The San Juan times. (Farmington, N.M.) 1891-1900, 1895-09-20
THE ACADEMY.
SAN JUAN COUNTY'S PRO-
POSED NEW SCHOOL.
Che following are Some of the Rules
and the Conditions Con.
tempIated.
ARTICLE l..


ARTICLE
The name of this company shall be
SAN JUAN ACADEMY" Corpora.
Non. Of Pennington, New Mexico.
ARTICLE IL.
The capital stock shall be $3.50
on.assessable stock, divided into
$500 shares OF par value OF $40 each.
ARTICLE Ill.
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.
eient 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 a
thorough canvass to be made for the
sale of stock and shall keep the stock
en- the market until all is sold and as
soon as enough stock is sold to assure
business, shall employ Superintend'
Snt who shall prosecute the building
ne fast as possible under their direc-
taOn.
ARTICLE VII.
The Board OF Directors shall make
an annual report to the Stockholders
ut their annual meeting and shall keep
their books open for the inspection OF
the Stockholders.
ARTICLE VIII.
The Board Of Directors shall inform
themselves of teachers and their adap-
tation to tre 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 will
give thorough instruction,
ARTICLE x.
The Board shall provide for a short
Business Course embracing Penman
ship, Shorthand, Bookkeeping and
such other helps as will prepare pu
pills for business in a short time.
ARTICLE XII.
The Board of Directors shall not sci
or mortgage the building or grounds
for The site without the consent Of the
Holders of q majority of the Stock.
ARTICLE XII.
When called meeting of the Stock
holders is needed, the Directors shall
notify each Stakeholder in writing il
time for such to reach his pestufic,
ten days before the time of holdinI
the meeting.
ARTICLE XIII.
The Board of Directors shall hold il
the Treasury all increase in sales o
land over cost and expense of transfer
ring and all other profits over runniAt
expenses and pay the same out as ;
Dividend on the paid up stock at thu
annual meeting.
ARTICLE XIV.
This School shall be purely Non-Sec
tartan and on.Political. No teacher
Ohall be employed or rejected on &C
0Ount Of his or her Denominational o.
Political Affiliations, yet NO teacher
shall be employed who is not Chris
tian in faith and practice.
ARTICLE XIV.
The Teachers shall be required Il
open and close che school Of each day
with q short service of reading o
Scripture, Song and Prayer.
ARTICLE XVI.
The Teachers shall keep q daily
Register Of the standing in Recitation
and General Department Of each Pr
,Al R.ova vphioh khav ahall maka,