Chap. 194.—An ACT to presrrvo the endowments of the colleges and
other literary institutions of this state, where they are held in the
obligations of the stute.

Approved March 3, 1882.

Whereas it is the duty of this state to cherish and main-
tain, in all proper ways, the institutions within her borders,
having for their object the education of her people—

1. Be it enacted by the gencral assembly of Virginia, That
the second auditor is hereby authorized and directed to draw
upon the public treasury, in favor of the proper authorities
of any incorporated college or other institution or seminary
of learning, academies or manual labor school in this state,
or the trustees who may hold obligations of this state for
any such college, or other institution or seminary of learn.
ing, academies, or manual labor school, or any department
thereof, for all interest which has accrued, or which may
hercafter accrue, and as the same may fall due, upon all obli-

tions of the commonwealth, or of the James River and

anawha company guaranteed by the commonwealth, held
by or for such college or other institution or seminary of
learning, academics, or manual labor school, or to which they
may have been entitled on the first day of January, eighteen
hundred and cighty-two, so long as they may continue to
hold the same: provided no interest sh: ll be paid upon any
bonds, the payment of which is forbidden by the constitu-
tp
2. The provisions of this act shall apply to tho obligations
of the state known as the Dawson fund, hold by the literary
fund in trust for educational purposes; and also to the divi-
dends on the stock of the old James river company, due and
payable, or which may hereafter become due and payable by
the commonwealth to such college, or other institution or
seminary of learning, and held as set forth in the first seo-
tion.

3. This act shall be in force from its passage.

Chap. 194.—An ACT to presrrvo the endowments of the colleges and
other literary institutions of this state, where they are held in the
obligations of the stute.

Approved March 3, 1882.

Whereas it is the duty of this state to cherish and main-
tain, in all proper ways, the institutions within her borders,
having for their object the education of her people—

1. Be it enacted by the gencral assembly of Virginia, That
the second auditor is hereby authorized and directed to draw
upon the public treasury, in favor of the proper authorities
of any incorporated college or other institution or seminary
of learning, academies or manual labor school in this state,
or the trustees who may hold obligations of this state for
any such college, or other institution or seminary of learn.
ing, academies, or manual labor school, or any department
thereof, for all interest which has accrued, or which may
hercafter accrue, and as the same may fall due, upon all obli-

tions of the commonwealth, or of the James River and

anawha company guaranteed by the commonwealth, held
by or for such college or other institution or seminary of
learning, academics, or manual labor school, or to which they
may have been entitled on the first day of January, eighteen
hundred and cighty-two, so long as they may continue to
hold the same: provided no interest sh: ll be paid upon any
bonds, the payment of which is forbidden by the constitu-
tp
2. The provisions of this act shall apply to tho obligations
of the state known as the Dawson fund, hold by the literary
fund in trust for educational purposes; and also to the divi-
dends on the stock of the old James river company, due and
payable, or which may hereafter become due and payable by
the commonwealth to such college, or other institution or
seminary of learning, and held as set forth in the first seo-
tion.

3. This act shall be in force from its passage.