(610 ILCS 5/10)
(from Ch. 114, par. 10)
Meetings; access to records.
At the regular annual meeting of
the stockholders of any corporation organized under the provisions of this act,
it shall be the duty of the president and directors to exhibit a full, distinct
and accurate statement of the affairs of the corporation; and at any
meeting of the stockholders, a majority of those present (in person or
by proxy) may require similar statements from the president and directors,
whose duty it shall be to furnish such statements when required.
At all general meetings of the stockholders, a majority in value of the
stockholders of any such corporation may fix the rates of interest which shall
be paid by the corporation for loans for the construction of such railway and
its appendages, and the amount of such loans.
At any special meeting, by a two-thirds vote in value of all the stock, such
stockholders may remove any president, director or other officer of such
corporation, and elect others instead of those so removed.
All stockholders shall, at all reasonable hours, have access to and may
examine all the books, records and papers of such corporation.
(Source: P.A. 88-45.)