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Title 23, Chapter 605: MANAGEMENT AND OPERATION

Subchapter 1: FARES AND TOLLS

23 §5121. Fares and tolls established 
23 §5122. Rights of ticket holders 
23 §5123. Railroad tickets; cancellation and exchange 
23 §5124. Sale of limited tickets 
23 §5125. Evading payment of fare or riding freight train 

Subchapter 2: SERVICES

23 §5141. Intersecting roads 
23 §5142. Trains crossing at same hour; exchange of baggage 
23 §5143. Equal facilities to all expresses 
23 §5144. Discontinuance of service 

Subchapter 3: SHARES, COUPONS AND MORTGAGES

23 §5151. Shares 
23 §5152. Rights of coupon holders 
23 §5153. Trustees; vacancies; elections affirmed; decrees enforced 
23 §5154. Breach of mortgage; meeting of bondholders 
23 §5155. One vote for every $100 of bonds 
23 §5156. Trustees taking possession have corporate powers 
23 §5157. Receipts and expenditures; trustees not liable; road surrendered 
23 §5158. Bondholders' meetings; reports; compensation and instructions for trustees 

Subchapter 4: FORECLOSURE AND REDEMPTION OF MORTGAGES

23 §5161. Railroad mortgages foreclosed 
23 §5162. Overdue bonds and coupons for record 
23 §5163. Secured creditors become corporation and trustees shall convey to it 
23 §5164. First meeting of new corporation; name; possession and use of mortgaged property 
23 §5165. Vote to redeem prior mortgage and assessments 
23 §5166. Sale of stock for nonpayment; rights of delinquent stockholders 
23 §5167. Application of funds 
23 §5168. Redemption of prior mortgages by junior mortgages 
23 §5169. Meeting regarding redemption of prior mortgages; contribution 
23 §5170. Anyone interested in subsequent mortgage may redeem 
23 §5171. Delinquents pay proportion and rights restored; new corporation 
23 §5172. Redemption by stockholders of old corporation 
23 §5173. Noncontributors; notice; rights 
23 §5174. Extension of redemption time after foreclosure commenced 

Subchapter 5: RIGHTS OF PURCHASERS UNDER SALE

23 §5181. Purchasers at sale have rights of original corporation; redemption 
23 §5182. Succession to rights and obligations of original corporation 
23 §5183. Original corporation continues, to close business, and for actions 
23 §5184. Courts have jurisdiction of all disputes 
23 §5185. Application of provisions to mortgages of corporations given to trustees, as if legally foreclosed 
23 §5186. Holders of unpaid scrip and bonds may foreclose mortgages 
23 §5187. Capital stock of new corporation; value of shares; no further assessment 
23 §5188. Organization certificate filed with Secretary of State 
23 §5189. New corporation may buy right of redemption 
23 §5190. When franchise lost; action for dissolution 
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Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007
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