SECTION 1 Be it enacted by the People of the State of Illinois represented in the General Assembly: That the President and trustees of the town of Springfield, in the county of Sangamon and state aforesaid, and their successors in office, or a majority of them, shall hereafter have authority in addition to the powers confered upon them by an act entitled ``An act to incorporate the inhabitants of such towns as may wish to be incorporated,'' Approved February 12th. 1831, to extend the boundaries of said town one half mile in each direction beyond it's present limits, & to open, widen, and extend the streets and alleys of the same; and to levy and collect annually a tax on all the real estate in said town as extended, not exceeding four percent per annum on the assessed value thereof, and to borrow money, provided that at no time shall the amount so borrowed exceed one hundred thousand dollars.
SEC. 2 All moneys arising from the collection of taxes, or from the loan or loans above authorized shall be appropriated by the said President and Trustees and their successors in such manner as in their opinion will best promote the interests of the said town
SEC 3. The said President and Trustees shall have power to enforce their ordinances by authorizing the collection of taxes to sell any town lot or parcel of ground within the limit of said town or so much as will pay the tax due and in arrear from the owner thereof in such manner as is now authorized under the act approved Feb. 12. 1831 aforesaid.
SEC. 4 That when any street is opened, widened, or extended, the President and Trustees shall make the person or persons injured thereby, compensation; to ascertain which they shall cause to be summoned twelve good and lawful men, freeholders and inhabitants of said town, not directly interested, who being first duly sworn for that purpose, shall enquire in to and take into consideration, as well the benefit as the injury which may accrue, and estimate and assess the damage sustained by reason thereof, and shall moreover estimate the amount which other persons will be benefited thereby, all of which shall be returned to the board under their hands and seals, and the persons so benefited and assessed shall pay the same in such manner as shall be provided, and the residue if any shall be paid into the town Treasury.