N.Y. Railroad Law § 228: Commissioners to deliver certificate; affidavit of directors

§ 228. Commissioners to deliver certificate; affidavit of directors.

Within ten days after the election of such directors the commissioners

shall deliver to them a certificate in duplicate, verified by the oath

of three commissioners, before a justice of the supreme court, setting

forth the certificate of incorporation and the organization of the

corporation for the purposes therein mentioned, and within five days

after the reception by them of such certificates, three of the directors

so elected shall make affidavit in duplicate that the full amount of

stock has been subscribed in good faith to construct, maintain and

operate the railroad or railroads in such certificate of incorporation

mentioned, and such directors shall file such affidavits and certificate

in the office of the secretary of state, and a duplicate of the same in

the office of the clerk of the county wherein such railroad shall be

located; and thereupon the persons who have so subscribed such

certificate of incorporation and all persons who shall become

stockholders in such corporation shall be a corporation by the name

specified in such certificate, and be subject to the duties, liabilities

and restrictions of such corporations.