Maine Revised Statutes
Ch. 605 PDF
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Title 23, Chapter 605: MANAGEMENT AND OPERATION
Subchapter 1: FARES AND TOLLS
23 §5121. Fares and tolls established
23 §5122. Rights of ticket holders
23 §5123. Railroad tickets; cancellation and exchange
23 §5124. Sale of limited tickets
23 §5125. Evading payment of fare or riding freight train
Subchapter 2: SERVICES
23 §5141. Intersecting roads
23 §5142. Trains crossing at same hour; exchange of baggage
23 §5143. Equal facilities to all expresses
23 §5144. Discontinuance of service
Subchapter 3: SHARES, COUPONS AND MORTGAGES
23 §5151. Shares
23 §5152. Rights of coupon holders
23 §5153. Trustees; vacancies; elections affirmed; decrees enforced
23 §5154. Breach of mortgage; meeting of bondholders
23 §5155. One vote for every $100 of bonds
23 §5156. Trustees taking possession have corporate powers
23 §5157. Receipts and expenditures; trustees not liable; road surrendered
23 §5158. Bondholders' meetings; reports; compensation and instructions for trustees
Subchapter 4: FORECLOSURE AND REDEMPTION OF MORTGAGES
23 §5161. Railroad mortgages foreclosed
23 §5162. Overdue bonds and coupons for record
23 §5163. Secured creditors become corporation and trustees shall convey to it
23 §5164. First meeting of new corporation; name; possession and use of mortgaged property
23 §5165. Vote to redeem prior mortgage and assessments
23 §5166. Sale of stock for nonpayment; rights of delinquent stockholders
23 §5167. Application of funds
23 §5168. Redemption of prior mortgages by junior mortgages
23 §5169. Meeting regarding redemption of prior mortgages; contribution
23 §5170. Anyone interested in subsequent mortgage may redeem
23 §5171. Delinquents pay proportion and rights restored; new corporation
23 §5172. Redemption by stockholders of old corporation
23 §5173. Noncontributors; notice; rights
23 §5174. Extension of redemption time after foreclosure commenced
Subchapter 5: RIGHTS OF PURCHASERS UNDER SALE
23 §5181. Purchasers at sale have rights of original corporation; redemption
23 §5182. Succession to rights and obligations of original corporation
23 §5183. Original corporation continues, to close business, and for actions
23 §5184. Courts have jurisdiction of all disputes
23 §5185. Application of provisions to mortgages of corporations given to trustees, as if legally foreclosed
23 §5186. Holders of unpaid scrip and bonds may foreclose mortgages
23 §5187. Capital stock of new corporation; value of shares; no further assessment
23 §5188. Organization certificate filed with Secretary of State
23 §5189. New corporation may buy right of redemption
23 §5190. When franchise lost; action for dissolution