Mortgage, Sale, or Lease of Canal, Other Properties, Corporate Rights, and Franchises

1. Law
2. Georgia Code
3. Waters of the State, Ports, and Watercraft
4. Canal Companies
5. Mortgage, Sale, or Lease of Canal, Other Properties, Corporate Rights, and Franchises

Companies incorporated under this chapter may mortgage, sell, or lease their canal and other properties, corporate rights, and franchises to any person or corporation to obtain money to purchase, construct, or maintain their works and franchises.

(Ga. L. 1893, p. 81, § 9; Civil Code 1895, § 1995; Civil Code 1910, § 2376; Code 1933, § 17-112.)

RESEARCH REFERENCES

C.J.S.

- 12A C.J.S., Canals, §§ 59, 63.

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