New Hampshire Revised Statutes 367:17 – Time for Building
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Terms Used In New Hampshire Revised Statutes 367:17
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
All the franchises and rights of a corporation so established, as to any portion of its railroad which is not completed ready for operation at the end of 3 years from the date of its certificate of establishment, shall be forfeited.