Chap. 375.—An ACT to amend and re-enact section 2 of an act entitled an act
to incorporate Ingram institute, approved March 1, 1892.

Approved February 18, 1896.

1. Be it enacted by the general assembly of Virginia, That section
two of an act entitled an act to incorporate Ingram institute, be
amended and re-enacted so as to read as follows:

§ 2. The said corporation shall have power to acquire by purchase,
gift, devise, or bequest property, real and personal, and the same
from time to time to sell, convey by sale, in fee simple or in trust,
mortgage, encumber, charge, pledge, grant, lease, sub-lease, alien,
and dispose of; to receive endowments and create scholarships upon
such terms and condition as it may deem proper, and holding, issu-
ing, controlling, encumbering, and disposing of said property for the
sole use and benefit of the Ingram institute. The said institute
shall have perpetual succession and a common seal, which it may
alter or amend at its pleasure, and may in its corporate name sue
and be sued, plead and be impleaded, contract and be contracted
with ; provided that said institute shall not at any time acquire and
hold real or personal property exceeding in value the sum of fifty
thousand dollars.

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