Chapter 1423. Granting to the Choctaw, Oklahoma and Gulf Railroad Company the power to sell and convey to the Chicago, Rock Island and Pacific Railway Company all the railway property, rights, franchises, and privileges of the Choctaw, Oklahoma and Gulf Railroad Company, and for other purposes
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CHAP. 1423.— An Act Granting to the Choctaw, Oklahoma and Gulf Railroad Company the power to sell and convey to the Chicago, Rock Island and Pacific Railway Company all the railway property, rights, franchises, and privileges of the Choctaw, Oklahoma and Gulf Railroad Company, and for other purposes. March 3, 1905. [[S. 6647](/us/bill/58/s/6647).] [[Public, No. 156](/us/pl/58/156).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the Choctaw, OklahomaIndian Territory.Choctaw, Oklahoma and Gulf Railroad Company.Sale of, to Chicago, Rock Island and Pacific Railway Company authorized.Vol. 28, p. 502.Vol. 29, p, 98. and Gulf Railroad Company be, and it is hereby, authorized and em-powered to sell and convey to the Chicago, Kock Island and Pacific Railway Company all the railway property, rights, franchises, and privileges of the Choctaw, Oklahoma and Gulf Railroad Company, and the Chicago, Kock Island and Pacific Railway Company is hereby authorized and empowered to purchase, hold, maintain, and operate the railway heretofore constructed or now owned by the Choctaw, Oklahoma and Gulf Railroad Company, subject, however, to all the conditions and limitations contained in the several Acts of Congress authorizing the organization of the Choctaw.
Oklahoma and Gulf Railroad Company and the construction of its lines in the Indian Territory: *Provided, however,* That before any such sale and conveyance shall be*Proviso.*Approval by a majority of directors. made the terms thereof shall be approved by a majority of the directors of the, Choctaw, Oklahoma and Gulf Railroad Company: *Provided, *That said purchasing company shall, by said purchase, be and becomeLiabilities, etc. liable and assume the payment of all existing liabilities of said selling company, and all suits now pending against said Choctaw, Oklahoma and Gulf Railroad Company shall proceed to final judgment the same as if said sale had not been made.
Sec. 2. That all the provisions of any Act of Congress inconsistentRepeal. with this Act be and the, same are hereby, repealed. Approved, March 3, 1905.