General Incorporation Law

A general incorporation law allows Corporation s to be formed without a Charter from the Legislature . It also refers to a law enabling a certain type of corporation, such as a Railroad , to exercise Eminent Domain and other special rights without a charter from the legislature.

UNITED STATES

In 1795 , North Carolina was the first state to pass such a law. Massachusetts came next in 1799 , with New York in 1811 and Connecticut in 1837 .

Railroads

, 1852

, 1873 (breaking the Camden And Amboy Rail Road 's monopoly and allowing for the National Railway project)

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General Incorporation Law

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