Consolidation of companies.

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With the consent of the majority in interest of their shareholders, two or more corporations operating street railway lines within or in the suburbs of the same municipality, may amalgamate their businesses and properties by consolidation, sale, lease, or other appropriate means, and either by conveyance to a third corporation or one to the other.

[ 1961 c 14 § 81.64.070. Prior: 1917 c 170 § 1; RRS § 11086.]


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