§ 11. Nothing in this act contained shall abridge any of the rights, duties or powers which the sheriff now has, or the right which persons now have to guard and protect their property. APPROVED June 16, 1887.

MORTGAGES.

CHATTEL, EXTENSION OF TIME.

§ 1. Amends Section 4, act of 1874, by providing that chattel mortgages may be extended two years upon affidavit; amends section 5, by making such affidavits when duly certified evidence.

AN ACT to amend sections four (4) and five (5) of an act entitled "An act to revise the law in relation to mortgages of real and personal property," approved March 26, 1874, in force July 1, 1874.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That sections four (4) and five (5) of an act entitled "An act to revise the law in relation to mortgages of real and personal property," approved March 26, 1874, in force July 1, 1874, be and the same is hereby amended to read as follows:

"Section 4. Such mortgage, trust deed or other conveyance of personal property, acknowledged as provided in this act, shall be admitted to record by the recorder of the county in which the mortgagor shall reside at the time when the instrument is executed and recorded; or in case the mortgagor is not a resident of this State, then in the town where the property is situated and kept, and shall thereupon, if bona fide, be good and valid from the time it is filed for record until the maturity of the entire debt or obligation: Provided such time shall not exceed two years, unless within thirty days next preceding the maturity of the note or obligation for which such instrument or mortgage is given to secure, the mortgagor and mortgagee, his or their agent or attorney, shall file, for record, an affidavit, setting forth particularly the interest which the mortgagee has by virtue of such mortgage in the property therein mentioned, and if such mortgage is for the payment of money, the amount remaining due and unpaid therein, and the time for which the said mortgage is extended, which said extension shall not exceed a further term of two years, upon which affidavit the clerk shall indorse the time when the same was filed, and the said mortgagee shall also within the said preceding thirty days file a certified copy of said affidavits with the justice of the peace before whom said mortgage was acknowledged or his successor in office, and thereupon the mortgage lien originally acquired shall be continued and extended for and during the term of such extension.

"Section 5. A copy of any such mortgage or other instrument acknowledged, filed and recorded as aforesaid, including any affidavits annexed thereto in pursuance of this chapter, certified by the proper recorder, from the records thereof, and also any copies of such affidavits filed with the justice of the peace before whom such mortgage or other instrument was acknowledged or his successor in office, in persuance of this chapter, may be read in evidence in like cases, and upon the same conditions as copies of deeds and conveyances of lands so certified."

APPROVED June 16, 1887.

OILS.

INSPECTION.

§ 1. Amends section 1, act of 1874, by authorizing the county judge to appoint inspectors for townships, outside of incorporated cities, towns and villages. Amends section 2, by requiring inspectors to give bond.

AN ACT to amend section one (1) and section two (2) of an act entitled "An act to revise the law in relation to oil inspection," approved March 12, 1874, in force July 1, 1874.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That sections one (1) and two (2) of an act entitled "An act to revise the law in relation to oil inspection," approved March 12, 1874, in force July 1, 1874, be and the same are amended so as to read as follows:

"Section 1. The judge of the county court of any county for townships outside of incorporated cities, towns and villages, the mayor of any city, with the approval of the city council, and the board of trustees of any village or town may, and on the petition of any five inhabitants thereof shall, appoint one or more inspectors for the inspection of coal oil, naptha, gasoline, benzine and other mineral oils or fluids, the product of petroleum, and fix their compensation, to be paid by the party requiring their services. Every such inspector shall hold his office for one year and until his successor is appointed and qualified, unless sooner removed from office. He may appoint deputies, for whom he shall be responsible, and who shall take the same oath and be liable to the same penalties as the inspector."

"Section 2. Every such inspector before entering upon the duties of his office shall take and subscribe the following oath:

I do solemnly swear (or affirm as the case may be), that I will support the constitution of the United States, and the constitution of the State of Illinois, and that I will faithfully discharge the duties of the office of oil inspector according to the best of my ability.

He shall also execute a bond payable to the People of the State, in such sum as shall be required by the county judge, city council or board of trustees, with one or more sureties to be approved by the county judge, mayor, or president of the board of trustees, conditioned for the faithful discharge of the duties of his office. Any person aggrieved by the misconduct or neglect of such inspector may maintain thereon for his own use.'

APPROVED June 17, 1887.

PARKS.

BONDS TO PAY INDEBTEDNESS.

§ 1. Town authorities may issue bonds; § 3. Issue to cancel existing indebtedness; limit of amount.

§ 2. Issue; denomination; rate of interest;

annual payment of portion of prin-
cipal.

sale of.

§ 4, Annual tax for payment of interest and principal.

