Sec[Section] 1 Be it enacted by the people of the State of Illinois Represented in the General assembly, That, Elish H. Hazard, Chancey G woodruff, Adam R. Hamilton, Joshua T Atkinson, A. S. Bergen, william D Dudley, James Mathers and S. M. Kilgore and their associates and [...?]Successors be, and they are here by, created a body politic, and corporate, to be
Styled and Known by the name of the Trustees of the Little Rock, Accademy, and by that Style and name to remain and have perpetual Succession. The Said accademy Shall be, and remain at or near little Rock in the County of Whitesides and State of Illinois. The number of Trustees Shall not exceed twelve in number one of whom Shall be President of the board to be chosen by the trustees. For the
present the above named individuals Shall constitute the board of trustees who shall
fill the remaining vacancies at their discretion.
Sec. 2 The object of said corporation shall be the promotion of the General interest of Education
Sec 3 the corporate powers hereby bestowed Shall be such only as are essential or useful
in the attainment of Said object, and Such as are usually confered on Similar bodies corporate, to wit, to have perpetual succession, to make contracts
to Sue and be Sued, plead and be impleaded, to grant and receive by its corporate
name and to do all other acts as natural persons may to accept acquire purchase or
sell property real or personal, or mixed, in all lawful ways; to use, employ, manage,
and dispose of all Such property, and all money belonging to said corporation, in Such manner as Shall Seem to the trustees best adapted to promote the objects
before mentioned, to have a common Seal, and to alter and ^or^ change the Same, to make such bye-laws for its regulation as are not inconsistent with the constitution and laws of the
United States or this State and to confer on such persons as may be considered worthy,
such academical or honorary degrees, as are usualy confered by similar institutions.
Sec 4 The trustees of Said corporation shall have authority, from time to time to prescribe and regulate the Studies to
be pursued in
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Said accademy, to fix, the rate of tuition and other accademical expences, to appoint instructors and such other officers and agents as may be necessary in
manageing the concerns of the institution To define Their duties, to fix their compensation, and to displace or remove ^remove^ them, to erect necessary buildings to purchase books chemical and philosofical apparatus, and other Suitable means of instruction, to make rules for the general
management of the affairs of the institution, and for the regulation of the conduct of the Students.
Sec 5 The trustees for the time being, in order to have perpetual Succession Shall have
power to fill any vacancy which may occur in the board from death, removal resignation
or any other cause. a majority of the trustees for the time being, Shall be a quorum
to do business.
Sec 6 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 sufficient with Security, in such penal Sum as the board may ^prescribe^ Conditiond for the performance of such duties as the bye-laws may require of him
Sec 7 The Said institution shall be open to all denominations and of christians, and the profession of any particular religious faith shall not be
required of those who become Students. all persons however, may be suspended or expelled
from said institution, by the trustees thereof whose habits are idle or vicious or whose moral character
is bad
Sec. 8. The lands, tenements, and hereditaments, to be held in perpetuity, by virtue of
this act by said corporation shall not exceede Six hundred and forty acres,
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Provided however, That if any donations, grants, or devises in land, Shall from time
to time be made to said corporation, over and above the Six hundred and forty acres which may be held in perpetuity as
afforesaid the Same may be received and held by Said corporation for the period of five Years, from the date of any such donation, grant, or devise,
at the end of which time, if the said lands shall not have been sold by the Said corporation, then and in that case, the Said lands, so donated Granted or devised, Shall revert
to the donor, Grantor, or the heirs of the devisor of the same.
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26
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No[Number] 271
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A. Bill for an act to incorporate^incorporate^ the little Rock academy
an act to incorporate the little rock academy
an act to incorporate the little rock academy
Handwritten Document, 4 page(s), Folder 224, HB 239, GA Session 10-1, Illinois State Archives (Springfield, IL) ,