In force 28th Feb., 1837.
AN ACT to incorporate the Shokokon and Rushville Rail Road Company.
1Persons incorporated
Name
Points of rail road
Powers & privileges
Powers & liabilities
Common seal
Sec.[Section] 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That Robert M'Queen, Michael Crane, Jonathan Nichols and John Curts, of Shokokon; Lewis R. Chaffin, William Smith, Jonathan Wassom, George Coulson, Joseph W. Nudd, Henry Compstock, Abraham Harpe Jun., Joy Sperry and Lewis C. Maynard of La Harpe; Jeremiah Smith, of Burlington, Wis-
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consin Territory; Hart Fellows, James R. Fayerweather and James McCrosky, of Rushville, and all such persons who may associate with them for that purpose, be, and they
are hereby constituted a body politic and corporate, by the name of the Shokokon and Rushville Rail Road Company, for the purpose of constructing a rail road from Shokokon, on the Mississippi river, opposite the town of Burlington, Wisconsin Territory, by the way of the town of La Harpe, in Hancock county, and Rushville, in Schuyler county, to the Illinois river, at the most suitable point, so as to connect, as near as practicable, the Jacksonville and Meredocia rail road; to transport, take and carry property and persons upon the same, by the
power and force of steam, of animals, or of mechanical or other power, or any combination
of them, which the said corporation may choose to employ; and by that name they and their successors shall be, and they are hereby vested with the right and privilege of constructing and using
the said road, for the purposes aforesaid, from and to the points comprised within
the limits before mentioned; and may have succession, and shall be persons in law capable of contracting and being
contracted with, suing and being sued, plead and being impleaded, in all courts of
law and equity, and in all manner of actions; and that they and their successors may
have a common seal, and may alter and change the same at pleasure.
If rail road not constructed in 10 years corporation shall cease
Sec. 2. That if the corporation hereby created shall not, within ten years from the passage of this act, construct
and finish, and put in operation, the said road, or any part thereof, as shall be
expedient by said corporation, then the said corporation shall thenceforth and forever cease, and this act be null and void.
Capital stock
May be increased
Shares deemed personal property
Sec. 3. The capital stock of said company shall be two hundred thousand dollars, with the liberty to increase the same from
time to time, by new subscriptions, in such manner and form as they shall think proper, if such
increase shall be found necessary to fulfil the intent of this act; which said capital
stock shall be divided into shares of fifty dollars each; which shall be deemed personal property, and transferrable in such manner as said
corporation shall by law direct.
Commissioners appointed to receive subscriptions of capital stock
President and vice president
Sec. 4. That Lewis R. Chaffin, William Smith, Robert McQueen, Michael Crane, Jeremiah Smith, Lewis C. Maynard, George Coulson, Jonathan Wassom, Joseph W. Nudd, Joy Sperry, Abraham Harper Jr., John Curts, Jonathan Nichols, Henry Comstock, Hart Fellows, James R. Fayerweather and James McCrosky, shall be commissioners, the duty of whom, or a majority of them, shall be, at some
suitable place, in the cities of Boston, New York,
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Philadelphia, Baltimore, Louisville, New Orleans and St. Louis, and in the towns of Alton, Rushville, La Harpe, and Shokokon in Illinois, to open books to receive subscription to the capital stock of said corporation, and to do such other things as in their opinion are necessary and best calculated
to get said stock taken up; sixty days public notice shall be given by said commissioners,
of the time and place of the opening of said books, in one of the public newspapers
in Alton and Rushville. The commissioners shall receive no subscription unless at least one dollar on each
share subscribed be paid at the time of subscription; and as soon as the same be subscribed,
to give a like notice for a meeting of the stockholders to choose five directors;
and such election shall be made, at the time and place appointed, by such of the stockholders
as shall attend for that purpose, either in person or by lawful proxy, each share
of the capital stock entitling each stockholder to one vote; and the said commissioners
shall be inspectors of the first election of directors of the said corporation, and shall certify under their hands the names of those duly elected, and deliver
over the subscription books to the said directors; and the time and place of holding
the first meeting of the directors shall be fixed on by said commissioners; and the
directors to be chosen at such meeting or at such annual elections, shall, as soon
as may be after every election, choose out of their own number one president and one other person to be vice president;
and in case of the death, resignation or removal of the president or vice president,
or of any director, such vacancy or vacancies may be filled for the remainder of the
year, whenever they may happen, by the board of directors; and in case of the absence
of the president or vice president the board of directors shall have power to appoint
a president pro tempore, who shall have and exercise such powers and functions as the by-laws of the said
corporation may provide.
