North Carolina - Acts on Education Topics

An Act to Authorize the Trustees of the University to Raise Money by Way of Lottery.

1801 - Chapter VIII

The Laws of North Carolina of 1801 - Page 7

Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authority of the same, That from and after the passing of this Act, the Board of Trustees of the University of North Carolina, shall be, and it is hereby declared to be vested with full power and authority to raise annually, by one or more lottery or lotteries, a sum of money not exceeding two thousand pounds, by such scheme or schemes as the said Board shall and may from time to time establish.

II. And be it further enacted, That the said Board shall have, and it is hereby declared to have, full power to appoint, from time to time, Commissioners to manage such lottery or lotteries as shall be established, and to make such rules and regulations, either respecting the sale of tickets, or the payment of prizes, or for any other purpose necessary to carry into effect such scheme or schemes as may be established, as the said Board from time to time shall deem proper and necessary, any law, usage or custom to the contrary notwithstanding.

Read three times and ratified in General Assembly,
the 19th day of December, A. D., 1801
William White, Secretary

Joseph Riddick, S.S.
Stephen Cabarrus, S.H.C.

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