The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1852-04-21
FLAWS OF OHIO.
5PUBLIsHED By AUTHORITY.

TUBLISHED BY AUTHORITY.
.[No. S6. AN ACT
To ensble The Trustees Of Colleges, Acade
mies, Universities, and other Institutions
for the purpose Of promoting education
to become bodies corporate.
q SEC. I. Be il enacted By the Genera
Assembly Of The Stale of Ohio, That any
number OF persons. not less than five, de-
wiring to establish college, university, OIL
other institution for the purpose of promo
ting education, relisiea, morality, agricul
iure, or the fine arts, may, by complying
with the provisions of this act, become a
body corporate and polite, with perpetual
succession, and may assume corporate
name by which they may sue and be sued
plead and be impleaded, in all courts oflaw
and equity; may have a corporate seal
and the same alter or break at pleasure;
may hold all kinds oil estate, real, personal,
or mixed, which they may acquire by pur-
chase, donation, devise, or otherwise, ne-
cessary TO accomplish the objects of the
corporation, and the same to dispose oil
and convey at pleasure.
., Sec. 2. 10 ascertain the property. and
the value thereof, Of any institution desi.
rous of becoming Incorporated under the
provisions Of this act, it shall be the duty
Of the auditor of any county. in this State,
on application in writing, of any number
not less than five ireeholders, resident o!
any county where such application may
be made, and where such institution is, or
10 intended to DO located, setting forth the
object for which they desire TO become IN.
corporated. TO select three judicious, dis.
interested freeholders Of the county, and
voters therein, who shall first take an oath
for the faithful discharge Of their duties be-
6re some competen, officer; and such ap-
praisers shall then proceed 10 make a
schedule, and upon actual view, to ap.
praise the true value in money Of all such
goods chatlels, lands and tenements, cho-
ses in action, rights, credits and subscrip-
tions, as such applicants shall exhibit to
such appraisers, and shall return such
schedule, with their appraisement, and a
certificate of some justice Of tho peace, or
other officer authorized to administer oaths,
that such appraisers were duly sworn by
him to discharge their duties as such ap.
praisers to the auditor oi the proper coun-
iy, and il the amount so found shall be
equal to the sum required for the COM
mencement Of any such institution as SAID
applicants desire, such auditor shall give
said applicants certificate Of the fact, and
they shall enter it in book Of records, by
them provided for that purpose, which. to-
gether with their corporate name. and ar
ticles Of association, they shall also cause
to be recorded in the recorders Office OF
the county where such institution is, or is
intended to be located; and they shall
thenceforward be body corporate and
polite, according to the provisions of this
act, and such auditor, appraisers and re-
corder, shall be entitled 10 the same fees
as for like services in other cases, and no
more.
SEC. 8. The corporators of any college
or university which may be organized in
accordance with the provisions ofthis act,
may elect from their number, five or more
who shall constitute board Of di-
rectors for such institution. and they shall
have power to Gil vacancies that may oc.
cur in their board, and shall hold their Of
fees until their successors are elected and
qualified, according to the rules and by.
laws that may be adopted by the board Of
directors, and when any such institution,
in its corporate name. shall have acquired
five hundred dollars in real and personal
property, to be ascertaned as herein pro-
vided, such trustees shall have power to
appoint president, professors, tutors and
teachers, and any other necessary agents
and officers of the board of trustees, and
fix the compensation of each, and may ell
act such by-laws, not inconsistent with the
laws Of this State or Of the United States.
for the government of the institution, and
for conducting the affairs of the corpora.
ton, as they may deem necessary; and
shall have power 10 confer, on the recon.
mendation Of the faculty, all such degrees
and honors as are conferred by colleges
and universities Of the United States, and
such others, having reference 10 the course
Of study and the accomplishment OF the
students, as they may deem proper.
SEC. 4. In case it should happen that an
election for electors should not be held on
the day appointed by the bylaws of any
institution or company formed under the
provisions fthis act, such corporation shall
not for that reason be deemed to be dissol.
we'd, but it shall be lawful on any other
day, to hold meeting and elect its direc-
tors, in such manner US shall be proscrib.
ed by the bylaws thereof
SEC. s. The trustees Of any university,
college or academy, may hold in trust any
property devised, bequeathed or donated
10 such institutions, upon any specific
trust consistent with the objects Of said
SEC. &. The president and nrof.ssors