levied, or shall hereafter levy, any special assessment pursuant to law, in shall be lawful for such corporate authorities at any time, prior to the commencing the collection thereof, to provide by ordinance that said assessment be divided into installments not more than seven in number, the first of which installments shall be due and payable on and after confirmation thereof, and the second installment one year thereafter, and so on until all are paid. But such division shall be so made that the first installment shall include all the fractional amounts, leaving each of the remaining installments equal in amount and multiples of $100, which said assessment and installments shall bear interest from and after thirty days succeeding the date of confirmation at the same rate, and be collected in like manner as is now provided by law: Provided, that any special assessment levied for building sewers and laying water mains may in like manner be divided into not exceeding ten installments.

§ 2. That for the purpose of anticipating the collection of the second and succeeding installments provided for in the next preceding section, it shall be lawful for such corporate authorities to issue bonds payable out of said installments bearing interest at the rate of not to exceed six per centum per annum, payable annually, and signed by such officers as may by ordinance be prescribed; said bonds shall be issued in sums of $100 or some multiple thereof, but shall not be dated or issued until at least ninety days after the installment out of which they are payable begins to draw interest. Each bond shall state on its face out of which installment it is payable, and state by number or other designation, the assessment to which such installment belongs. Such bond shall not exceed in the aggregate the amount of such deferred installments, and shall be divided into as many series as there are deferred installments, and one series shall become due in one year from date, the second series in two years from date, and so on: Provided, the corporate authorities issuing such bonds may, if they deem it for the best interests of the property owners, make such bond redeemable at the option of the corporation issuing the same at the time of any annual payment of interest, on twenty days notice being given by the proper authorities in a newspaper published in the county in which the corporation issuing such bond is located, and such bonds may be in substantially the following form:

day of

of ........

A. D.

The

of.

IMPROVEMENT BOND.

for value received, promises to pay to bearer on the

the sum of

......

in

..... county, Illinois,

dollars,

.... per

with interest thereon from date hereof, at the rate of centum per annum, payable annually on presentation of the coupons hereto annexed.

Both principal and interest of this bond are payable at the office of the treasurer of said

......

of

This bond is issued to anticipate the collection of a part of the "installment of special assessment No. levied for

the purpose of ......

which said installment bears interest from the

......

day of

A. D. ....., and this bond and the interest thereon are payable solely out of said installment when collected.

day of.......

......

Dated this ...... A. D. Which said bonds may have coupons attached to represent the interest to accrue thereon. Said bonds may be sold or paid to the contractor having the contract for the improvement for which the assessment was evied, at not less than their par value, and interest accrued to time of delivery, whether sold or paid to the contractor.

§ 3. Corporate authorities, as used in this act, shall be held to include the city council of cities and the board of trustees of towns and villages, and the body authorized to enact ordinances in any city, town or village.

§ 4. Any property owner may pay his assessment wholly or in part with the bonds issued under this act on account of such assessment, and in making such payment such bonds shall be taken at their par value and interest accrued to the date of making the same. All bonds received in payment of such assessment shall be cancelled by the officer receiving the same as of the date of their receipt and deposited with the treasurer of the city, town or village issuing the same.

APPROVED June 17, 1893.

SOURCE OF WATER SUPPLY.

§ 1. Water companies supplying cities, towns and villages with water may locate its source of supply outside the limits of such cities, towns and villages, and may take and damage lands for the construction of lines of pipe and to locate reservoirs etc. Shall not interfere with other underground improvements, roads, streets or navigable streams.

§ 2. May exercise right of eminent domain. § 3. Penalties for molesting or destroying any such lines or property belonging.

