Chap. 2.—An ACT to amend the charter of the Virginia Mechanics Institute so
as to authorize the same to acquire and hold real estate, etc.

Approved December 17, 1901.

1. Be it enacted by the general assembly of Virginia, That W. J.
Whitehurst, Mann S. Quarles, W. E. Simons, Henry 8S. Hutzler, Edward
P. Valentine, L. T. Christian, Edward R. Archer, Edgar H. Fergusson,
Joseph B. Welsh, Thomas C. Williams, junior, John W. Rothert, J. D.
Crump, Marx Gunst, Thomas F. Jeffress, J. J. Montague, John Cham-
blin, P. F. Greenwood, A. Bargamin, Henry E. Holms, E. J. Bosher,
H. M. Starke, J. T. Jobson, and William S. Morris, their associates and
successors, be, and they are hereby, constituted and created a body politic
and corporate under the name of “Virginia Mechanics Institute,” and
as such shall have perpetual succession and a common seal, which it may
alter at its pleasure ; the right to sue and be sued, plead and be impleaded,
contract and be contracted with, and to hold such real estate in the city
of Richmond and elsewhere as may be necessary for the purposes of the
corporation, not exceeding twenty-five acres. The said corporation is
hereby empowered to receive and hold gifts and bequests made to it, and
to make such investments of its funds as its board of directors may deem
wise and judicious.

2. The corporation is formed for the purpose of educating and train-
ing students in the scientific and mechanical arts, the encouragement and
promotion of inventions and industrial exhibitions in the city of Rich-
mond and the State of Virginia, and other scientific, educational, and
benevolent purposes. It affairs shall be under the control and manage-
ment of a board of directors, consisting of twenty-four members, whe
shall be elected annually by the members of the corporation. The parties
named herein as incorporators shall constitute the board of directors ot
the corporation until the first annual meeting of the members of the cor.
poration, to be held on the second Tuesday in July, nineteen hundred and
two. The board of directors shall have power to elect officers and teach-
ers for the school, and to remove the same at their discretion. They shall
also have the usual powers conferred on boards of directors by the laws
of the State of Virginia, and the general conduct and management of the
affairs of the corporation.

3. All graduates of the institute who shall pay the annual dues fixed
by the by-laws, and such contributing members as may be elected by the
board of directors, shall be members of the corporation, and shall have
the right to participate in the election of a board of directors and the
adoption of such by-laws as may be necessary for the government of the
institute.

4. That all acts done by the said institute under the charter and
amended charter granted by the circuit court of the city of Richmond are
hereby ratified and approved, and all property acquired by the corpora-
tion created by the orders of the said circuit court of the city of Rich-
mond is vested in the corporation hereby created, which is empowered to
hold the same, to sell, exchange, mortgage, and encumber it whenever
authorized so to do by a resolution of its board of directors.

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