Sidebilder
PDF
ePub

PRIVATE LAWS.

ACADEMIES AND COLLEGES.

AN ACT to amend "An act incorporating the University of Chicago."

In force February 18, 1863.

Observatory.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the act entitled "An act incorporating the University of Chicago," be amended as follows: That, in addition to the powers conferred by said act, the said university have power to establish an Astronomical Observatory; to receive donations and Astronomical bequests of money and property, for the founding and maintenance of the same; to provide for the management of the said observatory, either directly by the trustees of the said university, or by a board of directors, to be appointed by the trustees of the said university, to whom the said trustees; may delegate the necessary powers.

2. This act to be in force from and after its passage. APPROVED February 13, 1863.

A BILL for An act to amend the charter of the Chicago Law Institute.

In force February 14, 1863.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That in addition to the powers granted to said institute, by its charter, Forfeiture of the said institute shall have power, by by-law or otherwise,

stock.

Exemption from sale of shares of stock.

to forfeit and declare void the share or shares of stock of any member thereof, for the non-payment of assessments or installments on stock; such stock, when so forfeited, to be held and owned as the property of the institute.

§ 2. When any practicing attorney owns a share or shares of stock in the "Chicago Law Institute," and does not own any private law library, the exemption of which private library from levy or forced sale to the extent in value of one hundred dollars, is provided for by an act entitled "An act concerning the exemption of personal property from levy or forced sale on execution or other process," approved February 22, 1861, such share or shares of stock so owned shall be, to the extent of one hundred dollars in value, exempt from levy and forced sale. APPROVED February 14, 1863.

In force February AN ACT to authorize the trustees of the LaHarpe Academy, in the town of 20, 1863.

LaHarpe, to convey property.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the present organization of the LaHarpe Academy, in LaHarpe, Hancock county, be and the same is hereby legalized; and that J. W. Nudd, Samuel White, J. W. Bray, N. B. Butler, John Warren and O. Gochenour, the trustees of said academy, be authorized to convey to the city council of the city of LaHarpe, lots one and six, in block one, in Gochenour's addition to the town of LaHarpe, for school purposes, in accordance with the terms of an agreement now subsisting between said academy and said city council.

82. This act shall be in force from and after its passage. APPROVED February 20, 1863.

In force February AN ACT to amend an act entitled "An act to incorporate the Quincy Eng21, 1868. lish and German Seminary, in the City of Quincy, in the county of Adams, and State of Illinois," in force February 5th, 1855.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the name Change of name. of the corporation heretofore created by the act to which this an amendment shall be and is hereby changed to the "Quincy English and German College," with the same powers, duties, rights, liabilities and privileges, as the present body corporate, which is known by the name of "The Presi

dent and Trustees of the Quincy English and German Seminary," now have or are subject to.

corpo

rate powers.

§ 2. The said corporation, heretofore designated as "The General President and Trustees of the Quincy English and German Seminary," in the act to which this an amendment, shall hereafter be designated as the "Quincy English and German College," and shall hereafter sue and be sued, implead and be impleaded, upon or for all liabilities, rights or credits, debts, dues or demands, whether of the corporation heretofore known as "The President and Trustees of the Quincy English and German Seminary," or created by the same corporation, by and under the corporate name now conferred upon it, of the "Quincy English and German College," in and by the said name of the "Quincy English and German College;" and the title to all property, now vested in "The President and Trustees of the Quincy English and German Seminary," or hereafter acquired by said corporation, shall be and stand in the name of said corporation, under its present name of the "Quincy English and German College," subject to all liens, and rights of third parties, and of said corporation, as though no change had been made in said corporate name; and loans and securities given therefor, by said corporation, and decrees by reason thereof, are hereby confirmed.

[ocr errors]

money.

§ 3. The said corporation, by and under its present cor- Power to borrow porate name of the "Quincy English and German College,' shall have power, by and under its corporate name, as hereby amended, to borrow money, not exceeding the sum of one hundred thousand dollars, and to secure the same, by executing the notes or bonds of said corporation, and by executing mortgages or trust deeds, or any other incumbrances, upon the property of said corporation, real or personal, for the purposes of paying off debts now existing against the corporation created by the act to which this is an amendment, or for any purpose required by said corporation under its name, as changed by this act, or for any other purpose, not inconsistent with the purposes of the act to which this is an amendment, or of this act; and shall also have power, by and under its corporate name, as amended hereby, to lease the real or personal property of said corpo- Lease and sale of ration, or to sell the same, and by deed to convey all or any part of the real estate of said corporation, or to sell any or all the personal property of said corporation, for the purpose of paying the debts heretofore created, or which may hereafter be created under this act or the act to which this is an amendment, or for any purpose not inconsistent with this act or the act to which this is an amendment,

property.

