Sec[Section] 1 Be it enacted by the people of the state of Illinois represented in the General assembly. That Sidney Rigdon[,] George. W. Robinson, Samuel James, Wilson Law, Daniel H. Wells, Hyram Smith, George Miller[,] William Marks, Peter Haws, Vinson Knight, John Scott, Don. C. Smith, William Huntington Sr.[,] Ebenezer Robinson, R. B. Thompson, William Law, James Alred, John T. Barnett, Theodore Turley, John. C. Bennett, Elias Higbee, Isaac Higbee, Joseph Smith, A Cutler[,] Israel Barlow, R. D. Foster, John. F. Olney[,] John Snider, Leonard Soby, Orson Pratt [,]James Kelley, Sidney Knowlton, John. P. Greene[,] John. F. Weld and their associates and successors are hereby constituted a body corporate and politic by the name of the Nauvoo Agricultural and manufacturing Association and by that name shall be capable of suing and being sued, pleading and being impleaded, answering and being answered in all courts and places, and may have a common seal and may alter the same pleasure

Sec 2 The sole objects and purposes of said association shall be for the promotion of agriculture and husbandry in all its branches and for the manufacture of flour, lumber and such other useful articles as are necessary for the ordinary purposes of life

Sec 3 The capital stock of said association shall be one hundred thousand dollars, with the privilege of increasing it to the sum of three hundred thousand dollars to be divided into shares of fifty dollars which shall be considered personal property and be assignable in such manner as the said corporationmay by its bye laws provide; which capital stock shall be exclusively devoted to the objects and purposes set forth in the second section of this act and to no other objects and purposes. And to the same end the said corporation shall have power to purchase hold and convey real estate and other property to the amount of its capital

Sec 4 Said corporation shall have power by its trustees or a majority of them present at any regularly called meeting, to make bye laws for its own goverment, for the purpose of carrying out the objects of this association: Provided the same are not repugnant to the laws and constitution of this state or of the United states

Sec 5 Joseph Smith, Sidney Rigdon and William Larr shall be commissioners to receive subscriptions

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for and distribute said capital stock for said corporation. Said commissioners or a majority of them shall within six months after the passage of this act either by themselves or their duly appointed agents, open a subscription book for said stock, at such times and places as they shall appoint; and at the time of subscription for such stock, at least ten percent upon each share subscribed for shall be paid to said commissioners or their duly appointed agents And the remainder of said stock so subscribed for shall be paid in, in such sums and at such times as shall be provided for by the bye laws of said corporation

Sec 6 In case the stock of said corporation shall not all be taken up within one year from the passage of this act the duties of said commissioners shall cease, and the trustees thereof of said corporation or a quorum thereof may there after receive subscriptions to said stock from time to time until the whole shall be subscribed

Sec 7 The stock, property and concerns of said corporation shall be managed by twenty trustees, who shall be stock

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holders of said corporation, any five of whom to be designated by a majority of the trustees, shall form a quorum for the transaction of all ordinary business of said corporation; the election of which trustees shall be annual. The first mentioned twenty persons, whose names are recited in the first section of this act, shall be the first trustees of said corporation and shall hold their offices until the first Monday in September AD 1841 and until others shall be elected in their places

Sec 8 The trustees of said corporation for every subsequent year, shall be elected on the first Monday of December in each and every year, at such time and place as the trustees for the time being shall appoint; and of which election they shall give at least fifteen days previous notice by advertisement in some newspaper in or near the city of Nauvoo. At every election of trustees each stockholder shall be entitled to one vote on each share of stock owned by him; Provided that no stockholder shall be entitled to more than twenty votes; and said stockholders may vote either in person or by proxy. The elections for trustees shall be conducted

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in such manner as shall be pointed out by the bye laws of said corporation; and whenever a vacancy shall happen by death[,] resignation[,] or otherwise among the trustees, the remaining trustees shall have power to fill such vacancy, until the next general election for trustees

Sec 9 The trustees of said corporation as soon as may be, after their appointment or election under this act shall proceed to elect out of their number a President, Treasurer and Secretary, who shall respectively hold their offices during one year and until others shall be elected to fill their places and whose duties shall be defined and prescribed by the bye laws of the corporation; and said trustees shall also appoint such agents and other persons as may be necessary to conduct the proper business and accomplish the declared objects of said corporation and shall like wise have power to fill any vacancy occasioned by the death, resignation[,] or removal of any officer of said corporation

Sec 10 Any share or shares of stock which may be held

sec 10 This act shall be construed as a public act and continue in force for the period of twenty years: and the trustees appointed under the provisions of this act shall hold their first meeting at the city of Nauvoo on the first Monday of April AD 1841