CHAPTER 94

As Act to amend and reenact § 28-50, as amended, of the Code of Virginia,
relating to the board of visitors, corporate name and purpose and
powers of the Medical College of Virginia.
Be it enacted by the General Assembly of Virginia: |
1. That § 23-50, as amended, of the Code of Virginia be amended and
reenacted as follows:

§ 23-50. (1) Board of visitors.—(a) The Medical College of Vir-
ginia shall be continued, and the visitors thereof and their successors shall
be and remain a corporation under the name and style of the “Medical
College of Virginia’. The board of visitors shall consist of * twelve *
members, appointed by the Governor, from the State at large, and in
addition the Superintendent of Public Instruction, ex officio.

b) * The Governor shall appoint, subject to the confirmation of the
General Assembly, * three members of the board annually for a term of *
four years, each term beginning July first, * except in the case of vacancies
prior to expiration of terms when appointments shall be for the unexpired
terms. He shall, in addition, also appoint the Superintendent of Public
Instruction as an ex officio member so long as he shall remain Superin-
tendent. * Regular members hereafter appointed from the State at large
shall be eligible for service for two consecutive terms only, and after such
service may not be reappointed until at least one year has elapsed. There-
after, a regular member may be again appointed for a four year term,
but at least one year shall intervene between any two such terms.

(c) * The Alumni Association may submit to the Governor ninety days
before the expiration of any regular term of a member, or within ten days
after being notified by the Governor of a mid-term vacancy, a list of not
less than three persons whom they consider qualified and recommend for
appointment as successor for the new term or the unexpired term, as the
case may be. The Governor shall give careful consideration to any such
recommendation, but shall not be limited in his appointments to the person
so recommended. a |

* ee

(2) Purpose of corporation.—The corporation is formed for the pur-
pose of establishing and maintaining a medical college and such other
institutions connected therewith, to teach medicine, dentistry, pharmacy,
nursing and all the arts and sciences and branches of learning relating to
or connected with any of these subjects, and in connection therewith it is
empowered to maintain and conduct hospitals, infirmaries and dispensaries
and such other necessary kindred institutions as, in the opinion of the
board, are proper for its successful operation. :

(8) Corporate powers.—The corporation is vested with all the rights,
powers and privileges conferred upon and subject to all the provisions
relating to, similar corporations under the existing laws. of this State
so far as they are applicable.

(4) Property.— * The Medical College of Virginia may take, hold an
enjoy all the real estate and personal property now held or used by it
and such as may be necessary or convenient for the purposes for which
it was incorporated.

The board of visitors of the Medical College of Virginia, with the
approval of the Governor first obtained, is hereby authorized to sell and
convey any and all real estate (including easements for roads, streets,
sewers, water lines, electric and other utility lines or other purpose) to
which it has acquired title by gift, devise or purchase. The proceeds de-
rived from any such sale or sales shall be held by the College upon the
identical trusts, and subject to the same uses, limitations and conditions,
if any, that are expressed in the original deed or will under which its title
was derived, or if there be no such trusts, uses, limitations or conditions
expressed in such original deed or will, then said funds shall be applied
by the College to such purposes as the board may deem best for the College.

(5) Donations.—Every gift, grant, devise or bequest heretofore or
hereafter made to the Medical College of Virginia * or for its hospitals.
infirmaries and dispensaries for charitable, educational or humanitarian
purposes, by whatsoever name or description the college or its hospitals.
infirmaries or dispensaries may be designated by the donor, the corpora-
tion is empowered to receive, take, hold and enjoy the same for the uses
and purposes designated by the donor if he or she shall so designate, o1
for the general purposes of the corporation when the gift, grant, devise
or bequest is not so designated, whether the same be given directly to the
corporation or to trustees for its benefit. .

(6) Principal office; meetings; compensation; quorum.—The principal
office of the corporation shall be located, and all meetings of the board of
visitors held, as far as practicable, in the city of Richmond, Virginia. The
board shall fix the date for * its annual meetings * and such additional
meetings as it may deem advisable. Due notice of all meetings shall be
given to every visitor. Members of the board shall receive no compensation
for their services, but those not residing in Richmond shall be paid their
necessary expenses for attending the meetings of the board. A majority of
the members shall constitute a quorum.

(7) Election of officers; executive committee.—The board shall elect
a ° president, a secretary and a treasurer, both of which offices may be
held by the same person, * and comptroller of the corporation, * and such
other officers as it deems necessary or advisable, prescribe their duties, and
fix their compensation, and they shall hold office during the pleasure of the
board. They shall also appoint an executive committee, determine the
number thereof and the number which shall constitute a quorum, which
executive committee shall perform all such duties as are required of them
by the board and as could be performed by the board during the interim
between its meetings. The executive committee shall report * to the board
* the acts performed by it from time to time.

(8) Faculty.—The board shall appoint a faculty composed of as many
professors, associate or adjunct professors and teachers as are necessary
for the college, all of whom shall hold their offices during the pleasure of
the board, and they shall fix the compensation, if any, of each and all of
hese as they see fit.

(9) Management of corporation.—The board of visitors shall manage
he affairs of the corporation, care for its property, conduct its business,
sontrol its finances and shape its policy.

(10) Conferring of degrees.—The corporation shall have power, either
m its own initiative or upon the recommendation of a majority of the
‘aculty, to confer degrees of doctor of medicine, doctor of dental surgery
' bachelor of science in pharmacy, bachelor of science in nursing and such
ther degrees, or honorary degrees, as it may deem proper.

(11) Annual report.—The corporation shall make an annual report
© the Comptroller, as is required by law.

(12) Service of process.—Process against or notice to the corporation
nay be served only in the city of Richmond upon * the president of the
orporation, * the secretary or the treasurer.