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Sec.[Section] 1st Be it enacted by the People of the State of Illinois represented in the General Assembly,
That in all cases where such debtors (collectors excepted) shall desire to make prompt payment of their Debts, they shall be permitted to do so at any time before the fourth day of July in the year 1836, and shall be entitled to a deduction of all interest due or to become due in and by said Debts, and in all cases, execution shall be stayed untill the fourth day of July in the year 1836, Provided, when in the opinion of the attorney General or States attorney of the proper circuit their shall be manifest danger of Debts being lost by such delay, the execution shall not be stayed unless the judgment debtor will give additional security to be entered on the back of the execution, or on the docket or record from whence the same issued and witnessed by the sheriff or other officer having charge of the same, and the security so entered shall be considered as a new party to such judgment and execution, and may be proceeded against by a new execution, jointly with the original debtor or debtors, provided further, that no bank debtor, who has become so, by virtue of a purchase of bank property shall be entitled to any relief under this act, except that he, she, or they shall be allowed time until the 4th day of July 1836, to complete
That in all cases where such debtors (collectors excepted) shall desire to make prompt payment of their Debts, they shall be permitted to do so at any time before the fourth day of July in the year 1836, and shall be entitled to a deduction of all interest due or to become due in and by said Debts, and in all cases, execution shall be stayed untill the fourth day of July in the year 1836, Provided, when in the opinion of the attorney General or States attorney of the proper circuit their shall be manifest danger of Debts being lost by such delay, the execution shall not be stayed unless the judgment debtor will give additional security to be entered on the back of the execution, or on the docket or record from whence the same issued and witnessed by the sheriff or other officer having charge of the same, and the security so entered shall be considered as a new party to such judgment and execution, and may be proceeded against by a new execution, jointly with the original debtor or debtors, provided further, that no bank debtor, who has become so, by virtue of a purchase of bank property shall be entitled to any relief under this act, except that he, she, or they shall be allowed time until the 4th day of July 1836, to complete
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payments,2 This act to be in force from and after its passage3<Page 3>
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A Bill for “an act, for the relief of debtors to the President and Directors of the State Bank of Illinois
A Bill for “an act, for the relief of debtors to the President and Directors of the State Bank of Illinois
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[01]/[27]/[1835]
[01]/[27]/[1835]
Engrossed
1Edwin B. Webb introduced HB 147 in the House of Representatives on January 23, 1835. On January 24, the House referred it to a select committee
that included Abraham Lincoln. The select committee reported back the bill on January 27 with an amendment. The House refused to amend the proposed amendment by a vote of 12 yeas to 36 nays,
with Lincoln voting nay. The House then concurred in the select committee’s proposed
amendment. On January 29, the House rejected the bill by a vote of 23 yeas to 26
nays, with Lincoln voting yea.
Illinois House Journal. 1835. 9th G. A., 1st sess., 360, 378, 400-01, 433-34.
2On January 27, 1835, the House of Representatives amended the bill by concurring with an amendment adding the second proviso.
Illinois House Journal. 1835. 9th G. A., 1st sess., 401.
3This relief bill related to debts owed the State Bank of Illinois as it operated under its second charter, 1821-1831. Later in the same session, the
General Assembly passed an act for the relief of bank debtors, and an act re-incorporating the bank.
Charles H. Garnett, “State Banks of Issue in Illinois” (essay, University of Illinois,
1898), 9-21.
Handwritten Document, 4 page(s), Folder 120, HB 147, GA Session: 9-1,
Illinois State Archives (Springfield, IL) ,