AN ACT to authorize the corporate authorities of towns having an indebtedness heretofore created to pay the cost of procuring lands for public parks in such towns, to issue and sell bonds to pay and refund such indebtedness.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That in any town which is now included within the limits of any city of this State in which a board of park commissioners shall now exist, having authority by law to acquire land and the appurtenances in trust for the inhabitants of such town, and of a division or part of such city, and for such parties or persons as may succeed to the rights of such inhabitants, and for the public as a public promenade and pleasure grounds and ways, but not for any other purpose without the consent of a majority, by frontage, of the owners of the property fronting the same, and without the power to sell, alienate, mortgage or incumber the same, in which town there shall exist at the time of the passage of this act an indebtedness incurred for the purpose of paying the portion found payable by the public of the cost of the land acquired for such parks and boulevards, pleasure grounds and ways, the corporate authorities of such town, meaning the town supervisor, clerk and assessor thereof, shall have authority and are hereby empowered to issue bonds for and on behalf of said town, to an amount not exceeding in the aggregate of principal six hundred thousand dollars ($600,000), which, taken with and including existing indebtedness of said town, shall not in the aggregate exceed five per centum of the value of the taxable property therein, to be ascertained by the last assessment for State and county taxes previous to the issue from time to time of said bonds, for the purpose of funding and paying any bonds heretofore issued and sold by such

park commissioners to raise money to pay the portion found payable by the public of the cost of procuring the lands selected by such park commissioners for public parks and boulevards in such town.

§ 2. Such bonds shall be issued by the corporate authorities of such towns as aforesaid and shall be signed by the said corporate authorities in the name of said town. Said bonds may be of the denomination of twenty-five dollars ($25), and any multiple thereof. They shall bear interest at the rate of not exceeding five (5) per cent. per annum, to be paid semi-annually and to be evidenced by coupons thereto attached, and the principal shall be payable at such time as such corporate authorities may determine, not exceeding twenty years from the date of their issue. They shall be numbered in regular series and shall be registered upon the records of said town, which registry shall show the number of the bonds, the amount of the same, when and to whom payable, and the rate of interest which they bear. Said bonds may be made payable to bearer, or to such person or persons as may be named therein, or order. When payable to bearer, they shall pass by delivery, but provisions shall be made for the second registry of the same in the office of said town, at the option of the holder, and in his name; after which second registry they, together with bonds made payable to any particular person or persons, shall pass only by indorsement and delivery. It is further provided, that upon the expiration of one year after the date of any bonds issued under authority of this act, and upon the expiration of each successive year thereafter, the said corporate authorities shall, at the office of the town clerk, select by lot so many of said bonds as may be required to absorb the money raised by taxation to pay and discharge the principal of said bonds, and the principal of the bonds so selected shall become due and payable at the date of the next installment of interest maturing on the several bonds so selected from time to time shall cease to bear interest after they severally become due and payable by such selection; said corporate authorities, immediately after making any such selection, shall make and sign in duplicate a statement of the result thereof, and shall file one copy thereof in the office of the town clerk and the other copy shall be filed in the office of the county clerk of the county; and it is hereby made the duty of such corporate authorities of such town to pay and discharge the principal of the bonds so selected, at the date of the next installment of interest maturing on the several bonds so selected, from the funds raised from time to time for that purpose under this act. Each bond issued under authority hereby granted, shall contain a condition that the same may be declared due and payable at any time before maturity thereof, by selection in the manner last aforesaid.

§ 3. Bonds issued under this act may be issued in substitution for the indebtedness designated in this act legally existing at the time of its passage, and may be sold by said corporate authorities for such prices as they shall deem expedient. They shall not, however, be sold at less than par, nor until the proceeds of the same can be made available for the purpose of canceling such existing

indebtedness, and the proceeds of bonds sold shall be used only for the payment of such existing indebtedness. Any person who shall knowingly violate or connive at the violation of any of the provisions of this act, shall be deemed guilty of embezzlement, and shall be liable to indictment, trial and punishment, as in other cases of embezzlement.

§ 4. For the purpose of providing for the payment of the interest on such bonds as it falls due, and also to pay and discharge the principal thereof at the maturity of the same, said town is, and its corporate authorities are, hereby authorized, required and directed to appropriate and levy an annual tax upon the taxable property in such town, sufficient to pay the interest on said bonds, as the same shall mature from time to time, and also pay and discharge the principal thereof at maturity.

APPROVED June 14, 1887.

COMMISSIONERS MAY SELL LAND.

§ 1. Park commissioners may sell land not needed for park purposes, upon the order of court.

AN ACT to enable park commissioners to sell land no longer needed for park purposes.

SECTION 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly: That any board of park commissioners having the control or supervision of any public park, boulevard, driveway or highway, and having any piece or parcel of land not exceeding one acre in area which shall no longer be needed or deemed necessary or useful for the purpose of said park, boulevard, driveway or highway, may apply to the circuit court of the county in which such piece or parcel of land is situated, by petition in writing, for leave to sell the same. Notice of such application shall be given by said board of park commissioners in some newspaper published in said county at least ten days before the day named therein when said application will be made. All persons interested may appear before said circuit court either in person or by attorney, when said application shall be made, and object to the granting thereof. After hearing all persons interested, if said court shall deem the granting of said application to be for the public interest, it shall direct that the property mentioned in said application, or any part thereof, be sold and conveyed by the said board of park commissioners for the use of said park, boulevard, driveway or highway, upon such terms and conditions as the said court may think proper.

APPROVED June 16, 1887.