It is lawful for such corporation to pay the damages, if any, assessed on account of the taking in such condemnation proceedings, in its own corporate stock at the same price per share paid therefor by the original incorporators, and the court, jury, or commissioners having authority in the premises, in arriving at the damage to be awarded, shall take into consideration the amount of stock which the original incorporators have received for their holdings.L. 19: p. 505, § 3. C.L. § 1631. CSA: C. 90, § 14. CRS 53: § 147-3-9. C.R.S. 1963: § 148-3-9.
Colorado Legal Code