In force March AN ACT to amend an act entitled "An act to incorporate the Milton Block Association," approved February 16, 1865.

9, 1867.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That section Section 2 of act two (2) of an act entitled "An act to incorporate the 'Milton

amended.

Block Association,"" be, and the same is hereby so amended as that the capital stock of said corporation may be increased to any sum not exceeding fifty thousand dollars.

$ 2. This act shall take effect and be in force from and after its passage.

APPROVED March 9, 1867.

In force Feb'y AN ACT to incorporate the Rockford Building Association of the city of 28, 1867.

Corporators

Rockford.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That Thomas D. Robertson, Melancthon Starr, Selden M. Church, John P. Maury, and Hosmer P. Holland, and their associates and successors, be, and they hereby are declared a body politic and corporate, by the name and style of "The Rockford Name and style. Building Association;" and by that name shall have perpetual succession; and shall have power to contract and be contracted with, sue and be sued, implead and be impleaded, answer and be answered unto, in all courts of competent jurisdiction; and may make and use a common seal, and renew or alter the same at pleasure; and shall have all other powers and privileges necessary to accomplish the objects of their incorporation.

Powers.

Object.

fficers.

Proviso.

cers.

2. The objects of said corporation shall be the purchase of real estate, in the city of Rockford, and the erection thereon of a building or buildings, for a public hall and other purposes, as shall be most beneficial to said corporation.

$3. Said corporation shall have power to prescribe the number, duties and salaries of its officers, the time or times of payment for shares of its capital stock subscribed, and to make such by-laws for the management of its affairs as may be necessary for the accomplishment of the objects of its incorporation: Provided, the same shall not conflict with the laws of this state and of the United States.

Bonds of offi- § 4. Said corporation may require bond, and sufficient security, of its treasurer, or other officer or officers, who may have in keeping the moneys, or other effects of said corporation.

property.

5. Said corporation shall have power, in law and in Possession equity, to purchase real estate, and personal or mixed property, and to receive a conveyance of the same, by its corporate name; and the same estate to grant, bargain, sell, demise, lease, place out at interest, or otherwise dispose of, as may be most beneficial to said corporation; and shail, also, have power to erect upon such real estate, so purchased, a building or buildings for a public hall, and for such other uses Public halls. and purposes as may be most beneficial to said corporation: Provided, the amount of such real estate purchased shall Proviso. not exceed the amount of capital stock by this act authorized.

6. The capital stock of said corporation shall be thirty Capital stock. thousand dollars, divided into shares of one hundred dollars each, with the privilege of increasing the same to any amount, not exceeding seventy-five thousand dollars, deemed necessary by said corporation for the accomplishment of its objects. Said shares of stock shall be transferable in such manner as said corporation shall by its by-laws prescribe: Provided, that shares of stock in arrears for the payment of any installment due thereon shall not be transferable: And provided further, that shares of stock so in arrears shall be subjected to such penalties and forfeitures as may be fixed by the by-laws of said corporation.

tion.

of

§ 7. The persons enumerated in section 1 of this act are Stock subscriphereby constituted a committee to open books for subscription to the stock of said corporation; and whenever twenty thousand dollars of such stock shall be subscribed, said committee shall call a meeting of the stockholders, first giving one week's notice of the time and place of such meeting in some newspaper printed in the city of Rockford, at which meeting a majority of the stockholders present may organize said corporation, by the election of officers. The officers so elected may at once make calls upon the stock subscribed, and may proceed to carry out the objects of said corporation.

holders.

§ 8. Each stockholder shall be entitled to one vote, at Vote of stockall meetings of stockholders, for each share of stock by him held, and absent stockholders may vote by proxy: Provided, that no stockholder shall be entitled to vote at any meeting who may be in arrears for the payment of any installment due on his stock.

§ 9. The times of the regular meetings of said corpora- Meetings. tion shall be fixed, and may be altered, from time to time, by its by-laws; and special meetings of said corporation may be called by a majority of the officers thereof, public notice of the time and place of such meeting being first given one week in advance, in some newspaper printed in said city of Rockford.

10. Said corporation may, by its by-laws, provide Securities. what security its stockholders shall give for the payment of any part of their stock which may be in arrears.

Fiscal.

Dividends.

§ 11. The fiscal year of said corporation shall commence on the first day of May, and shall end on the thirtieth day of April of each year.

$12. The officers of said corporation shall declare such dividends on the capital stock of said corporation, annually, or semi-annually, or quarterly, or monthly, as in their judgment, the affairs of the corporation will permit.

13.

This act shall be a public act and shall take effect from and after its passage.

APPROVED February 28, 1867.

In force March 5, 1867.

Corporators.

AN ACT to incorporate the Chicago Building Block Company. SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That W. W. Boyington, J. B. Stillson, John V. Farewell, and their associates, are hereby created a body politic, under the name Name and style. and style of "The Chicago Building Block Company." As such they shall have perpetual succession; may sue and be sued in any court whatever, with powers and privileges as hereinafter provided.

Capital stock.

Directors.

