North Carolina - Acts on Education Topics

An Act to Incorporate the Trustees of the Dan River Institute, in the Town of Yancyville [Yanceyville].

1846-1847 - Private Acts - Chapter CIX

Laws of the State of North Carolina Passed in 1846-1847 - Pages 256-257.

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 James Mebane, George Williamson, Thomas D. Johnston, Littleton A. Gwyn, Nicholas M. Lewis, N. H. Harding, Mitchell Currie, Nathaniel M. Roan, Robert B. Watt, and John H. Richard, and their successors, duly elected and appointed as hereinafter directed, be, and they are hereby declared, made and constituted a corporation and body politic and corporate, in law and in fact, to have continuance tor ninety years; and have and use a common seal, by the name, style and title of the "Trustees of the Dan River Institute," to be located in the town of Yancyville [Yanceyville], Caswell County; and by the name, style and title aforesaid, shall for ninety years heareafter, be persons able and capable in law, to sue and be sued, plead and be impleaded, in all courts, either of law or equity; and shall take, demand, receive and possess all monies, goods and chattels and choses in action which may be given to them, for the use of the said "Dan River Institute;" and the same apply according to the will of the donors, when expressed; and without such declaration, according to their own judgment; and by purchase, gift, grant, or devise, to take, hold and possess, to them and their successors, during the existence of this Charter, any lands, tenements and hereditaments of what kind, nature or quality soever, in special trust and confidence, the same, with the profits thereof, to apply to the use and purpose of endowing and supporting the said "Dan River Institute;" and may purchase and hold, tor the purpose aforesaid, all such chattels and personal property, lands, tenements, and hereditaments, as to them shall seem requisite.

Sec. 2. Be it further enacted, by the authority aforesaid, That the said corporation shall not at any time consist of more than fifteen persons, and they shall have power, at their first meeting to prescribe the manner in which vacancies occasioned by death, resignation or otherwise shall be filled; and also to prescribe the qualifications of persons to be elected as Trustees, any five of whom may constitute a quorum.

Sec. 3. Be it further enacted, by the authority aforesaid, That the trustees shall have power, from time to time, to appoint their own president, secretary and treasurer, and such professors, tutors, and other officers, in and over the said institution, as to them shall appear proper, and remove the same for misbehavior, inability or neglect of duty; and they shall have power to make all such by-laws and regulations, not inconsistent with the Constitution and laws of this State, for the government of the same.

Ratified 8th of January, 1847.

William Alexander Graham, Governor
Edward Stanly, Speaker of the House of Commons
Andrew Joyner, Speaker of the Senate

Secretary of State's Office, April 1847

I, William Hill, Secretary of State in and for the State of North Carolina,
do hereby certify that the Acts and Resolutions contained in this Pamphlet
are true copies of the original Acts and Resolutions passed by the General
Assembly of this State, at its late session.

William Hill, Secretary of State

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