In force, Feb.[February] 19, 1841.
An ACT to authorize the County Commissioners of Jefferson County to borrow money.
1Com commis’rs may borrow money
Sec.[Section] 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That the county commissioners of Jefferson county, be, and they are hereby authorized and empowered, (if they shall deem it expedient,) to borrow any sum of money not exceeding five
thousand dollars, at any rate of interest to be agreed upon, not exceeding twelve
per cent. per annum.
Payment of principal and interest
Sec. 2. The county commissioners’ court of said county shall have power to make and execute, or cause to be made and executed, any and all
contracts, agreements or other instruments in writing, for the payment of interest and principal, which may be found necessary to carry
into effect the provisions of this act, and the money so borrowed shall be by said
court faithfully applied to the payment of the debts of said county.
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Sec. 3. This act shall take effect and be in force from and after its passage.
Approved, February 19, 1841.
1On January 4, 1841, Noah Johnston in the Senate presented a petition of the county commissioners of Jefferson County, requesting permission to borrow money to pay for a courthouse. The Senate referred
the petition to the Committee on the Judiciary. In response to this petition, Johnston
of the Committee on the Judiciary introduced SB 90 on January 6. The Senate passed the bill on January 14. The House of Representatives passed the bill on February 16. The Council of Revision approved the bill on February 19, and the act became law.
Illinois House Journal. 1840. 12th G. A., 229, 255-56, 380, 409; Illinois Senate Journal. 1840. 12th G. A., 132, 139, 158, 163, 329-330, 351, 355-56.
Printed Document, 2 page(s), Laws of the State of Illinois, Passed by the Twelfth General Assembly (Springfield, IL: William Walters, 1841), 91-92, GA Session: 12-2,