Sec.[Section] 1. Be it enacted by the people of the state of Illinois Represented in the General Assembly That the Bank of Illinois at shawneetown, shall have power to borrow at such rate of interest as may be agreed upon, any sum
of Money not exceeding Two hundred And fifty thousand dollars, and the same to loan
on bond and Mortgage of unincumbered real Estate within this state; but no loan on such real estate shall be made in any case for more than one half
of the appraised value thereof, for a term not less than one year, nor exceeding five
years, and at no higher rate of interest than ten per centum per annum
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3
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No 184.
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An act Supplemental to an act entitled an act to Incorporate the President, Directors,
and Company of the Bank of Illinois at Shawneetown
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[02]/[08]/[1837]
[02]/[08]/[1837]
To 3d Reading
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[02]/[21]/[1837]
[02]/[21]/[1837]
Com. Judy[Committee on the Judiciary]
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[02]/[07]/[1837]
[02]/[07]/[1837]
Engrossed
Handwritten Document, 2 page(s), Folder 166, HB 178, GA Session 10-1, Illinois State Archives (Springfield, IL) ,