VERNON'S TEXAS CIVIL STATUTES
CHAPTER 14. UNION DEPOT CORPORATIONS
Art. 6551. [1243-4] Union depots
Corporations formed for the purpose of acquiring, owning,
maintaining and operating union passenger depots in any city or
town in which any two or more railroad companies own or operate a
railroad, shall have power and authority to acquire, own or lease,
maintain and operate railroad tracks in any city or town for the
purpose of enabling railroad companies to run their trains to and
from the union depot; such tracks not to extend to a greater
distance than three miles from such union depot. Such corporations
may also add additional stories to their depot buildings and rent
the same for offices or other purposes; and may also provide on
their property buildings for express purposes, and rent the same to
express companies. The Railroad Commission of Texas shall have the
same supervision and control over said railroads and tariff rates
and depots that it has over any other lines of railroad and depot
buildings in Texas.
Acts 1895, p. 187; Acts 1897, p. 42; G.L. vol. 10, pp. 917, 1096.
Art. 6552. [1245] Finances
The provisions of Chapter 12 of this title shall govern and control
the issuance of stock and bonds of such corporations as far as the
same are applicable.
Acts 1895, p. 187; Acts 1897, p. 42; G.L. vol. 10, pp. 917, 1096.
Art. 6553. [1246] Interest in railways
Railway companies existing under the laws of Texas, whether under
general or special law, and railway companies incorporated under
any general or special law of the United States, are authorized and
empowered to subscribe to the stock, and purchase and own stock and
bonds of any depot company formed under the authority of this law.
Acts 1895, p. 187; Acts 1897, p. 42; G.L. vol. 10, pp. 917, 1096.
Art. 6554. [1247-8] Condemnation
Corporations created for the purposes contemplated herein may
secure by condemnation such land or real estate as may be necessary
for the business and purposes of such corporation, including all
lands necessary for depot buildings, passenger sheds, yards or
tracks requisite to the convenient use of the depot. Such
corporations, by such condemnation, may acquire the fee simple
title. After the award by the commissioners, and pending further
litigation, the corporation may enter upon and take possession of
the land sought to be condemned, by complying with the terms and
conditions of any general laws of this State authorizing any
corporation having the right to condemn to so enter upon and take
possession of such land or real estate.
Acts 1899, p. 49.