The General Assembly of North Carolina do enact:

Section 1. That N. S. Smith and those who hereafter may be associated with him be incorporated for educational purposes under the name and style of the "Stoneviile Collegiate Institute," in the town of Stoneville, Rockingham County, and as such may have all the powers of trustees of like institutions; may sue and be sued, may plead and be impleaded.

Sec. 2. That the said corporation may have a common seal, and may have power to pass all needful rules and regulations for its own government, not inconsistent with the constitution and laws of this state and the United States.

Sec. 3. That the said trustees shall have power to hold and acquire real estate, not to exceed in value the sum of five thousand dollars, and may issue certificates of stock to that amount in shares of twenty-five dollars each.

Sec. 4. That under this Act of incorporation power shall be conferred upon said Stoneville Collegiate Institute to confer degrees, issue diplomas and award certificates of proficiency.

Sec. 5. That this Act shall be in force from and after its ratification.

Ratified the 4th day of March, A.D. 1893.

Elias Carr, Governor
Rufus A. Doughton, Lt. Governor and President of the Senate
Lee S. Overman, Speaker of the House of Representatives

State of North Carolina,
Office Secretary of State,
Raleigh, June 13, 1893.

I, Octavius Coke, Secretary of State, hereby certify that the fore-
going are true copies of the original public acts and resolutions on
file in this office.

Octavius Coke,
Secretary of State.