(75 ILCS 55/2) (from Ch. 81, par. 29)
Sec. 2.
If the members, subscribers or stockholders representing the
majority in amount of the stock of such association, shall vote, at such
meeting, in favor of such sale or lease upon the terms or conditions
specified in such notice, or, in case said association shall consist of
two or more departments, if a majority of the members, subscribers or
stockholders of each department shall vote at such meeting in favor of
such sale or lease so specified, then the president and secretary shall
cause a record of the proceedings of such meeting, verified by the oath
of the president thereof, together with an affidavit of the service or
publication of notice as herein required, to be filed in the office of
the clerk of the circuit court of the county where the property of such
association is situate; after which the president and secretary of the
said association shall be and are hereby authorized and empowered to
execute any and all necessary deeds, leases, bills of sale, or other
instruments in writing, to carry out the object and intent of said vote;
which, when duly executed, shall be sufficient to pass to the board of
directors of such free public library all the legal and equitable title
of said association in and to the real or personal property in said
instrument described as therein set forth.
(Source: R.S. 1874, p. 664.)