The San Juan times. (Farmington, N.M.) 1891-1900, 1895-08-30
THE ACADEMY.
SAN JUAN COUNTY'S PRO
POSED NEW SCHOOL.
The Following are Some of the Rules
and the Conditions Con-
templated.
ARTICLE 1.

The name of this company shall be
SAN JUAN ACADEMY" Corpora
tion. Of Pennington, New Mexico.
ARTICLE II.
The capital stock shall be $500
worcestershire stock, divided into
$500 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 a board of five Di-
Pectors elected in the manner directed
by law, who shall give good and suffi
cieut Bonds for the faithful perform
ance of their duties as directors.
ARTICLE 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 Directors shall cause
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 shall prosecute the building
as fast as possible under their direc-
tion.
ARTICLE VII.
The Board Of Directors shall make
an annual report to the Stockholders
at their annual meeting and shall keep
their books open for the inspection of
tie Stockholders,
ARTICLE VIII.
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 q
series of Text Books and fix the grades
for the several departments that viii
give thorough instruction.
ARTICLE x.
The Board shall provide for a shor
Business Course embracing Penman
ship, Shorthand, Book keeping anC
such other helps as will prepare pu
pills for business in short time.
ARTICLE XI.
The Board of Directors shall not sci
or mortgage the building or grounds
for the site without the consent of tn,
Holders of a majority of the Stock.
ARTICLE XII.
When a called meeting of the Stock
holders is needed, the Directors shal
notify each Stockholder in writing il
time for such to reach his pestofic
ten days before the time of holding
the meeting.
ARTICLE XIII.
The Board of Directors shall hold il
the Treasury all increase in sales Q
land over cost and expense of transfer
ring and all other profits over runnin
expenses and pay the same out as
Dividend on the paid up stock at tn
annual meeting.
/ ARTICLE XIV.
This School shall be purely Non.SeC
tartan and Non. Political. No teache
shall be employed or rejected on az
count of his or her Denominational o
Political Affiliations, yet no teAcbe
shall he employed who 10 not Chris
tian in faith and practice.
ARTICLE XIV.
The Teachers shall be required {
open and close che school of each da
with a short service of reading &
Scripture, Song and Prayer.
ARTICLE XVI.
The Teachers shall keep a dali
Register of the standing in Recitatio
and General Department of each Pr
pil ItoM which they. shall make