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Powers of trustees

Vacancies how filled

Treasurer to

may be considered worthy, such academical or honorary degrees as are usually conferred by similar institutions.

SEC. 4. The trustees of said corporation shall have authority from time to time, to prescribe and regulate the course of studies to be pursued in the said academy, to fix the rate of tuition, and other academical expenses, to appoint instructors and such other officers and agents as may be necessary in managing the concerns of the institution, to define their duties, to fix their compensation, to displace or remove them, to erect necessary buildings, to purchase books, chemical and philosophical apparatus, and other suitable means of instruction, to make rules for the general regulation of the conduct of the students.

SEC. 5. The trustees, for the time being, in order to have perpetual succession, shall have power to fill any vacancy which may occur in the said board, from death, removal, resignation, or any other cause; a majority of the trustees for the time being shall be a quorum to do business.

SEC. 6. It shall be the duty of said trustees to appoint one be appointed treasurer to the board, who shall be required to give bond, and give bond with sufficient security in such penal sum as the board may prescribe, conditioned for the performance of such duties as the by-laws may require of him.

Institution

nominations

SEC. 7. The said institution shall be open to all denominatree to all de- tions of christians, and the profession of any particular religious faith shall not be required of those who become students: all persons, however, may be suspended, or expelled from said institution by the trustees thereof, whose habits are idle or vicious, or whose moral character is bad.

Students may be expelled

Not more

of land to be

tuity Proviso

SEC. S. The land, tenements, and hereditaments to be held than 640 acres in perpetuity by virtue of this act, by said corporation, shall held in perpe- not exceed six hundred and forty acres; Provided, however, that if any donations, grants, or devises in land shall, from time to time, be made to said corporation, over and above the said six hundred and forty acres, which may be held in perpetuity as aforesaid, the same may be received and held by said corporation for the period of three years from the date of any such donation, grant, or devise, at the end of which time, if the said land shall not have been sold by the corporation, then, and in that case, the said lands so donated, granted, or devised,, shall revert to the donor, grantor, or the heirs of the devisor of the same.

When lands

revert to do

nor

Common school to be attached to academy

draw propor

SEC. 9. There shall be attached to said academy, a department in which shall be taught, branches that are usually taught in common schools, which shall constitute the common school Trustees to of the district in which said academy may be situated, and tionate share the trustees of said academy shall receive from the school of school fund commissioner of the county, the same amount of money in the same proportion, and apply the same to such tuition in the same manner as other common schools are paid and kept; Provided, that the teachers or instructors of said depart

Proviso

ment shall be selected by the trustees, and under the control
of the by-laws of said corporation.
APPROVED, January 24th, 1843.

AN ACT for the location of an Academy in the county of Will, and for

other purposes.

In force, Feb. 24, 1843.

corporated

SEC. 1. Be it enacted by the people of the State of Illinois, repre- President and sented in the General Assembly, That Hiram Todd. George Beck- trustees of the with, Roswell Nichols, Aaron Reed, Peter Stuart, Elias Freer, Rockville aThomas Vanmeter, and their associates, be and they are hereby cademy incrcated a body politic and corporate, by the name and style of the "President and Trustees of the Rockville Academy," and by that name and style shall have perpetual succession; the said institution to be located on section thirty-one, in township thirty-two north, of range eleven east, in Will county. SEC. 2. The corporation hereby created shall have power General powto make contracts, to sue and be sued, to plead and be impleaded, to grant and receive by its corporate name, and purchase and sell property, real, personal and mixed, in all lawful ways, may have a common seal, and may make by-laws for its regulation not inconsistent with the constitution of the United States, or of this State.

