North Carolina - Acts on Education Topics

An Act to Incorporate the Trustees of Loretz Centenary Institute.

1846-1847 - Private Acts - Chapter CXVII

Laws of the State of North Carolina Passed in 1846-1847 - Pages 263-264.

Sec. 1. 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 Jacob Ramsour, Sen'r., Peter Rouch, Sen'r., Andrew Ramsour, Peter Harman, Samuel Lantz, Jacob Hunseckor, Nathaniel Edwards, John Coulter, John J. Shufford, Joseph A. Reinhardt, Daniel Loretz, David Hunseckor, John Carpenter, Daniel Rouch, Maxwell Warlick, Dewitt Hunseckor, Jacob Lantz, Peter Fencer, Andrew H. Shuford, George A. J. Kert, Daniel Fenger, Solomon Warlick, Jacob Ramsour, (M. W.) John Yoder, Solomon Rudisill, E. P. Coulter, John Matz, H. F. Ramsour, Daniel Ramsour, G. P. Shuford, David Crooks, and J. H. Crawford, be, and they are hereby declared a body politic and corporate, to be known and designated by the name and style of "The Trustees of the Loretz Centenary Institute;" and by that name and style shall have perpetual succession and a common seal; and that the said trustees, and their successors, or such number of them as a majority shall declare to be a quorum to transact business, shall be able and capable in law, to take, demand, receive and possess, all monies, goods and chattels, that shall be given to them for the use of said institute, and apply the same according to the will of the donors, and by gift, purchase or devise, to take, have possess and retain to them and their successors, forever, any land, tenements, rents, hereditaments ot whatsoever kind, nature or quality, in special trust and confidence, that the same or the profits thereof, shall be applied to the use of said institute.

Sec. 2. And be it further enacted, That the said trustees or their successors, or such number of them as a majority of them shall declare, to be a quorum to transact business, shall be able and capable in law, to bargain, sell, grant, demise, alien, convey and assure to the purchaser or purchasers, any such lands, rents, tenements and hereditaments, aforesaid; and further, that they, the said trustees, or the number of them aforesaid, shall be able and capable in law, to sue and be sued, plead and be impleaded in all courts whatsoever, either in law or equity, of record or otherwise.

Sec. 3. And be it further enacted, That on the death, resignation, refusal to act, or removal out of the State, of any of the trustees, the remaining trustees, or a majority of them, are hereby authorized and required to elect and appoint other trustees in the place of every one, who shall so die, resign, refuse to act, or remove out of the State, which trustees so appointed, shall be vested with the same power, trust and authority, as the one in whose stead he shall be appointed would have had, in case he had have lived and continued to act.

Sec. 4. And be it further enacted, That the trustees, or a sufficient number of them to constitute a quorum, shall have power and authority to appoint a president, secretary, and treasurer, and to employ such teachers and instructors, and to adopt such plans for the dissemination of useful knowledoje, as to them may seem necessary and proper; that they shall have further power of making such by-laws and regulations, for the order and government of said Institute, as to them may appear expedient; Provided, that the same be not inconsistent with the Constitution and laws of this State or of the United States.

Sec. 5. And be it further enacted, That this Act shall take effect and be in force from and after its ratification.

Ratified 12th 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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