An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1887/1888 |
---|---|
Law Number | 241 |
Subjects |
Law Body
Chap. 241.—An ACT to incorporate the Lynchburg Baptist seminary.
Approved February 24, 1888.
1. Be it enacted by the general assembly of Virginia, That
J.B. Smith, William Thornton, J. M. Young, R. M. Smith,
P,H. A. Braxton, C. H. Newman, E. Royal, 8. W. Nedden,
P. Smith, P. W. Oliver, D. C. Dean, F. Cook, and W. M. Rob-
inson, who shall be the first class; A. Truatt, J. Herndon,
John Jones, H. Jameson, William Troy, senior, J. M. Armis-
tead, H. C. Robinson, R. Spiller, M. Laud, H. H. Mitchell,
R. H. Porter, W. B. Johnson, and J. H. Ferguson, who shall
be the second class; and George E. Pritchard, S. Green, C.
W.B. Gordon, A. Forbes, A. Gordon, H. Williams, junior,
W. Hughes, A. Pride, P. F. Morris, T.,G.-Gladman, R. T.
Hill, S. H. Dismond, J. C. Farley, J. E. Farrar, and John
Mitchell, junior, who shall be the third class, and their suc-
cessors, and such others as under the terms of this act may
be associated with them, shall be and hereby are created a
body corporate under the name and style of the Lynchburg
Baptist seminary, and as such have all the powers, rights,
privileges, immunities, and franchises granted by the laws of
Virginia to corporations of this character.
2. The corporators above named shall constitute a board
of managers, in whom shall be vested the power, through
such officers, agents and employees and committees as they
may designate, to organize, control, manage and operate the
institution hereby incorporated. Those of said corporators
named as the first class shall constitute a first class in said
board of managers, and their term of office shall expire on
the thirty-first day of May, eighteen hundred and eighty-
nine. Those named as the second class, shall constitute a
second class in said board of managers, and their term of
office shall expire on the thirty-first day of May, eighteen
hundred and ninety. Those named as the third class shall
constitute a third class in said board of managers, and their
term of office shall expire on the thirty-first of May, eigh-
teen hundred and ninety-one. The successors of each class
of said board shall be elected by the board, but in making
such election, the class, the successors of which are being
elected, shall not be permitted to vote. The term of office
of each class, after the expiration of the term, the limit of
which is herein specifically fixed, shall be three years, and
vacancies in said classes shall be filled by the board of
managers for the residue of the term of the person whose
place is being filled.
3. The board of managers shall have power to elect its
own president and other officers; to establish rules, by-laws,
and regulations for its government and control; to organize
said Lynchburg Baptist seminary, and to appoint its officers,
professors, servants, and agents; to locate said seminary and
to build suitable buildings for its use and occupation; to es-
tablish the curriculum of said seminary, fix the character of
its instruction, and the requisites for the degrees to be con-
ferred by it; and to do any and all acts which are necessary
to the establishment and maintenance of a university, college,
seminary, or other institution of learning.
4, The said Lynchburg Baptist seminary shall have power
to purchase, hold, sell, and convey real estate for its pur-
poses, not to exceed in amount one hundred acres, and to
acquire and hold personal property not to exceed one million
dollars in value. And it shall have power to borrow money,
execute and issue its bonds therefor, and to execute any
‘mortgage or deed of trust which may be requisite to secure
the same.
5. This act shall be in force from its passage.