SEC. 3. The stock of said company shall consist of shares

ers

of fifty dollars each, to be subscribed for in the manner that Capital stock the trustees shall direct, and which shall be deemed personal property, and shall be transferable on the books of said corporation in such manner as the board of trustees may prescribe. The capital stock shall not exceed the sum of twenty thousand dollars, and its funds, rents, and privileges shall be used only for the purposes of education as herein declared.

elected

SEC. 4. The corporate concerns of said institution shall be Board of trusmanaged by a board of trustees of not less than five, nor tees to be more than seven members, who shall be stockholders, any five of whom shall constitute a quorum to do business; they shall be elected by the stockholders on the first Monday in January, and hold their offices for the term of two years, and until their successors are elected. The said trustees shall elect one of their number president of the board, and shall have power to fill vacancies in their own body.

SEC. 5. The board of trustees shall have power to appoint Their powers instructors, officers, and agents, and to make, pass, ordain, establish and enforce all such ordinances, rules, regulations and by-laws as a majority of them shall from time to time deem necessary and expedient for the good government of said academy; its officers and agents, teachers and pupils, and for the management of the property and affairs of the said corporation, shall have power to purchase and hold real estate not exceeding six hundred and forty acres, to connect manual labor with literary instruction, and to connect with said institution a female department.

Conveyances how made

Institution 0

SEC. 6. All deeds or instruments of conveyance, shall be made by a majority of the trustees, sealed with the seal of said corporation, if any they have, signed by the president and by him acknowledged in his official capacity.

SEC. 7. The above named persons shall be deemed trustees until others are elected, and they are hereby empowered to appoint all necessary agents and officers, whose offices shall expire with their own.

SEC. 8. The said institution shall be open to all religious pen to all de- denominations, and the profession of no particular religious nominations faith shall be required either of officers or the pupils. SEC. 9. This act shall be in force from and after its passage. APPROVED, February 24th, 1843.

In force, Feb. 24, 1843.

AN ACT to relieve the Mount Vernon Academy.

SEC. 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That the school commissioner of Relating to Jefferson county be authorised and required to receive the said certain school schedule of the school taught in the Mount Vernon Academy, ferson county in the year 1840, and duly certified by the trustees and teacher

oney in Jef

thereof, and apportion thereon its distributive share of the interest of the school fund due for 1842, according to the schedules filed for distribution in January, 1843; Provided, that all schedules in said county, regularly certified for that year, and notified to the said commissioner before he actually made the apportionment of the interest of that year, shall be paid in like manner.

APPROVED, February 24th, 1843.

In force,

AN ACT to incorporate Academies and Seminaries of learning. Mar. 6, 1843. SEC. 1. Be it enacted by the people of the State of Illinois, represented in the General Assembly, That when five or more persons shall associate themselves together, for the purpose of forming Academies & an academy, or seminary of learning, in their neighborhood, and seminaries of shall acquire by gift, grant, or purchase, any lots or lands not learning exceeding one hundred and sixty acres, and shall build a house thereon for the purposes of education, it shail be lawful for them to apply to the county commissioners' court of the county in which the land so acquired may be situated, to receive the legal title to said land, and hold it in trust for them until the persons so associated shall become qualified, as a body corporate, to receive the same in the manner and mode hereinafter provided for.

May be incorporated

SEC. 2. It shall be lawful for the persons associated together for the purposes named in the first section of this act, or a majority of them, to meet at some public place in the neighborhood of the intended academy, or seminary of learning,

And receive

deeds of land

after giving ten days notice thereof, by advertisement set up at three public places in the vicinity, or by notice in some public newspaper printed in the county, and then and there Trustees eproceed to the election of not less than five, nor more than lected seven trustees, a majority of whom shall be capable of receiving a deed or deeds from the county commissioners' court in which the same may lay, for such lots or lands as may be held in trust for such association under the provisions of the first section of this act; and the clerk who may have acted as such at the election of said trustees, shall, within ten days thereafter, deposit in the recorder's office of the county where such lands or lots may lie, a certificate of the election of said trustees, which shall be immediately recorded in some book in which deeds are recorded, and the lots or lands so deeded by the county commissioners' court aforesaid, shall vest in said trustees and their successors in office, for the sole use and benefit of said academy or seminary of learning, forever, all the right and title to such lots or lands for the purposes herein named, and no other; and as soon as the clerk of such election shall deposit with the recorder of the county as aforesaid, a certificate of said election, stating therein the name of the association, and for what object formed, and the names of the trustees elected, then, and from that time, the said trustees and their successors in office shall be created and remain a body corporate and politic, and in the name and style assumed by them, shall remain in perpetual succession, with power to sue and be sued, to plead and be impleaded, to acquire, hold and convey property, real and personal, to have and to use a common seal, to alter the same at pleasure, to make and alter from time to time such by-laws as they may deem necessary for the government and regulation of such academy or seminary of learning, its officers, servants, and property; Provided, such by-laws be not inconsistent with the constitution and laws of the United States, and of this State; And provided further, that the aforesaid trustees, and their successors in office, shall have no power or authority under this law to sell or convey away any of the lots or lands deeded to them by the county commissioners' courts, but the same shall be held in trust for ever for the purposes for which said lots or lands were originally given, granted, or purchased, and for no other use or purpose whatsoever.

