The Columbus dispatch. (Columbus, Miss.) 19??-1922, 1919-12-14

missioners to lay out the southwest
quarter of said fractional section, OF
so much OF it as they may think suit.
able for town lots, which shall moi
contain more than one acre, nor less
than one fourth of an acre, as they
may deem proper.
Sec. 2. And be it further enacted
That when the commissioners shall
have laid out said town lots, it shall
be the duty Of the county court Of
Monroe county, at the first term Of
court. after the passage Of this act,
or at any subsequent term of said
court, to appoint three agents for the
purpose of leasing said town lots;
and the said agents or majority of
them shall have power to lease the
said lots for the term of ninety nine
years, reserving an annual rent there
for, payable on a certain day in each
year, and to take security from the
/ lessees as to insure a certainty and
punctuality of payment; and in case
of any vacancy in said agency, the
said county court shall have power to
fill the same as occasion may, from
time to time, require. 1t shall be
the duty of said agents or majority
of them, to give public notice at three
public places in said county, of the
day and place of leasing said lots at
least twenty days previous thereto;
and they shall on such day or days
offer the said lots separately at public
cutlery, and the same shall be leased
to the highest bidder.
Sec. 8. And b cit further enacted,
That it shall be the duty of the agents
appointed, or majority of them, I'M
der the direction of the said county
court, to apply with impartiality the
proceeds arising from the rents of
said lots and lands to the purpose of
education and no other, according to
the direction of the act Of congress,
entitled "An act to provide for leas-
ing certain lands reserved for support
of Schools" in the Mississippi Terri
tory, approved the ninth day of JAN
uary, eighteen hundred and fifteen;
and that said agents shall before en-
tering on the duties of their agency
give security to the said county court,
in such sum and penalty as said court
shall require, conditioned for the
faithful discharge of their duty in all
Sec. A. And be it further enacted,
That the said agents shall have power
and authority to lease for the purpose
of Improvement, or for an annual
rent, the other lands in said county
by the congress of the
United States to the support of
they in all things conforming
to the directions Of the act of con-
gress herein before referred to.
Sec. 5. And be it further enacted,
That there shall be established in the
county of Monroe an academy by the
name of Franklin Academy.
Sec. 6. And be it further enacted,
That the aforesaid commissioners
expressly named of the
president and trustees of Franklin !
Academy, and by that name shall be
apable in law, to sue and be sued,
mplead and be impleaded, in any
f the courts of law or equity in this
state, to receive all donations, and IN
may do all acts for the bene-
It of said Institution which are in
ident to, or of right appertaining
o bodies polite and corporate.
Sec. z. And be it further enacted,
hat the first meeting of the trustees
hall be on the first Monday in June
ext, in the town Of Columbus, at
hitch time and place they or ma
ority of them shall choose a pres
lent by ballot, out of their own body,
nd in case a majority shall not at
End at the first appointed meeting,
shall be in the power of any three
lembers to call meeting of said
'ustees by advertisement in the town
I Columbus, giving ten days notice
said intended meeting, at which
me the members present shall be
,mpetent to choose a president; and
hereafter the ordinary meetings of
lie board Of trustees shall be on their
vn adjournment.
Sec. 8. And be it further enacted.
hat the president or in his absence.
member shall be chosen, pro tenn
IRE, as president of the present
Getting, and that the board of trus- -
es appointed by this act, shall have
II power to fix upon a site for
Getting and building said academy;
ey shall also have power of con-
,11.nor