. . . Sec.[Section] 4. The association shall be empowered to import stock from any portion of the world, and at their exhibitions to grant such premiums, as private donations, which it is hereby authorized to receive, and the funds of the association may, in the estimation of the directors justify.

Sec. 5. The association shall be empowered to establish an agricultural school and to do such acts as may be necessary thereto.

Sec. 6. The capital stock of the association independant of the real estate, shall not exceed fifty thousand dollars, which shall be divided into shares of twentyfive dollars each, one dollar on the share, to be paid in at the time of subscription, and the remainder at such times and places, as the board of directors may require Provided that no more than fifty cents in the dollars may be called for in any one year, nor may any call be payable until public notice shall have been given thereof by publication for four successive weeks in a weekly newspaper printed in Jacksonville and Springfield, any stockholder who shall fail for the space of two months after the publication of said notice to pay the call upon his stock shall forfeit the same to the association.

Sec. 7. It shall be the duty of the corporators to open books in Jacksonville Morgan County, and at such other places as they may deem expedient for the subscription of stock and so soon as stock to the amount of five thousand dollars shall be subscribed, it shall be the duty of the corporators to call a meeting of the stockholders to be holden in Jacksonville, four weeks notice of the time and place

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. . . time be imposed upon him by the by-laws of the association, in such sum as the association may prescribe, with at least two substantial freeholders of the County of Morgan, as his sureties.

Sec. 12. The association may do such acts and employ such ^agents^, as may be appropriate in carrying out the provisions of this act but shall never permit gaming or the sell of ardent spirits, or the running or trotting of horse ^against^ horse upon their grounds, or elsewhere under the penalty of a forfeiture of this charter.

Sec. 13. Any stockholder, who shall directly, or indirectly make any bet, upon the result of any test, which shall be made of the speed or qualities of any horse, or other species of stock under the direction of the association, or upon the result of any exhibition of any species of stock, or of articles of domestic industry, or the products of the soil, shall forfeit his stock, and cease to be a member of the association, and that any person, other than a stockholder, who shall bet or offer to bet upon any of the results aforesaid, whilst upon the grounds of the association shall be subject to a penalty of ten dollars to be recovered in the name of the association for its own use, before any justice of the peace of the county of Morgan.