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Secondary franchises

Defined in 2 dictionaries — Ballentine's (1916), Black's (1910)

Ballentine's Law Dictionary

James A. Ballentine · 1916

All those franchises of a corporation other than its right or franchise to be a corporation, which is the primary one. See 22 Colo. 429, 37 L. R. A. 711.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

The franchise of corporate existence being sometimes calied the "primary" franchise of a corporation, its "secondary" franchises are the special and peculiar rights, privileges, or grants which it may receive under its charter or from a municipal corporation, such as the right to use the public streets, exact tolls, collect fares, etc. 'See State v. Topeka Water Co., 6l Kan. 547, 6O Pac. 337; Virginia Canon Toll Road Co., v. People, 22 Colo. 429, 45 Pac. 398, 37 L. R. A. 711.

Defined under Franchise in Black's Law Dictionary.