Ohio Code § 4951.27

§ 4951.27.

A company maintaining and operating a street railway or a railroad operated by electricity

may lease or purchase all the property, franchises, rights, and privileges of any

company organized for the purpose of supplying either electricity or natural or artificial

gas, or both, for power, light, heat, or fuel purposes, or which has been engaged

in such business in whole or part in any municipal corporation within this state,

the latter being hereby vested with corresponding power to let or sell, upon such

conditions as are agreed upon between the companies.  No such lease or purchase may be perfected until a meeting of the stockholders of

each of the companies has been called for that purpose by the directors, on thirty

days' notice to each stockholder, at such time and place and in such manner as is

provided for the annual meetings of the companies, and the holders of at least two

thirds of the stock of each company, in person or by proxy at such meeting or at any

properly adjourned meeting, assent to such lease or purchase. A stockholder who refuses to assent to such lease or sale and so signifies by notice

in writing to the lessee or purchaser within ninety days thereafter is entitled to

demand and receive compensation in the manner provided for the compensation of stockholders

dissenting from the sale or lease of a railroad.