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An act to amend "An act to incorporate the German House Association of Chicago," as passed February
12, 1857..

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An act to authorize the county court of Monroe county to borrow money and levy a tax to pay the same 747

MERCHANTS' ASSOCIATION, CHICAGO:

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An act to authorize the Board of Supervisors of Marshal county to levy a special tax, to purchase certain
bonds issued by said county to the Western Air Line Railroad Company

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An act for the relief of the Litchfield School District, in the county of Montgomery.

An act for the relief of William M. Dustin....

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An act to amend an act entitled "An act to authorize the drainage of lands in the townships therein men-

tioned, and to construct roads therein," approved June 23rd, A. D. 1852..

An act to amend an act entitled "An act to incorporate the town of Danville," approved February 15,
1855..

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PRIVATE LAWS.

ACADEMIES AND COLLEGES.

AN ACT to incorporate the Bloomingdale Academy.

In force February 22, 1861.

academy.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That Erasmus O. Hills, Cyrus H. Meacham, Rowland Rathbun, Hiliman Location of the S. Hills, B. F. Meacham, Lewis E. Landon, Stephen Ellis, Captain E. Kinney and S. P. Sedgwick, and their successors in office, be and are hereby created a body politic and corporate, under the name and style of "The President and Trustees of the Bloomingdale Academy," and by that name and style to remain and have perpetual succession. The said academy shall be and remain in or within one-half mile of the town of Bloomingdale, in the county of Du Page, and state of Illinois. The number of trustees shall not exceed nine, one of whom shall be president and another secretary of the board, to be chosen by the trustees; and under the above name and style shall have power to make contracts; Corporate powers to sue and be sued; to plead and be impleaded; to answer and be answered unto in all courts and places; to grant and receive, by its corporate name; and to do all other acts as natural persons may or could do; 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 moneys belonging to said corporation in such manner as shall seem to the trustees best adapted to promote the objects of education; to have a common seal, and to change and alter the same at pleasure; to make such by-laws for its regulation as are not inconsistent with the constitution of the United States and of this state; to confer on such persons as may be considered worthy such academical or honorary degrees as are usually conferred by similar institutions.

Course of study.

Vacancies.

Treasurer.

pupils.

§ 2. The trustees of said incorporation shall have authority, from time to time, to prescribe and regulate the course of studies to be pursued in said academy; to fix the rate of tuition and other academical expenses; to appoint instructors, and such other officers and agents as may be necessary in managing the concerns of the institution, to define their duties, to fix their compensation, to displace and remove them; to erect necessary buildings, to purchase books, chemical and philosophical apparatus, and other suitable means of instruction; to make rules for the general regulation of the conduct of the students, and to make and pass such ordinances, rules and by-laws as they may deem necessary and expedient.

3. The trustees, in order to have perpetual succession, shall have power to fill all vacancies which may occur in said board, from death resignation, or from any other cause. A majority of the trustees shall constitute a quorum to do business.

§ 4. It shall be the duty of the board of trustees to appoint a treasurer to the board from their own number or from the stockholders, who shall be required to give bond, with sufficient security, as the board may prescribe, conditioned for the performance of such duties as the by-laws may require of him, and to hold his office for such time as the by-laws may prescribe.

Obedience of the § 5. The sole object of said institution shall be the promotion of male and female education, and shall be open to all denominations of christians; and the profession of any particular religious faith shall not be required of those who become teachers or students of said academy. All persons, teachers or students, whose habits are idle or vicious, or whose moral character is bad, or who refuse to obey the rules of the institution may, however, be suspended or expelled from said academy by the trustees thereof.

Shares of stock.

$6. The lands, tenements and hereditaments, to be held in perpetuity by virtue of this act by said corporation, shall not exceed ten acres.

§ 7. The stock of said company shall consist of shares of ten dollars each, and 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. The capital stock of said company shall not exceed twenty-five thousand dollars, and its funds, rents and privileges shall only be used for the purposes of education, as herein declared: Provided, that two-thirds of the stock, by vote of the holders of the same, may at any time direct the dissolution of said corporation and the selling of its property; in which case the proceeds of such sale shall be equally divided among the shareholders, according to their shares.

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