Powers of

Possession

property.

$ 2. The capital stock of said company shall not exceed five hundred thousand dollars, in shares of one hundred dollars each; but when sixty thousand ($60,000) dollars shall have been subscribed and thirty thousand dollars paid in, in cash, the said company may organize and proceed to business under this charter.

§ 3. The business of said company shall be conducted, and its corporate powers exercised, by a board of directors, not exceeding five, nor less than three. The above corporators shall constitute the first board; and annually thereafter, after its organization, the stockholders shall elect directors. The directors shall have power to make such bylaws for the management of the business of said company as are not inconsistent with the laws of this state or of the United States.

of § 4. This company shall have power to buy, lease, hold real estate and and sell real and personal property, both in the transaction of its business and in the settlement of any claim or demand arising out of their business, and to exchange the same for other property, as they may determine the interests of the company require, and to borrow money. of § 5. The stockholders of this company shall be liable, in proportion to the amount of stock subscribed by them, for any debts against said company contracted prior to the

Liabilities

stockholders,

full payment of their subscriptions to said stock until said subscriptions are paid in full.

6. This [act] is to be deemed a public act, and be in force from and after its passage.

APPROVED March 5, 1867.

AN ACT to incorporate the Mercantile Building Association.

In force March

5, 1867.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That Henry M. Smith, Edward Burling, Charles Daegling, Cornelius R. Field, Peter Page and Edward Bauman, and their asso- Corporators. ciates, successors and assigns, be and are hereby created a body corporate and politic, under the name and style of the "Mercantile Building Association," with all powers, rights, privileges and immunities incident to corporations and necessary or useful for the purposes of this act.

2. The capital stock of the said association shall be not Capital stock. less than three hundred thousand dollars, nor more than five hundred thousand dollars, and be divided into shares of one hundred dollars each, and be issued and transferred in such manner and under such conditions as the directors of the said association shall, by the by-laws thereof, prescribe.

§ 3. The corporate powers of the said company, shall Directors. be vested in and exercised by a board of directors, consisting of such number of persons, not less than three nor more than seven, as the stockholders of said association may from time to time direct. The said directors shall be chosen by the stockholders at such time and place as may How chosen. be fixed by the by-laws of the said company and shall hold their offices for one year and until their successors are Office tenure. elected and qualified. They shall elect one of their number president of said association, and may fill any vacancy President. in the said board occasioned by death, resignation or otherwise, for the unexpired portion of the term of office so becoming vacant; and may make such rules, by-laws and Rules, by laws, regulations, and appoint such officers and servants as they may from time to time deem expedient. Until an election of directors, as herein provided, the persons named as corporators in the first section of this act shall constitute a board of directors, and shall have and may exercise all the powers of such board.

Vacancies.

etc.

and hold real

4. The said corporation shall have power to purchase, May purchase hold and acquire, by lease or otherwise, real or personal estate. estate, situate in the city of Chicago; said real estate not exceeding one acre-and construct and erect buildings thereon, and the same may sell, convey or lease, in such

manner and upon such terms as the said association may think fit and proper.

5. It may be lawful for the said association to borrow money, and the same, or any of its indebtedness, to secure, by mortgage, deed of trust or other security.

6. This act shall be deemed a public act, and take effect from and after its passage.

APPROVED March 5, 1867.

In force March AN ACT to incorporate the Chicago District Camp Ground Association.

7, 1867.

Corporators.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That George F. Foster, Charles M. Lindgren, Ranson F. Clough, Robert W. Meacham, Thomas C. Hoag, Joseph E. Kennicott, John B. Ayers, James S. Kirk, Eldridge T. Rider, trustees, and their successors in office, be and they are hereby created and constituted a body politic and corporate, under the Name and style. name and style of "The Chicago District Camp Ground Association;" and, henceforth, shall be known by that name and style, and have perpetual succession, with power to sue and be sued, plead and be impleaded; to acquire and hold such property, real and personal, as shall be necessary for carrying into successful effect the objects of said Corporate pow- association; to have and use a common seal; to make and alter from time to time such by-laws as they may deem necessary for the proper management and control of the property, grounds and personality of such association, and for the government of said asssociation, its officers and servants: Provided, such by-laws are not inconsistent with the constitution and laws of this state and of the United States.

ers.

Proviso.

Object.

tees.

§ 2. The object of said association shall be to furnish convenient and accessible grounds, within the town of Maine, in the county of Cook, in said state of Illinois, for the holding of camp meetings, under the direction and authority of churches in connection with the Rock River Conference of the Methodist Episcopal Church, in said state; and for that purpose the said association is hereby empowered to purchase, or acquire by donation, a tract of land in said town of Maine, of not exceeding eighty acres; and the same to improve, adorn and fit up, for use as aforesaid, at its discretion. And, while such grounds shall be used for religious meetings, the same with the improvements and fixtures, shall be exempt from taxation.

Election of trus- § 3. Said association may elect at the annual camp meeting, to be held during the year A. D. 1867, or, in default of such meeting being held, at the first camp meeting held