Such incorporation shall possess all the rights, privileges and powers given to any railroad corporation by the laws of this state, and in addition thereto, shall not be required to have any greater amount of stock than to the incorporators thereof may seem necessary; and provided further, that said corporation shall have power to create whatever amount of bonded indebtedness such corporation may deem necessary.
Mo. Rev. Stat. § 388.490
Powers and duties of such corporation
Effective: 28 Aug 1939; (RSMo 1939 § 5260); Prior revisions: 1929 § 4822; 1919 § 10011; 1909 § 3227
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.