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Session Laws, 1882 Special Session
Volume 418, Page 375   View pdf image (33K)
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WM. T. HAMILTON, ESQUIRE, GOVERNOR.

375

to the Worcester Railroad Company, shall be deemed

 

and taken to be transferred to and vested in such

 

consolidated corporation without further act or deed;

and vested.

and all property, all rights of way, and all and every

 

other interests shall be as effectually the property

 

of the consolidated corporation as they were of the

 

Worcester Railroad Company prior to such consoli-

 

dation; and title to real estate either by deed or

 

otherwise under the laws of this State, vested in the

 

Worcester Railroad Company, shall not be deemed

 

to revert or be in any way impaired by reason of

 

this act; provided that all rights of creditors and

Rights of
creditors.

all liens upon property of the Worcester Railroad

 

Company shall be preserved unimpaired, and the

 

Worcester Railroad Company may be deemed to

 

continue in existence to preserve the same and all

 

debts, liabilities and duties, public or private, of the

 

Worcester Railroad Company, shall thenceforth

 

attach to the said consolidated railroad company,

 

and be enforced against it to the same extent as if

 

the said debts, liabilities and duties had been in-

 

curred or contracted by it.

 

SEC. 6. And be it enacted, Suits may be brought

Suits may be

and maintained against such consolidated company

brought.

in any of the courts of this State for all causes of

 

action in the same manner as against other railroad

 

companies herein, if at the time of the consolidation

 

authorized and provided for by the said act of the

 

Legislature of Delaware, and by this act, there shall

 

be pending against either of the companies consoli-

 

dated thereunder, any action, suit or proceeding at

 

law or in equity, the consolidated corporation may

 

be made a party to such action, suit or proceeding,

Party to ac-
tion.

and upon said consolidated corporation being so

 

made a party, the action, suit or proceeding shall

 

proceed as if such consolidated corporation were an

 

original party, and the courts shall have full power

 

to make such order or decree, and to render such

 

judgment as to right and justice shall appertain.

 

SEC. 7. Be it enacted, That the State shall con-

 

vert the stock of the Worcester Railroad Com-

Convert stock.

pany held by it into stock of the consolidated cor-

 

poration, and the Comptroller of the State is hereby

 

authorized and directed to deliver up to said con-

 

solidated corporation the certificates for said stock

 

of the Worcester Railroad Company held by the

 


 
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Session Laws, 1882 Special Session
Volume 418, Page 375   View pdf image (33K)
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