What’s up with the North Carolina Railroad?
That’s a question many are asking after the state-owned railroad came trying to collect rent on businesses that are located close to their rail lines. According to NC RR officials, 150 years of surveying errors and lack of oversight have prevented them from collecting rent on lands they legally own and within their 200-foot right of way.
They say they have signed more than 230 leases for their lands and that another 120 or so are yet to be negotiated. Affected small business owners are understandably upset when a representative of the NC RR walks in and claims they owe rent to the state rail line.
Look for court cases and legislative action regarding these collection efforts.
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