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Purchase by a railway company of its own debenture stock.
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17.—(1) A railway company may, notwithstanding anything contained in any Act or other instrument constituting or regulating such company, purchase in any stock exchange or by private treaty any quantity of the debenture stock or any of the debenture stocks of such company and may use for such purchase any moneys in its hands, other than moneys raised by the issue of stock or by borrowing or otherwise expressly for another purpose.
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