Illinois Compiled Statutes 610 Railroads: Article -
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 0.01
Short title. This Act may be cited as the Railroad Incorporation Act. (Source: P.A. 86-1324.)
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 1
Any number of persons, not less than 5, may become an incorporated company for the purpose of constructing and operating any railroad in this...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 1.1
This Act does not apply to railroads incorporated after July 1, 1985, or to railroads which are reincorporated under the Business Corporation Act of...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 2
Such persons shall organize by adopting and signing articles of incorporation, which shall be filed and recorded in the office of the Secretary of...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 3
Such articles shall contain: First--The name of the proposed corporation. Second--The places from and to which it is intended to construct the proposed railway....
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 4
When the articles shall have been filed and recorded in the office of the Secretary of State, as aforesaid, the persons named as corporators...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 5
No such corporation shall be formed to continue more than 50 years in the first instance, but any railroad company formed under any law...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 6
A copy of the by-laws of the corporation, duly certified, shall be recorded as provided for the recording of the articles of association in...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 7
Every such corporation organized under the provisions of this act shall have and maintain a public office or place in this state for the...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 8
All the corporate powers of every such corporation shall be vested in and be exercised by a board of directors, who shall be stockholders...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 9
A meeting may be called at any time during the interval between such annual meetings, by the directors, or by the stockholders owning not...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 10
Meetings; access to records. At the regular annual meeting of the stockholders of any corporation organized under the provisions of this act, it shall...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 11
In case it shall happen, at any time, that an election of directors shall not be made on the day designated by the by-laws...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 12
There shall be a president of such corporation, who shall be chosen by and from the board of directors, and such other subordinate officers...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 13
The directors of such corporation may require the subscribers to the capital stock of such corporation to pay the amount by them respectively subscribed,...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 13a
Any railroad corporation may, with the consent of the stockholders hereinafter stated, issue and sell, subject, however, to the provisions of the Illinois Securities...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 14
The stock of such corporation shall be deemed personal estate and shall be transferable in the manner prescribed by the by-laws of such corporation....
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 15
In case the capital stock of any such corporation shall be found insufficient for constructing and operating its road, such corporation may, with the...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 15.5
No person holding stock in any such corporation as executor, administrator, guardian or trustee, and no person holding such stock as collateral security, shall...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 16
Each stockholder of any corporation formed under the provisions of this act, shall be held individually liable to the creditors of such corporation to...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 17
If any such corporation shall be unable to agree with the owner for the purchase of any real estate required for the purposes of...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 17.5
Eminent domain. Notwithstanding any other provision of this Act, any power granted under this Act to acquire property by condemnation or eminent domain is subject...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 18
Any such corporation may, by their agents and employees, enter upon and take from any land adjacent to its road, earth, gravel, stone, or...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 19
Every corporation formed under this act shall, in addition to the powers hereinbefore conferred, have power: 1. To cause such examination and survey for...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 20
The rolling stock and all other movable property belonging to any such corporation, shall be considered personal property, and shall be liable to execution...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 21
No such corporation shall issue any stock or bonds, except for money, labor or property actually received and applied to the purposes for which...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 22
No such corporation shall consolidate its capital stock with any other railway owning a parallel or competing line. And in no case shall any...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 25
In all elections for directors or managers of such railway corporations every stockholder shall have the right to vote, in person or by proxy,...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 25.5
In all cases when any corporation organized under this act to induce aid in its construction, either by donation or subscription to its capital...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 26
If any railway corporation organized under this act, shall not, within two years after its articles of association shall be filed and recorded as...
- Illinois Railroad Incorporation Act. - 610 ILCS 5, Section 27
An act entitled "An Act to amend 'an Act to provide for a general system of railroad incorporations,' approved November 5, 1849," approved February...
Last modified: February 18, 2015