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 James Allen, Frederick Randle, Jamed Kindle, William Wall, Thomas Tomlinson, Benjamin Kindle, and George W. Davidson, and their successors, be, and they are hereby declared to be a body politic and corporate, to be known and distinguished by the name of the Trustees of Davidson Academy, and by that name shall have perpetual succession, and shall be able and capable in law, to have, receive and possess, any quantity of land and tenements, goods, chattels and monies that may be given to them, und apply the same according to the will of the donor, and dispose of them, when not forbidden by the terms of said gift; they may sue and be sued, plead and be impleaded, in any court of law within this State; shall have power to appoint other and more trustees, and to fill the place of such as may die, remove, resign or be incapable of acting, and to establish such laws and regulations for the government of said institution as may be necessary for the preservation of order and good morals, elect a professor or professors, tutors and other officers, and do and perform all such acts and things as are incident to and
usually exercised by bodies politic for the accomplishment of the contemplated object.

Read three times and ratified in General Assembly
this 31st day of Dec. 1824

Hutchins G. Burton, Governor
Alfred Moore, Speaker of the House of Commons
Bartlett Yancey, Speaker of the Senate

A true copy - William Hill, Secretary