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C-14 - Railway Act
Section 237
Disposition versions
237. If any railway or section of any railway is sold under the provisions of any deed or hypothec, or at the instance of the holders of any mortgage bonds or debentures, for the payment of which any charge has been created thereon, or under any other lawful proceeding, and is purchased by any person not having corporate power to hold and operate the same, the purchaser shall not run or operate such railway or section of railway until authority therefor has been obtained under the following provisions.
