Any electric railway company organized under the laws of this State may lease its property and franchises to any other electric railway company, upon such terms as may be agreed upon by a majority of the stockholders at a special meeting held after thirty days' advertisement thereof. HISTORY: 1962 Code Section 58-1303; 1952 Code Section 58-1303; 1942 Code Section 8187; 1932 Code Section 8187; Civ. C. '22 Section 4367; Civ. C. '12 Section 2881; 1908 (25) 1090.
South Carolina Legal Code