(610 ILCS 5/26) (from Ch. 114, par. 28)
Sec. 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 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.
(Source: Laws 1871, p. 625.)
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