Construction of

act.

and oftener if required by a majority of the votes of the stockholders, the directors shall lay before the stockholders, at a general meeting, an exact and particular statement of the profits, if any there be, after deducting losses and dividends..

§ 21. This act is hereby declared to be a public act, and shall take effect from and after its passage, and shall be liberally construed for every purpose herein contained. Limitation. § 22. This charter shall be void unless the stock shall be subscribed and the company shall commence operations, agreeably to the provisions thereof, within three years from the passage of this act.

Banking pow- § 23. Nothing in this act contained shall confer on said ers prohibited. corporation banking powers.

Losses.

§ 24. That in case of any loss or losses taking place, which shall be equal to the amount of the capital stock of said company, and the president and directors, after knowing of such loss or losses having taken place, shall subscribe to any policy of insurance, their estates, jointly and severally, shall be accountable for any and every loss which shall take place under policies so subscribed; and the estates of stockholders, as aforesaid, shall be liable for any losses equal to the amount of said capital stock subscribed and not actually paid in, in all cases of losses not exceeding the means of said company, whether they consist of of stock paid in or of profits not divided. APPROVED Feb. 15, 1851.

In force February 15, 1851. Preamble.

AN ACT for the relief of Henry Crider and James A. Oliver.

Whereas judgment was rendered against Henry Crider, James A. Oliver, and others, sureties of James Hankins, late sheriff of Fayette county, deceased, for the sum of five hundred and ninety-seven dollars and six cents, and execution having issued upon said judgment and levied upon the lands of said Crider and Oliver, which land was sold, and purchased by the state of Illinois; therefore, SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That if the Reconveyance. said Henry Crider and James A. Oliver shall pay to the auditor of the state of Illinois the sum of two hundred and forty dollars, being their proportion of the said judgment, that it shall then be the duty of the said auditor to re-convey by deed, or transfer of the certificate of purchase, to the said Henry Crider and James A. Oliver, the lands so sold.

and purchased by the state of Illinois: Provided, that the said sum of two hundred and forty dollars and six cents shall be paid within twelve months from the passage of this act. APPROVED February 15, 1851.

AN ACT amendatory of "An act for the relief of Thomas S. Brockman, late collector In force Februaof the county of Brown, and his securities," passed February twenty-eight, one thousand eight hundred and forty-five.

ry 15, 1851.

SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That the auditor of public accounts be empowered, and he is hereby Authority to authorized to adjust, and full settlement to make with auditor. Thomas S. Brockman, late collector of Brown county, to correct and make allowance for all errors in the original assessment for taxes for one thousand eight hundred and forty, and all errors in the sale for said taxes which may be satisfactorily shown by authenticated statements made by the proper officers of Brown county.

§ 2. Said auditor is further authorized to release the Release of amount of said errors, and give said Brockman credit there- rors. for upon a judgment against him and securities, in the supreme court.

er

§ 3. Said Brockman is hereby released from the pay- Release of penment of twelve per cent. per annum upon the amount of alty. said judgment, but is bound for six per cent. per annum upon the residue of said judgment, after the correction and release of said errors.

§ 4. The auditor is hereby authorized and empowered Conveyance of to convey, release and transfer to the said Thomas S. Brock- lands. man, his heirs and assigns, all the right, title and interest of the state to any and all lots, tracts or parcels of lands that may have been purchased by the state on and in payment of an execution in favor of the state, issued in pursuance of the judgment aforesaid. It being the intent and meaning of this act that the said Brockman shall pay into the state treasury the amount that should properly have been paid by him, with interest and costs, and that he be released from all other liabilities on account of said judgment: Provided, Proviso. he complies with the provisions of this act on or before the first day of June, one thousand eight hundred and fifty-one. § 5. This act to take effect and be in force from and after its passage.

APPROVED Feb. 15, 1851.

In force Febru- AN ACT to authorize Frederick C. McKenny and his associates to build a toll-bridge ary 15, 1851. across Rock river, at the town of Dixon, Lee county, Illinois.

SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That Frederick C. McKenny and his associates, and his and their heirs and assigns, be and they are hereby authorized to build a toll-bridge across the Rock river, at the town of Dixon, in the county of Lee, and state of Illinois. Commencement § 2. The said Frederick C. McKenny and his associand comple- ates, their heirs and assigns, shall commence the said bridge tion of bridge. within two years, and complete the same within four years after passage of this act.

Toll-gate.

Toll.

Proviso.

House.

Proviso.

Proviso.

§ 3. The said Frederick C. McKenny and his associates, their heirs and assigns, are hereby authorized, after the completion of said bridge, to place a toll-gate at either end of said bridge, where he and they, and their heirs and assigns, may demand toll of any and every person crossing said bridge: Provided, that the rates of toll for crossing said bridge shall never exceed those allowed for crossing the ferry as now established at Dixon, and that after the expiration of twenty years from the completion of the said bridge, the corporation of the town of Dixon, the county of Lee, or the state of Illinois, shall have the right to purchase the same, by paying the cost of construction, and the interest thereon, at the rate of six per cent. per annum.

