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Sec.[Section] 1. Be it enacted by the people of the State of Illinois represented in the General Assembly, That it shall be lawful for the Fund Commissioner and it is hereby made his duty
to sell State bonds to an amount not exceeding twelve hundred thousand dollars, and at and at not less than par value, and with the proceeds thereof to redeem the outstanding
scrip due from the State,—provided however, that upon the application of any scrip-holder, he may deliver
over State Bonds in exchange for the scrip so held.—the said bonds to bear interest
at the rate of six per centum per annum, payable semi annually.
Sec 2. And be it further enacted, that it shall be lawful for any holder of scrip who
has received the same for work and labor on services by him rendered and performed
for the state, to pay his taxes with the same, and it is hereby made the duty of any collector
or collectors to receive the said scrip from said holder or holders as aforesaid,
in pay- of his taxes.
This act to take effect from its passage.
<Page 2>
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A Bill for An act authorizing the Fund commissioner to sell bonds for the redemption
of Scrip and for other purposes.
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[02]/[24]/[1841]
[02]/[24]/[1841]
laid on table
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[02]/[19]/[1841]
[02]/[19]/[1841]
ord 2
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[02]/[22]/[1841]
[02]/[22]/[1841]
refd[referred] to com.[committee] 9.
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31
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1
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4
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1John J. Brown introduced HB 280 in the House of Representatives on February 19, 1841. On February 22, the House referred the bill to a committee
of nine that included Abraham Lincoln created on February 20 in response to a resolution adopted by the House. The select committee of nine reported back the bill on February
24 without amendment, recommending its passage. The House refused to indefinitely
postpone consideration by a vote of 30 yeas to 44 nays, with Lincoln voting nay.
On Lincoln’s motion, the House tabled the bill and a proposed substitute. On February
27, the House took up the bill, tabling it a second time, this time by a vote of 40
yeas to 35 nays, with Lincoln voting nay.
Journal of the House of Representatives, of the Twelfth General Assembly of the State
of Illinois, At Their Second Session, Begun and Held in the City of Springfield, December
7, 1840 (Springfield, IL: William Walters, 1840), 438, 455, 466, 493, 561-62.
Handwritten Document, 2 page(s), Folder 195, HB 280, GA Session 12-2,
Illinois State Archives (Springfield, IL) ,