THOMAS SWANN, ESQUIRE, GOVERNOR. 549

name shall be capable of exercising such powers and authorities as the Trustees of the said College, and their successors shall by their ordinances think necessary to delegate to them for the instruction, discipline and government of said Seminary.
Sec. 8. And be it enacted, That the yearly val- ue of the messuages, lands, tenements, rents, an- nuities, or other hereditaments and real estate of the said College and Corporation, exclusive of the buildings and lot necessary and proper to the Sem- inary, shall not exceed fifteen thousand dollars current money, and all gifts to the said College and Corporation, after the yearly value of their estates shall amount to fifteen thousand dollars as aforesaid, and all bargains and purchases to be made by the same Corporation, which may increase the value of said estates above or beyond the sum aforesaid, shall be absolutely void and of none effect.	Yearly value.
Sec. 9. And be it enacted, That the said Trustees and their successors shall meet at least once in every year, in stated annual meeting, to be ap- pointed by their own ordinances, and at such other times as by their said ordinances they may direct, in order to examine the progress of students and scholars in literature, to hear and determine on all complaints and appeal, and determine on all matters touching the discipline of the Seminary and the good and wholesome execution of their ordi- nances, in all of which examinations, meetings, and determinations, such number of Trustees duly met (provided they be not less than seven) shall be a quorum.	Meetings.
Sec. 10. And be it enacted, That a majority of said Trustees for the time being, when duly assem- bled at any yearly or other meeting, upon due no- tice given to the whole body, shall have full power and authority to make fundamental ordinances for the government of the said College and instruction of the youth aforesaid, and by their ordinances to appoint such a number of their own body, not less than seven, as they may think proper to be a quo- rum, for transacting all general and necessary business of said Seminary, and making temporary rules for the government of the same, and also by	Make ordi- nances.