Sect.[Section] 1. Be it enacted by the People of the State of Illinois represented in the General Assembly, That Henry Eckford, Oliver Clark[,] & Henry W. Billings and all such persons as shall become subscribers to the stock hereinafter described, shall be and they are hereby constituted and declared to be a body corporate and politic, by the name and style of the “Cairo City Mills” from and after the passage of this act, and by that name they and their successors shall have succession, and shall in law be capable in of suing and being sued, pleading and being impleaded, in all courts and places whatsoever; may have a common seal, alter and change the same at their pleasure. And they and their successors may also by that name and style be capable in law of contracting & being contracted with, of purchasing, holding, and conveying away real and personal estate, for the uses and purposes of the said corporation as hereinafter limited.

Sect. 2. The president and directors of said company hereinafter provided for shall have power and are hereby authorized to carry on the manufacture of ag the agricultural products of the country, and ^out (^ other useful branches of business,^)^ to erect mills, machines, works and such other buildings as may be necessary to carry on their business, and enter into all contracts which may concern the use and management of the property, affairs, and interests of the said company.

Sect. 3. The capital Stock of said company shall consist of One hundred Thousand dollars divided into shares of one hundred dollars each.

Sect. 4. That for the purpose of carrying into effect the objects of this corporation the persons named in the first section of this act ^or either of them^ are hereby appointed commissioners to obtain subscriptions, to the capital Stock of said company and may open books

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for said subscription at such times and places as ^they or^ he may deem expedient and when at least five hundred of said shares shall have been subscribed and one dollar on each share paid thereon, said commissioners shall within thirty days thereafter, call a meeting of the stockholders at Cairo in Alexander county by a printed notice in some newspaper of general circulation in this state.

Sect. 5. That at said meeting the stockholders of said company shall proceed to elect five directors, who shall manage, direct, and govern the affairs of said company one year from the period of said election, and until their successors, who shall be vested with the same authority are elected.

Section 6 And that at said election each stockholder shall be entitled to give one vote for each share of stock he may hold, and a majority of all votes given shall be required to make an election.

Sect. 7. That the period of election shall be annually on the first monday of the month in which the first election shall be held and if it shall so happen that any election does not take place upon the day appointed, the same may be held ^on ^ any day thereafter; the acting president giving the notice thereof, required in the first section.

Sect. 8. That immediately after the directors are chosen as above, they shall hold a meeting, as which and all subsequent meetings, a majority shall constitute a quorum; that they shall proceed to the election of a president from one of their number, a Secretary who shall be soworn by a Justice of the peace to the faithful discharge of his duty, and who shall record all the proceedings of the said corporation, under the direction of the said directors of the said president and Directors in a book to be Kept by him for that purpose; a treasurer who shall give bond to such amount and in such

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manner as the said president and directors shall direct; and ^may^ appoint such other officers and agents as to them may seem necessary.

Sect. 9. That the said president and Directors shall have power from time to time to make all such Bye laws, rules[,] and regulations, not inconsistent with the constitution and laws of this state, or of the United States, which may be necessary for the payment or collection of subscriptions to its stock & the transfer of the same, the conveyance of property, the ^payment^ & collection of dues to, or from said company, or that in any other way concern, the interests[,] management, or direction of the affairs of said company.

Sect. 10. The Corporation hereby created ^amend^ shall continue for the term of fifty ^twenty^ years .

Sect.11. This act to be in force from & after its passage & shall be taken and considered a public Act in all courts of Record & also in all courts of Justices of the peace & shall be beneficially construed. ^(over)^

Sect. 12. The powers, provisions, rights, and immunities hereby granted by this act to the “Cairo City Mills” be and the same are hereby fully to all intents and purposes conferred upon William Bellows and William Hathaway[,] Clark ^and Miles A. Gilbert^ their associates[,] successors[,] and assigns under the style and name of the “Cairo Foundry Works” and the said company^may carry on the manufacture of Iron and other metals,^ may erect mills, works[,] and buildings for manufacturing purposes and may export their manufactures. And the said William Bellows[,] & William Hathaway[,] Clark ^& Miles A. Gilbert ^ or either of them are hereby appointed commissioners to obtain subscriptions for said stock, in manner provided in the fourth section of this act, and the first ^& all subsequent ^ meetings of said stockholders at shall be held at Cairo in Alexander County.

Sect. 13. Nothing contained in this act shall confer on said corporation banking powers, or authorize it to issue notes in the similitude of of Bank notes, to be [...?] ^used^ as a circulating medium as, or in lieu of money.