Chap. 152.—An ACT to amend the Charter of the Valley Union

. Education Society of Virginia, and to Change the Name thereof to
Hollins Institute, and to Legalize the Acts and Proceedings of the
Trustees of Hollins Institute.

Approved March 8, 1875.

_ 1. Be it enacted by the general assembly, That the act,
passed December the nineteenth, eighteen hundred and fifty-
five, entitled an act to amend the charter of the Valley
Union Education Society of Virginia; and to dhange the
name thereot to Hollins Institute, as amended by the several
acts amendatory thereof, passed respectively, February the
fourteenth, eighteen hundred and fifty-six, and February the
eleventh, eighteen hundred and fifty-eight, together with the
preamble thereto, be amended and re-enacted so as to read
as follows:

Whereas it is represented to the general assembly that at
a regular meeting of the Valley Union Education Society of
Virginia, beld on the fifth day of July, eighteen hundred
and fifty-five, of which meeting legal notice was duly given,
it was unanimously resolved to petition this body to revise
and amend their charter so as to vest their property in a
self-perpetuating board of trustees; therefore,

1. Be it enacted by the general assembly, That the charter
of the Valley Union Education Society of: Virginia, granted
on the thirteenth day of January, eighteen hundred and
forty-four, be and the same is hereby repealed, and the fol-
lowing substituted therefor:

§ 1. That George P. Tayloe, Joseph R. Harrison, William
H. Pleasants, Joseph A. Turner, John 8S. Tompkins, James
A. Mundy, DeWitt C. Boothe, Edward M. Armstrong, John
M. Evans, Robert B. Moorman, Thomas Lewis, James Chal-
mers, Colin Bass, Jeremiah K. Pitzer, Palmer St. Clair,
George P. Luck, James A. Davis, William E. Walkup, John
W. Johnston, Michael Graybill, Gabriel Gray, J. William
Jones, C. C. Bitting, Jabez L. M. Curry, H. A. Tupper, Wil-
liam A. Miller, Benjamin H. Nowlin, William D. Thomas,
Ejiward S. Joynes, James H. Otey, W. D. Rice, William §E.
Hatcher, and W. A. Montgomery be, and they are hereby
constituted trustees of Hollins Institute, who, and their suc-
cessors, shall be a body corporate under the name and style
of Hollins Institute, who shall have perpetual succession and
a@ common seal; may suc and be sued, implead and be im-
pleaded; and may take, receive, and hold, by purchase,
devise, transfer or gift, lands, tenements, rents, goods, and
chattels, for the benefit of said institute to an aggregate
value not exceeding three hundred thousand dollars, with
full power to manage, use, sell, rent or otherwise dispose of
the same, as to them may seem best for said institute.

§ 2. The institution of learning formerly known as The
Valley Union Seminary, and known since the said act of
December the nineteenth, eighteen hundred and fifty-five,

as Hollins Institute, situated at Botetourt Springs, in Roan-
oke county, Virginia, together with all and singular the pro-
perty, rights, claims, privileges, and appurtenances, which
belonged or appertained, belongs or appertains, or which
may ‘hereafter at any time accrue, either to the Valley
Union Education Society of Virginia, or to the trustees of
Hollins Institute, bodies corporate, under and by virtue of
the several acts hereinbefore recited, shall be and the same
are hereby transferred to and vested in the said Hollins In-
stitute; saving however, to the members of the Valley
Union Education Society of Virginia, and to all persons
whomsoever, any and all rights, remedies, and liens, in,

against, and upon said institution of leasing ¢ property, rights,

claims, privileges, and appurtenances, which may have here-
tofore lawfully vested in, or been acquired by them, or any
or either of them, and of which they have not divested or
deprived themselves, or been lawfully divested or deprived.

