1. Whenever any person, persons, association, company or corporation shall apply to the proper authorities of any town in this state for a franchise to construct and operate a street railway within the limits of such town, the authorities, whether a board of town trustees, county commissioners or supervisors, shall advertise the proposed franchise, in full, offering the same for sale to the highest responsible bidder.
2. The advertisement of the franchise shall be published for a period of not less than 90 days, and no privilege shall be conveyed or granted by the town authorities to any successful bidder, unless the same privilege shall have appeared in full in the advertisement for bids as an essential part thereof.
3. Besides the essential part and all features of the proposed franchise, the advertisement shall:
(a) Contain a statement naming the day upon which all bids for the franchise will be opened.
(b) State in detail and specifically the street or streets over and through which the proposed street railway is to run, so that the entire course and extent thereof shall be clearly shown.
4. No franchise shall be given or issued which has not been so specifically and fully described and advertised.
[2:63:1901; RL § 2122; NCL § 3176]
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
