Sec[Section] 1. Be it enacted by the people of the state of Illinois represented in the General Assembly; ThatHubbal Loomis, Benjamin F Edwards, George Haskell John M Peck, George Smith, Cyrus Edwards, John Bostwick and Albert G. Sloo, and their successors, be and they are hereby created a body politic and corporate
to be styled “The Trustees of the Alton Female Institute,” and in that name to remain in perpetual succession with power to sue and be sued,
plead and be impleaded, to acquire, hold and convey property real and personal, to
have and use a common seal to alter the same at pleasure, to make and alter from time
to time such Bye laws as they may deem necessary for the government of said institution, its officers and servants: Provided such Bye-laws are not inconsistent with the constitution and laws of this state or of the United States.
Sec 2. For the managing of the affairs of the said institution, there shall be chosen from the among the subscribers, thereto, a number of Trustees
not exceeding fifteen. And the Trustees so chosen shall have power to fill such vacancies,
in their own body as may happen by death resignation or otherwise, and shall hold
the property of said institution solely for the purposes of Female Education, and not as a stock for the individual
benefit of themselves or of any contributer to the endowment of the same. And no particular religious faith shall be required
of those who become trustees or students of the institution
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Sec 3. Said institution shall remain located in or near Upper Alton in the county of Madison; and the Trustees shall be competent in law and equity to take to themselves and
their successors in office, in their said corporate name, any estate real, personal
or mixed by the gift, grant, bargain, and sale conveyance, will, devise or bequest
of any person or persons whomsoever. And the ^same^ estate whether real ^or^ personal to grant, bargain, sell, convey, demise, let place out at interest or otherwise
dispose of the same for the use of said institution in such manner as to them may seem most beneficial to said institution Said Trustees shall faithfully apply all funds collected, or the proceeds of the
property belonging to said institution, according to their best judgment, in erecting and completing suitable buildings,
supporting the necessary officers, instructors and servants, and procuring books,
maps, charts, Globes, philosophical and other apparatus necessary to the success of
^said^ institution: Provided nevertheless, that in case any donation, devise or bequest shall be made for particular purposes
accordant with the designs of this institution, and the corporation shall accept the same, every donation, devise or bequest shall be applied in conformity
with the express conditions of the donor or devisor: And provided further, that said corporation shall not be allowed to hold more than six hundred [and forty?]
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acres of land at one time, unless the said corporation shall have received the same by gift grant or devise and in such case they shall
be required to sell or dispose of the same within three years from the time they shall
acquire such title and on failure to do so said land shall revert to the original
donor, grantor, devisor or their heirs.
Sec 4. The Treasurer of the institution always and all other agents, when required before entering on the duties of their
[appointment?], shall give bonds for the security of the corporation in such penal sums and with such securities as the Board of [trustees?]
[shall?] approve an[?] process against the corporation shall be by summons, and [the?] service of the same shall be by leaving an attested copy thereof with the Treasurer
at least thirty days before the return thereof.
Sec 5. The trustees shall have power to employ and appoint a principal for said institution and all such instructors and instructresses, and also such servants as may be necessary,
and shall [have?] power to displace any or either of them as [they?] may deem the interest of the [institution?] require to fill vacancies which may happen by death resignation or otherwise, among
said officers and servants and to prescribe and direct the course of study to be pursued
in said institution.
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Sec 6. If at any time the corporation shall act contrary to the provisions of this act, or shall in any manner abuse the
power herein granted, it shall be the duty of the attorney General to file an information
in the nature of a Quo warranto for the [purpose?] of vacating and annuling this act [and?] the powers herein granted.
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[ docketing
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36.
[ docketing
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Engrossed
Handwritten Document, 6 page(s), Folder 156, SB 31, GA Session: 9-2,
Illinois State Archives (Springfield, IL) ,