State ex rel. Brummitt v. Snow Hill Railway Co.

The sole question presented for determination is the meaning of C. S., 3456, and whether it applies to this ease. The statute is worded as follows: "Forfeiture for failure to begin or complete railroad. — If any railroad corporation shall not within three years after its articles of association are filed and recorded in the office of the Secretary of State, or the passage of its charter, begin the construction of its road and expend thereon ten per cent of the amount of its capital, or shall not finish the road and put it in operation in ten years from the time of filing its articles of…