of said towns shall have paid in at the end of said term of four years an aggregate amount less than the par value of its certificate of stock, it shall be the duty of said town to surrender to the proper officer of said company an amount of its stock equal to such deficit; and in no case shall either of said towns be held to pay over to said company upon such stock a greater sum than the taxes above provided for. Said towns shall respectively be considered stockholders in said company, and shall each have as many votes in all meetings of the stockholders of said company as their respective shares will entitle them to, which vote may be given by the supervisor for the time being of each of said towns, unless said towns shall, at a regular town meeting, otherwise direct. §4. The money so raised and paid over shall be faith- Application. fully applied by said Kankakee and Iroquois Navigation and Manufacturing company to the following objects: First. To the improvement of the navigation of the Kankakee river, from the state dam to the town of Wilmington. Secondly. To the building of a bridge across said river at said town of Wilmington. Second vote. § 5. In case one of said towns shall vote in favor of said Special town tax and the other shall vote against said tax, it shall be the meeting. duty of the town clerk and supervisor of said town voting against said tax to call a special town meeting, giving like notices as above, within sixty days after said first vote, at which time the legal voters may again vote for or against a tax; and in case a majority of those voting on the question shall vote in favor of a tax, the same shall be levied and collected as above set forth; and in case a majority shall vote against said tax, then no such tax shall be collected for that year; and in case either or both of said towns shall refuse to raise said tax during the present year, it shall be lawful for such town or towns, at the annual town meeting in 1852, Third vote. to take a like vote; and the provisions hereinbefore provided shall be applied to that and all subsequent taxes, as nearly as may be, and the same shall be levied and collected for the term of four years from and after the said vote is taken. § 6. It shall be lawful for the Kankakee and Iroquois Bridge to be Navigation and Manufacturing company, in case said town built. or towns shall levy and pay in said tax, as aforesaid, to construct a good and substantial bridge across the Kankakee river, at Wilmington, at some convenient and suitable point; and the said company shall have the right to establish such rates of toll for crossing said bridge as may be reasonable and just, which tolls shall be subject to such alterations by the general assembly from time to time as may be equitable and just. § 7. This act shall not be construed to interfere with or in any way alter or change the rights of or be binding Tolls. Limitation. Other towns. upon the said Kankakee and Iroquois Navigation and Man- § 9. This act to be in force on its passage. In force Febru- AN ACT for the relief of the sureties of Meredith J. Blockberger, late collector of ary 15, 1851. Time extended. Montgomery county. SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That George Burnap, Reuben Ross, William Wood and Thomas A. Gray, securities on the official bond of Meredith J. Blockberger, late sheriff and collector of Montgomery county, be allowed the term of two years from the passage of this act, for the payment into the state treasury of the balance due from said late collector, for arrears of revenues due the state, upon executing the joint obligation of said above named securities, with such additional security as shall be deemed necessary, if any shall be deemed necessary by the auditor of public accounts, payable to the state treasurer, within two years from the passage of this act. APPROVED Feb. 15, 1851. In force Feb.15, 1851. Allowance. AN ACT for the relief of Green Massey, late sheriff of Alexander county. SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That the auditor of the state of Illinois be allowed and he is hereby instructed to draw his warrant on the treasurer of this state in favor of Green Massey, late sheriff of Alexander county, for the sum of sixty dollars. § 2. This act to take effect from and after its passage. AN ACT to incorporate the Fayette County Seminary. In force Feb.15, 1851. SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That E. Capps, James W. Berry, William C. Greenup, Benjamin W. Corporation. Thompson, George W. Hale, Samuel Spence, Robert Blackwell, John Shirley, Henry E. Waterman, Daniel Gregory, Thomas Wilkins and Joseph Gordon, and their successors, be and they are hereby constituted a body politic and corporate, by the name of "Fayette Seminary," Style. and by that name shall have perpetual succession, with power to make contracts, to sue and be sued, plead and be Powers. impleaded, and to grant and receive by their corporate name; to accept, acquire purchase or sell property, real, personal or mixed, in all lawful ways; to use, employ, manage, and dispose of all such property, and all money belonging to the corporation, in such manner as shall seem best calculated to promote the objects of this act; to have and use a common seal, and alter and change the same at pleasure; and to make by-laws, rules and regulations not inconsistent with the laws of the land. § 2. The object and business of the corporation shall Objects. be to open, establish and maintain a seminary of learning, to be known by the name aforesaid, for the education of the youth of the country, and to fit and prepare them for the various duties of life. § 3. The said seminary shall be permanently located in Location. the town of Vandalia, and the east half of the house on the public square in Vandalia, formerly occupied and used as a state house, is hereby granted to said corporation, to be held and used as a county seminary, together with the ground on which said house stands, as provided for by an act passed on the nineteenth day of February, one thousand eight hundred and thirty-nine, entitled "An act disposing of the public property in Vandalia. LS 4.] The