North Carolina - Acts on Education Topics

An Act to Incorporate the Huntersville High School in the Town of Huntersville, Mecklenburg County, North Carolina.

1885 Private Laws: Chapter 117

Private Laws of the State of North Carolina Passed in 1885 - Pages 1041-1044.

The General Assembly of North Carolina do enact:

Section 1. That J. S. Sossaman, R. H. W. Barker, J. I. Blakely, J. W. Mullen, S. B. Holbrooks, J. Mc. Holbrooks, J. B. Nicholson, R. B. Hunter, A. .J. Hunter, D. B. Carver, W. E. Alexander, J. M. Segraves, I. I. Ranson, W. I. Ranson, J. R. Hunter, J. H. Hunter, B. D. Brown, J. A. Pope, S. C. Hunter, R. M. Ranson, Rev. W. W. Orr, Jno. M. Gibbs, Dr. H. J. Walker, A. Darby, W. A. Chester and all other persons who may be associated with them, and their successors, for the purpose of advancing the cause of education among the white race, are hereby constituted a body corporate and politic by the name, style and title of the "Huntersville High School."

Sec. 2. That said corporation shall have power to make a constitution and such rules, by-laws and regulations as its members may deem proper to carry out the purpose of its incorporation, to sue and be sued, to plead and be impleaded in any court of law or equity in this State, to contract and be contracted with, to purchase, hold and convey in their corporate capacity, property, real and personal, and shall have power to enjoy all and every right and privilege incidental and belonging to corporate bodies according to the laws of this State.

Sec. 3. The officers of this corporation shall consist of a president, vice-president, secretary and treasurer, to be elected annually by the stockholders of said corporation, (the first election to be held on the second Friday of March, one thousand eight hundred and eighty-five,) who shall hold their office until the third Wednesday of July, one thousand eight hundred and eighty-five, when their successors shall be elected in the manner as hereinafter provided.

Sec. 4. The said corporation shall have a seal, and the officers herein provided for shall have full power to represent
the Huntersville High School in all things whatsoever, subject to any rules or regulations the stockholders may make for their government.

Sec. 5. The stockholders of said corporation shall elect nine trustees in the following manner: three for a term of three years, three for a term of two years, three for a term of one year (the first election to be held on the first Monday of June, one thousand eight hundred and eighty-five), and at the expiration of their respective terms their successors shall be elected each for a term of three years by the stockholders at their annual meeting.

Sec. 6. In the election of officers and trustees above provided for, and in all matters of business, every person owning one hundred dollars of stock or one-half that amount in said Huntersville High School, shall be entitled to one vote or one-half vote as the case may be, and the officers of the said Huntersville High School are hereby authorized to issue certificates of stock to all persons owning as much as one hundred dollars or half that amount of stock therein. The certificates shall be signed by the president and secretary.

Sec. 7. There shall be an annual meeting of all the stockholders of this Huntersville High School who may own as much as one share or one-half share of stock therein at the close of each scholastic year, and at such other times as a majority of the stockholders may appoint, at which meeting or meetings all regulations that may be deemed necessary for the welfare of said Huntersville High School shall be made and adopted.

Sec. 8. A majority of the stockholders shall constitute a quorum for the transaction of business after due notice.

Sec. 9. It shall be the duty of the trustees elected by this company to hold annual meetings, or as often as they may deem necessary, to elect teachers, fix and guarantee their respective salaries, determine the rates of tuition, and when due, and to attend to all other matters delegated to them by the stockholders.

Sec. 10. It shall further be the duty of the trustees to make whatever laws and by-laws that may be necessary for their own government not inconsistent with the laws of this company, and to make a faithful report of all their transactions to the company at its annual meetings.

Sec. 11. That said company shall have the right to open books for the purpose of receiving donations to said Huntersville High School, and every person donating any amount to the same, or promising to donate any amount to said Huntersville High School, upon payment of the amount so promised to the treasurer of said company, it shall be the duty of said treasurer to issue to such person or persons a simple receipt under his hand and seal of said corporation, setting forth the amount so donated.

Sec. 12. Should the aforesaid stockholders at any time conclude that the purposes and objects for which stock was subscribed or donations made have failed, then it shall be the duty of said stockholders, after advertising the same for thirty days in a newspaper published in the State, to sell the aforesaid school property on such terms as they may think right and just and for the best interest of all parties concerned, and after paying all debts and charges against them as stockholders of said Huntersville High School, if any, divide and distribute the remainder of the fund arising from said sale among the stockholders and donors, or their legal representatives equally in proportion to the amount invested in or donated to said Huntersville High School, retaining all costs and expenses of sale, and when such conclusion as aforesaid shall have been reached by said stockholders and published and declared, then this corporation shall be deemed to be abrogated and annulled to all intents and purposes in the law.

Sec. 13. That the individual property of the aforesaid stockholders shall not be liable for the debts of said corporation.

Sec. 14. That under this Act of incorporation power shall be conferred upon said Huntersville High School to grant diplomas or issue such other certificates of merit as the corps of teachers shall deem advisable.

Sec. 15. That it shall be unlawful for any person or persons to sell or in any manner give away any intoxicating liquors, or either directly or indirectly to receive any compensation for the same within two miles of Huntersville High School building.

Sec. 16. That this Act shall be in force from and after its ratification.

In the General Assembly read three times, and ratified this the 11th day of March, A.D. 1885.

Alfred M. Scales, Governor
Charles M. Stedman, Lt. Governor and President of the Senate
Thomas M. Holt, Speaker of the House of Representatives

State of North Carolina,
Office of Secretary of State,
Raleigh, May 18th, 1885.

I, William L. Saunders, Secretary of State, hereby certify
that the foregoing (manuscript) are true copies of the
original acts and resolutions on file in this office.

William L. Saunders,
Secretary of State.

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