Illinois Compiled Statutes
Chapter 610 - RAILROADS
610 ILCS 15/ - Railroad Stock Transfer Act.

(610 ILCS 15/0.01) (from Ch. 114, par. 29m)
Sec. 0.01.
Short title.
This Act may be cited as the
Railroad Stock Transfer Act.

(Source: P.A. 86-1324.)

(610 ILCS 15/1) (from Ch. 114, par. 30)
Sec. 1.

Each and every railroad corporation, organized
or doing business in this state, under the laws or authority thereof, shall
have and maintain a public office, or place in this state for the
transaction of its business, where transfers of shares of its stock shall
be made by such railroad corporation, upon the request of the owner of
shares thereof, presenting the certificate thereof. Every such railroad
corporation shall keep a book in which the transfers of shares of its stock
shall be registered, and another book containing the names of its
stockholders, which book shall be open to the examination of the
stockholders.

(Source: Laws 1883, p. 128.)

(610 ILCS 15/1.1) (from Ch. 114, par. 30.1)
Sec. 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 1983, as amended.

(Source: P.A. 84-796.)

(610 ILCS 15/2) (from Ch. 114, par. 31)
Sec. 2.

For every year that any such railroad corporation fails to comply with
the provisions of Section 1 it shall be guilty of a business offense and
shall be fined not less than $4,000. In all cases under this act either
party shall have the right of trial by jury.

(Source: P.A. 77-2197.)

(610 ILCS 15/3) (from Ch. 114, par. 32)
Sec. 3.

The fines hereinbefore provided for, may be recovered in an
ordinary civil action in the name of the People of the State of Illinois.

(Source: Laws 1935, p. 1112.)

(610 ILCS 15/4) (from Ch. 114, par. 33)
Sec. 4.

The Illinois Commerce Commission shall investigate and ascertain
whether the provisions of this act are violated by any railroad
corporation. Whenever the facts warrant prosecution, the commission shall
immediately cause suits to be commenced and prosecuted against any railroad
corporation which has violated the provisions of this act. Actions may be
instituted in any county through or into which the line of the corporation
extends. Actions so commenced shall not be dismissed unless the commission
and the attorney general shall consent thereto.

(Source: Laws 1943, vol. 1, p. 1049.)

(610 ILCS 15/5) (from Ch. 114, par. 34)
Sec. 5.

All fines recovered under the provisions of this act shall be
paid into the county treasury of the county in which the suit is tried,
by the person collecting the same, in the manner now provided by law, to
be used for county purposes.

(Source: Laws 1883, p. 128.)