. . . 1 purposes of the Corporation to be paid into the hand of the Treasurer, and if after publication of notice in a newspaper, once a week for two months, of the time of the time of payment of any proportion or instalment of said Capital Stock ^if^ any stockholder shall fail to pay his instalment at the time specified in such notice, the amount paid by such delinquent stockholder previously, shall be forfeited to the Company, and his stock may be sold to any person for such price, as may be agreed upon between said company and the purchaser

Sec[Section] 6 Dividends of the nett profits of the said Company, shall be made at such time as shall be determined by the stockholders in general meeting which dividend shall be paid to the person Entitled to the same, on demand made ten days after making and declaring such dividend. The declaring and amount of said dividend shall be published once or more in the nearest newspaper.

Sec 7 The Treasurer of the Company within thirty days after his appointment shall enter into bonds for the faithful discharge of his duties, in such amount as shall be designated by the Board of Directors, and with such securities as said Board may approve; and all monied accruing to the company, and falling into the

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hands of said Treasurer, shall be by him deposited in the Vandalia Branch of the State Bank to the credit of said company; whenever the sum shall exceed one hundred dollars, said money when so deposited, shall only be drawn therefrom for the use of said Company, on the check of the Treasurer countersigned by the President of the Corporation

Sec 8 The stock of said Company shall be deemed personal Estate, and pass as such to the legal Representatives of each stock holders Provided That the real estate which may be held by said Corporation shall be sold and conveyed when they may think proper so to dispose of it according to the forms and in the manner prescribed by law for conveying real estate, the President of the Company making the acknowledgment on behalf of the Corporation And Provided further that the said Corporation, during the period of its Existence, which shall terminate at the expiration of twenty years from the passage of this act, shall not purchase and hold any greater quantity of land than one thousand acres.