p 3. The said trustees shall have power to appoint and re-
move officers for their own body, and a faculty of instruc-
tion for said institute, and to regulate all fees ‘and salaries.
The office of trustee, in any case, shall be absolutely vacated
by death or removal from’ the state of Virginia. The said
trustees may, at any annual or other stated meeting, remove
any member of their body for any other cause deemed good
by them; and they may, at any meeting, accept the resigna-
tion of any member of their body for any other cause
deemed good by them; and they may, at any meeting, accept
the resignation of any member of their body: provided, that
the number of trustees shall never be less than thirteen, nor
more than thirty-three. Any vacancy or vacancies in the
maximum number of trustees, however occasioned, may be
filled at any annual or other stated meeting: provided, that
such vacancy or vacancies shall have been officially declared
by the trustees, and regularly noted in their minute book at
some previous meeting, at least thirty days before such an-
nual or other stated meeting.

§ 4. The said trustees shall have power to make, from time
to time, by-laws and regulations not contrary to the laws of
the land. There shall be annual and. other stated meetings
of the trustees at such times and places as their by-laws
shall prescribe. There may be special ineetings at the call
of their presiding officer, or of any three trustees, due notice
of all such meetings being given.

§ 5. Seven trustees shall constitute a quorum for the trans-
action of business, and a less number may adjourn from time
to time till a quorum be had. But no sale-or encumbrance,
whether by mortgage, deed of trust or otherwise, of any
real estate belonging to said institute shall be authorized or
made; nor shall any officer or member of the faculty of in-
struction for said institute be either elected or removed; nor
shall any trustee be removed from office, unless at leagt thir-
teen of the trastees shall be present and concurring therein.
§ 6. The said trustees shall elect a treasurer, who shall
give bond in such penalty, and with such security, as they
shall require, payable to Hollins Institute, conditioned faith-
fully to perform the duties of his office; and on failure so to
do, tue said treasurer, his surety or surcties, his or their
executors and administrators, may be proceeded against by
motion, upon ten days’ notice, in any court of record of this
cominonwealth.

§ 7. The said trustees, in connection with the faculty of
the said institute, shall have power to confer such diplomas
and literary titles as they may think best calculated to pro-
mote the cause of education. °

§ 8. The said trustees shall have power, either by them-
selves or their agents, to take and receive subscriptions for
said institute; and in case any person shall fail to pay his or
her subscription, already made to the trustees of Hollins In-
stitute, or which may hereafter be made to Hollins Institute,
to enforce the payment thereof by warrant before a justice
or by motion, upon ten days’ notice, in any court of record
in this commonwealth, according to the amount of such sub-
scription.

§ 9. In the event of the final abandonment of said insti-
tute as a seat of learning, and the sale of its property, the
proceeds shall be at the disposal of the said trustees and
their successors, and shall be so appropriated by them, at
least thirteen of their number being present and concurring
therein, as in their estimation shall best promote the in-
terests of education in Virginia, having, at the same time, a
just regard to the probable views and wishes of the chief
friends and promoters of the said institute, and of its parent,
the Valley Union Education Society of Virginia.

§ 10. All acts, proceedings, deeds, and contracts, whether
executed or executory, heretofore done, transacted, delivered,
and entered into by the trustees of Hollins ‘Institute and
their lawful agents or attorneys, and all rights, remedies,
and liens heretofore acquired by or against the said trustees,
that is to say, on and after December the nineteenth, eigh-
teeu hundred and fifty-five, shall be taken and held to be,
and to have been at all times, of the same force, virtue, and
effect, in all respects, as if their original charter, granted by
the aforesaid act, passed December the nineteenth, eighteen
hundred and fifty-five, had been enacted in the precise terms
engrafted or intended to be engrafted thereupon by the last
aforesaid act amendatory thereof, passed February the
eleventh, eighteen hundred and fifty-eight, and as if the first
aforesaid act amendatory thereof, passed February the four-
teenth, eighteen hundred and fifty-six, had never been en-
acted.

§ 11. The title of this act shall be, an act to amend the
charter of the Valley Union Education Society of Virginia,
and to change the name thereof to Hollins Institute, and to
legalize tho acts and proceedings of the trustees of Hollins
Institute.

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