Amendment to “A Bill concerning the State Bank of Illinois,” [24 February 1841]
Amend the bill by striking out the 3rd section and inserting in lieu thereof the following—
"The said Bank shall not be entitled to the benefits of this act, until it shall have entered into bond contract with the Governor, to purchase of the state six per cent bonds at par as follows viz On the first day of July next the amount of fifty thousand dollars, on the first day of January 1842 fifty thousand dollars; on the first day of July 1842 fifty thousand dollars, and on the first day of January 1843 fifty thousand dollars. And the purchase money of such bonds shall be advanced, at the times named, by said Bank, and applied exclusively to the redemption ^of Bonds^ heretofore hypothecated by the Fund Commissioner, and to the payment of interest due on state indebtedness, other than to said Bank.1
Handwritten Document, 2 page(s), Lincoln Collection, HB 286, GA Session: 12-2, Illinois State Archives (Springfield, IL).