Chap. 835.—An ACT to amend sections 1586 and 1592 of the code of Virginia
in relation tothe Virginia agricultural and mechanical college.

Approved March 5, 1896.

1. Be it enacted by the general assembly of Virginia, That sec-
tions fifteen hundred and eighty-six and fifteen hundred and ninety-
two of the code of Virginia, edition of eighteen hundred and eighty-
seven, be amended and re-enacted so as to read as follows:

§ 1586. Payment of interest to the college and institute.—The
general assembly having accepted the donation of lands proffered to
Virginia by the act of congress of July second, eighteen hundred and
sixty-two, with the conditions and provisions therein contained, and
the authorities of the state having received from the government of
the United States the land scrip she was entitled to under said act
of congress, and the board of education having in conformity with
the acts of February seventh, eighteen hundred and seventy-two, and
March nineteenth, eighteen hundred and seventy-three, made sale of
the scrip and invested the proceeds in the purchase of state bonds,
which were directed to be set apart and to constitute an education
fund, the annual interest whereof was to be apportioned as follows,
that is to say, one-third thereof to the Hampton normal and agri-
cultural institute, and two-thirds thereof to the Preston and Olin
institute, on certain conditions in said act of March nineteenth,
eighteen hundred and seventy-two, named, one of which was that
the name of the said Preston and Olin institute should be changed
to the Virginia agricultural and mechanical college, which has been
done accordingly; and the general assembly having by act of Feb-
ruary twenty-sixth, eighteen hundred and seventy-seven, directed
the bonds aforesaid to be turned over to the second auditor, who was
required, in lieu of the same, to substitute a statement prepared and
signed in duplicate by the treasurer and countersigned by the second
auditor, showing the number, size, and character of said bonds, with
the amount of interest due on them severally, which statement was
to have all the validity and force of the bonds themselves, and that
the accruing interest should be paid in accordance with the acts
already referred to, all of which has been done; all of said acts and
the proceedings of the state officers thereunder are recognized as
valid and binding. And it being deemed advisable to add to the
name of the said college the words “and polytechnic institute,” so
that said college shall hereafter be known as the Virginia agricul-
‘aral and mechanical college and polytechnic institute, it is enacted
-hat the annual accruing interest as aforesaid shall continue to be
paid until otherwise provided by law, as follows, that is to say:
J one-third thereof to the Hampton normal and agricultural institute,
n the county of Elizabeth City, and two-thirds to the board of visi-
-ors of the Virginia agricultural and mechanical college and poly-
technic institute, in the county of Montgomery, on the conditions
prescribed as aforesaid.

§ 1592. Board of visitors, a corporation and under control of
yeneral assembly.—The said board of visitors shall be and remain a
corporation under the name and style of the board of visitors of the
Virginia agricultural and mechanical college and polytechnic insti-
tute, and shall at all times be under the control of the general
assembly. All acts and parts of acts relating to the Virginia agri-
cultural and mechanical college, or to the board of visitors of the
Virginia agricultural and mechanical college, shall be construed as
relating to the Virginia agricultural and mechanical college and
polytechnic institute or the board of visitors of the Virginia agri-
cultural and mechanical college and polytechnic institute.

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