THOMAS H. HICKS, ESQUIRE, GOVERNOR,

159

from time to time, by that or any subsequent
board of trustees not exceeding the limits afore-
said; and that the first or any other board of
trustees may purchase or acquire real estate and
buildings, or may erect buildings, and purchase
and procure all other things necessary, and em-
ploy Professors, Teachers, Agents and Servants,
and put the school into operation, and that all
the acts and doings of the trustees or a majority
of them done within the power and duties of the
corporation, shall be binding on the same.

SEC. 5. And be it enacted, That in voting for
trustees the stockholders may vote their number
of shares, each share counting one vote, and
those having a majority of the whole to be de-
clared elected; all elections, and all the proceed-
ings of the stockholders and trustees to be entered
in a book or books kept for the purpose.

Manner of elec-
ting Trustees.

SEC. 6. And be it enacted, That the trustees
shall fix the salaries of the Professors, Teachers,
Agents and Servants, and the hire and mode of
payment, and the board, tuition or other charges
to be paid by the parents, guardians, or other
persons, and the times and manner of payment,
and shall have authority in the name of the cor-
poration to collect the same, and that the corpora-
tion may receive and take donations, to be appro-
priated to the general purposes and advancement
of the school.

Trustees to fix
salaries.

SEC. 7. And be it enacted, That the trustees
shall have the power to prescribe the course of
instruction, and of selecting or pointing out to
the Professors and Teachers the text books and
other works to be studied and used in the Semi-
nary.

Trustees au-
thorised to pre-
scribe course of
instruction.

SEC. 8. And be it enacted, That the trustees
shall have the power of removing or changing
the Teachers or Professors, and in extreme cases,
they may call a meeting of the stockholders, but
in all cases the Professor or Teacher shall be
heard in his defence, and have reasonable notice.

Power to re-
move.

SEC. 9. And be it enacted, That the trustees shall
have the general charge and superintendence of
the property, buildings, &c., and shall keep the
same in good repair and condition, and till which
property shall be exempt from taxation, and that
certificates of stock shall be issued which may be

Exempt from
taxation.