Sec.[Section] 1st Be it enacted by the people of the state of Illinois Represented in the General Assembly, That it may be Lawful for the state Bank of Illinois to sell or vend at public auction the capital stock provided for in the 2nd section of the act to which this is a supplement at any place or places to be designated
by said Bank or corporation within the Limits of this state having given four weeks notice prior to such sale in at Least four of the Public
papers printed within this state, and the profits arisining from such sales shall belong [exclusively?] to the
13. | Bank, upon the conditions as herein after provided. |
Sec. 2. There1 may be established in addition to the Branches or offices of discount and deposite now provided for in the 8th section of the act to which this is a suppliment any number not exceeding three at the option of said Bank.
to the state the right to repeal this section whenever the Public interest may require the Same.
1 | Sec. 3. The corporation shall have fifteen days in |
2 | addition to the time now allowed, in the 25th |
3 | Section, of the act to which this is a suppliment for |
4 | the redemption2 of its notes and evidences of debt as |
5. | provided for in the above recited section; reserving |
Sec 4th The corporation or Bank shall not be entitled to the Benefits or provisions of this act until the said corporation in consideration thereof shall have entered into contract with the Governor of the
state of Illinois to redeem the Loan commonly
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called the “Wiggins Loan” made by authority of the state on the 29th day of January A.D. 1831, together with the intrest which may hereafter accrue on said Loan.
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37.
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A Bill for an act supplemental to an “act to incorporate the subscribers to the Bank of the state of Illinois.
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[12]/[18]/[1835]
[12]/[18]/[1835]
Engrossed
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Com.[Committee] on finance
Handwritten Document, 4 page(s), Folder 12, SB 12, GA Session: 9-2, Illinois State Archives (Springfield, IL) ,