, 1866-01-15

Articles Of the Building Company.

For eone time past pressing want has existed In
tblt city for public hall At present there ls but
one ha]l IN Chicago, In which lecture con1a be
gisrn, and this one by the frtt OF. Apsl next VIII
hayc parsed away, 10 become transformed .nto i
The Young Men'e A.toeia1ion has long deter
mined 10 errc building for library and ohc- ptr.
posses sDd The Pin contains provoa. for
The articles Of 4 ssoeiation Of the Building Com
pany are Dow pnblished, and subscription books
1tc open al The Office Of Geo. n. Ktnbark, Esq,
Water street, Ar. Hmtalk will furnish al tnfor-
mnuon to those de;rous Of subscribing to the csol-
I'll stocf Of the Company. In the meantime the
CITY VII be canvassed BY Committee appointed
The PROJECT Il one worthy the serious considers
uon Of cur city capitalists, both a. ards the
to tue light OF profitable and sr1e Investment.
The articles Of association provide that the s1b-
rzptions ahall conei:t Of not less than ,0o nor
more than &x,00l. and shall not be binding until
i've hundred sharet kh1ll have been eubec1ibcd
A. room - dye hundred sharet shall have been
s1bsc1ioed. meeting Of the Subscribers stnli be
caled, when mne trustees. who must be enhecrtb-
rrr. shall be chosen by ballot. Each truztoe shall
hold hir once for lite, nnles be resign Or be absent
lnnedia.ely ailr its election shal perfect III own
own officers.
purchase = euitable trac, Of ground, md cante the
erection Of building, the total cost ot which, in
elusive Of the ground, must not exceed $t00DU.
70 ;S rs 10 .ns n f ~ wv rec
rotation. md nhai be devoted thereto. 30 far as
the Trustees shall deem necessary for ita prospet-
The Ttrftees alto ph1ll hold ali properly Of the
Building Company, and shall baEr fan and exclns.
I've power and authority to manage, control and en-
Gey y .ea ss s, q
tro-tbisuE vote OF nil associates. Upon the COM
pletion os !he building. and payment Of expenses,
aiieI providing 'nF 1 p O ne ~ ysa1 my
the shareholders.
II af,cr The payment Of al taxes. insurance and
other e1reusee and ten per cent dividend on each
sharn my surplus remain, than be paid ln!o the
treasury oF The Y. n: r., 10 be incorporated into
sinking Fund for the purchase by than Of the
shar.e hereby subscribed Tor.
The 1ounE Mfn's Association Of the CITY Of
Chicago" previously to any occupation Of the
building which mzy te erected. shall enter Into 4
stipulation and agreement with the Board OF IFnf-
ter. 10 depoeis and continue their Library therein.
and 10 use the building for The purposea mentioned
In this instrument. And, also. th4t there shall be
appropriated annually 10 the tucrase Of their lhsn
thelr net income, aifcr dei1r1ng the neceseary H-
pcnsee OF the said Association. not otherwise ap-
propEiated By the bylaws Of ra.d Association,
in force Al the time Of entering into said stipulation
The T. NJ A viii be entitled to ,hc sane rights,
as the individual subscriber, and may at any time
the shares hereby subscribed, or any pro n4a pro
portion thereof, not lce. IN value than {t00o6 at
their laf valuation. fohce Of such ability must
he rven by the President TO he Beard Of Trustees.
who shall cause notice Of the sxue 10 be publish
ed IN ono or more Of the city papers for one week
Hat any time the +. N. 4. ehAll be found to have
Ntlfllly violated any OF the snpulations to htch
It has agreed Or II II shall hare ceased to exist
The Board Of TtnEtees shall convene a meeting OF
the shareholders, VINO BY 4 two thirds vote In
shhses of al the shareholders whether present OF
ahfenf. may determine 10 resume the occupancy Of
TIC building, and the +. n. 4. ehal be compelled
10 give rp inc premises; provided that vote by
proxy shall he recftred at kuch meeting.
r The Young Mems Association having tniied In
Tie cfort to forward the Lincoln Institute enter
pyitc, this echee IL not 70 be construed II AMIGO
nstca thereto, but In aid thereof xnd 1t Is hereby
understood that the building to be erected under
this agreement, and the land upon which the sare
1nsy be erected shall be considered psrt OF &he
Dr0pesty OF The Lincoln Institute whenever 4 mi.
orty IL interest Of the subscribers hereto eha vote
for ench uansfes.
Poc6Er P1cKmo.-On Friday afternoon, drover
named Jeremiah Thomas, hailtnR from Douglas
county, IN th,s STATE, WIZ ret upon BY toob' ol
pickpocket. nj the Michigan Southern depot, and
beiofc he could release himself from thelr grasp
wat relieved Of The fum Of 81 900 which he carried
On he ZANE evening Mss; A. 9: Damon "a e.
ar. Before taking seat ~ the caF Afs Damon
elbow. but paid no Pss,cn1az aHsa1loa 70 hin. II