™Your Policy Risk Impact Agent
2 chapters · 2 sections in this title.
Mich. Comp. Laws § 472.101 Street or electric railway; acquisition of franchise of toll road company; purchase.
0.4K chars
Sec. 1. That any street or electric railway company of this state may purchase all or any portion of the rights and franchise of any toll road company, in any of the streets, avenues or highways of this state, at a valuation to be agreed upon between the directors of the said ele…
Mich. Comp. Laws § 472.102 Street or electric railway; condemnation, procedure, limitations.
1.1K chars
Sec. 2. In case no agreement can be reached for the purchase of the right of such toll road company, said electric or street railway company is authorized to condemn such rights and franchise of said toll or plank road company in which condemnation such street or electric railway…