Indiana Statutes

§ 8-4-1-32 — Failure to complete road; voiding of corporation

Indiana § 8-4-1-32
JurisdictionIndiana
Art. 4ORGANIZATION AND OPERATION OF
Ch. 1Incorporation of Railroad Companies

This text of Indiana § 8-4-1-32 (Failure to complete road; voiding of corporation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-4-1-32 (2026).

Text

If any such corporation shall not, within three

(3)years after its incorporation, begin the construction of its road, and expend thereon five (5) per cent of the amount of its capital, and finish the road and put it in full operation in ten (10) years thereafter, its act of incorporation shall become void. Formerly: Acts 1852, 1RS, c.83, s.34.

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Indiana § 8-4-1-32, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-4-1-32.