The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1862-03-20

and the snfficiency Of its suretics, b,

tnc DOiFu OF lfuStccS, ana also the Au-
. dtor and Secretary of State, and shall
be fled in the Office Of the latter.
q Sec. 10. The University shall con-
] sist Of such departments as the Board
Of Trustees shall determine, subject To
the provisions Of this Act: and the
same may be. altered or changed as
J they may prescribe. The immediate
government Of the several departments
shall be intrusted to the faculty. The
. method and course eofinstrnction in each
! department shall be prescribed by the
t Board Of Trustees, who shall also confer
! such degrees and grant such diplomas
as are usually conferred AMI granted by
other Universities, or such others as
they may think proper
/ Sec II. The Board Of Trustees
shall have power, and il shall be their
duty. to enact laws for the Government
efthe University; to appoint Sec
rotary Of the Board who shall he ex-
oflicio Librarian and shall hold his
office a, the pleasure Of the Board to
elect q President and the requisite nn'n-
ber Of Professors and Tutors Ptovt9ea,
that the whole number of Professors.
Tutors anl Faculty, shall not il any
manner be increased by the discor
tinuancc Of the office ofCara.or: also,
such other Officers a. they may deem
'eypedient and to determine the maun.
Of their respective salaries; also the
compensation of,he Treasurer. They
shall have power to remove ary officer
connected with the institution. when :l
fliei, Judgment. the coed IF Tic lis It'll
ton requires, and to determine tis
nm mannt Of fees to be pail iar ti.ii;on.
4 See II. It shall be the duty Of the
Secretary to record AL proceedings o.
J the Board Of Trustees, ana cafei'uHy to
iprese.ve all its books ard papers. lis
books shal! exhibit What OF the Uni
versity lands have been sold; when the
same were sold 1T what prices and
10 whom: on what terms: what
portion ofth purchase money has been
paid, and when paid on each sale; AMI
how the same has been invested, an on
what security; how much is due OH each
sale; By whom & how secured, and when
payable; what lands remain unsold !:
whore situate and its appraised value
if appraised, or its estimated value if
not appraised. His books shall also
show how he permanent fund Of the
University has been invested: the
amount Of each kind Of stocks il any.
with the date thereof, anl when ,lu :
ana the interest thereon, anl Wien ant
where payable: the amount Of each
loan, if any, and when made and rsva
hlv: to whom and how secured; and
1T what interest, ana when and where
payable. When any further sales Of
land or investments shall be made, the
Secretary Sail enter the same upon his
books as above set forth. The Secre
tary shall conntersign and register al.
orders for money on the Treasurer, and
the Treasurer shall not pay any or,ler
on him for money unless the same
be countersignca BY the Secretary
On the first day of February Of each
year, the Treasurer shall. report to the
Secretary all defaults Of payments Of
either principal or interest, with the
names and address Of the persons so in
default: and therenpcn, the Secretary
shall immediately notifv, in writing,
each person 50 in default, urging pay
ment.
| Sec. 13. The Board &c Trustees are
authorized to expend such portion Of
the income Of the University Fund, as
it may deem expedient, in the purchase
Of Apparatus, Library and Cabinets Of
Natural History, in providing suitable
means to keep and preserve the same !;
and in tho procurement of all other
means and facilities for giving instruc-
tion.
Sec. Il. The Certificate or Diploma
! given to graduates Of the Normal De-
partment of the State University shall
be sufficient evidence Disqualification, to
enable them TO teach in any OF tl,c
Public Schools of the State, in which
their services may be desired, without
! procuring Certificate from any County
Superintendent: Proc;.lcd, lie be Of
good moral character
Sec. Is. The first meeting of the
Board Of Trustees under this Act, shall
be at such time in the year 1862, as the
Secretary Of this Board shall appoint,
he giving due notice in writing to each
Trustee. The annual meeting Of the
Board shall be at such time a. may 81
determined by the Trustees At any re.
galar or special meeting of the Board