|
378
|
LAWS OF MARYLAND.
|
|
|
|
That the " Trustees of the male free school and Colvin institute
|
|
|
|
of Baltimore," be and is hereby authorized, empowered and di-
|
|
|
|
rected to assign, transfer and convey all its funds, property and
|
|
|
Empow-
|
assets to "The trustees of the woman's college of Baltimore city,"
|
|
|
ered
|
to be held by the said " The trustees of the woman's college of
|
|
|
|
Baltimore city" as a special fund to be known as "The Rachel
|
|
|
|
Colvin fund," the income of which shall be used to aid worthy
|
|
|
|
students at said college, not less than eight in number to receive
|
|
|
|
the benefit of said income each year.
|
|
|
|
SEC. 2. And be it further enacted, That the said "Trustees of
|
|
|
|
the male free school and Colvin institute of Baltimore," be and
|
|
|
|
is hereby authorized and empowered to provide rules and regula-
|
|
|
Author-
ized
|
tions for the selection at the said college of the recipients and
|
|
|
|
beneficiaries of the income of said fund, but in default of such
|
|
|
|
rules and regulations the said "The trustees of the woman's
|
|
|
|
college of Baltimore city," shall have power to make such rules
|
|
|
|
and regulations and make application of such income.
|
|
|
|
SEC. 3. And be it further enacted, That for the purpose of car-
|
|
|
|
rying out the power and authority given by the first section of this
|
|
|
|
act, "The trustees of the male free school and Colvin institute of
|
|
|
To dispose
of.
|
Baltimore" is hereby authorized and empowered to sell, grant, con-
vey and dispose of all its real estate and personal property, and by
|
|
|
|
deed, lease or other instrument in writing, under its corporate seal,
|
|
|
|
signed by its president, and acknowledged by its president or a
duly authorized attorney, make good and sufficient conveyances of
|
|
|
|
its real estate or other property, the purchaser not to be held to see
|
|
|
|
to the application of the purchase money.
|
|
|
Effective
|
SEC. 4. And be it further enacted, That this act shall ta'ke effect
|
|
|
|
from the date of its passage.
|
|
|
|
Approved April 3, 1890.
|
|
CHAPTER 342.