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Sec. 1. Be it enacted by the General Assembly of the State of North Carolina, and it is hereby enacted by the authority of the same, That Phillip Koonce, C. B. Glover, J. N. Sanders, R. S. McLean, E. W. Sanders, D. W. Sanders, T. B. Holland, D. A. Humphrey, D. A. Harget, C. H. Barnum, R. Canady, be and they are hereby declared to be a body politic and corporate, to be known and designated by the name of "Trustees of the Male and Female Academy of the Town of Swansboro'," and by that name shall have succession and a common seal, and shall be invested with power and authority to sue and be sued, plead and be impleaded in any court of law in this State, and to hold such lands and tenements, goods and chattels, and moneys sufficient for all the purposes of said academy. Sec. 2. Be it further enacted, That said corporation shall have power to make all laws, rules and regulations, that shall be necessary for the good government of said academy, and the management of the property and finances of the same, that shall not be inconsistent with the State constitution or that of the United States; and also to fill vacancies among the trustees, from time to time, occasioned by death, resignation, or other causes, and also to appoint such officers as they shall think proper. Sec. 3. Be it further enacted, That said trustees shall have power to appoint all teachers in said academy, to affix the rates of tuition, and to do and perform all such acts as are incident to, and usually exercised by bodies politic, for the accomplishment of the object contemplated. Sec. 4. Be it further enacted, That a majority of the trustees shall constitute a quorum for the transaction of any business connected with said academy. Sec. 5. Be it further enacted, That this Act shall be in force from and after its ratification. Ratified the 2nd day of February, 1857. Thomas Bragg, Jr., Governor North Carolina William Hill, Secretary of State |
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