Illinois § 26

Illinois Statutes

§ 26

Illinois § 26

TopicTRANSPORTATION

Ch. 610RAILROADS

Act 610 ILCS 5/Railroad Incorporation Act.

This text of Illinois § 26 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

610 Ill. Comp. Stat. 26 (2026).

Text

If any railway corporation organized under this act, shall not, within two years after its articles of association shall be filed and recorded as provided in the second section of this act, begin the construction of its road, and expend thereon twenty-five per cent. on the amount of its capital, within five years after the date of its organization, or shall not finish the road and put it in operation within ten years from the time of filing its articles of association, as aforesaid, its corporate existence and powers shall cease.

Free access — add to your briefcase to read the full text and ask questions with AI

If any railway corporation organized under this act, shall not, within two years after its articles of association shall be filed and recorded as provided in the second section of this act, begin the construction of its road, and expend thereon twenty-five per cent. on the amount of its capital, within five years after the date of its organization, or shall not finish the road and put it in operation within ten years from the time of filing its articles of association, as aforesaid, its corporate existence and powers shall cease.

Legislative History

(Source: Laws 1871, p. 625.)

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Illinois § 26, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/610/26.