Sec[Section] 1. Be it enacted by the people of the state of Illinois represented in the General Assembly, That Harvey Lee [,] William Walters [,] James Black[,] Charles Prentice[,] Asahel Lee[,] William Linn[,] Moses Philips [...?]be, and they are hereby created, a body corporate & politic, by the name and style
of the “Trustees of the Fayette County manual Labor Seminary” and by that style and name to have perpetual succession. The said Seminary shall be located on some eligible situatine in the Township in which the Town of Vandalia is located.
Sec 2. The Corporate powers hereby given shall be such as are usually confered on Similar corporate bodies, to wit; to have perpetual succession, to make contracts,
to sue & be sued, to plead and be impleaded, to grant and receive by its corporate
name, and to all such acts and things as a natural person may; acquire, purchase,
or sell property real or personal, & in all lawful ways, to use, manage[,] & dispose of the same; may have a common seal, may alter & change the same; and may
make such bye laws for its regulation, not inconsistent with the Constitution & laws of the United States
or of the State of Illinois.
Sec 3. The Trustees shall of Said Seminary shall have authority, from time to time, to prescribe the Course of studies to be
pursued in said institution; the amount of labor to be required of the students thereof; to fix the rate of tuition,
and other academic expences; to appoint instructors and such other officers and agents as they may consider necessary
to the proper managing the concerns of said institution; may define their duties, fix their compensation[,] and at
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the pleasure of a majority of the trustees; displace or remove them.
Sec. 4. The Trustees for the time being, that their succession may be perpetual, shall
have power to fill any vacancy which may occur in their number from death, resignation[,] or removal ^or other cause^. A majority of the trustees for the time being, shall be a quorum to do business
& shall have power to increase their number to any amount, not exceeding twelve. Provided, That two thirds of the trustees for the time being, shall concur in the appointment
of the trustees to be added.
Sec. 5. It shall be the duty of said trustees to appoint one of their number, Treasurer
to the board, who shall be required to give bond with such surety, as may be deemed
sufficient, conditioned for the faithful performance of such duties as may be required
of him by the bye-laws.
Sec. 6th. The said institution shall be open to all denominations of Christians and the profession of any particular
christian ^religious^ faith shall not be required of by those who may desire to become students in said institution.
Sec. 7. The lands and tenements to be held in perpetuity; by virtue of this act shall
not exceed six hundred and Forty acres. Provided, however, That if any donation, grant or devises in land, shall from time to time be made,
to said Corporation, over and above the six hundred & Forty acres, held in perpetuity, as aforesaid,
the same may be received and held by
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said Corporation, for the period of five years, from the date of any such donation, grant, or devise,
at the expiration of which time, if the said lands be not sold by the said Corporation, then the said lands so donated[,] granted, or devised shal[l] revert to th[e] original donor, ^or^ grantor, or to the heirs of [said] devisor of the same
Sec. 8. This act shall be in force from and after its passage
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24
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No 274.
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A Bill for an act to incorporate the Fayette County Manual Labor Academy ^Semanary^
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[02]/[11]/[1837]
[02]/[11]/[1837]
Com Corporations
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299
Handwritten Document, 4 page(s), Folder 222, HB 237, GA Session 10-1, Illinois State Archives (Springfield, IL) ,