§ 610 ILCS 5/0.01 Short title
§ 610 ILCS 5/1 Any number of persons, not less than 5, may become an incorporated …
§ 610 ILCS 5/1.1 This Act does not apply to railroads incorporated after July 1, 1985, …
§ 610 ILCS 5/2 Such persons shall organize by adopting and signing articles of …
§ 610 ILCS 5/3 Such articles shall contain: First–The name of the proposed corporation
§ 610 ILCS 5/4 When the articles shall have been filed and recorded in the office of …
§ 610 ILCS 5/5 No such corporation shall be formed to continue more than 50 years in …
§ 610 ILCS 5/6 A copy of the by-laws of the corporation, duly certified, shall be …
§ 610 ILCS 5/7 Every such corporation organized under the provisions of this act …
§ 610 ILCS 5/8 All the corporate powers of every such corporation shall be vested in …
§ 610 ILCS 5/9 A meeting may be called at any time during the interval between such …
§ 610 ILCS 5/10 Meetings; access to records
§ 610 ILCS 5/11 In case it shall happen, at any time, that an election of directors …
§ 610 ILCS 5/12 There shall be a president of such corporation, who shall be chosen …
§ 610 ILCS 5/13 The directors of such corporation may require the subscribers to the …
§ 610 ILCS 5/13a Any railroad corporation may, with the consent of the stockholders …
§ 610 ILCS 5/14 The stock of such corporation shall be deemed personal estate and …
§ 610 ILCS 5/15 In case the capital stock of any such corporation shall be found …
§ 610 ILCS 5/15.5 No person holding stock in any such corporation as executor, …
§ 610 ILCS 5/16 Each stockholder of any corporation formed under the provisions of …
§ 610 ILCS 5/17 If any such corporation shall be unable to agree with the owner for …
§ 610 ILCS 5/17.5 Eminent domain
§ 610 ILCS 5/18 Any such corporation may, by their agents and employees, enter upon …
§ 610 ILCS 5/19 Every corporation formed under this act shall, in addition to the …
§ 610 ILCS 5/20 The rolling stock and all other movable property belonging to any …
§ 610 ILCS 5/21 No such corporation shall issue any stock or bonds, except for money, …
§ 610 ILCS 5/22 No such corporation shall consolidate its capital stock with any …
§ 610 ILCS 5/25 In all elections for directors or managers of such railway …
§ 610 ILCS 5/25.5 In all cases when any corporation organized under this act to induce …
§ 610 ILCS 5/26 If any railway corporation organized under this act, shall not, …
§ 610 ILCS 5/27 An act entitled “An Act to amend ‘an Act to provide for a general …

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Terms Used In Illinois Compiled Statutes > 610 ILCS 5 - Railroad Incorporation Act

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Budget: means the annual budget of the district required under Section 17-1 of this Code, as in effect from time to time. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • District: means any school district having a population of not more than 500,000 that has had a Financial Oversight Panel established under this Article. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • Executor: A male person named in a will to carry out the decedent
  • Financial plan: means the financial plan of the district to be developed pursuant to this Article, as in effect from time to time. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Irrevocable trust: A trust arrangement that cannot be revoked, rescinded, or repealed by the grantor.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Oath: A promise to tell the truth.
  • oath: shall be deemed to include an affirmation, and the word "sworn" shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Obligations: means notes or other short-term debts or liabilities of the Panel. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Panel: means a Financial Oversight Panel created under this Article. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State Board: means the State Board of Education. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • State Superintendent: means the State Superintendent of Education. See Illinois Compiled Statutes 105 ILCS 5/1H-10
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.