Chap. 27.—An ACT to incorporate the Jefferson University.
Approved December 19, 1901.

1. Be it enacted by the general assembly of Virginia, That T. 5. Dovle,
L.. G. Doyle, Ivan Stephens, H. M. Henkel, R. H. Stephens, and such
other persons as may hereafter be incorporated with them, be, and are
hereby, created, incorporated, and made a body politic and corporate un-
der the name and style of the Jefferson University.

J. For the purpose and with the power of establishing and conducting
in Basic City, Virginia, or elsewhere within the State of Virginia, schools
of instruction in English, modern and ancient languages and literature,
mathematics, science, mental and moral philosophy, and such other
branches of learning as are commonly taught in schools and colleges of
the highest grade.

IT. Said incorporators, or their duly appointed agents, shall have full
power to prescribe courses of instruction in any of the schools which they
mav establish, and to give under the corporate seal of the university cer-
tificates of proficiency, diplomas, or degrees to students who may take the
courses of study prescribed for the certificate, diploma, or degree sought.

II. The incorporators of the said Jefferson University shall have per-
petual succession and a corporate seal, which the said incorporators may
alter or amend at their pleasure. Thev may, in their corporate name,
sue and be sued, implead and be impleaded, contract and be contracted
with, and shall have power to receive and hold to themselves and their
successors forever anv lands, tenements, rents, goods, or chattels of what
kind soever, whether obtained by purchase or devise or gift to them, for
the use of said Jefferson University. And they shall, in their corporate
capacity, have power to sell, lease, rent, or otherwise dispose of the same
in what manner soever may seem best to them for the interests of the
university.

The capital stock of said corporation shall consist of not less than five
thousand dollars nor more than ten thousand dollars, to be divided. into
shares of twenty-five dollars each.