Article 1. Organization, General Powers and Duties  


Sec 40-801. Stock subscription required to form railroad corporation
Sec 40-802. Articles of incorporation
Sec 40-803. Filing and recording articles; commencement of business; amendment of articles to provide for perpetual existence
Sec 40-804. Organization of board of directors; officers; adoption of by-laws by directors; ratification by shareholders
Sec 40-805. Records required to be kept by secretary
Sec 40-806. Call for installments on stock subscriptions; notice; action to collect from defaulting subscriber
Sec 40-807. Certification by president and secretary of paid-in capital stock
Sec 40-808. General powers of railroad corporations
Sec 40-809. Specific powers of railroad corporations
Sec 40-810. Power to borrow money; issuance of notes and bonds; mortgage of property and franchise; sinking fund to redeem bonds
Sec 40-811. Contracting debt exceeding means of corporation to pay; classification; validity of debt
Sec 40-812. Extension of lines; purchase of property and franchise of another railroad company; sale of property; limitations; consolidations; exceptions
Sec 40-813. Organization of new corporation on sale at foreclosure; powers
Sec 40-814. Duty of railroads to transport; liability for failure; exceptions
Sec 40-815. Establishment or maintenance of employee association involving compulsory membership or waiver of rights prohibited