General pow

ers

stockholders,

SEC. 3. The persons associated under the provisions of this Persons thus act, shall be called and deemed stockholders, and from their associate: number, after the first election and organization, shall elect shall be called anaually in such manner, mode, and time, as they may fix by & shall elect by-law, not less than five, nor more than seven trustees, who trustees annushall continue in office until their successors are duly elected ally and qualified; and before entering on the duties of their office, they shall take an oath before some justice of the peace, faithfully to perform the duties enjoined on them by this act, and by the by-laws of the association to which they belong;

sonal estate

Funds how applied

and should any vacancy occur in the board of trustees before the expiration of the year, either by death or resignation, the remaining members of the board shall be authorised to fill such vacancy from among the stockholders; which appointment shall hold and continue until the ensuing annual election.

SEC. 4. The trustees, when elected and qualified, and their 'This incorpo ration may successors in office, shall be competent in law or equity to take and hold take or receive in their corporate name, and for and in behalf real and per- of the associated stockholders, any estate, real, personal, or mixed, by the gift, grant, bargain and sale, conveyance, will, demise, or bequest of any person or persons whatsoever, and the same estate, whether real, personal or mixed, to grant, bargain, sell, convey, demise, or place at interest or otherwise dispose of, for the use and benefit of the academy or seminary whose intercsts they represent. Said trustees shall faithfully apply all fur.ds collected, or the available proceeds thereof, in erecting, completing, or repairing, suitable buildings, paying suitable salaries to the necessary officers, instructors and servants, in procuring books, stationery, maps, charts, globes, and apparatus necessary to be used in an academy or seminary of learning; and in case any donation, devise, or bequest, shall be made to any institution established under the provisions of this act, and the corporation to which the same shall be made, shall accept the same, such donation, devise, or bequest, shall be applied in conformity with the express conditions of the donor or devisor.

SEC. 5. At the time of the annual election of trustees, the To appoint a stockholders in each corporation created under the provisions treasurer who of this act, shall elect a treasurer, who shall, before he enters shall give

bonds

Rights of stockholders

upon the duties of his office, give bond, with approved secu rity, to the trustees thereof, in such penal sum as they may require, for the faithful performance of the dutics of his office, and who, for good cause, may be removed by the concurrent vote of two-thirds of the trustees; and in case of his death, removal, resignation, or refusal to serve, it shall be lawful for the trustees, at any of their meetings, to appoint another treasurer in his stead, to remain in office till the expiration of the time for which his predecessor was elected.

SEC. 6. That, on the payment of such sum as the stockholders, in each corporation under the provisions of this act, may ordain by their by-laws, every free white person shall be considered a stockholder, and be entitled to one vote, and it may be lawful for each and every stockholder, for the time being, his executors, administrators, or assigns, to give, sell, devise and dispose of their respective rights or shares in such academy or seminary, and such donee or purchaser shall be First board of entitled to all the rights of the original holders.

trustees to be

SEC. 7. The first board of trustees elected under the proviscom'rs to 80-2 ions of the second section of this act, shall, and they are hereby licit subscriptions of stock appointed commissioners to solicit and receive subscriptions

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