Sec [Section]1st. Be it enacted by the people of the state of Illinois represented in the General Assembly.
That Charles Hayward[,] Loring Delana, and Allen H. Howland and, their associats[,] heir[,] and assigns, be and they hereby are constituted a body politic and Corporate by the name and style of the ottawa centre Bridge Company, with the sole power vested in them, and their successors, in their Corporate name, of suing and being sued, pleading and being impleaded, answering and being answered[,] defending and being defended, in all courts of law and equity whatsoever; may make have and use a common seal, and break, alter[,] or amend ^renew^ the same at pleasure; may purchase[,] take[,] and hold such property whether real[,] personal[,] or mixed as they shall deem reasonable to carry into come into effect the object of said Company, may exchange[,] sell[,] or otherwise dispose of the same; and may also establish, ordain[,] and put in execution such ordinances, regulations[,] and bye laws, as may be proper, necessary, or convenient for the government of said Company or Incorporation not contrary to the laws or the Constitution of this State or the United States.
That Charles Hayward[,] Loring Delana, and Allen H. Howland and, their associats[,] heir[,] and assigns, be and they hereby are constituted a body politic and Corporate by the name and style of the ottawa centre Bridge Company, with the sole power vested in them, and their successors, in their Corporate name, of suing and being sued, pleading and being impleaded, answering and being answered[,] defending and being defended, in all courts of law and equity whatsoever; may make have and use a common seal, and break, alter[,] or amend ^renew^ the same at pleasure; may purchase[,] take[,] and hold such property whether real[,] personal[,] or mixed as they shall deem reasonable to carry into come into effect the object of said Company, may exchange[,] sell[,] or otherwise dispose of the same; and may also establish, ordain[,] and put in execution such ordinances, regulations[,] and bye laws, as may be proper, necessary, or convenient for the government of said Company or Incorporation not contrary to the laws or the Constitution of this State or the United States.
Sec. 2nd. The Capital stock of said Company shall not exceed Ten thousand dollars, and shall be divided in such number of shares,
and of such amount each as the said Charles Hayward, Loring Delano[,] and Allen H. Howland and their Associates[,] heirs[,] and Assigns shall think proper.
Sec. 3rd. A majority of the stockholders of said Company shall constitute a quorum to do business and shall hold their first meeting for the
purpose of choosing such officers to transact the business of the Company as shall be proper, at such time and place as the said Charles hayward[,] Loring Delano[,] and Allen H. Howland or any two of them shall appoint, by giving thirty days[’] notice in one of the nearest
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public Journals to the bridge site, at which meeting each and every stock holder either in person or by proxy shall be entitled to one vote, for each and every share
of the stock he or she may own, and the said officers when duly elected, or a majority
of the stock holders as the Company shall determine shall have power to call for such installments, on each share as
may be deemed necessary for the interest of the Company, and in case of a failure on the part of any stockholder his heirs or assigns to
pay said instalment within thirty days after being required, all the interest they
may or have ^or^ possess in said Company shall be forfeited to the members thereof. Provided that four weeks[’] notice of such call shall have been given either in writing or in some newspaper
printed in Lasalle County.
Sec 4th. The said Company shall have power and are hereby authorised to erect a Bridge across the Fox River at any point on section twelve town thirty three North of Range three East of the
third principal meridian, not interfering with the site for the aqueduct of the Illinois and Michigan Canal, said bridge to be so constructed, as to afford a safe and free passage to all travel
and be kept in good repair for the purposes intended.
Sec. 5th. The said Company shall within one year from the first day of April next, commence the building of
said Bridge across said Fox River, and shall complete the same within two years thereafter, otherwise this act shall
be null and void.
Sec 6th. As soon as the said Bridge shall be completed it shall and may be lawful for the
said Corporation to erect a toll gate at the end of or on said bridge and to demand and receive the
same rates of toll for passing the same as are now established and
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received for ferriage across said Fox River in the Town Ottawa.
Sec 7. The stock of said Company shall be deemed personal property and assignable and transferable on the books of
the Company. But no stockholders, or his legal representatives indebted to the Corporation shall have power to make a transfer until such debt be paid or secured to be paid,
to the satisfaction of the officers of said Company or a majority of the stock holders.
Sec 8. This act of incorporation shall be and continue in force for and during the term
of twenty five years from and after its passage and no longer.
Sec 9. This act is hereby declared a public act and shall take effect from and after
its passage.
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[02]/[26]/[1839]
[02]/[26]/[1839]
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[02]/[06]/[1839]
[02]/[06]/[1839]
Engrossed
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[02]/[28]/[1839]
[02]/[28]/[1839]
Amts[Amendments] concd[concurred] in
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[02]/[28]/[1839]
[02]/[28]/[1839]
passed as amended
Handwritten Document, 6 page(s), Folder 178, HB 228, GA Session 11-1, Illinois State Archives (Springfield, IL) ,