Sec[Section] 1 Be it Enacted by the People of the State of Illinois Represented in the General Assembly.

That John D Owings[,] David Hailman[,] James M. Wheeler, S H Cander, Miles A Gilbert[,] and William Brewster and their associates, successors and assigns be and they are hereby declared to be a body corporate and politic for the term of Twenty years from and after the passage of this act by the name and Style of the “Kaskaskia Beet Sugar Manufactury Company” and by that name and title shall be capable of suing and being suid of pleading and being impleaded of contracting and being contracted with of defending and being defended in all courts and places whatsoever, and may have and use a common seal the same to alter and renew at pleasure.

Sec 2 The Capital Stock of said company shall be one hundred thousand dollars with the power of increseing the same from time to time as a majority of the stockholders may deem proper, to any amount not Exceeding in the whole the sum of Three hundred Thousand dollars, dividend into shares of twenty dollars Each and Each share shall be entitled to one vote.

Sec 3 The said company shall have power to Enter into and carry on the cultivation of Beet and other saccharine vegetables and manufactures ^sugar therefrom & Export their products and Manufacturies^ to Erect Mills, Works, machinery and such other buildings as may be necessary for the manufacturer of sugar, to purchase[,] hold[,] and convey any property

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real, personal or mixed in the County of Randolph which may be necessary to Enable the said company properly to carry out this Expressed objects, for which they were incorporated. Provided That the quantity of real Estate to be held by said company shall not Exceed six hundred and forty acres.

Sec 4 The business and affairs of said company or the corporation hereby created shall be managed and governed by not less than three nor more than five Directors as the Stockholders as their annual meetings shall from time to time declare. One of the Directors shall be Elected President of the Board who shall also be Elected President of the Company.

Sec 5 The President and Directors of said company or a majority of them may Elect a Treasurer, Secretary and such other officers as they may deem necessary to carry into Effect the objects and intent of this act, may make[,] Execute[,] and adopt such Bye Laws, rules[,] regulations[,] and ordinances as they may think proper, Provided said Bye Laws, are not inconstant with the laws of this State or of the United States.

Sec 6 The shares in said company shall be deemed personal property and shall be transferable in such manner as shall be prescribed by the Bye Laws of said company, any two of the individuals named in the first section of this act are hereby authorised to open books for the subscription of said Stock in

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the Town of Kaskaskia at such place as may be appointed, by giving not less than five days notice of the time and place of such meeting in some newspaper in the County of Randolph or by said notice being stuck up on the court House door of said county.

Sec 7 This act shall be deemed a Public act in all courts and places whatsoever and shall be in force from and after its passage.

Sec. 8 That Miles A. Gilbert, James M Wheeler[,] John D. Owings[,]William Brewster [,] and such other persons as shall become stockholders pursuant to this section, shall be and they are hereby declared to be a body corporate and politic by the name and style of the “Randolph Silk Manufacturing Company” and by that name they and their sucessors shall have succession for the term of twenty Years with the power to sue and be suid, plead and be impleaded defend and be defended in all courts and places whatsoever, to make[,] have[,] and use a common seal the same to alter and renew at pleasure to contract and be contracted with ^in^ all matters and things relating to their corporate powers or duties as fully and Effectually as a natural person; to purchase, hold and convey real estate, personal or mixed to cultivate the different varieties of the mulbery to manufacture silk therefrom, also to manufacture all kinds of cloths whether made of silk, Flax[,] or wool and to Export the same, to Erect cocooneries, machinery, mills[,] and such other buildings as may be necessary to carry into

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Effect the objects and meaning of this act.

Sec 9 This Company orcorporation shall have the same amount of capital, perform all the duties and be governed by all the restrictions and limitations contained in the second, third, fourth, fifth, sixth, and seventh sections of this act, so far as they can be made applicable to the “Randolph Silk manufacturing Company” The corporate Existence of the said Randolph Silk Manufacturing company shall cease at the Expiration of twenty years from the passage of this act