Chap. 387.—An ACT to incorporate Fredericksburg college.

Approved February 16, 1900.

1. Be it enacted by the general assembly of Virginia, That F. P.
Ramsay, W. N. Mebane, and R. L. Ramsay, and their associates and suc-
cessors, as hereinafter provided as trustees, and for the purpose of con-
ducting an institution or institutions of learning, be, and hereby are,
constituted a body corporate under the name and style of Fredericksburg
college, and by that name shall have perpetual succession and a common
seal; may sue and be sued, plead and be impleaded, with power to hold,
receive, and acquire land, tenements, money, and other chattels, and
to manage and dispose of the same as shall seem best for the purpose
aforesaid.

2. Said trustees shall have all powers needful for the purpose afore-
said, including power to appoint agents, officers, and instructors; to take
from their treasurer and from fiduciary agents such bonds or securities
as may seem proper; to regulate all fees and salaries (but no one shall
receive compensation for his services as trustee); to establish such by-
Jaws, rules, and regulations (not contrary to the laws of this state or
of the United States) as they deem proper, for the direction of them-
selves as trustees and for the government of said institutions, and to
confer literary degrees.

3. The number of trustees shall never be less than three nor more
than fifteen. A majority, unless by previously enacted by-law, shall
constitute a quorum. The trustees shall determine when vacancies occur
in their own number, and shall fill such vacancies, but this discretion in
filling such vacancies may be limited by previous contract with donors.

4. This charter shall be in force as soon as said F. P. Ramsay and
wife, or their grantees, deed to said corporation the title to their build-
ing, situated in Fredericksburg, Virginia, and known as the Fredericks-
burg college building, and to the ground on which said building stands.

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