Sec. 3. Articles of association formed under section 1 of this chapter shall be filed in the office of the secretary of state; and, thereupon, the persons who have subscribed the same, and all persons who shall, from time to time, become stockholders in such company, and their successors, shall be a body politic and corporate, in perpetuity, by the name stated in such articles of association; and may sue or be sued; and may have a common seal, and may make and alter the same at pleasure; and shall be capable, in law, of purchasing, holding, and conveying any real and personal property whatever, necessary for the construction of such road and for the erection of all necessary buildings and yards and appurtenances for the use of the same. A copy of any articles of association filed in pursuance of this chapter, and certified to be a copy, by the secretary of state or the secretary of state’s deputy, shall, in all courts and places, be presumptive evidence of the incorporation of such company and of the facts stated in the articles of association.

Formerly: Acts 1852, 1RS, c.83, s.2. As amended by P.L.62-1984, SEC.32; P.L.136-2018, SEC.86.