Chap. 0172 An Act to authorize the framingham and lowell railroad company to lease its road, and for other purposes.

Be it enacted,       as follows:

Section 1. The lease of the Framingham and Lowell Railroad to the Boston, Clinton and Fitchburg Railroad Company, heretofore made is hereby ratified and made valid.
Section 2. Said corporations may at any time hereafter, by a vote of a majority in interest of the stockholders present and voting at meetings of each corporation called for that purpose, unite and make joint stock upon such terms and conditions as may be mutually agreed upon, and such votes so passed by said corporations respectively, shall be effectual to unite said corporations within the intent and meaning of this act.
Section 3. The corporation so formed shall have, hold and possess all the powers, privileges, rights, franchises, property, claims and demands which at the time of such union may be held and enjoyed by either of said existing corporations, and be subject to all the duties, restrictions, debts and liabilities to which, at the time of union, either is subject in severalty.
Section 4.   This act shall take effect upon its passage.
Approved April 5, 1872.