Sec[Section] 1 Be it enacted by the People of the State of Illinois represented in the General Assembly

That the provisions and benefits of an Act entitled an “Act to Incorporate the Wabash Navagation Company” Approved January 13^th 1825 also of the Supplement thereto approved February 25^th 18331 ^and also of the act amendatory thereof approved February 12^th 1835^ be and the same are hereby Continued to those who may become stock-holders in said Company, and the Directors appointed by the 2^nd section of the supplement aforesaid shall hold their offices for one year after the said Company shall have organised and untill their successors are duly elected and qualified; This act shall be null and void unless the sum of ten thousand dollars of the Capital stock shall have been subscribed, and the Company organised by electing their President and Treasurer within the year 1839 which said Capital stock and shares shall be the same as provided in the 2^nd section of the Act Approved January 13^th 1825. Provided that said supplementory and amendatory acts herein recited, shall be held to be in force as limiting the powers and operations of said company, and the extension of time herein granted is allowed upon the condition that said supplementory and amendatory Acts shall be in full force and compose part of the act of Incorporation as amended by this act,

Sec 2 It shall be the duty of the Directors to advertise six weeks previous to the next regular term of the Circuit Court for Wabash County in the nearest newspaper, that they will open books on the first day of the Circuit Court aforesaid in the Town of Mt Carmel for the subscription of the [Sto]ck of said Company which books shall be

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continued open from day to day untill the whole stock is subscribed, and so soon as ten thousand dollars in shares of one hundred dollars each as heretofore provided is subscribed the Directors shall proceed to elect one of their number President and another Treasurer, The Treasurer shall give such bond or bonds to the President and his successors as the board may direct and require and a majority of the whole board may remove him at any time when they may think proper. Provided that five shall be a quorum to transact all other business.

Sec 3 The said company may borrow money to the amount of their Capital stock, but shall in no case exceed it, all of the estate real and personal of said corporation shall be bound for its debts, and be liable to be sold under execution—and all contracts made by or with said Corporation may be sued on and enforced before any Justice of the Peace or other proper Court or tribunal the same as contracts between private individuals whether said corporation be plaintiff or defendant, and shall be subject to the same right of appeal. Provided that the summons may be served either on2 the President or Treasurer.

on this subject shall be construed to apply to all of that tract of Country situate between the little Rock Rapid and the mouth of Great House creek and none other. Provided that nothing herein contained shall be so construed as to give the corporation the right to a lease of water, without regard to Quantity or terms; but the quantity of water and the terms of the lease shall be ^the^ subject of contract, between the parties, as though the power to lease had not been confered

Sec 5 The President and Directors shall open a column in their book for the Citizens of Mt, Carmel and all others choosing to do so, to subscribe any sum of money as stock that they may wish for draining and otherwise improving the Wabashbottom at any place or places between the little Rock Rapid and the mouth of Great House creek, and for grading the river bank so as to improve the Steam Boat landing at any point or points above the Rail Road depot at Mt Carmel, and to do and perform such other things or acts as may be conducive to the improvement of the

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health of the country aforesaid, It shall be the duty of the company aforesaid to subscribe out of the profits accruing to them by virtue of their Incorporation a sum equal to the whole amount paid in by individuals, if the paid sum shall not exceed five thousand dollars which sum shall be in lieu of any taxes charged or to be Charged on said corporation—and the money so paid by Individuals and so subscribed by the Corporation shall be faithfully and speedily applied for the objects and purposes defined as aforesaid and nonother[none other] for which purpose the said Corporaters are authorised to enter upon the Commons Of Mt Carmel and take and use any dirt[,] clay[,] or other material which may be useful in the work aforesaid.

Sec 6 Said Company shall have power to purchase and hold such land not exceeding in all six hundred and forty acres, as may be necessary for the Improvement of the health of the People by draining the Wabash bottoms or otherwise, or for the running [,] using[,] or propelling any manufacturing mills or any and every discription of machinery whatever that said Company may desire to construct or use and said Company are hereby authorised to lease and employ so much water as they may need in for and about any such machinery as they may have constructed, all lands owned by said Corporation shall be deeded to the President and Directors of said Corporation, and all deeds from the Corporation shall be executed by the President and a majority of the Directors.

Sec 7 Said company in making any of the improve-

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ments by canal or otherwise as aforesaid are hereby authorised and empowered by and with the consent of the proper persons to enter upon[,] appropriate[,] and use for the aforesaid purposes so much of the land within the limits of Mt Carmel as was set apart and reserved by the original proprieters thereof for canal purposes, and also to use and appropriate so much of said Canal reserve as may be needed for sites for Mills[,] Houses[,] or any other Houses or buildings which may be wanted in order to obtain the full benefit of any water privileges growing out of such improvements ^or improvements,^ or obtained by leases from the State

Sec 8 The said corporation shall have the power to contract and be contracted with, and in reference to its business, the management and use of its funds, shall have an enjoy the same rights and powers, as a natural person, and the first section of the supplemental act herein recited is hereby repealed.

Sec 9 Should any excavation authorised to be made by the corporation aforesaid injuriously affect any State or county road or any street, through Town it shall be the duty of said company by good and lasting bridges or otherwise to make a safe[,] easy[,] and free Communication across or along said road or street.

Sec 10 This charter may be repealed at any time after fifty years and not before if the Legislature shall think that it is not beneficial to the interests of Community at large, but a reasonable time shall be given previous to any repeal as aforesaid for the company to collect their debts, and dispose of thei[r]

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property—provided however that the state shall not be liable for any damages occasioned by revoking the Charter as aforesaid.

Sec 11 This shall be deemed and taken to be a public Act of which the courts shall exofficio take notice for all purposes whatever. The President[,] Treasurer[,] and Directors shall hold their offices for one year And until their successors are duly elected and qualified.