In force March 4, I837.
AN ACT to incorporate the Jacksonville Hotel Company.
1Body politic & corporate created
Powers
Sec.[Section] 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That John P. Wilkenson, Matthew Stacy, James Dunlap, James Tilton, Ira Davenport, T. T. January, D. B. Ayers, John Hurst, Porter Clay, Philip Coffman, and their successors and associates, be, and they are hereby constituted a body
politic and corporate, under the name of the “Jacksonville Hotel Company;” said Hotel to be located in the town of Jacksonville, in Morgan county, and by the name aforesaid shall have power to contract and be contracted with, sue
and be sued, plead and be impleaded, in all courts in this State; and shall be vested with all powers and privileges necessary to the object of their
incorporation, as are herein defined and provided.
Amount of capital stock
Shares
Sec. 2. The capital stock of said corporation shall be ten thousand dollars, with liberty to increase the sum to forty thousand
dollars, which capital stock shall be divided into shares of fifty dollars each.
Commissioners’
Rights & privileges
Sec. 3. The individuals aforesaid shall be commissioners to open books for the subscription
of the capital of said company, at Jacksonville, and at such times as to them may seem proper; and said corporation shall be entitled to all the rights and privileges, and be subject to all the penalties
and forfeitures, granted to the Alton Hotel Company by an act entitled “An act to incorporate the Alton Hotel Company,” approved February 12th, 1835; Provided, however, That said corporation shall not deal in bills of exchange, and shall exist for thirty years.2
Act repealed
Sec. 4. The proviso to the 7th section of an act entitled “An act to incorporate the Jacksonville Female Academy,” approved 27th January, 1835, be, and the same is hereby repealed.3
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Alton Hotel Company may open books
Sec. 5. That the Alton Hotel Company be, and they are hereby authorized, at any time within three months from the passage
of this act, to open books of subscription in pursuance of the regulations contained
in the act entitled “An act to incorporate the Alton Hotel Company,” approved February 12th 1835.4
Approved 4th March, 1837.
1On February 13, 1837, John Hardin introduced HB 260 in the House. On March 3, following the addition of sundry amendments by a select committee,
the House passed the bill, and referred it to the Senate. On March 3, following the insertion of section 5, the Senate too passed the bill.
That same day, the House agreed with the Senate amendment. On March 4, theCouncil of Revision approved the bill, and the act became law.
Illinois House Journal. 1836. 10th G. A., 1st sess., 576, 819, 836, 838, 846; Illinois Senate Journal. 1836. 10th G. A., 1st sess., 605-606, 623, 626.
Printed Document, 2 page(s), Incorporation Laws of the State of Illinois, Passed at a Session of the General Assembly (Vandalia, IL: William Walters, 1837), 286-87, GA Session: 10-1