The weekly Ottumwa courier. [volume] (Ottumwa, Iowa) 1857-1872, 1862-02-19
4 oTTUMWA, IOWA, WEDNESDAY FEBRUARY 49, 1862

)TTUMWA, low
tor; also, such other officers as they may
deem expedient; and to determine the
amount of their respective salaries; also, the
compensation ofthe Treasurer They shall
have power to remove any officer connected
with the institution, when in their jud gment,
the good Of thc instituiion requires, and !, to
determine the amount Of fees to be paid for
tuition l9 att 9sl3ates as gaFin
SECTION 12 1t shall be the duty of the
Secretary to record oil proceedings Of the
Board Of Trustees, and carefully to pre-
serve all it's books and papers. His books
shall exhibit what Of the University lands
have been sold and to whom on what
terms what portion Of the purchase money
has been paid, and wien paid on each sale /;
and how the same has been invested, and
on what security |; how much is due on each
sale by whom and how secured, and when
payable; what lands remain unsold where
situated !; and its appraised value, ifapprais-
ed, or its estimated value il not appraised.
His books shall also show how the perma.
ncnt fund Of the University has been ip-
vested the amount of each kind Of stocks,
il any, with the date thereof, and when due
and the interest thereon, and when aud
where payable; the amount Of each loan, if
any. and when made and payable; to whom.
and how secured and at what interest, and
when and where payable When any fur.
ther sales Of land, or further investments
shall be made, the Secretary shall enter the
same upon his books as above set forth
The Secretary shall countersign and register
all orders for money on the Treasurer, and
the Treasurer shall not pay any order on
him for money, unless the same be counter
signed by the Secretary. On the first day
report to the Secretary all defaults Of pay
mcnts Of either principal or interest, with
the names and address Of the persons so in
default ; and thereupon the Secretary shall
Immediately notify, in writing, each person
so in default, urging payment.
SECTION IS. The Board Of Trustees are
authorized to expend such portion Of the
income OF the University Fund, as it may
deem expedient, in the purchase of Appa.a-
tus, Library and Cabinets of Natural His
tory, in providing suitable means to keep
and preserve the same and in the procure
ment of all means and facilities for giving
instruction. M 3
SECTION IA. The Certificate or Diploma
given to graduates Of the Normal Depart
ment Of the State University shall be suf-
ficient evidence Of qualification, to enable
them to teach in any Of the Public Schools
of the State, in which their services may be
desired, without procuring Certificate from
any County Superintendent Procidetl, he
be Of good moral character.
SECTION Is. The first meeting Of the
Board of Trustees under. the Act, shall be
at such time in the year 1852, as the Secre-
tarv Of this Board shall appoint. he giving
due notice in writing to each Trustee. The
Annual meeting of the Board snail be held
at such time as may be determined by the
Trustee at any regular or special meeting
of the Board. ''
SECTION l6. The President Of the Board
Of Education may cali sp cial meetings when
he deems it expedient. The Board OF Trus-
tees shall have power to fill all vacancies &C.
curing thereon, except when the Board oi
Education is in session and the person so
appointed shall hold bis office until the next
session of the Board of Education.
Section II. The Treasurer of the Uni
versity shall have set of books, in which
he shall keep an accurate account of all
Transactions relativeto the sale and dispo
sition Of the University lands, and the man
agement of the fund arising therefrom
which books shall exhibit what parts and
portions of land have hecn sod, at what
prices, and to whom, and how the proceed.
have been invested, and on what securities
-, hat 1o, IcfsM -.
situated, and Of what value respectively.
SECTION Is. No sales Of lands belonging
to the University shall hereafter take place,
unless the same shall be decided upon at a
regular meeting Of the Board Of Trustees, OF
at one called for that particular purpose
and then only in the manner, upon the no.
tice, and upon the terms which the Board
shall prescribe; and no member ofthe Board
shall be either directly or indirectly inter
ested in any purchase of such lands upon
sale and it shall be lawful for the Board tc
invest any surplus income, which Is not i'm.
mediately required for the purposes of in
struction. in the United States, and to hold
.he same for the University, either as per.
petual fund or as income to defray current
expenses, as said Board of Trustees may
deem expedlent M ff4 s
SECTION 10. The Board Of Trustees shall
make report to the General Assembly and
to the Board of Education, at each Of their
respective sessions, which shall exhibit the
state, condition and progress of the Univer.
Isity, in its several departments the differ
ent courses of study pursued therein :, the
branches taught; the means aud methods
of instruction adopted the number Of Prof
esors, with the compensation of each !; and
the number Of students, with their names,
ages, studies, sex, and residence the situa.
ton and condition of the University fund
the income derived therefrom the amount
of expenditures and such other matters as
said Board of Trustees may deem proper to
communicate. 6.
SECTION 20. All Acts and parts Of Acts
Inconsistent with this Act, are hereby re-
pealed. NICHOLAS J. RuscH,
President Of the Board Of Education.
December 18th, 1891. .ay- s.e
t AN ACT
For the Encouragement Of Teachers Insti