such articles of consolidation, under seal of the secretary of State, shall be deemed and taken to be prima facie evidence of the existence of such consolidated corporation. *180. List of stockholders-rights saved. § 3. Such consolidated corporations shall at all times keep a general office within this State, at which shall be kept a complete list of all stockholders of such corporation, their places of residence, the amount of stock owned by each, and where the stock of such corporation may be registered and transferred: Provided, that nothing contained in this bill shall be construed to impair or affect the rights of any party holding unsettled claims against any of the corporations to be consolidated. AN ACT to increase the powers of railroad corporations. [Approved June 30, 1885. In force July 1, 1885. L. 1885, p. .] *180a. Consolidation of railroad corporations. SEC. I. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That all railroad companies now organized or hereafter to be organized, under the laws of this State, which now are, or hereafter may be in possession of, and operating in connection with, or extension of their own railway lines, any other railroad or railroads, in this State or in any other State or States, or owning and operating a railroad which connects at the boundary line of this State with a railroad in another State, are hereby authorized and empowered to purchase and hold in fee simple or otherwise, and to use and enjoy the railway property, corporate rights and franchises of the company or companies owning such other road or roads, upon such terms and conditions as may be agreed upon between the directors, and approved by the stockholders, owning not less than two-thirds in amount of the capital stock of the respective corporations becoming parties to such purchase and sale: such approval may be given at any annual or special meeting, upon sixty days' notice being given to all shareholders, of the question to be acted on, by publication in some newspaper published in the county where the principal business office of the corporation is situated: Provided, that notice of any special meeting called to act upon such question shall be given to each shareholder whose post-office address is known, by depositing in the post-office, at least thirty days before the time appointed for such meeting, a notice properly addressed and stamped, signed by the secretary of the company, stating the time, place and object of such meeting: And provided further, that no railroad corporation shall be permitted to purchase any railroad which is a parallel or competing line with any owned or operated by such corporation. line *180b. Consolidated company - body corporate power of Illinois Central. § 2. Any railroad company now organized or hereafter to be organized under the laws of this State, shall have power from time to time to borrow such sums of money as may be necessary for the funding of its indebtedness, paying for constructing, completing, improving or maintaining its lines of railroad, and to issue bonds therefor, and to mortgage its corporate property, rights, powers, privileges and franchises, including the right to be a corporation, to secure the payment of any debt contracted for such purposes; and to increase its capital stock to any amount required for the purposes aforesaid, not exceeding the cost of the roads and works owned or constructed and equipped by it; such increase of capital stock to be made in such manner and in accordance with and subject to such regulations, preferences, privileges and conditions as the company at any general or special meeting of its shareholders, held at the time such creation of new shares may be authorized, shall think fit: Provided, that no stock or bonds shall be issued, except for money, labor or property actually received and applied to the purposes for which such corporation was created; nor shall the capital stock be increased for any purpose except upon giv ing sixty days' public notice in the manner provided in the first section of this act: And provided further, that nothing contained in this act shall be held or construed to alter, modify, release or impair the rights of this State as now reserved to it in any railroad charter heretofore granted, or to affect in any way the rights or obligations of any railroad company derived from or imposed by such charter: And provided further, that nothing herein contained shall be so construed as to authorize or permit the Illinois Central Railroad Company to sell the railway constructed under its charter, approved February 10, 1851, or to mortgage the same, except subject to the rights of the State under its contract with said company, contained in its said charter, or to dissolve its corporate existence, or to relieve itself or its corporate property from its obligations to this State, under the provisions of said charter; nor shall any thing herein contained be so construed, as to in any manner relieve or discharge any railroad company, organized under the laws of this State, from the duties or obligations imposed by virtue of any statute now in force or hereafter enacted: And provided further, that nothing in this act shall be so construed as to authorize any corporation, other than those organized in and under the laws of this State, to purchase or otherwise become the owner, owners, lessee or lessees of any railroad within this State. TO HAVE STOCK TRANSFER OFFICES IN THE STATE. AN ACT to require railroad corporations to have and maintain a public office, or place in the State of Illinois where transfers of stock may be made and to enforce the provisions of section nine, article eleven of the Constitution of Illinois. [Approved June 18, 1883. In force July 1, 1883. L. 1883, p. 128.] *181. Shall have public office – book with transfers of stock registered. SEC. I. Be it enacted by the People of the State of Illinois, represented in the General Assembly: each and every railroad cor poration, organized or doing business in this State, under the laws or authority thereof shall have and maintain a public office, or place in this State for the transaction of its business, where transfers of shares of its stock shall be made by such railroad corporation, upon the request of the owner of shares thereof, presenting the certificate thereof. Every such railroad corporation shall keep a book in which the transfers of shares of its stock shall be registered and another book containing the names of its stockholders, which book shall be open to the examination of the stockholders. *182. Penalty for failure to comply. § 2. Any railroad corporation organized or doing business in this State under the laws or authority thereof, failing to comply with the provisions of section one of this act, within ninety days