The Arkansas banner., 1848-05-02
ksfNn OF Establishment
 OF THE LITTLE ROCK HIGH SCHOOL.

SEc !. The ohjeet of tbese who beeone .ssbsurrf bers to this plAa s estabissh and r,s,i.r psrsna nsnt in the City of Lutls Rock HIGH sCHoOL FOR BOTH SEXES, for ths highsS bsaaehes si Edaea'ion. upon such q hafs as may ensure us prosperity anu 1ssfalasss.
 Sac. ,. |, is inisha~d thAs uFima Riy. und as spaedily may be psaeibeahle. tse bssnehea oi education taught ip the male scheel shsti be the AncieBt ard Ae5eFn iaag Ns Ees, ths Mathematics theorctesl and PFacihrai ChcmistTy. Nssassi PhTso ssphy, Ge~Asgy, and sUes other stodies. peepaFa- to to q rsilegiaae ecatse. are neeesSary stEhs sSs Ghs pref-~s'oBal ss FEactb,sl aad ia the insle s~hol. sDch LAng aaSeS srhs~es anDi ecssH- Plshmeass ~ai IssAks tie PaPis aAieixrs; ssi aeesstsy'l ssbrsl wosDen.
 Sac 3 For she purpose of creaii.sg inc pevmamsn nl faBd ef tbe scis,,l, the sabscrtbFs bccene stock hokieFs to the nvn4bos ol shares aE th nans ot each; awI sssvh etlseF PersoRr desse nsay ia
 like hereafter bceotDe sHsseFhers and stock holders. i0cufriag the Sawse ehb bgsaons; uhek ars that the >ubsci pttoa for each snse ct stUsk biBs Iha sHlse jber io pay SoF each such saase, tD the TrcasureI of the rrsstecs, 435 es snnuus, n esF- rent money of the ue'trd stscS. yayseae 9v~riesIy on the fist Menstsy ef JAh~ssy, Afri, Jwly and Oc obeT iR each year which Ohgat'sn shasl ba psF- nal or unl some other p<rson takes the plsee u sseh subscriber sid sssum' hls obihsathas. Ard tho first sRch quarterly IAysaest shali be dWe, pay able and ps'd on the first Monday sf April eext- SEc. 1. As soon slsars of steek subscribed for, the subscribers sfa meet and elect freas their naBsheF Board of ETRNtres tO con-ist of President and six TFasfees The Rsasd of Trustees so eiected shalt rrmaia in cf6ee nniii the hrst Monday of Apti 1851. when a Boara shall be eis ce to serve three yeaTs and such siee tons shall be held every thiTd year tlsernafter At all elections each ssockhotief shall have voes for each share of stock taken by him: may vote in PcrSnn or by proxy aa hoised lR writing and shall in no he allowed ts vote. if in any way in ar rears 10 the fund. The President of the Board oi Trustees shat hod all elections, which shall all be by ballot, and he shall determine who elected
 sEc. s The Bcari of Trustees stall have a yisi, tseHd power the sch ol, shall employ at cs0e,ss in their number. and hH the office ot Pfesiict, if vacant, ei'her p, ra,aaeRty or tempo raiIiv, as may b. proper.
 SEc 6 The fund raised shall ha applied as foi- lows Fr.i, to The parchase ef proper ot of rroans in Little Rock, ier inc erection of the school house. second, to the eetion of the buildiag. and khst- ing and fitting t for the to which it is ts be applied Third, 10 employing esapstent 'eechsr for the male school. and payag the IBriden xt ex- p-ns@s of snch school: Fonrh, 's eTnp oying com- petent teacher for the female school. snd the tnci- dental expenses ct such school. Fifth, 10 tie pat chase of maps. globes. chemical and phiIo~oph,c appaiat sas such other apparatus and iAst' 2 menis as the BoaIa of Trustees may consider sx- pedi nt sixth 10 employing additional teachers and ass sfan;s.
 SEc. ' Each share holdcr shah be en'pled bo send child 10 ihe school for each share oi stock ta- ken by hIm and iR no instance shall such child b%s allowed fo continue at the school mofet ten day after the paymest ot any iastalmeni due On inc stock of such subScriber.
 SEC. <. The Board of Trn.tees shall receive d0- nntlons from the Government or iBdIvtdasis, feT such purposes may be indicated by the doneFs. If any iniivdaal desires tG feand scholarship, he may do SO by donation 10 the Instffaion. pald to the Treasurer of such an amount, viii, when in- vested, prodaee annually S25. sach scholarship shall bear the of the aonos. sad wIih slcA annual sam poor pupil shall be educated. to be selected by the doaor, If he desires il, and il net. by the Trustees.
 SEC. g. Application shall be made to the Legisla- ture for charter of incorporation Nhich W i'll av- thorise the Trustees in their corporate capLciy to hold lands. stock and the like and be sued and in general exetelss the ordi asry pewefs of such e0rpoi al ions
 SEC. 10. A donation ef land from the General Go vernHueBt shall be soliciird by the Trustees, which
 shall be aPPlie iO fonndag scholarships fer iBdigent papils. aud the purchase of serct library; and m Case the State shoald divide the Seminary land, aP plicdiion shall also be made for portion of thai tant, for the same purposes.
 SEc- ll One of the Board of Trustees shall b. elected by themselves. 10 be le Treasurer, 10 hOii i,is office al the pleasure of the Board.