Terms Used In Vermont Statutes Title 5 Sec. 3732

  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Person: means an individual, firm, partnership, corporation, company, association, joint stock association, or body politic, including a trustee, receiver, assignee, or other similar representative. See
  • road: shall include bridges thereon and their approaches. See

§ 3732. Damages for fire communicated by engine

A person or corporation owning or operating a railroad shall be responsible in damages for injury to a building or other property caused by fire communicated by a locomotive engine on such road unless due caution and diligence are used and suitable expedients employed to prevent such injury. The person or corporation shall have an insurable interest in the property along its route and may procure insurance thereon.