The persons signing such certificate and their successors shall be a body corporate and politic, by the name specified in such certificate, with power to sue and be sued, contract and be contracted with and to own, possess, maintain and operate the railroad referred to in such certificate and to transact all business connected therewith.
HISTORY: 1962 Code Section 58-906; 1952 Code Section 58-906; 1942 Code Section 8276; 1932 Code Section 8221; Civ. C. '22 Section 4785; Civ. C. '12 Section 3116; Civ. C. '02 Section 2042; G. S. 1420; R. S. 1610; 1881 (17) 793; 1889 (20) 377.