48:12-2 - Exclusive franchises; railroads subject to general laws - New Jersey Statutes

48:12-2.  Exclusive franchises;  railroads subject to general laws
    No franchise granted prior to July 4, 1903, to construct a railroad or build  or establish bridges or ferries or operate any line of travel and take tolls or  fares therefor shall after that date remain exclusive and no like franchise  granted after that date shall be exclusive unless in such grant heretofore or  hereafter made it be so expressly provided.

    All railroad corporations organized under this Title shall be subject to all  general laws now or hereafter passed to regulate railroads and their operation.

     Amended by L.1962, c. 198, s. 105.