North Carolina - Acts on Education Topics

An Act to Incorporate the Antioch Academy, in the County of Robeson.

1848-1849 - Private Acts - Chapter CX

Laws of the State of North Carolina Passed in 1848-1849 - Pages 251-252.

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 H. McLean, Hector Bethune, John Gilchrist, Malcolm McBryde, Daniel B, Smith, Arch'd Campbell, A. H. Curry, Malcolm McPhaul, be, aud they are hereby declared, made, and constituted a corporation and body politic and corporate, in law and in fact, to have continuance for ninety years, and have and use a common seal, by the name, style and title of the "Trustees of Antioch Academy," to be located in the county of Robeson, and for the time aforesaid have continued succession, and be persons able and capable in law to sue and be sued, plead aud be impleaded, in all courts either of law or equity; and shall have power to receive donations and subscriptions for the use of said institution, not exceeding in value five thousand dollars.

Sec. 2. Be it further enacted, That the said trustees and their successors in office, shall have power to elect a President from among their number, who shall hold office for the space of one year or until his successor has been elected; and they shall furthermore have power to buy a site for said academy, not exceeding one hundred acres of land in said county, and erect thereon all suitable buildings; appoint teachers; make rules, regulations and by-laws not inconsistent with the constitution and laws; and to do all else requisite to the successful operation of said Academy.

Sec. 3. That for the purpose of endowing said academy, the said trustees shall open books in said county for the subscription of stock, on ten days previous notice, at any time during the year 1849, and shall keep the same open not less than thirty days; that they shall receive stock in shares of five dollars, one half to be paid at the time of subscription, and the other half on the first of June, 1850, to an amount not exceeding five thousand, nor less than two thousand dollars; and they shall pass certificates of stock to said subscribers, and have power to recover, by warrant or otherwise, any balance of money due from said subscribers; and when two thousand [$] shall have been subscribed, said trustees shall call together the subscribers for the purpose of organization.

Sec. 4. Be it further enacted, That said subscribers shall be called the "Patrons of Antioch Academy," shall meet once each year, on 1st Saturday in July, shall then elect trustees to supply the places of those acting for the previous year, and fill all vacancies; shall vote in person or by proxy, each share under ten giving one vote, and every five shares when above ten giving one vote; shall visit, examine and inspect the condition of the academy, and the moral and intellectual culture of the youth; shall keep a minute of their proceedings, and receive the report of the trustees.

Sec. 5. Be it further enacted, That said trustees shall never exceed twelve in number; shall manage the affairs of the academy, and make annual reports and settlements with the Patrons aforesaid; shall pay over all surplus monies to said Patrons in proportion to their several subscriptions, and may receive such compensation as the Patrons, at a general meeting, may allow them, and at all times be subject to account with the said Patrons; and shall take, in their corporate name, the lands which may be purchased for the use of the Academy; and may appoint all needful officers in addition to their President.

Sec. 6. This Act shall be in force from and after its ratification.

Ratified 27th day of January, 1849.

Charles Manly, Governor
Robert B. Gilliam, Speaker of the House of Commons
Calvin Graves, Speaker of the Senate

Office of the Secretary of State, April 1849.

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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