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The Georgia was authorized, by a special act of the Georgia Legislature, approved January 21, 1852, to merge the property of the Washington Rail or Plank Road Company, extending from Barnett to Washington, approximately 17 miles. On March 2, 1880, the Georgia purchased the railway of the Macon & Augusta Railroad Company at foreclosure sale ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
A major railroad may lease a connecting line from another company, usually the latter company's full system. A typical lease results in the former railroad (the lessee) paying the latter company (the lessor) a certain yearly rate, based on maintenance, profit, or overhead, in order to have full control of the lessor's lines, including operation.
The railroad of Sylvania Central Railway Company, hereinafter called the carrier, was incorporated under the general laws of Georgia, May 2, 1903. On valuation date it owned, but did not operate, 1 a single-track standard-gauge light-traffic road, located entirely within the State of Georgia, in its southeastern part, extending from Sylvania ...
The carrier was a Georgia corporation having its principal offices in Atlanta, Ga. At the date of valuation, June 30, 1914, the property, which was being operated by a receiver, consisted of about 633.55 miles of railway, extending from Brunswick, Ga., to Reader's Gap, Ala., with branches in the State of Georgia from Manchester to Atlanta, from Fitzgerald to Thomasville, from Sessoms to ...
On August 24, 1894, the property of the Eatonton Branch Railroad Company was leased to the Middle Georgia & Atlantic Railway Company, and on June 1, 1896, was sold to that company. The Middle Georgia & Atlantic Railway Company reported on June 30, 1896, that its investment in road and equipment was $792,000.
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