after the taking effect of this act, shall, upon conviction thereof, be fined in any sum not less than one thousand dollars, nor more than two thousand dollars. In case any such railroad corporation shall fail to comply with the provisions of said section one within six months after the taking effect of this act, it shall, upon conviction thereof, be fined in any sum, not less than two thousand dollars, nor more than four thousand dollars; and for every year after the taking effect of this act, any such railroad corporation shall fail to comply with the provisions of said section one, it shall, upon conviction, be fined not less than four thousand dollars: Provided, that in all cases under this act either party shall have the right of trial by jury. *183. Fines recovered in action of debt. § 3. The fines hereinbefore provided for may be recovered in an action of debt in the name of the people of the State of Illinois. *184. Duty of commissioners. § 4. It shall be the duty of the railroad and warehouse commissioners to personally investigate and ascertain whether the provisions of this act are violated by any railroad corporation in this State, and whenever the facts in any manner ascer tained by said commissioners shall, in their judgment, warrant such prose cution, it shall be the duty of said commissioners to immediately cause suits to be commenced and prosecuted against any railroad corporation which may violate the provisions of this act. Said suits and prosecutions may be instituted in any county in this State, through or into which the line of the railroad corporation sued for violating this act may extend. And such railroad and warehouse commissioners are hereby authorized to employ counsel to assist the attorney-general in conducting such suit on behalf of the State. No such suits commenced by said commissioners shall be dismissed, except said railroad and warehouse commissioners and the attorney-general shall consent thereto. *185. Fines to be used for county purposes. § 5. All fines recovered under the provisions of this act shall be paid into the county treasury of the county in which the suit is tried, by the person collecting the same in the manner now provided by law, to be used for county purposes. GOVERNOR TO CONVEY CERTAIN LANDS. AN ACT to authorize the governor of the State of Illinois to convey to the South East and St. Louis Railway Company a fraction of land conveyed to the State of Illinois by John Crenshaw, for railroad purposes, in the year, 1838. [Approved and in force June 21, 1883. 127. *186. Governor to convey certain lands. SEC. 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the governor is hereby authorized and required to convey to the South East and St. Louis Railway Company a certain fraction of land conveyed to the State of Illinois by John Crenshaw for railroad purposes, in Gallatin county, Illinois, described as follows: All those parts of the north fractional part of the north-east quarter of the northeast quarter of section number twenty, and the fractional part of the south half of the east half of the south-east quarter of section seventeen, in township nine, range eight, east, as established by the surveyor general of the United States, as contained in the following described boundaries, to-wit: Commencing at a stake corner, at low water mark, on the north side of Saline creek, thirty feet easterly, or down the creek, from center of William Hick's bridge; thence down Saline creek along the low water mark one hundred and thirty-five feet to a corner stone; thence north twenty degrees, west to a stake corner, seventy-five feet beyond and past the center of the Alton and Shawneetown railroad line, at right angles with said line, thence south seventy degrees, west, parallel with the railroad track, one hundred and thirty-five feet to the east side of the public highway leading from said bridge to Equality: thence down along the border of said track or highway to low water mark, the place of beginning. Forty-five feet of the north-east side of said lots are to be appropriated as a public highway forever, containing one acre more or less of ground And that said South East and St. Louis Railway Company shall use said lands for the purposes of a passenger and freight depot, and stock yards, and none other. Provided, this section shall not be construed to deprive said company of such right of eminent domain, as now exists by law *187. Emergency. § 2. (Omitted.) SECTION 1. Chapter 114a. RECEIVERS. SECTION Receiver of banks, etc., to make de- 2. Statements to be made once in four tailed statement, etc. months. AN ACT relating to receivers and assignees of banks, banking institutions, banking firms and savings banks. [Approved May 31, 1879. In force July 1, 1879. L. 1879, p. 236. J *1. Receiver of banks, etc., to make detailed statement, etc. SEC. 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That it shall be the duty of the receiver or assignee of any savings or other banks, or any private banker or firm doing a banking business immediately upon a request made to him thereof, in writing, signed by any ten depositors of such bank, of which he shall be the receiver or assignee, to make and file in the court in which said cause is pending a detailed statement, (which statement may be published if the court shall deem proper), showing all the assets of such bank, of whatever kind or nature and of all promises to pay, of whatever kind or nature, showing: Ist. When such promises were made or arose. 2d. When they were or are due. 3rd. The names of the per sons making such promises. 4th. The thing to be paid, and if money, the amount thereof, the rate of interest thereof, if any and the amount of interest due and unpaid thereon, if any. 5th. Whether the payment of such debt has been extended, and if so, from when and how many times. 6th. A particular description of whatever collateral security or guarantee thereof such bank may have, and if it be that of a person, the name of such person. Which detailed statement shall be open inspection by all parties in interest, and also a statement taken from the books of such bank, of the number and amount of the shares of the capital stock of such bank, the names and addresses if known of all of the stockholders, the number of shares held by each. When acquired, and from whom. Ꭶ 2. *2. Statements to be made once in four months. Such receiver or assignee shall be required to make and file such statements not oftener than once in four months. *3. May be removed. § 3. It shall be the duty of any court that has appointed any such receiver, to remove immediately such receiver upon his failure to comply with this act; and any assignee failing to comply with this act shall be removed upon the order of any court of competent jurisdiction. to |