The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1852-04-16

the purpose Of promoting education. To be
come bodies cofporate.
SEc. i. Be Il enacted b. he General Al ssem5l,
Of he State of Ohio. That any number or per,
sons, not less than FIVE. desiring ID establish q
ac0llege. university, ofOther institution for the
purpose Of promoting education. religion, mo.
EalitY agriculture, or the fine arts. may, BY
complying with the provisions OF this act. be.
come body corporate and polite, with per.
petual succession. and may assume corporate
me by which they NAV sue and be sued
plead and be impleaded, in all courts Of law
and equity; may have a corporate seal, and
the same alter or break at pleasures may hold
all kinds OF estate, real, personal or mixed
which they may acquire bypurchase, donation,
devise, or otherwise, necessary to accomplish
the objects Of the corporation, and the same 10
dispose of and convey at pleasure. 4
Sec. 2. To ascertain the property, and the
value thereof, ofany institution desirous Of be-
coming incorporated under the provisions Of this
act, il shall be the duty OF the auditor ~ anv
county IN thls state, on application in writing,
Of any number not less than FIVE freebolders
resident Of any county where such application
may be made. aud where such institution is'
OF is intended to be located, setting for tbe OBJ
ject for which they desire TO become incorno-
rated, to select three judicious, disinteles.ed
freeholders Of the county, and voters therein.
who shall first take an oath for the faithful dis.
charge oil their duties before some competent
officer; and such appraiser shall then proceed
to make schedule, and upon actual view, to
appraise the true value in money of all such
goods. chattels, lands and tenements. chooses in
action, rights, credits and subscription, as such
applicants shall exhibit to such appraiser, and
shall return such schedule, with their an.
praisernent, and certificate of some Justice of
the peace, or other officer authorized to admin
'istor oaths, that such appraisers were duly
sworn by him to discharge their duties as such
appraisers to the auditor Of the proper county.
and If the amount so found shall be equal to
the sum required for the commencement, of anv
such institution as said applicants desire, such
auditor shall give such applicants certificate
of the fact and they shah enter il IN a book of
records, by them provided for that purpose
which, together with their corporate name, and
articles Of association, they shall also cause 10
be recorded in the recorders Office Of the coun
ty where such institution is, or is intended to
be located; and they shall thenceforward be
body corporate and politic, according to the
provisions ofthis act, and such auditor, apprais.
er and recorder, shall be entitled TO the 8 me
fees as for like services in other cases, and no
more.
SEC. 8. The corporators of any college of
university which may be organized in accor
dance with the provisions of this act, may elect
from among their number. five or more trustees,
who shall constitute board Of directors for
Isnch institution, and they shall have power 10
fllvacancies that may occur in their board,
and shall hold their Offices unit their success
ors are elected and qualified, according to The
rules and bylaws that may be adopted by the
board Of directors; and when any such institu-
ticn, in its corporate name, shall have acqui
red five hundred dollars in real and personal
property, to be asceitained as herein provided,
said trustees shall have power to appoint D es
ident, professors, tutors and teachers, and an
other necessary agents and officers Of the board
Of trustees, and fix the compensation of each,
andmay enact such by laws, not inconsistent
with thclaws 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; ard shall
have power t, confer on the recommendation of
the faculty, all such degrees and hohors as are
conferred by colleges and universities OF the
United States, and such Others having refer
ence to thecourse ofsudy and the accomplish.
>ment of the students, as they may deem prop
or. 7stt ,a r$ -fssss -.
SEQ 4. In case Il should happen that an
election for electors should not be held on the
day appointed by the by laws of any institu
tion or company formed under the provisions of
This acts corporations shall not for that ret
son be deemed to be dissolved, but it sha. be
iawlnl on ANY other day, to. hold meeting and
eject its directors, in such hmanner as shall be
prescribed by the laws thereof
Ser TIE {vuetao, ~
lege or academy. may hold in trust any proper.
~ devised, bequeathed or donated to such in.
situtlon, upon any specific. trust consistent
with the objects OF said corporations.
SIC. g. The president ard professors shall
constitute the faculty Of any literary college or
university, instituted under the provisions Of
this act, and have power TO enforce the rules
and regulations enacted by the trustees, for the
government and discipline ofihe students, and
70 suspend and expel offenders. as may be
deemed necessary. eg-, ~ 40
g SEC. u When any number of persons shall
have procured by subscription, donation, de.
wise, purchase or otherwise, the sum Of five
hundred dollars, for the purpose of establish.
ing and sustaining on academy, such persons
may adopt a corporate name, and enter the
same in the recorders Office of the proper
county. and proceed to the election Of such
officers and teachers as they NAV deem neces
Sary,an IN their corporate name may sue and |
be sued. plead and be impleaded, in any court |
oi lawor equity Of competent jurisdiction. and |
may have corporate seal, may purchase and |
hold personalor real estate, and dispose Of the |
same at pleasure, and do all other acts and |
things necessary for the promotion OF educa-
tioA and thegeneral interests of such academy. |
SEC. g. Any university, college. or acade.
my now instituted, may come under the proyis.
rms Of this act, by complying with the requi-
stions herein contained; and all such institu- |
tons now in existence, or that may hereafter be
may connect Herewith, 10 be used |
as part Of their course Of education, any me-
chhnical shops and machinery, or lands for ag.
ricultural purposes, not exceeding three hun
dred acres, which may be attached all neces.
sary building for carrying on the mecnanical or
agricultural operations Of such insttut ion
FEC. 3. Any company which may be formed
in pursuance Of this act or which may now ex. |
ist by virtue Of any special act oil incorporation,
the property Of which is held as stock and not
derived by donation, gift, devise, or gratuitous
subscription, may increase its capital stock. or
changeit into scholarship, when il becomes
necessary for the purpose Of carrying out the
object for which such company Incorporation
isformed. IN the following manner; The ,di.
Iectors for the time being shall make out and |
eign certificate. in which shall be set forth
lhe amount to which such capital stock Is to be
increased, and The object; which certificate |
shall be deposited In the Office of the recorder
Of the proper county; and be by him recorded 4