Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-07-20

BhI accepting the Conditions of
the Act OF Congress OF July 5th,
1854, Donating Lands to the sever
al states for the endowment OF Ag.
rtculttral Colleges.
The following Bill was reported by Mr..
Ross from the Committee on Educational
matters, to the House of Delegates, last
Thursday:
BE il enacted By the Legislature Of West
Virginia:
|. That whereas, the Congress of the
United States, by an act approved July
9th, 1862, entitled can Act donating pub.
lie land to the several States aud Terrific
ries which may provide colleges for the
benefit of agriculture and mechanic arts, p
did grant to the several States for the pur.
pose mentioned in the title of the act, a
.qantity of land equal TO thirty thousand
acres for each Senator and Representative
in Congress to which the States are re-
spectively entitled by tho apportionment
under the census of 1860, subject to Ger
Tain conditions contained in the body of
the act: And whereas, il is further enact
ed in the aforesaid "that no State shall be
entitled to the benefits of this act unless it
shall express its acceptance thereof by its
Legislature within two years from the date
of its approval by the President" There
fore,
2. Be it enacted by the Legislature of
West Virginia, That the grant of lands
contained in the said acts of Congress is
hereby accepted by the State of West Yir-
ginia, subject to the several conditions and
provision contained in the said act.
3. Be it further enacted, That all mon
eys derived from the sale of lands obtained
under this grant, or for the sale of land
scrip as therein provided, shallbe invested
in the stocks OF the United States or of
the States, or some other safe stocks, yield
ing not less than five per centum Hpon the
par value OF said stocks; and that the mon
eys so invested shall constitute perpetual
fund, the capital of which shall remain
forever undimished, Except so far as may
be provided for in this act,) aud the inter-
est of which shall be inyiolably appropri-
ated to the endowment, support and main
tenAnce OF college IN which the leading
object shall be, without excluding other
scientific and classical studies, and includ.
ing military tactics, to teach such branches
of learning as are related to agriculture
and the mechanic arts, in such manner "a
the Legislature may prescribe or order, to
promote the liberal and practical education
of the industrial classes 10 the several pur
suits aud professions in life.
4. If any portion of the fund inyes ted
as PROVIDED oy the foregoing section, or
any portion of the interest thereon, shall,
by any action or contingency, be diminish
ed or lost, it shall be replaced by the State
from its treasury, SO that the capital OF
the fund shall remain forever undiminish-
ed, and the animal interest shall be regu-
larly applied without Elimination. to the
purposes mentioned in the third section of
this act except that sum not exceeding
ten per centum Of the amonnt received by
the State, nader the provisions of the act
of Congress Aforesaid, may be expended
for the purchase of lands for sites or expe.
rimental farms, whenever authorized by
the Legislature. .T.--- -
8. No portion Of said fund, nor the in-
terest thereon, shall be applied directly or
indirectly, under any pretence Whatever,
TO the purchase, erection, preservation or
repair of any building or buildings. III
9. The State shall provide for the prop
er organisation of college as described
IN the third seetFan of this act, within Eve
years from the date of the passage of the
act Of Congress aforesaid. -
!. An annual report shall be made regard
ing the progreSs OF the college. rspardiRg
any improvements and experiments made,