Texas Utilities Code 181.085 – Prohibition On Land Contract Excluding Another Telegraph Utility
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Terms Used In Texas Utilities Code 181.085
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A telegraph corporation may not contract with an owner of land for the right to construct and maintain a telegraph line over the land to the exclusion of the line of another telegraph corporation.