When railroad companies are consolidated under the provisions of this article a charter of incorporation for the new company so formed by such consolidation shall be issued to the owners and stockholders of the companies so consolidating or to such of them as the stockholders of each of such companies shall designate. Only the fees provided by law for consolidation shall be charged and no additional fee shall be charged for any such charter.
HISTORY: 1962 Code Section 58-923; 1952 Code Section 58-923; 1942 Code Section 8285; 1932 Code Section 8230; Civ. C. '22 Section 4794; Civ. C. '12 Section 3125; Civ. C. '02 Section 2050; G. S. 1425; R. S. 1615; 1901 (23) 717.