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THOMAS H. HICKS, ESQUIRE, GOVERNOR.
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261
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cessors, be and are hereby created a body politic
and corporate, by the name and style of the Cam-
bridge Female Academy, and by that name and
style to have perpetual succession; said Academy
to be located in the town of Cambridge in the
county of Dorchester.
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SEC. 2. And be it enacted, That said corporators
above named, are hereby authorised to receive by
gift, grant or otherwise, real estate, money and
other valuables, on subscription or otherwise, for
the purpose of erecting the necessary buildings,
and providing the necessary means for the open-
ing and furnishing said Academy, and for that
purpose shall have full power to sue and be sued,
plead and be impleaded, and do all other things
in courts of law and otherwise, that are usually
given to such institutions, and shall have a com-
mon seal, and may make such constitution and
by-laws as they deem necessary, not inconsistent
with the constitution and laws of the United
States and of this State.
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Authorised to
receive by gift
or otherwise.
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SEC. 3. And be it enacted, That said Corpora-
tion shall have power to raise any sum not ex-
ceeding ten thousand dollars, in shares of twenty-
five dollars each, exclusive of sums received by
donation, bequest or otherwise.
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Power to raise
money.
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SEC. 4. And be it enacted, That the corporators
herein named, shall notify the stockholders as
soon as one thousand dollars are subscribed, to meet
on some Monday, within one month from the day
of notice, published in some newspaper in said
county, and elect from said stockholders nine
Trustees as follow: three for the term of one year,
three for the term of two years; and three for the
term of three years, and annually thereafter, there
shall be elected three trustees, for the term of
three years each, to hold office until their succes-
sors are elected and qualified; and at all of said
elections, each share shall entitle the stockholder
to one vote; as soon as said Trustees are elected,
the corporators herein named shall turn over all
books, papers, subscriptions, property of every
description, belonging to said corporation, to
said trustees, and said trustees shall have as full
and ample powers as are herein given to the origi-
nal corporators.
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Trustees to be
elected.
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