§ 2. That the provisions of an act entitled "An act to Provision apamend the charters of the several towns and cities in this plicable. state," approved March 1st, 1854, shall be deemed and taken to apply to said village of Naperville; and sales of lots and real estate may be made by the collector of said village in the cases and in the manner provided in said act. 3. That section six of article eight of the said act Suits. incorporating said village of Naperville shall not be construed as to prevent any suit being brought before any justice of the peace of Du Page county, by any officer of said village, for any fees to which he may be entitled by virtue of any ordinance passed by the village council, whether such fee shall be in the nature of a penalty or otherwise; and this suit shall apply to any suit or suits heretofore, or hereafter to be commenced. 4. That section five (5,) of article seven (7,) of said Sidewalks. act be so amended that where the majority of the real estate or lots upon any street or in any block or blocks is or are owned by one person, or where it may be necessary, in order to make a continuous side-walk upon any street where any sidewalk is or hereafter may be commenced upon or along any street, or when the village council shall deem it necessary, then, in any such case, it shall be lawful for the village council, without any application in writing, or otherwise, to proceed in the manner contemplated by said section, to construct or cause to be constructed a side-walk, as provided for by said section five. § 5. That where any side-walk has heretofore been or Repairs. hereafter may be built, in pursuance of an ordinance of the village council, it shall be the duty of the owner or owners of the real estate opposite which such side-walk may be built, to keep the same in repair; and upon the failure of any owner of such real estate to repair such side-walk, after receiving ten day's notice, in writing, from the street commissioner, so to do, then it shall be lawful for the village council to proceed to cause such side-walk to be repaired, and may collect the cost thereof from the delinquent, in the manner provided in said act incorporating said village and of this act for the collection of taxes and assessments. § 6. That the village council of said village shall have License. power to prohibit, license and regulate the selling of any goods, wares and merchandise or other property, within the corporate limits of said village, at public auction: Provided, that this section shall not apply to sales made in pursuance of an order of any court or by any public officer, in pursuance of law. 7. This act to take effect and be of force from and after its passage. APPROVED February 24, 1859. -U* In force Feb'y AN ACT to change the name of Junction, in Du Page county, to the name of 24, 1859. Turner. SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That from and Name changed. after the passage of this act the village known by the name of "Junction," in the county of Du Page, is hereby changed, and shall hereafter be known by the name of "Turner." § 2. This act shall take effect and be in force from and after its passage. APPROVED February 24, 1859. In force Feb'y 19, 1859. AN ACT to incorporate the Chicago South Branch Dock Company. SECTION 1. Be it enacted by the People of the state of Illinois, represented in the General Assembly, That William Incorporation. Green, William S. Sampson, Richard J. Arnold, John F. Hance, Roswell B. Mason, Amos G. Throop, Abraham J. Knisely, and all such persons as shall hereafter become stockholders in the company hereby incorporated, shall be, and for the time of thirty years after the passage of this act, shall continue to be a body politic and corporate, by the name and style of "The Chicago South Branch Dock Company," and by that name and style shall be capable of suing and being sued, implead, answer or defend, in law or equity, in all courts and places whatsoever; make and use a common seal, and to alter or renew the same at pleasure; and, by their said corporate name and style, shall be capable, in law, of contracting and being contracted with; and shall be and are hereby invested with all the powers, privileges, immunities and franchises of acquiring, by purchase or otherwise, and of holding and conveying all real and personal estate which may be needful or convenient for carrying into effect fully the objects and purposes of this act; and may receive and make all deeds, transfers, covenants, conveyances, grants, contracts, agreements and bargains whatsoever, necessary for such purposes; and, generally, may do every other act or thing necessary to carry into effect the provisions of this act and promote the objects and designs of said company as by this act authorized. Powers. § 2. The said corporation is hereby authorized and empowered to improve, in such a manner as shall be conformable to the laws of this state, and not contrary to or inconsistent with any of the rights or privileges of the city of Chicago or of any citizen or citizens of this or of the United States, the following described lands and property, situated in the city of Chicago, in the county of Cook and state of Illinois, to-wit: The north fractional part of sec tion twenty-nine, in township thirty-nine north, of range fourteen, east of the third principal meridian, excepting the east sixteen and 72-100 acres, and any other lands and appurtenances now or which shall hereafter belong to said company, by laying the same out into lots, streets, squares, lanes, alleys and other divisions, and by surveying, locating, constructing, altering, maintaining and operating seven or any less or greater number of canals, and to connect such canals with the South Branch of the Chicago river, in such a manner as not to injure the navigation of the said river; and to make and use on such lands all such railroads, wharves, workshops, warehouses, stores and such other buildings and improvements as may be found necessary, convenient or ornamental, with full powers of letting, renting, leasing, selling, granting or using any lot or other portion of any such lands, or the improvements made or to be made thereon, for any trade, business