  it  has heretofore obtained, or shall hereafter obtain,  the consent of the local authorities having the control of that  portion  of  the  streets,  avenues or highways included in such railroad, or any  extension or branch thereof, to the construction and  operation  of  the  same,  and  also  upon  the condition that it has heretofore obtained or  shall hereafter first obtain the consent of the owners  of  one-half  in  value  of the property bounded on the portion of the streets, avenues or  highways included in the route of such railroad, or  any  extensions  or  branches  thereof,  to the construction and operation of the same, or in  case the consent of such  property  owners  can  not  be  obtained,  the  appellate  division of the supreme court of the department in which such  railroad or any extension  or  branch  thereof  is  located,  may,  upon  application,  appoint  three  commissioners who shall determine, after a  hearing of all the parties interested, whether such railroad ought to be  constructed or operated,  and  their  determination,  confirmed  by  the  court,  may  be taken in lieu of the consent of the property owners.  If  any street surface railroad corporation shall  have  made  and  filed  a  statement  or  statements of proposed extensions or branches embracing a  line from the boundary of a city or village to the boundary  of  another  city  or  village  generally  parallel  with  the route specified in its  certificate  of  incorporation  and  generally  distant  not  more  than  one-half  mile  therefrom, and shall have made and filed an agreement of  consolidation with some other street surface railroad corporation formed  to build a street railroad upon a route continuous  or  connecting  with  one  or  more of the routes described in such statement or statements of  proposed extensions or branches, and thereafter there  shall  have  been  constructed  and  operated  for  a period of four years a street surface  railroad from such city or village to such other city or village upon  a  line  embraced  in  any  such  proposed  extensions  or  branches,  such  consolidated corporation may relinquish and  abandon  any  unconstructed  route or unconstructed portions of route specified in the certificate of  incorporation or in any statements or proposed extensions or branches of  such  first  mentioned  corporation  by  filing  in  the  office  of the  department of state a copy of a resolution of the board of directors  of  such  consolidated corporation certified by its president and secretary,  declaring such unconstructed route or unconstructed  portions  of  routerelinquished  or  abandoned,  and thereupon the corporate rights, powers  and franchises of such consolidated corporation shall  be  and  continue  the  same as though the certificate of incorporation of such constituent  corporation  had  specified  the  constructed  and not the unconstructed  portions of  such  route  and  proposed  extensions  and  branches.  All  consents  given,  or grants made by local authorities having the control  of the portion of any street, avenue or highway included in the route of  such railroad, or any extensions or branches thereof, to any such street  surface railroad corporation,  prior  to  March  twenty-third,  nineteen  hundred  and  twelve,  are  hereby  ratified  and confirmed and declared  valid.   This  section  shall  not  apply  to  or  affect  any  railroad  corporation  in  the  city of New York; nor any special grant made to or  authority conferred upon any street surface railroad corporation by  any  law  of  this  state;  nor any litigation pending on March twenty-third,  nineteen hundred and twelve; nor shall it impair rights, privileges,  or  franchises  existing  on  said  date  of  any  street  surface  railroad  corporation.

