Sale, pledge or hypothecation of bonds, stock, earnings, etc., power to make

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  2. Louisiana Laws
  3. Revised Statutes
  4. Public Utilities and Carriers
  5. Sale, pledge or hypothecation of bonds, stock, earnings, etc., power to make

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RS 614 - Sale, pledge or hypothecation of bonds, stock, earnings, etc., power to make

Any railway corporation in Louisiana may sell, pledge or hypothecate, for railroad purposes, its bonds, stock, earnings, revenues, income rights, and credits, to any person or other railway corporation unless the railroad lines of the contracting railway corporations are parallel and competing lines.


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