North Carolina - Acts on Education Topics

An Act to Incorporate the Shoal Creek Academy.

1858-1859 Private Laws: Chapter 64

Private Laws of the State of North Carolina Passed in 1858-59 - Pages 3-4.

Section 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 G. Bryant, R. Deaver, S. O. Deaver, C. M. Stiles, J. E. Link, James Shearer, R. W. Walker, W. J. McCrea, E. M. Kilpatrick, A. D. Kilpatrick and their successors be constituted a body politic and corporate by the name and style of "The Shoal Creek Male Academy of Cherokee County," an institution of learning; and shall be invested with all the rights and privileges, and be subject to all the rules, regulations and restrictions contained in the 26th chapter of the Revised Code, so far as they are applicable to such corporations, and are not inconsistent with the provisions of this Act.

Sec. 2. Be it further enacted, That said company shall be a joint stock company, with a capital not exceeding three thousand dollars, to be divided into shares of twenty-five dollars each.

Sec. 3. Be it further enacted, That said company shall have power to hold personal and real estate in any sum not exceeding ten thousand dollars, and open books for subscription.

Sec. 4. Be it further enacted, That this Act shall be in force, from and after its ratification.

Ratified the 17th day of February, 1859.

John W. Ellis, Governor
Thomas Settle, Jr., Speaker of the House of Commons
Henry Toole Clark, Speaker of the Senate

State of North Carolina
Office of Secretary of State, April, 1859.

I, Rufus H. Page, Secretary of State, in and for the State of North Carolina,
do hereby certify that the Acts and Resolutions contained in this Pamphlet,
are true copies of the original Acts and Resolutions, passed by the General
Assembly of this State, at its late session.

Rufus H. Page, Secretary of State



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