New Hampshire Revised Statutes 368:7 – Liability of Company
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Terms Used In New Hampshire Revised Statutes 368:7
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
In case of such damage, the company assigning or mortgaging the railroad shall be liable; and the assets in the hands of the trustees shall be held for such damage as part of the expenses of the trust, in preference to the claims of the general creditors of the company.