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USA Statutes : maine
Title : Title 23. HIGHWAYS
Chapter : Chapter 613. MUNICIPAL AID TO CONSTRUCTION (HEADING. PL 1987, c. 141, Pt. A, @4 (new))
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Title 23 - §7081. Construction aid; proceedings
Title 23: HIGHWAYS
Part 7: RAILROADS (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
Chapter 613: MUNICIPAL AID TO CONSTRUCTION (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
§7081. Construction aid; proceedings
A city or town by a 23 vote, at any legal meeting called for the purpose, may raise by tax or loan, from time to time or
all at once, a sum not exceeding in all 5% on its regular valuation for the time being, to aid in the construction of railroads
in such manner as it deems proper and for that purpose may contract with any person or railroad corporation. At the meetings
the legal voters shall ballot, those in favor of the proposition voting "Yes," and those opposed voting "No." The ballots
cast shall be sorted, counted and declared in open town meeting and recorded and the clerk shall make return of the ballots
to the municipal officers who shall examine the return and, if 23 of the ballots cast are in favor of the proposition, the
officers shall proceed to carry the proposition into effect.
[1987, c. 141, Pt. A, § 4 (new).]
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 23 - §7082. Payment of loan
Title 23: HIGHWAYS
Part 7: RAILROADS (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
Chapter 613: MUNICIPAL AID TO CONSTRUCTION (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
§7082. Payment of loan
A city or town raising money by loan or under authority conferred by special Act of the Legislature shall raise and pay or
fund besides the interest, each year after the third, not less than 3% of the principal. Any city or town receiving money,
bonds, certificates of indebtedness or other evidence of debt in consideration of exchange, release or sale of its securities
held to indemnify the city or town for having loaned its credit or issued its bonds in aid of any railroad shall hold that
money, bonds, certificates of indebtedness or other evidence of debt, or the proceeds thereof as a trust fund to liquidate
the outstanding liabilities so long as they may continue.
[1987, c. 141, Pt. A, § 4 (new).]
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 23 - §7083. Call for meetings in cities and proceedings
Title 23: HIGHWAYS
Part 7: RAILROADS (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
Chapter 613: MUNICIPAL AID TO CONSTRUCTION (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
§7083. Call for meetings in cities and proceedings
Meetings for the purposes set out in this chapter in cities shall be called by the municipal officers, on the order of the
common council, like meetings for the election of city officers and the council shall set forth in their order the substance
of the proposition to be inserted in the warrant. At the meetings, the voters shall vote in wards by ballot, those in favor
of the proposition in the warrant voting "Yes," and those opposed voting "No," and the ballots cast shall be sorted, counted
and declared in open ward meeting and recorded. The clerks shall make returns of the ballots to the municipal officers who
shall examine them. If 23 of the ballots cast are in favor of the proposition, the officers shall proceed to carry it into
effect. Lists of voters for use at the meetings shall be prepared in the same manner as for meetings for elections of town
or city officers and the lists shall be used at all meetings held under this section and section 7081.
[1987, c. 141, Pt. A, § 4 (new).]
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 23 - §7084. Only one vote a year on same question
Title 23: HIGHWAYS
Part 7: RAILROADS (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
Chapter 613: MUNICIPAL AID TO CONSTRUCTION (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
§7084. Only one vote a year on same question
Whenever a city or town has voted at any legal meeting upon any question of loaning its credit to, or taking stock in, or
in any way aiding any person or corporation, the city or town shall not vote again upon the same subject, except at its annual
meetings.
[1987, c. 141, Pt. A, § 4 (new).]
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 23 - §7085. Town agents may vote on town stock
Title 23: HIGHWAYS
Part 7: RAILROADS (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
Chapter 613: MUNICIPAL AID TO CONSTRUCTION (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
§7085. Town agents may vote on town stock
When a city or town holds stock in a railroad, the municipal officers, or an agent appointed by them in writing, may vote
at any meeting of the corporation.
[1987, c. 141, Pt. A, § 4 (new).]
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
Title 23 - §7086. Citizens eligible as directors
Title 23: HIGHWAYS
Part 7: RAILROADS (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
Chapter 613: MUNICIPAL AID TO CONSTRUCTION (HEADING: PL 1987, c. 141, Pt. A, @4 (new))
§7086. Citizens eligible as directors
Whenever any city or town in the State, in its corporate capacity, holds 15 or more of the shares in the capital stock of
any railroad incorporated by the Legislature, any citizen of the city or town, being a freeholder and resident, is eligible
as a director of the railroad company.
[1987, c. 141, Pt. A, § 4 (new).]
The Revisor's Office cannot provide legal advice or
interpretation of Maine law to the public. If you need legal
advice, please consult
a qualified attorney.
Office of the Revisor of Statutes
7 State House Station
State House Room 108
Augusta, Maine 04333-0007
This page created on: 2005-10-01
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