§ 4. Said corporation shall have a common seal, to be Corporate seal. by said corporation adopted, with such device as to said corporation shall be deemed proper.

[ocr errors]

§ 5. This act to be in force from and after its passage, and to be deemed and taken and received in evidence a public act.

APPROVED February 21, 1863.

In force February 21, 1863.

Preamble.

Corporators.

Style-Powers.

Object.

Trustees.

AN ACT to incorporate the Mattoon Female Seminary.

WHEREAS there has been, for more than a year, in successful operation in the city of Mattoon, Coles county, Illinois, a female school, by the name of the "Mattoon Female Seminary;" therefore, for the purpose of firmly establishing and permanently maintaining and making this a female seminary of the highest order, affording to all the opportunity of obtaining an intellectual education in all the substantial, refined, polished, classical and scientific attainments of the present age,

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That D. F. McFarland, Alpheus Hasbrouck, William Millar, B. F. Henry, James M. Miller, Leonidas Chapin and James Wright, and their successors in office, be and are hereby created a body politic and corporate, under the name and style of "Mattoon. Female Seminary," and by that name and style to remain and have perpetual succession, with power to contract and be contracted with, sue and be sued, plead and be impleaded; to hold all kinds of property, real and personal and mixed, which they may acquire by gift, grant, purchase, donation, devise, or otherwise, necessary to accomplish the object of the incorporation, and the same to dispose of, convey, or incumber, at pleasure-in which case, all conveyances shall be signed and acknowledged by the president of said incorporation; to have and use a common seal, and alter the same at pleasure; to make and alter such by-laws for the government of said incorporation, its officers and agents, not inconsistent with the constitution and laws of this State; and shall have and enjoy, and may exercise, all the powers, rights and privileges which other corporate bodies may lawfully do, for the purposes mentioned in this

act.

§ 2. The objects contemplated by this act of incorporation are, to build up and maintain, in the city of Mattoon, an institution of learning, of the highest class, for females; to teach and inculcate the principles of a sound morality, and for the promotion of the arts and sciences.

83. The persons named in the first section, and their successors, shall be the trustees of said institution, a majority of whom, met at any time-all being notified of the time

and place of meeting-shall be a quorum to transact business, and shall have power to erect the necessary buildings; to appoint a president or principal-who shall not be removed unless for immorality-professors or teachers, and any other agents and officers; to confer degrees in the liberal arts and sciences, and to do all other things for the encouragement of sound christian morality and learning which are lawfully done by the most approved and first class female seminaries and colleges in the United States.

84. The president or principal of said female seminary, President with the advice of the trustees, shall have power, from time to time, to ordain, regulate and establish the course and mode of instruction and education to be pursued in said seminary, and together with such professors, teachers and tutors as may be appointed by said trustees, shall be entitled and styled the "Faculty of Mattoon Female Seminary," and shall have power to adopt and enforce such rules as may be deemed expedient for the government of the institution; which rules shall be in force until disapproved or annulled by the trustees and faculty.

may confer degrees.

5. The trustees, or a majority of them, shall have Trustees power to meet at such times as they shall deem necessary, by themselves or committee, for the examination of any candidates for literary degrees; and they are hereby empowered, upon recommendation of the faculty, to confer the same on such persons as in their opinion shall merit the same, and to give testimonials thereof, under their common seal; which diplomas shall also be signed by the president or principal, and all the professors and teachers.

6. The trustees aforesaid may cause to be opened Capital stock. books of subscription to the capital stock of said incorporation, and may fix the whole amount of the capital stock, and may fix and limit the amount of each share, and the number of shares, and may close the said books whenever, in their judgment, a sufficient amount shall have been subscribed for the purposes hereof; which capital stock shall be deemed personal property, and shall be transferable by assignment of certificate on the books of said corporation, in such manner as the board of trustees shall prescribe; and for purposes of erecting suitable buildings and endowing said ínstítution, the trustees shall have power to issue bonds and certificates of stock, secured by mortgage upon said institution; said bonds and certificates shall be in suitable sums, and of such an amount as best to accomplish the objects for which they shall have been issued, bearing such a rate of interest and having such times to mature as the trustees shall deem expedient; and they shall make suitable provision for the interest annually accruing on them. Said bonds and certificates may be redeemed at any time by the president or principal of the institution, and become personal stock, like the other shares of capital stock; and for the endowment of the

« ForrigeFortsett »