The Lubbock avalanche. (Lubbock, Tex.) 1909-1922, 1919-07-31

named % shall he divided between the t'ni
\ Vcrsity oi Texas. the Agricultural and Ne
chauical College of IcSas. and the Frairir
view State Normal and Industrial College To-
fhr following manner TO the lrfNefsffF 81
Texas sixty 80 and two thirds - 2.O per
cent and the Agricultural and Mechanical
u q nlirgC Of Texas, thirty three and one tlirl
/ NS i.l per cent and ~ gorcrnng board q
tho Agricultural and Mechanical College 81
/ eaas shall apportiou 90 the Prairie View
State Normal and Industrial College tor sob
orrd - uths such part oi ~ interest o. he
Y sad thirty three and one third as : ID urr
cent a. may be- determined equftahls by saie
i governing board. The principal ui an lands
Z acrruuR o. each institution from the divls-
I ron of the University endowment under fhr
PROVISIONS ul this section shall, whenever tnr
! said endowment b. dos idcd. constitute the
/ permanent iuud of each and shall BE- invest
I ed the permanent public tree school iufId
D. now uf may hereafter he authorized hf
I law to hc invested, and the governing boards
l oi the iuiTcrsitY o| IrSas. and the AgficuI
tural and Mechanical College ol Icras shall
De authorized with the approval oi ihe Gov
ernor. and in the manner 10 bc provided hf
law a. issue bonds for permanent improve
mcut,. such bond issues 20 De based upon
/ The permanent funds ui the institution fHsu.
Z ing them aud the governing board IF each
institution shall make provision from the fn.
come dcriyahlc from ffs permanent fund laf
the payment ct al bonds issued under fs an
thorits may be provided By law
SIC D. The lands SCI apart % the ui
NffNNN IufN HhAlI Nf HNiN NiiIlff HMiN ffNNNa
ttons, 10 such times. aud on such terms a.
may b, provided by Law; and the Legislature
shall provide tor the prompt collection. a.
maturity ai an debts due on account ri I uf.
vcrsiiy lands heretofore sold nr that mas
hereafter hc sold. and shall in neither svcrf
have the power 90 grant relief Co. the pur
chascrs And until such tune a. the I'M
versity Endorsement fund shall be- divided. in
accordance with constitutional and statutory
authority, the proceeds from the sale uf
lands a. realized and received INTO thr
Treasury of the state, together With such
sum belonging 20 the funds a. may nov H.
n the Treasury shall BE- invested as the
permanent public Tree school fund b. nus of
may hereafter be- authorized by law Co he n-
vested; aud the interest accfuing thereon.
and any income IRON 'ue uss oi said ui.
scrsiy lands, shall be- subject 60 apprupria
fion by tho Legislature. and mag hc avail
able for the redemption of bonds ussed 90
the University endowment and Co hc
deemed from the said interest and income
from the use of land. may he provided hy
ias. 90 aid in the construction. equipment
and maintenance of the University Of Iesas
and the Agricultural and Mechanical Col
icge Of Texas. and the total Of such bond Be-
sucs outstanding shall AZ uo time exceed
tour and one bali million dollars. and th,
Legislature o. hereby authorized Co arpfu.
pirate out of che general r.venuc Of the State
.uch moneys a. may De- necessary 60 cover
deiir 'encics u The interest and sinking fund
accounts ai ihe bond i-sues herein provided
ior proV.dcd. that Zoe one tenth ~ tie ID
fcrnate sections of the lands GRANTED to fai
snads reserved hy thc State. which ucrc SCI
aua' and appropriated 60 thc sstahlslmcut
ai "lhe luifrrsiiY ni Tcxasf by an Act of
ihe Legislature of February % 1881 entitled
car Aci to Establish Tho rn.errsfy 81
Icsaf.' shall mot De- included u 0f c0nsii.
tuie part Of the permanent University
fund
SFC U The irgsmturc shall provide hy
appropriation ier DE equipment mainfc-
rlrce and Development of The University Of
Texas and ihe branches Of The said iusiitu
tom named n ih!s Article sni such other
hranchca a. may hereafter be- csiahli slct By
law. iar che agricultural ard Mechanical
COLLEGE ol Tesas and b. branches al nov o.
hereafter may b. established hg law. iof the
-fas cf fsi ior State normal s Shoots.
arf i1f the Prairie Nire State Normal and
lntusiflai College Goo cliorci Youths
SIC ~ The Legislature shall give 60
cnlragrmcuf and direction fa and make pro-
tisIun l1f ihe educational actritles ul the
respective state Installations provided Cor fu
this Article. aui as may hs adequate i1r The
rfnmut|nu pi literature ard Pc arts and
sciences. pore and applied and ilf instfuf
ton m ihf lfnie ssI1ns. ni University ui
fhe Ntii classi sHi Coz usifultiaH ln an
tanif lfanehft oi l.afuhE eh.t relate 90
agriculture animal hnshiniIf ihr nafrral
.Cifutft pure an1 applied. connected there
elth fhf mechanic arts lri mIlIflfF sCfHsf
ani tactrt requisite Z. hr irte'almrHi li
th. fra ois.l 80 lof be- ef1.lfsa ai
aH|ff r1is hi iht lltfifF hfln3nfa iHf 4If.
AND flfuIrf. lni |H sHlIll IHi iHmft i|.
rDHHlni li ih' aEs AZ maf hf nrfsisafl O..
f.f1lNtf Ini Wlfnfa m a i1l|lFl ~ lnNu.Ir'tl
Arts al ihr Nfsl class iaf eh|if a'lls ana
+ III |nIfInl IIHn n ~ iN. NIIr.NrI frIH|lII
AZ ~ development q n1fmsi ifhaais n ~
IIIf class
SIC N If1 rIiHr Nfa siaIr Nalnsl
go in'lnsifsl i1Illll ~ ihl 'nslrali|on ~
E''.I'f r.. nIfI u ~ stale lawns lf9H I"
F lsf'i IL fis'l'. Afa. n Ws|lfl iaantf a. =
.ltH.A If ~ le.'si'l.I 4 I---- : 80.
=. ---- y - - -
I Nrlflr.sl lIlssl 81 fllsl AL d lsa (.
81 llNlllil lfrAIl'aNmlnf "a rsfi a ~