How payment of sums subscribed enforced
Sec. 5. It shall be lawful for the directors to require payment of the sums subscribed to
the capital stock, at such time and in such proportions, and on such conditions, as
they shall deem fit, under the penalty of the forfeiture of all previous payments
thereon; and shall give notice of the payments thus required, and of the place and
times, where and when the same are to be paid, at least ninety days previous to the
payment of the same, in some public newspaper in this state, and in several cities where the books of the company may have been opened for subscriptions to the capital stock.
A failure to elect directors, how cured
Sec. 6. That in case it should at any time happen that an election of directors shall not
be made, on any day, on which, in pursuance of this act, it ought to be made, the
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said corporation shall not, for that cause, be deemed to be dissolved, but such elections may be held
at any other time directed by the by-laws of said corporation.
What number of inspectors shall constitute a board
Powers of
To appoint secretary, &c.[etc.]
Salaries
Sec. 7. That five of the directors of said corporation shall form a board, and they, or a majority of them, shall be competent to transact
all the business of the said corporation, and they shall have full power to make and prescribe such by-laws, rules and regulations,
as to them shall appear needful and proper, touching the management and disposition
of the stock, property, estate and effects, of said corporation; the transfer of shares, and touching the duties and conduct of their officers and
servants, and the election of directors, and all other matters whatsoever, which may
appertain to the concerns of said corporation; and also shall have power to appoint a secretary, and so many clerks and servants as to them shall seem meet; and to establish such salaries and allowances to them, and also to president and
vice president, as to said board shall appear proper.
Examinations and surveys
Lands may be taken
Proviso.
Duty of Governor
Damages, how determined
How commissioners to assess damages shall proceed
Feme covert, infants & idiots
Sec. 8. That the said corporation be, and they are hereby authorized by their agents, surveyors and engineers, to cause
such examinations and surveys to be made, of the ground lying in the aforesaid limits,
prescribed in the first section of the act, as shall be necessary to determine the
most advantageous route for the proper line or course whereon to construct said road;
and it shall be lawful for the said corporation to enter upon, and take possession of and use, all such lands and real estate, as may be necessary
for the construction and maintenance of said road, and the accommodations requisite
and appertaining to them; and may also hold and take all such voluntary grants and
donations of land and real estate, (as) shall be made to said corporation (for the) maintenance and accommodation of their said road; Provided, That all lands or real estate, thus entered and taken possession of and used, by
said corporation, which are not donations, shall be purchased by said corporation, of the owner or owners of the same, at a price mutually to be agreed upon between
them; and in case of disagreement as to price, it shall be the duty of the Governor
of this state, upon notice given to him, by said corporation, to appoint three commissioners, who shall be persons not interested in the matter,
to be determined by them, to determine the damages which the owner or owners of the said land or real estate,
so entered upon by said corporation, have sustained by the occupation of the same; and upon payment of such damages, together
with the costs and charges attending the appraisement by the said corporation, the said commissioners being allowed two dollars per day whilst thus
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employed, or upon the corporation depositing in the treasury of the state the amount of such damages, together witn the costs and charges aforesaid, to the credit of the person or persons the commissioners
may have awarded the same, the proper officer of such treasury giving notice to such
person or persons by letter of such deposite being made by the said corporation, then the said corporation shall be deemed to be seized and possessed of the fee simple of all such lands or
real estate as shall have been appraised by the said commissioners; and it shall be
the duty of said commissioners, or a majority of them, to deliver to said corporation a written statement of the award or awards they shall make, with a description of
the lands or real estate appraised, to be recorded by the said corporation in the clerk’s office of the connty commissioners’ court in which the land or real estate may be; that in case any owner or owners of land
or real estate so appraised, shall be feme covert, under age, non compos mentis, or out of this state, then, in such case, the said corporation shall pay the said last mentioned owner or owners, respectively, whenever the same
shall be lawfully determined, together with interest at the rate of six per cent per annum.