State Codes and Statutes

Statutes > New-york > Rrd > Article-5 > 186

§  186.  Corporate  rights  saved in case of failure to complete road;  right  to  operate  branches;  conditions;  former  consents   ratified;  limitations.  The corporate existence and powers of every street surface  railroad  corporation, which has completed a railroad upon a substantial  portion of the route designated in its certificate of incorporation,  or  of  extension, within ten years from the date of filing such certificate  in the office of the department of state, and which was  operating  such  completed  portion  of  its  railroad  on the twenty-third day of March,  nineteen hundred and twelve, and had operated  a  portion  of  the  same  continuously for a period of five years immediately preceding said date,  shall  continue  as to the completed portion of said road only with like  force and effect, as though it had in all  respects  complied  with  the  provisions  of  law with reference to the time when it should have fully  completed its road, or such extension. Every such corporation shall have  the right to operate any extensions and branches of  its  railroad,  now  constructed  and  operated  by  it,  which  had  been so constructed and  operated by it, for a period of ten  years  immediately  preceding  said  twenty-third  day of March, nineteen hundred and twelve, with like force  and effect, as though the route of such  extensions  and  branches  were  designated in its certificate of incorporation.    But  every  such  street surface railroad corporation is authorized to  operate such railroad and  any  extensions  or  branches  thereof,  upon  condition  that  it  has heretofore obtained, or shall hereafter obtain,  the consent of the local authorities having the control of that  portion  of  the  streets,  avenues or highways included in such railroad, or any  extension or branch thereof, to the construction and  operation  of  the  same,  and  also  upon  the condition that it has heretofore obtained or  shall hereafter first obtain the consent of the owners  of  one-half  in  value  of the property bounded on the portion of the streets, avenues or  highways included in the route of such railroad, or  any  extensions  or  branches  thereof,  to the construction and operation of the same, or in  case the consent of such  property  owners  can  not  be  obtained,  the  appellate  division of the supreme court of the department in which such  railroad or any extension  or  branch  thereof  is  located,  may,  upon  application,  appoint  three  commissioners who shall determine, after a  hearing of all the parties interested, whether such railroad ought to be  constructed or operated,  and  their  determination,  confirmed  by  the  court,  may  be taken in lieu of the consent of the property owners.  If  any street surface railroad corporation shall  have  made  and  filed  a  statement  or  statements of proposed extensions or branches embracing a  line from the boundary of a city or village to the boundary  of  another  city  or  village  generally  parallel  with  the route specified in its  certificate  of  incorporation  and  generally  distant  not  more  than  one-half  mile  therefrom, and shall have made and filed an agreement of  consolidation with some other street surface railroad corporation formed  to build a street railroad upon a route continuous  or  connecting  with  one  or  more of the routes described in such statement or statements of  proposed extensions or branches, and thereafter there  shall  have  been  constructed  and  operated  for  a period of four years a street surface  railroad from such city or village to such other city or village upon  a  line  embraced  in  any  such  proposed  extensions  or  branches,  such  consolidated corporation may relinquish and  abandon  any  unconstructed  route or unconstructed portions of route specified in the certificate of  incorporation or in any statements or proposed extensions or branches of  such  first  mentioned  corporation  by  filing  in  the  office  of the  department of state a copy of a resolution of the board of directors  of  such  consolidated corporation certified by its president and secretary,  declaring such unconstructed route or unconstructed  portions  of  routerelinquished  or  abandoned,  and thereupon the corporate rights, powers  and franchises of such consolidated corporation shall  be  and  continue  the  same as though the certificate of incorporation of such constituent  corporation  had  specified  the  constructed  and not the unconstructed  portions of  such  route  and  proposed  extensions  and  branches.  All  consents  given,  or grants made by local authorities having the control  of the portion of any street, avenue or highway included in the route of  such railroad, or any extensions or branches thereof, to any such street  surface railroad corporation,  prior  to  March  twenty-third,  nineteen  hundred  and  twelve,  are  hereby  ratified  and confirmed and declared  valid.   This  section  shall  not  apply  to  or  affect  any  railroad  corporation  in  the  city of New York; nor any special grant made to or  authority conferred upon any street surface railroad corporation by  any  law  of  this  state;  nor any litigation pending on March twenty-third,  nineteen hundred and twelve; nor shall it impair rights, privileges,  or  franchises  existing  on  said  date  of  any  street  surface  railroad  corporation.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rrd > Article-5 > 186