§ 4. That the said Frederick C. McKenny and his associates, their heirs and assigns, shall have the right to erect a suitable house at either end of said bridge, for the convenience of a collector of tolls: Provided, the same shall not interfere with the travel to and from said bridge.

Bridge to be § 5. The said Frederick C. McKenny and his associkept in repair. ates, their heirs and assigns, shall, at all times after the completion of said bridge, keep the same in good repair, and allow a speedy passage, and if at any time the said bridge shall be out of repair so as to be impassable for the space of six months at any one time, the same shall become the property of the corporation of the town of Dixon: Provided, that the destruction of the same by fire, water, or other casualty, shall not work such forfeiture, but the same shall be rebuilt or repaired as soon as practicable thereafter: And Further proviso. provided, further, that if any person in crossing said bridge shall sustain any injury or damage, either to himself or in his property, in consequence of said bridge not being kept in good repair, the proprietor or proprietors thereof shall be responsible for the same in their private property.

Penalty.

§ 6. Any person crossing said bridge with any beast, carriage or other vehicle, in a faster gait than a walk, shall, for every such offence, be subject to a fine of five dollars, to be recovered before any justice of the peace in an ac

tion of debt: Provided, that notice of the same shall be put in large capitals at either end of the bridge.

§ 7. If at any time Rock river shall be made navigable, Draw. by the erection of locks in the dams above and below said bridge, then shall the proprietors cause a draw to be made in said bridge, so that said bridge shall not obstruct the navigation of said river.

§ 8. No ferry or toll-bridge shall be allowed or estab- Exclusive right. lished within one mile of the place where said bridge is au

thorized to be built.

APPROVED February 15, 1851.

AN ACT to establish a ferry across the Kaskaskia river.

In force February 15, 1851.

ed.

SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That the ferry heretofore established by the county commissioners' court, on the ninth day of June, one thousand eight hundred and forty-one, on section sixteen, lot No. six, in town one south, of range five west of the third principal meridian, on the Kaskaskia river, in the name of B. M. Cox, Ferry establishin Clinton county, is hereby declared a regularly established ferry; and the roads leading to and from said ferry are hereby declared public roads, and that the county court of Roads. Clinton county shall possess the power from time to time to establish rates of toll or ferriage to be received at said Toll. ferry: Provided, that the inhabitants of said township shall at all times be permitted to cross free of charge, and of assessing a tax upon the same, according to the instructions Tax. of the trustees of said township: Provided, that the said tax shall not exceed annually the sum of one hundred dollars, which tax shall be collected as other township assessments, and paid into the treasury of said township, to be appropriated as other township funds; and all the revenues arising from ferry privileges on said section sixteen be under the direction and management of the said trustees as aforesaid, and that section third of the act of February twenty-three, one thousand eight hundred and forty-three, repealed. is hereby repealed.

This act to take effect from and after its passage.
APPROVED Feb. 15, 1851.

Section of act

In force Febru- AN ACT authorizing the towns of Wilmington and Reed, and other towns to raise a ary 15, 1851. tax for the improvement of the Kankakee river, and for building a bridge across said river.

Vote.

Notice.

ting.

Rate of tax.

SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That it shall be lawful for the legal voters of the towns of Wilmington and Reed, in Will county, at their next annual town meeting, to vote for or against a tax for the improvement of the Kankakee river, from the state dam up said river to Wilmington, and for building a bridge across said river at Wilmington. Notice of said vote shall be given by the respective town clerks of said towns, by posting up written or printed notices thereof in three of the most public places in each of said towns, at least ten days prior to said town meetings.

Manner of vo- § 2. Said vote shall be taken by ballot, upon which shall be written or printed, or partly written and partly printed, "for the tax," or "against the tax." If it shall be found that a majority of the voters of said towns of Wilmington and Reed, respectively voting upon the question, have voted in favor of the tax, then there shall be assessed, for and during the term of four years, an annual tax of one cent upon every dollar's worth of taxable property, real and personal, in said towns, or of whichever of said towns shall Mode of collec- have voted in favor of said tax; which tax shall be collected in the same manner as other taxes are collected, except that it shall be paid in money only. Said votes shall be canvassed, as nearly as may be, as votes at general elections. are canvassed, and shall be certified to by the moderators and clerks of said town meetings, and filed in the office of the town clerks of said towns respectively.

tion.

How paid over.

§ 3. The collectors of each of said towns shall annually pay over to the treasurer of the Kankakee and Iroquois Navigation and Manufacturing company the amount of taxes collected under the provisions of this act, after deducting his fees, which shall be the same as in other collections, and shall receive his receipt therefor; and the proper officer of said company shall make out and deliver to the supervisor or town clerk of said towns, respectively, a certificate of stock in said company, equal to four times the amount of money so paid in by the said collector for the first year, and shall indorse upon the back of said certificate the amount of money paid in, and the several amounts paid in from year to year thereafter shall be indorsed upon said certificate in like manner. If either of said towns shall at the expiration of said four years have paid to the treasurer of said company a sum greater than the par value of the certificate issued to said town, it shall be the duty of the proper officer of said company to pay to said town an additional amount of stock equal to such excess; and in case either