Corporation authorized to construct road
Regulations
Collect tolls
Sec. 9. That the said corporation be, and they are hereby authorized to construct and use a road, of suitable width
and dimensions, to be determined by said corporation, within the limits prescribed by the first section of this act, and shall have power to regulate the time and manner in which goods and passengers
shall be taken, transported and carried on the same, as well as the manner in which they shall collect all dues on account of transportations;
and shall have power to erect houses and other buildings for the accommodation of
their concerns, as they may deem suitable to their interests, and to collect tolls
as soon as any part thereof is finished.
When rail road shall cross or intersect other roads, how company shall proceed
Sec. 10. That whenever it shall be necessary for their rail road to cross or intersect any
water course, or other highways, lying between the points aforesaid, it shall be lawful
for the said corporation to construct their rail road across or upon the same; Provided, The corporation shall restore the highway thus intersected to its former state, or in a sufficient
manner not to impair its usefulness.
Subsequent companies may join this
Disagreement, how cured
Sec. 11. It shall be lawful for any rail road company which may hereafter be incorporated,
to join with the rail road company hereby created, at any point they may think advisable, on such terms as the companies
respectively may agree upon; in case that a disagreement between the directors, then, upon such terms as the
circuit court of the county in which such difficulty may take place, shall, upon a full view of
the premises and facts connected
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with the case, determine to be equitable and just between the said companies.
Persons injuring works, how liable.
Sec. 12. That if any person or persons shall wilfully do, or cause to be done, any act or
acts, whereby any building, construction or work, of said corporation, or any engine, machine or construction, or any matter or thing appertaining to the
same, shall be stopped, obstructed, injured or destroyed, the person or persons so
offending, shall forfeit and pay the said corporation double the amount of damages sustained by means of such offence, to be recovered in the name of said corporation, with costs of suit, by action of debt, to be brought in any court of record in this
state, or before any justice of the peace in the counties where such injury may have accrued;
and the person or persons so offending shall be deemed guilty of a misdemeanor and
liable to fine and imprisonment.
Stock subsrcibed may be paid in land
Sec. 13. That the said corporation shall have the liberty of taking and receiving in payment of the stock subscribed
to said corporation, a conveyance in fee simple of any land or town lots, and the same, together with
any such donations as above provided, to sell and convey in such manner and on such
terms, as may be thought necessary and most advantageous to the said corporation.
When election of directors shall be had
Directors to receive books
Sec. 14. When one-tenth part of more of the stock of said company shall be subscribed, the said commissioners shall make an election, at such time
and place as they may direct, for the election of directors as herein provided, and
the said directors shall receive from the said commissioners all the books, papers
and money, which they may have received, and thereafter the directors shall receive subscriptions to the said capital stock,
until the whole amount shall be subscribed.
Public act
How construed
Sec. 15. This act shall be deemed a public act, and shall be favorably construed for the purposes therein expressed, and declared
in all courts and places whatever.
Approved 28th Feb. 1837.
1Out of the Committee on Corporations, Jesse K. Dubois introduced HB 192 in the House on February 8, 1837. On February 20, the House passed the bill. On February 27, the
Senate passed the bill. On February 28, the Council of Revision approved the bill and the act became law.
Journal of the House of Representatives of the Tenth General Assembly of the State
of Illinois (Vandalia, IL: William Walters, 1836), 316,
553, 651, 730, 751, 766; Journal of the Senate of the Tenth General Assembly of the State of Illinois (Vandalia, IL: William Walters, 1836), 471, 522, 527-528, 551-552.
Printed Document, 6 page(s), Incorporation Laws of the State of Illinois, Passed at a Session of the General Assembly (Vandalia, IL: William Walters, 1837), 138-43, GA Session: 10-1