2013 South Carolina Code of Laws
Title 58 - Public Utilities, Services and Carriers
CHAPTER 15 - RAILROAD, STREET RAILWAY, STEAMBOAT AND CANAL COMPANIES
SECTION 58-15-40. Issuance of commission to incorporators; authorization for opening books of subscription after giving of notice.
Upon the filing of the declaration of the petitioners and the payment of a fee of three dollars for filing and indexing it, the Secretary of State shall file the declaration under a proper number and index it and shall issue to any two or more of the petitioners a commission constituting them a board of incorporators and authorizing them to open books of subscription to the capital stock of such proposed company, after such public notice, not less than thirty days, as he may require in such commission. Such notice to be published in some newspaper in each of the counties through which the proposed road shall pass and, in the case of steamboat companies, such notice shall be given at the termini only.
HISTORY: 1962 Code Section 58-655; 1952 Code Section 58-655; 1942 Code Section 8180; 1932 Code Section 8180; Civ. C. '22 Section 4360; Civ. C. '12 Section 2874; Civ. C. '02 Section 1918; 1899 (23) 64.
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