Commonwealth v. Buffalo, Rochester & Pittsburg Railway Co.

Citations

• 207 Pa. 160
• 56 A. 412
• 1903 Pa. LEXIS 461

Syllabus

<p>Railroads—Consolidation—Taxation—Bonus—Act of March 24, 1866, P. L. 49.</p> <p>A railroad company formed under the Act of March 24, 1865, P. L. 49, by the consolidation of a Pennsylvania company and a New York company, has all the rights and franchises of the merging companies, and if the Pennsylvania company has the right under the act of June 4, 1883, to increase its capital stock up to $150,000 per mile without payment of bonus, the consolidated company has the same right.</p>