persons named in the first section of this Powers of trusact shall constitute the board of trustees of the said semi- tees. nary, who, as well as their successors, are vested with power to appoint or employ a president of the said seminary, and such other teachers or instructors as the wants of the institution may require; also from time to time to prescribe and regulate the kind and course of study, to fix the rate of tuition and other academical expenses, the compensation of the president and other teachers or instructors, to appoint all other necessary officers and agents and fix their compensation, and to make rules for the general management of the affairs of the institution, and for the regulation of the conduct of officers, agents and students. [§ 5.] In order to have perpetual succession the trus- Vacancies. tees for the time being are vested with power to fill any Number of trus tees.. Powers of trustees. Officers. vacancy which may occur in the board, from death, removal out of the state, resignation or other cause, and a majority of the board shall constitute a quorum to do business. [§ 6.] The number of trustees shall never exceed twelve, exclusive of the president of the institution, who shall ex officio be a member of the board. [§ 7.] The trustees for the time being shall have power to erect any additional buildings which may be deemed necessary, to purchase books, chemical and philosophical apparatus, and other suitable means of instruction; they shall also have power to remove or displace at pleasure any president, teacher, officer or agent of the institution, but two thirds of all the members of the board must concur in the removal of the president. [§ 8.] The officers of the board of trustees shall consist of a president, secretary, and treasurer, and the treasurer, or any other officer may be required to give bond and security for the faithful discharge of the duties required of them by the board. [§ 9.] The said trustees shall have power to establish Powers of trus- and maintain separate departments in said institution for the education of males and females, to establish and maintain a normal department for the education of teachers, also to put in operation and maintain manual labor and mechanical departments, also a common school department, in which shall be taught the branches usually taught in common schools, and to appoint all such professors, instructors and agents as may be necessary to execute the powers herein granted; they are also vested with power to institute and confer such academical or other degrees as are usually conferred by colleges in this state, and to grant diplomas accordingly. Religious faith. [§ 10.] In its different departments the said seminary shall be open to all applicants, and the profession of any religious faith shall not be required in order to admission, but students who are idle or vicious, or whose characters are immoral, may be suspended or expelled. Property. Common school [§ 11.] All property devised, bequeathed, granted or conveyed to the corporation, shall be applied to the objects and purposes expressed in the devise, bequest, grant or conveyance, when accepted by the trustees. [§ 12.] If the common school department shall be esdepartment. tablished the trustees of the township, or school directors of the district, may adopt and use that department as a township or district school, and use the school, township or district funds in paying for tuition, as though it was a township or district school; said department continuing, however, under the control of the trustees of the seminary. Responsibility of trustees. [§ 13.] The trustees shall severally be responsible for the faithful application of all funds and property which may by any means become the property of the corporation, to the objects and purposes of receiving the same, but no trustee shall be liable for any act, or the consequences thereof, against which he voted as a member of the board. [§ 14.] The library and other articles or property pur- Library. chased by the president and trustees of the town of Vandalia, by the use of the proceeds of the sales of furniture in the old state house, as well as all furniture remaining unsold, are hereby granted and given to the corporation created by this act. [§ 15.] The trustees are also vested with power to cre- Stocks. ate, hold, control or use stocks or funds for the use of said institution, and to use the dividends upon the stocks and interest on funds for the support of the institution or any department thereof. Limitation of [§ 16.] The real estate which said corporation may hold in perpetuity shall not exceed six hundred and forty real estate. acres, and if at any time a larger quantity shall be held or owned the excess shall be sold in ten years after the date of acquiring the same, otherwise such excess shall revert back to the person or persons, his, her or their heirs or devisors, from whom it was derived. [§ 17.] This act shall take effect on the passage thereof. APPROVED Feb. 15, 1851. AN ACT to incorporate the town of Grayville, White county. In force May 5, 1851, if appro ved by the people of Gray ville. SECTION 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, [That] the inhabitants and residents in the town of Grayville, in White county, are hereby made a body corporate and politic, in Corporation. law and in fact, by the name and style of "The President Style. and Board of Trustees of the Town of Grayville," and by that name shall have perpetual succession, and a common seal, which they may alter at pleasure, and in whom the government of the corporation shall be vested, and by whom its affairs shall be managed. § 2. The boundary of said corporation shall include the Boundary. original town plat and the several additions of the town of Grayville, as the same are recorded in the recorder's office in the county of White. § 3. That there shall, on the first Monday of June next, be elected five trustees, and on every first Monday of June thereafter, who shall hold their offices for one year, and until their successors are duly elected and qualified; and public notice of the time and place of holding said Trustees. |