Railroad

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Railroad. To do a general railroad business in all its branches; to survey, build, erect, construct, own, lease, mortgage, operate, and maintain, sell or otherwise dispose of a line or lines of railway for the purpose of carrying and transporting freight, passengers, baggage, mail and express, and to do a general railroad business for hire and for toll; to purchase, construct, own, maintain and operate wharves, bridges, and trestles, and to lay rails and operate railroads on them; to purchase, construct, own, maintain and operate in that connection or otherwise, ferries, vessels, ships, steamers, barges, docks, slips and landings, and discharging places for freight and passenger traffic; to exercise the right of eminent domain; to purchase, sell, lease, hold, and operate all classes of real estate, to lay out town sites, and to construct any and all kinds of improvements on them, or to be used in that connection with, and to purchase, sell, hold, control and operate easements, franchises, roads, rights-of-way, mill and furnace sites, and to construct and operate power plants; to buy, own, construct, build, erect, maintain, lease, sell or otherwise dispose of plants for the manufacture and repair of engines, motors, dynamos, cars, trucks, rolling stock of all kinds, machinery, mechanical devices of every kind and nature for the furtherance of the purposes stated in these articles; to buy, own, lease, build, erect, construct and maintain telephone and telegraph lines; and to buy and sell all kinds of property both personal and real; to own, handle and control letters patent and inventions; to act as agent, trustee or in any other fiduciary capacity; to borrow money, issue bonds, promissory notes and other evidences of indebtedness; to own, buy, mortgage, hypothecate, pledge, sell or otherwise dispose of and deal in and with property of all kinds as well as capital stock and shares of this corporation and that of other corporations, and to vote any shares owned by it the same as a natural person might do; and to enter into such agreements, contracts and stipulations and make such arrangements as may be or seem necessary to carry out the above and attain the objects and purposes expressed and intended in these articles.

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