North Carolina - Acts on Education Topics

An Act to Incorporate the Piedmont Literary and Industrial College, at Salisbury, North Carolina.

1889 Private Laws: Chapter 226

Private Laws of the State of North Carolina Passed in 1889 - Pages 932-933.

The General Assembly of North Carolina do enact:

Section 1. That James O'Hara, Paul N. Heilig, Peter A. Frercks, W. L. Kluttz, I. H. Foust, John Whitehead, Theo. F. Kluttz, and their successors and associates, are hereby incorporated and declared to be a body politic by the corporate name and style of "Trustees of Piedmont Literary and Industrial College," and by that name they shall have perpetual succession and a common seal, may sue and be sued, and may purchase, take, receive and hold any real or personal property whatever, and may sell, transfer, lease, mortgage and convey any such property; but nothing in this section shall authorize said trustees to use or dispose of any property given, bequeathed or devised to them contrary to the conditions annexed to such gift, bequest, devise or conveyance. The trustees mentioned in this section shall hold their offices until their successors shall be elected and qualified, as may be prescribed by the by-laws of the corporation.

Sec. 2. The "Trustees of Piedmont Literary and Industrial College" are authorized to make a constitution and laws for the government of said college and for the preservation of order and good morals therein, not inconsistent with the laws of this State or of the United States, and shall have the exclusive right to elect a president of said college and such professors, tutors and officers as they shall think proper.

Sec. 3. The president and professors of said college shall constitute the faculty thereof, and, with the advice and consent of the trustees, shall have the power of conferring such degrees and marks of literary distinction as are usually conferred in colleges and universities.

Sec. 4. The trustees shall elect one of their number as president of the board of trustees, and they may appoint a treasurer, secretary and such other officers and servants as may be deemed expedient, and may provide for the election, duties, compensation and terms of any and all such officers, agents or servants; and they shall likewise appoint and provide for the regulation, compensation and control of the faculty. Five trustees shall be a quorum for the transaction of business.

Sec. 5. The real property of said corporation shall not exceed in value the sum of three hundred thousand dollars, and the personal property thereof shall not exceed in value the sum of five hundred thousand dollars.

Sec. 6. The real property owner [owned] by said corporation, not exceeding five hundred acres of land, including the college buildings, shall be exempt from taxation, and the personal property thereof, not exceeding five hundred thousand dollars in value, shall be exempt from taxation.

Sec. 7. The trustees shall be authorized to change the name of said college and the title and name of the body politic hereby created, and in case of such change of name, the new body politic and corporate shall succeed to all the rights, powers, property and privileges and advantages conferred by this Act upon the trustees.

Sec. 8. The number, manner of electing and terms of office of the trustees shall be regulated by the constitution and by-laws of the corporation.

Sec. 9. This Act shall be in force from and after its ratification.

Ratified the 11th day of March, A.D. 1889.

Daniel G. Fowle, Governor
Thomas M. Holt, Lt. Governor and President of the Senate
Augustus Leazar, Speaker of the House of Representatives

State of North Carolina,
Office Secretary of State,
Raleigh, June 6, 1889.

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

William L. Saunders,
Secretary of State.



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