Legislation
SECTION 3
Incorporation
Transportation Corporations (TCP) CHAPTER 63, ARTICLE 1
§ 3. Incorporation. (a) A transportation corporation may be formed
under this chapter, in accordance with the procedure for the formation
of corporations set forth in article four of the business corporation
law, by delivering to the department of state for filing a certificate
of incorporation entitled "Certificate of incorporation of . . . (name
of corporation) pursuant to section three of the transportation
corporations law".
(b) In addition to the statements prescribed by section four hundred
two of the business corporation law, a certificate of incorporation of a
transportation corporation shall designate the particular kind of
transportation corporation to be formed, and shall state:
1. If a gas corporation, an electric corporation, or a gas and
electric corporation, the county or counties in which its operations are
to be carried on;
2. If a telegraph corporation, a telephone corporation, or a telegraph
and telephone corporation, the territory in which its operations are to
be carried on;
3. If a water-works corporation, the cities, towns and villages to be
supplied with water, and that the consent of the authorities of such
cities, towns and villages required by this chapter has been obtained,
and that such consent has been annexed thereto;
5. If a ferry corporation, the places from and to which the ferry is
to run;
6. If a pipe line corporation, the places from and to which the pipe
line is to be maintained, as nearly as practicable, and the county or
counties through which or in which it is to be maintained and operated;
7. If a freight terminal corporation, the limits of the locality in
which its operations are to be carried on;
8. If a district steam corporation, the cities, towns and villages to
be supplied with steam and that the consent of the authorities of such
cities, towns and villages required by this chapter has been obtained,
and that such consent has been annexed thereto.
under this chapter, in accordance with the procedure for the formation
of corporations set forth in article four of the business corporation
law, by delivering to the department of state for filing a certificate
of incorporation entitled "Certificate of incorporation of . . . (name
of corporation) pursuant to section three of the transportation
corporations law".
(b) In addition to the statements prescribed by section four hundred
two of the business corporation law, a certificate of incorporation of a
transportation corporation shall designate the particular kind of
transportation corporation to be formed, and shall state:
1. If a gas corporation, an electric corporation, or a gas and
electric corporation, the county or counties in which its operations are
to be carried on;
2. If a telegraph corporation, a telephone corporation, or a telegraph
and telephone corporation, the territory in which its operations are to
be carried on;
3. If a water-works corporation, the cities, towns and villages to be
supplied with water, and that the consent of the authorities of such
cities, towns and villages required by this chapter has been obtained,
and that such consent has been annexed thereto;
5. If a ferry corporation, the places from and to which the ferry is
to run;
6. If a pipe line corporation, the places from and to which the pipe
line is to be maintained, as nearly as practicable, and the county or
counties through which or in which it is to be maintained and operated;
7. If a freight terminal corporation, the limits of the locality in
which its operations are to be carried on;
8. If a district steam corporation, the cities, towns and villages to
be supplied with steam and that the consent of the authorities of such
cities, towns and villages required by this chapter has been obtained,
and that such consent has been annexed thereto.