The Kansas herald of freedom., 1858-08-14
ARTICLES OF .eRERxrSr


Baaceen the Twis Mound K1rnoaie College zsso-
efatioa and Tie Subscribers to Tie caPifal Stock
Of tie same.
ART l. On conditions, hereinafter specified,
the undersigned mutually pledge themselves,
each to the other; ana severaiiy to the Twin
the Treasurer of said Association, the amounts
b. them respectively Subscribed;
ART. 2 The payment OF one Thousand dollars
shall constitute any person shareholder, and
shall entitle him or her to vote on all questions
pertaining to the interests OF the Association.
Each additional share shall entitie the person
holding the same to one Totes
Art. g. For mutual security, the subscription
of share, or any number of shares, shall not be
obligatory npon the person making It, until NIT
shares or the sum Of fifty thousand dollars, shall
have been subscribed.
ART. 4 The shareholders, Immediately after
the subscription Of fifty thousand dollars, shall
be notified by the Secretary of the Association
to assemble. either in person or by proxy, al
time, the two parties TO this Agreement shall be
consolidated into one body, which shall then and
there proceed to determine the time and manner
of payment of the observation-disclosures, and to
elect Board of Control to execute the instrue-
tions of the united Association.
!. ART. 5. The fifty thousand dollars thus sub
scribed and paid, shall be primarily expended in
the erection of suitable College buildings, the
procurement of scientific apparatus, and the
Establishment of the College grounds,
ART. 6. Each shareholder, for every share BY
him or her taken, shall be entitled 10 scholar
ship in the College, tuntil the Institution shall
become self-supporting, which scholarship
shall be transferable.
Arr. Z. The Twin Mound Harmonic College
Association, do, through their officers, under
signing these Articles for the purpose, hereby
pledge themselves to deed one town lot in the
town plat of Twin Mound. together with five
acres Of land in the immediate vicinity, to ever.
person who shall take share.s or shares, il the
capital stock of this Association.
Arr. g. The Twin Mound Harmonic College
Association dc hereby further pledge them
selves to donate and convey ten acres In the CEN
ter of the town plat of Twin Mound. as a Site
for the'proposed College; and also to deed to the
College, within six months after the sum ol
twenty five thousand dollars shall have peeI
expended towards the enterprise, six hundred
and forty acres of land, TO aid IN endoWIng ths
Institution; reserving to themselves oneFotS
10 the Association Of joint proprietors, Tor eac
forty acres thus deeded-and also SCHOLARSHIP
for each forty acres.
Art. o. For the honor of intellectual worth
and as the due of wealth that is more than gold
it is yet further agreed By both the parties e
these Articles, that those whose learning ane
talent may be required in the College, thoust
destitute of peeuniary means, shall neYertne-
less, by the best0Wment of their gifts and Tax
devotion of their services, in the posts they ma!
be needed to fill, be entitled TO all equal natura
rights with the other proprietors, including
town lot, five acres of land, scholarship, ana
vote in the Association.
Signed for the association,
HENRY HIATT, President.
| ELIZABETH NJ. F. DENTON, Sec'y. -