State Aid to Railways in Missouri
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There was also present in the minds of the law-makers of Missouri the idea that railroads are in the nature of things a sort of public institution, and that sooner or later they must revert to the state. The provision that the roads should at a future date revert to the state was included in the charters of all but one of the roads aided by the state ; but it was not common to include this provision in the charters of all the other railroads incorporated during these years. 3 It was, however, i...ncluded in the charter of the St. Louis and St. Charles Companv, granted February 20, iSsi,"* and in that of the Missouri and Mississippi Company, granted March 8, 1849.= The time to elapse before reverting to the state was for the first of these, thirty years, and for the second, fifty years. In the case of the roads to be aided by the state the limit of time was put at forty years for two and at fifty for the remaining three. The form of acquiring the roads was to be by purchase at a price set by competent appraisers mutually selected by the companies and the state.
What to read after State Aid to Railways in Missouri?
You can find similar books in the "Read Also" column, or choose other free books by Million, John Wilson, 1863- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
There was also present in the minds of the law-makers of Missouri the idea that railroads are in the nature of things a sort of public institution, and that sooner or later they must revert to the state. The provision that the roads should at a future date revert to the state was included in the charters of all but one of the roads aided by the state ; but it was not common to include this provision in the charters of all the other railroads incorporated during these years. 3 It was, however, i...ncluded in the charter of the St. Louis and St. Charles Companv, granted February 20, iSsi,"* and in that of the Missouri and Mississippi Company, granted March 8, 1849.= The time to elapse before reverting to the state was for the first of these, thirty years, and for the second, fifty years. In the case of the roads to be aided by the state the limit of time was put at forty years for two and at fifty for the remaining three. The form of acquiring the roads was to be by purchase at a price set by competent appraisers mutually selected by the companies and the state.
What to read after State Aid to Railways in Missouri?
You can find similar books in the "Read Also" column, or choose other free books by Million, John Wilson, 1863- to read onlineMoreLess
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