The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1857-03-28

! meeting Of tie cor.ara'a.s a the IL
nOis River lmproveW.a, Company. in ,.r.
suance OF a call, was holden IT Him, -;ywn,
on the 18th day Of March. 80. and was or
gauiztd by tie aPPoiotmy". ei iianry ArDe~,
of st. Louis, as Chairman, anu =. g.. Parks
of La Sale, as Secretary.
i preamble aud resolutions were present
cd to the meeting FOR their crEs. Iteration, by
Churchill Coffin, E-q., Of Peru.
The preamble recitcd tn fact that certain
corporatorS, consisting Of Isaac Hardy, E=I
Alexander Campbell. Alex Crui--lagk. sa3
r. g. Parks, had on The 4-b Of March, So,
organized themselves into q Board oi Com
missioncrs and had opened books .rr the
subscription of stock 10 said corporation,
and that so shares Of stock was taeu and
there subscribed, amounting t. 81, 900 ;
upon which the sum OF ten per cent. was
paid in, amounting to the sum u Zoo.
The sum Of $4,000 having thus been
subscribed, and the sum Of 5 ,u'J having
been paid in upon SAID s4hsgr p::GaS, Is re
quired by the provisions Of the act OF !Hcor-
poration, Commissioners notified the stock
holders that meeting OF Che stockholders
would be holden on the 18th lay Of March.
1917, for thc purpose o. C'gCsiuI a Board o.
thirteen directors, to manage the affairs Of
y
Ing named gentlemen w,r. elected Directors.
Mgs,rs. Wm. Il Ogden, Charles Walker,
George Steel, George Barnett. Isaac Hardy.
Churchill Coffin, Sidney pu'silr. Horace
Billings, Charles Todd, james H. Lucas.
Henry Ames, Lorenzo /. SANGER, and VIM.
L. Thornton
Accompanying the preamble were tie
following resolutions:
Hcsolred, BY this Board OF Corporators.
consisting of persons named in the first sec
ton of AN act entitled an act 20 incorporate
the Illinois River Improvement Company.
That by the subscription Of the $4,000 10
the stock Of said corporation, and the pay
ment of s., 600 on said subscription, as re-
quired by the provision Of the act aforesaid,
the franchises OF the lirCi> River Improve.
ment Company, and all rights aPpcrtaiuing
thereto, did, by operation of law, rest in
said stockholders, and the Board Of Direct
ors by them elected.
1t was further
Resolgea, That said Board of Corporation
be then and there declared dissolved;
Which preamble and resolution were
then and there adopted.
A meeting of the Directors Of said COM
pany was then called, for the purpos ofelect-
ing President, &C. Hon. VIM. +. Thorn
ton was elected President Of the Board of
Directors for one year, also George Barnett.
Esq, and Churchill Cotiing, Esq, were elect
ed an Executive Committee to serve in con-
nexion with the President. The following
resolutions were adopted by the Board Of
DrecttrS:
Resolced, That the Executive Committee
have power to select suitable corps OF En-
gineers to carry out the object of the pro-
posed survey of the Illinoise river.
ResOlred, That this meeting recommend to
the Elective committee John g. Preston as
Principal Engineer; VIM. Gooding as Coun-
selling Engineer, and that the said Committee
invite the Directors in St. Louis to select
Consulting Engineer to act with those above
proposed.
ResoEgea, That the Board of Directors shall
take such measures for raising funds for
making the survey Of the river as they deem
advisable.