AN ACT to enable any water company now or hereafter organized under the laws of this State to change or locate its source of supply beyond the limits of the city, town or village supplied, or whose inhabitants are supplied with water by such company; and for that purpose empowering such company to take or damage private property for pipe lines to such source of supply and for pumping stations, reservoirs or other appurtenances, and to construct, maintain and operate such pipe lines in and under any public or private road, highway, street or public ground, and across or under any of the waters within this State, and across or under any railroad right-of-way; and to prescribe penalties for interlering with or destroying the property or rights of such company.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That any water company now organized, or that may hereafter be organized under the laws of this state, for the purpose of supplying any city, town or village or the inhabitants thereof with water, is hereby empowered to locate its source of supply at or change its source of supply to a point beyond the limits of such city, town or village, and any such company may enter upon any lands and take and damage private property beyond said limits for the construction, maintenance and operation of a line or lines of water-pipe, to such source of supply, and also for the necessary pumping stations, reservoirs or other appurtenances; and also construct, maintain and operate beyond said limits such line or lines of water pipe across or under any railroad right of way, and in and under any public or private road, highway, street, alley or public ground, or across or under any of the waters within this State: Provided, however, that such source of supply shall not be located more than ten miles distance from the corporate limits of said city or village, and that such line or lines of water pipe shall not interfere with any railroad, sewer, gas pipes, water pipes, or other conduit already laid in or under such public or private road, highway, street, alley or public ground by public authority: And, provided, also, that such company shall, in the construction and repair of said line or lines of water pipe, restore such public or private road, highway, street, alley or public ground, to the same condition

as before, and shall not unnecessarily interfere with the public use of the navigation of said waters: Provided, further, the laying of such water pipes or other work shall be done under such reasonable regulations as the authorities of any township, town, city or village, wherein such work is done, may prescribe. § 2. When it is necessary for the construction, maintenance and operation of such line or lines of water pipes, pumping stations, reservoirs or other appurtenances, to take or damage private property, the same may be done, and the compensation therefor may be ascertained and made in the manner which may be then provided by law for the exercise of the right of eminent domain.

§ 3. Any person who shall unlawfully and intentionally molest or destroy any part or portion of said line or lines of water pipe, pumping stations, reservoirs or other appurtenances, or the material or property belonging thereto, or shall, in any manner interfere with the construction, maintenance or operation thereof, shall, on conviction thereof, be deemed guilty of a misdemeanor and be punished by a fine not exceeding $100, said fine to be recoverable in any court having jurisdiction of the offense: Provided, that prosecution under the foregoing provisions of this section shall not, in any manner, prevent a recovery by the company entitled thereto, of the amount of damages done to said property.

APPROVED June 19, 1893.

PURCHASE OR LEASE OF WATER WORKS.

lect taxes for the purchase, lease and maintenance of such water works.

§ 1. Corporate authorities of cities, towns § 2. May borrow money and levy and coland villages may purchase or lease water works owned by private parties when authorized by a majority of the legal voters at any general election.

AN ACT to enable cities, incorporated towns and villages to purchase or lease water works.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That in all cities, incorporated towns and villages where water works are now constructed or may hereafter be constructed by any person or incorporated company the city, town or village authorities in such cities, towns and villages may purchase or lease such water works from the owner or owners of the same.

Provided, however, that before said leasing or purchase shall be binding upon said city, incorporated town or village, the question of leasing or purchasing such water works (with the yearly rental, if a leasing, and with the consideration price, if a

purchase) shall be submitted to the voters of such city, incorporated town or village, at a general election; and if it appear that a majority of such voters voting upon such question at such election vote for such leasing or purchase, then the said city, incorporated town or village may conclude such leasing or purchase; but if it appear that a majority of such voters voting upon such question at such election vote against such leasing or purchase, then said city, incorporated town or village shall proceed no further with such leasing or purchase for the term of ten months next ensuing.

§ 2. Such cities, incorporated towns and villages may borrow money, and levy and collect a general tax in the same manner as other municipal taxes may be levied and collected for the purchase and maintaining or the leasing and maintaining of such water works, and appropriate money for the same.

AN ACT to amend sections 3, 15, 16 and 17 of an act entitled "An act to enable associations of persons to become a body corporate to raise funds to be loaned only among members of such associations," in force July 1, 1879, and as amended by an act approved June 17, 1887, in force July 1, 1887, and as further amended by an act approved June 19, 1891, in force July 1, 1891.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That sections 3, 15, 16 and 17 of an act entitled "An act to enable associations of persons to become a body corporate to raise funds to be loaned only among the members of such associations," in force July 1, 1879, and as amended by an act approved June 17,