Article XII.
Corporations
Section 8. Consolidation of railroads
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19091871
Consolidation of railroads
No railroad corporation shall consolidate its stock, property or franchise with any other railroad corporation owning a parallel or competing line; and in no case shall any consolidation take place except upon at least sixty days’ public notice to all stockholders in such manner as shall be provided by law.
19091871
Consolidation
No railroad corporation shall consolidate its stock, property, or franchises, with any other railroad corporation owning a parallel or competing line; and in no case shall any consolidation take place except upon public notice given of at least sixty days to all stockholders, in such manner as shall be provided by law.