Section 40-20-101 - Certificate of incorporation(1) Any number of persons, not less than five, may associate to form a company for the purpose of constructing and operating a railroad.(2) The certificate of incorporation, in addition to the matter otherwise required, shall specify as follows: (a) The places from and to which it is intended to construct the proposed railway;(b) The time of the commencement and the period of the continuance of such proposed corporation;(c) The names and places of residence of the several persons forming the association for incorporation; and(d) In what officers or persons the government of the proposed corporation and the management of its affairs shall be vested.G.L. § 298. G.S. § 333. R.S. 08: § 5410. C.L. § 2815. CSA: C. 139, § 1. CRS 53: § 116-1-1. C.R.S. 1963: § 116-1-1. L. 69: p. 966, § 1. For the disposition of unclaimed freight, see article 13 of title 38; for lien on goods and baggage, see § 38-20-105; for the assessment of railroad property for the purpose of taxation, see article 4 of title 39; for provisions applicable to public utilities generally, see articles 1 to 9.5 of this title.