or manufac ture authorized or permitted by the laws of this state: Provided, that the said company and its agents shall, in all cases whatsoever, be subject to and observe the ordinances of the city of Chicago, within the limits of said city. § 3. The capital stock of said company shall be six hun- Capital stock, dred and fifty thousand dollars, which may be increased, from time to time, to any sum, not exceeding the entire amount of the value of such lands, including any and all improvements made and to be made upon the same, divided into shares of one hundred dollars each, which shall be deemed personal property, and may be issued and transferred in such manner as may be ordered and provided by the board of directors, who shall have power to require the payment of the sums subscribed by stockholders in such manner and on such terms as they may think proper; and, on refusal, neglect or default on the part of the stockholders or any of them to make payment as and when required by the board of directors, the said company may sue for and collect the same, or may, after thirty days' notice thereof, published in a daily newspaper in the city of Chicago, sell the shares of such delinquent or delinquents, at public auction, under such rules as the board of directors may adopt, the surplus money, if any, remaining after deducting the payments due, with the interest and costs of sale, to be paid to such delinquent stockholder or stockholders or his or their legal representative. The persons named in the first section of this act, or a majority of them, are hereby authorized to dispose of the stock of said company, and to cause books to be opened for subscriptions to said capital stock, in such manner and at such times and places as they may deem expedient. 4. The corporate powers of said company shall be Directors. vested in a board of directors, and such officers and agents as such board shall appoint. The board of directors shall 1 1 By-laws. Borrow money. consist of five persons, who shall be stockholders of said 85. The said company shall have power to make all such by-laws, rules and regulations as may be deemed expedient and necessary to fulfil the purposes and carry into effect the provisions of this act, and for the well ordering, regulating and securing the affairs, business and interests of the company: Provided, the same be not repugnant to the constitution and laws of the United States or of this state or to this act. § 6. The said Chicago South Branch Dock Company are authorized and empowered to borrow, from time to time, such sum or sums of money, not exceeding at any one time fifty thousand dollars, as in their discretion the directors thereof may deem necessary to aid in the construction of said docks, railroads and other improvements and works; and to pay interest thereon, not exceeding ten per cent. per annum, payable semi-annually or otherwise, and pledge and mortgage the lands, docks, railroads, real estate, effects, rights, credits and franchises of said company, as security for any loan of money and interest thereon, and to dispose of the bonds issued for such loan, at such rates and on such terms as the board of directors may determine; and the directors of said company may confer on any bondholder of any bond issued for money borrowed as aforesaid, the right to convert the principal due or owing thereon into stock of said company, at any time, not exceeding ten years from the date of the bond, under such rules as the board of directors may adopt therefor: Provided, however, that no mortgage or other conveyance of the real estate of said company shall be valid, unless signed by the president and secretary thereof, and be under the seal of the company, and be duly acknowledged by sa d president and secretary, before a proper officer, according to law: And provided, further, that nothing in this act contained shall be so construed as to vest said company with banking powers, or to authorize them to make, emit or utter any bank note or other device, to be used as money. 7. So soon as the sum of five hundred thousand dol- Election. lars of the capital stock of said company shall have been subscribed, the said persons named in the first section of this act, or a majority of them, shall give ten days' notice, by publishing in a newspaper printed in the city of Chicago, of an election by said stockholders of a board of directors, as herein before provided. At the time and place appointed in said notice, for that purpose, the said persons named in the first section of this act, or a majority of them, shall attend and act as inspectors of said election, and the stockholders present shall proceed to elect five directors, by ballot; and the said inspectors present shall certify the result of said election, under their hands, which certificate shall be recorded in the book of records of said Chicago South Branch Dock Company, and shall be sufficient evidence of the election of the directors therein named; and the directors thus elected shall hold their offices for one year and until their successors are elected and qualified; and shall elect one of their number as president of the board. All future elections shall be held at the time and in the manner prescribed by the by-laws and regulations of the said incorporation. § 8. The joint stock, property, funds and effects of said Liability. company shall be answerable for all the contracts made or authorized by or for the said company and for all just claims against the same; but none of the stockholders shall be liable, in person or property, for any contracts or claims against the said corporation; and the service of legal process on the president or any of the directors shall be sufficient service on the corporation. $ 9. This act shall be deemed and taken as a public act, Public act. and shall be construed beneficially for all purposes herein specified or intended, and all copies thereof, printed by or under the direction of the general assembly of this state, shall be received in all courts and places whatsoever, in this state, as sufficient evidence thereof, without further proof. § 10. This act to take effect and be in force from and after its passage. APPROVED February 19, 1859. |