North Carolina - Acts on Education Topics

Resolution for the Loan of Money by the Literary Board to the Clinton Female Institute, in Sampson County, and for Other Purposes.

1854-1855 Private Laws: Resolutions of a Private Nature

Private Laws of the State of North Carolina Passed in 1854-55 - Pages 452-453.

1. Resolved, That the Literary Board be authorized and required to loan to Clinton Female Institute, in the county of Sampson, out of any moneys belonging to said board not otherwise appropriated, the sum of three thousand dollars, on condition that said institute give good personal security for the payment of the interest, to be paid semi-annually, and the principal at the end of five years from the date of the note.

2. Be it further resolved, That the President and Directors of the Literary Fund, be directed to loan to the trustees of the Wesleyan Female College, in the town of Murfreesboro', in the county of Hertford, the sum of four thousand five hundred dollars, upon the condition that the trustees aforesaid, shall execute a bond with good and sufficient security to the same, for the payment of the principal and the interest semi-annually, and [on] the first of January and July in each and every year: Provided, That at the time of making application for the said sum by the said trustees there be that amount belonging to the Literary Fund, not otherwise appropriated.

3. Be it further resolved, That the President and Directors of the Literary Fund be directed to loan to the Chowan Female Institute the sum of four thousand five hundred dollars upon the same conditions and under the like restrictions as is [are] above prescribed in the loan to Wesleyan Female College.

Ratified the 14th day of February, 1855.

Thomas Bragg, Jr., Governor
Samuel P. Hill, Speaker of the House of Commons
Warren H. Winslow Speaker of the Senate

North Carolina
Office of Secretary of State, April, 1855.

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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