The San Juan times. (Farmington, N.M.) 1891-1900, 1895-09-06
THE ACADEMY.
SAN JUAN COUNTY'S PRO
POSED NEW SCHOOL.
Rhc Following are Some Of the Rules
and the Conditions Con-
templated.
BY-LaWS.
ARTICLE /.


ARTICLE I.
The name of this company shall be
"aAN JUAN ACADEMY" Corpora
NSn. Of Pennington, New Mexico.
ARTICLE II.
The capital stock shall be $4,000.
non -assessable stock, divided into
a5OO shares OF par value of $40 each.
ARTICLE III.
The regular annual meeting Of the
Stockholders shall be the last Satur-
day in June.
ARTICLE ".
The business of this company shall
be transacted by board of five Di.
rectors elected in the manner directed
by law, who shall give good and suffi
cient Bonds for the faithful perform
Ance of their dNtiss as directors.
ART1CLE v.
The object of this company is to
erect suitable buildings in which to
operate graded school and to carry
on such school with all grades of Edu-
cation that are demanded in the COM
munity and meanS can be obtained to
furnish.
ARTICLE VI.
The Board of Dire&tors shall cause a
thorough canvass to be made for the
sale of stock and shall keep the stock
on the market until all is sold and as
soon as enough stock is sold to assure
business, shall employ Superintend
ent who shah prosecute the building
rs fast as possible under their diree.
tion.
ARTICLE VII.
The Board OF Directors shall make
an annual report to the Stockholders
at their annual meeting and shall keeI
their books open for the inspection Of
the Stockholders.
ARTICLE WILL.
The Board of Directors shall inform
themselves of teachers and their adap
tation to tie wants of the Academy
and endeavor to employ teachers who
want to build up or sustain good re
putation as teachers.
ARTICLE TX.
The Board of Directors shall select {
series of Text Books and fix the grade
for the several departments that will
give thorough instruction.
ARTICLE
The Board shall provide for a shor
Business Course embracing Penman
ship, Shorthand, Bookkeeping an,
such othar helps as will prepare pu
pills for business in a short time
ARTICLE XI.
The Board Of Directors shall not SCI
or mortgage the building or ground
for The site without the consent of tn
Holders of majority of the Stock.
ARTICLE XII.
When a called meeting of the Stool
holders is needed, the Directors sha
notify each Stockholder in writing /
time for such to reach bis pOsbOAic
ten days before the time of holdin
the meeting.
ARTICLE XIII.
The Board of Directors shall hold /
the Treasury all increase, in sales {
land over cost and expense of transfer
ring and all other profits over runniA
expenses and pay the same out as
Dividend on the paid up stock at th
annual meeting
ARTICLE XIV.
This School shall be purely Non Sc,
tartan and Non Political. No teachC
shall be employed or rejected on a.
count Of his or her Denominational {
Political Affiliations, yet no te4che
Ahail be employed who 10 not Chri
tian in faith and practice.
ARTICLE XIV.
The Teachers shall be rOGai1ed
spsn and close che school of each da
With . short service of reading I
Scripture, Song and Prayer.
ARTICLE XVI.
The Teachers shall keep dali
R,giSter of the standing in Recitatio
and General Department of each Pl
p.i hom which they shall make