Sec.[Section] 1. Be it enacted by the people of the State of Illinois, Represented in the General Assembly, That Seth Washburn, Matthias Mason, Robert Easton[,] and such other persons as shall become subscribers to the Stock hereinafter mentioned shall be, and they are hereby constituted a body politic and corporate by the name and style of the Middlesex Steam Mill Company, from and after the passage of this act; and by that name they and their successors shall and may have succession for the term of thirty years from and after the passage of this act, and shall be capable of suing and be sued, pleading and being implead, answering and being answered, in all courts and places whatsoever, and they and their successors may have a common seal, and they shall in law be capable of purchasing and holding real estate for the purposes and objects of said corporation: Provided, that the personal property of each stockholder be bound for the contracts of such corporation.

Sec. 2. That the capital stock of said corporation shall be six thousand dollars with power in the company to increase said stock to fifteen thousand dollars, if they shall deem it necessary; that said capital stock shall be divided into shares of twenty five dollars each, and that the above named corporators have power to open and keep open books for subscription to said stock.

Sec. 3. That the said Company are hereby empowered to erect and conduct a grist mill and such other machinery to be propelled by steam

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as they may deem necessary, and that they have power to make byelaws and such other regulations for managing said affairs, as are just and necessary: Provided, said mill and mach[i]nery be erected at or near Half day post office in Lake county.

Sec. 4. That the above named corporators be allowed two years from and after the passage of this act to construct and erect said mill and machinery; and if said mill be not in operation within said time, this act shall be void and of no effect.