§  186.  Corporate  rights  saved in case of failure to complete road;  right  to  operate  branches;  conditions;  former  consents   ratified;  limitations.  The corporate existence and powers of every street surface  railroad  corporation, which has completed a railroad upon a substantial  portion of the route designated in its certificate of incorporation,  or  of  extension, within ten years from the date of filing such certificate  in the office of the department of state, and which was  operating  such  completed  portion  of  its  railroad  on the twenty-third day of March,  nineteen hundred and twelve, and had operated  a  portion  of  the  same  continuously for a period of five years immediately preceding said date,  shall  continue  as to the completed portion of said road only with like  force and effect, as though it had in all  respects  complied  with  the  provisions  of  law with reference to the time when it should have fully  completed its road, or such extension. Every such corporation shall have  the right to operate any extensions and branches of  its  railroad,  now  constructed  and  operated  by  it,  which  had  been so constructed and  operated by it, for a period of ten  years  immediately  preceding  said  twenty-third  day of March, nineteen hundred and twelve, with like force  and effect, as though the route of such  extensions  and  branches  were  designated in its certificate of incorporation.    But  every  such  street surface railroad corporation is authorized to  operate such railroad and  any  extensions  or  branches  thereof,  upon  condition  that  it  has heretofore obtained, or shall hereafter obtain,  the consent of the local authorities having the control of that  portion  of  the  streets,  avenues or highways included in such railroad, or any  extension or branch thereof, to the construction and  operation  of  the  same,  and  also  upon  the condition that it has heretofore obtained or  shall hereafter first obtain the consent of the owners  of  one-half  in  value  of the property bounded on the portion of the streets, avenues or  highways included in the route of such railroad, or  any  extensions  or  branches  thereof,  to the construction and operation of the same, or in  case the consent of such  property  owners  can  not  be  obtained,  the  appellate  division of the supreme court of the department in which such  railroad or any extension  or  branch  thereof  is  located,  may,  upon  application,  appoint  three  commissioners who shall determine, after a  hearing of all the parties interested, whether such railroad ought to be  constructed or operated,  and  their  determination,  confirmed  by  the  court,  may  be taken in lieu of the consent of the property owners.  If  any street surface railroad corporation shall  have  made  and  filed  a  statement  or  statements of proposed extensions or branches embracing a  line from the boundary of a city or village to the boundary  of  another  city  or  village  generally  parallel  with  the route specified in its  certificate  of  incorporation  and  generally  distant  not  more  than  one-half  mile  therefrom, and shall have made and filed an agreement of  consolidation with some other street surface railroad corporation formed  to build a street railroad upon a route continuous  or  connecting  with  one  or  more of the routes described in such statement or statements of  proposed extensions or branches, and thereafter there  shall  have  been  constructed  and  operated  for  a period of four years a street surface  railroad from such city or village to such other city or village upon  a  line  embraced  in  any  such  proposed  extensions  or  branches,  such  consolidated corporation may relinquish and  abandon  any  unconstructed  route or unconstructed portions of route specified in the certificate of  incorporation or in any statements or proposed extensions or branches of  such  first  mentioned  corporation  by  filing  in  the  office  of the  department of state a copy of a resolution of the board of directors  of  such  consolidated corporation certified by its president and secretary,  declaring such unconstructed route or unconstructed  portions  of  routerelinquished  or  abandoned,  and thereupon the corporate rights, powers  and franchises of such consolidated corporation shall  be  and  continue  the  same as though the certificate of incorporation of such constituent  corporation  had  specified  the  constructed  and not the unconstructed  portions of  such  route  and  proposed  extensions  and  branches.  All  consents  given,  or grants made by local authorities having the control  of the portion of any street, avenue or highway included in the route of  such railroad, or any extensions or branches thereof, to any such street  surface railroad corporation,  prior  to  March  twenty-third,  nineteen  hundred  and  twelve,  are  hereby  ratified  and confirmed and declared  valid.   This  section  shall  not  apply  to  or  affect  any  railroad  corporation  in  the  city of New York; nor any special grant made to or  authority conferred upon any street surface railroad corporation by  any  law  of  this  state;  nor any litigation pending on March twenty-third,  nineteen hundred and twelve; nor shall it impair rights, privileges,  or  franchises  existing  on  said  date  of  any  street  surface  railroad  corporation.