CHAPTER 198.

AN ACT to revise on act entitled an act to incorporate the La Grange Collegiate Institute, approved February 14th, 1852, and to change the name of said Institute to that of Ewing College."

6.

SECTION 1. Be it enacted by the Legislature of the State of Texas, That the above recited act be so revised and amended as hereafter to read as follows, to-wit: That Benjamin Shropshire, Fred Tate, J. B. McFarlana, G. W. Sinks, A. R. Renick, R. II. Lewis, James M. Evis, D. C. Gregory and Henry Renick and their successors in office be, and they are hereby constituted a Board of Trustees of an institution of learning, established at the town of La Grange, in the county of Fayette, under the supervision and control of the Colorado Synod of the Cumberland Presbyterian Church, which said institution is hereby incorporated by the name of "Ewing College," by which name it may sue and be sued, plead and be impleaded, and buy and sell property, real, personal and mixed, and hold the same.Said College may have a common seal for the transaction of its business, which seal it shall have the power to make and alter at pleasure.

Sec. 2. A majority of Trustees shall constitute a quorum to transact-all ordinary business for the corporation. They shall have power to make such by-laws as they may they may think necessary for the government of the College and its finances-elect their own officers, appoint their own committees, examine into any branch or department of said College, and to appoint or dismiss the President, Professors and Tutors of said College: provided, it shall require the concurrence of two-thirds of all the Trustees to elect or remove the President, or any one of the Professors.

SEC. 3. The Board of Trustees shall hold their offices until their successors are elected, and said Board shall be filled by the Colorado Synod of the Cumberland Presbyterian Church, at its meeting in the year one thousand eight hundred and sixty, and every two years thereafter: provided, that said Trustees shall be eligible to re-election, and provided further, that the Board of Trustees shall have the power to fill vacancies temporarily― but vacancies shall only be filled permanently by said Synod.

SEC. 4. The Trustees shall have the power to confer the usual degrees upon men distinguished in science and literature, and also upon the recommendation of the faculty, to confer the usual degrees upon deserving students, and to grant diplomas for the same: provided, that said diplomas shall be first signed by a majority of the faculty of said College.

Src. 5. The Trustees shall have the power to fix the salaries of all officers connected with said College: provided, it shall require, the concurrence of a majority of all the Trustees to fix or alter the salary of any officer.

SEC. 6. The President of the College shall be ex-officio President, of the Board of Trustees, and shall have power to convene therein whenever he may see proper, but shall have no vote in said Board except in case of a tie; anl no other member of the Board of Trustees shall hold any office in saïd College.

SEC. 7. The Board of Trustees shall have the power to establish a Preparatory Departinent as well as a College proper and also Professorships, Scholarships and Fellowships in said College: provid d, that the beneficiaries be subject to the same rules and by-laws of other students.

SE 8. No religious test shall be required of any President, Professor, Tutor or Scholar, nor shall any one be punished on account of his opinions, religious or political: provided that nothing herein contained shall prevent the infliction of suitable punishment for innioral conduct.

SEC. 9. Should the Board of Trustees hereafter see proper to establish a Theological Department in said College, the Professors thereof shall be elected or removed only by the Colorado Synod of the Cumberland Presbyterian Church, and said Professors shall not be subject to the first clause of the eighth tection of this act;

SEC 10. All donations and bequests to said College shall be good and binding, although the corporate name of said College may not have been properly stated by the person making such donation or bequest.

SEC. 11. The seal of the corporation, with the attestation of the Secretary, and the signature of the President, or, in his absence, a majority of the Trustees, shall be sufficient to authenticate any act of the corporation, ela mizera

SEC. 12. In all suits against said College, process shall be served on the President, or, in case of vacancy in said office, on the Secretary of the Board of Trustees

SEC. 13. A majority of the Trustees shall have the right to call a meeting of the Board of Trustees whenever they may think proper.

SEC. 14. The Board of Trustees shall annually report to said Synod the condition of said Clege, and of its finances. A

Sec. 15. The change of the name or said corporation shall not work a forteiture of any right, but the rights and obligations thereof shall remain the sanie as though such change had not taken place.

Sec. 16. This act shall be in force from its passage, and continue in force for twenty years. Approved 11th February, 1860.

CHAPTER 199

AN ACT to incorporate the Casino Association of “La Grange. SECTION 1. Be it enacted by the Legislature of the State of Taas, That A. Klienert, Charles Streithoff, J. C. Stiehl, Wil liam Hernes, H. Rohde and C. Fink of La Grange, county of Fayette, together with their associates and successors be, and they are hereby constituted a body politic and corporate for literary

social purposes and for the encouragement of Corporits,

under the naine and style of "The La Grange Casino," and by that name shall be capable of suing and being sued, of defendfing and being defended in any of the courts of this State, to acquire and hold estate real, personal and mixed, to encumber, sell or otherwise alienate the same, as said association may deem expedient: provided, the amount of property held by said corporation shall at no time exceed twenty-five thousand dollars..! SEC. 2. That said corporation shall elect a President, Secre tary and Treasurer and such other officers as its by-laws may ́provide. Lat

SEO. 3. That said corporation shall have power to ennet such rules and regulations for its government and do not conflict with tlie constitution and laws of this State, and may also adopt a comnion seal.pla

SEC 4. That said corporation shall have power to establish, manage and carry on in said town of La Grange, a free school, al to all it in doing so may give public exhibitions of plays &c, at the Casino building, and this charter shall continue Itwenty-five years.--li

SEC. 2. That this not take effect from and after its passage. Approved 11th February, 1860,

CHAPTER 200.

AN ACT to incorporate the Texas Mutual Insurance Company

at Bostor.

SECTION 1. Be it enacted by the Legislature of the State of Texas, John W. Leigh, William J. Wise, James C. Moore, John R. Rochelle and Robert J. Battle, their associates, successors and assigns be, and they are hereby declared to be a body politic and corporate, under the name and style of "The Texas Mutual Insurance Company at Boston," and by that name may sue and be sued, have a common seal, make by-laws, purchase, hold, improve and convey property, real, personal and mixed for the use and purposes of said corporation, and it shall be lawful for the corporation after the expiration of the charter, to use the corporate name, stile and capacity for the purpose of the final settlement of the affairs of said corporation and for the sale and disposition of its property, but for no other purpose: provided, that the real estate of said corporation shall not exceed in value at any one time, twenty-five thousand dollars.

SEC. 2. That the capital stock of said corporation shall be one hundred thousand dollars divided into shares of one hundred dollars each, the same to be paid in such manner and amounts and at such times, as shall be determined by the President and Directors at a regular meeting thereof, and if any stockholder shall after due notice and demand, neglect or refuse to pay any call or installment so required to be paid, he or she shall cease to be a member of said incorporation, and the share or shares of said stockholder shall be forfeited to said incorporation, but such forfeiture shall not release the holder thereof, nor his securities on the notes contemplated to be given in the eighth section of this act, from his or her liability on said notes to any person or persons having a just claim against the incorporation.

SEC. 3. That the persons named in the first section of this act shall be authorized to open books for subscriptions, and when the amount of stock required in the previous section of this act, shall have been taken, and secured as hereinafter provided for, said persons shall call a meeting of said stockholders at the town of Boston in Bowie county, giving personal notice thereof to said stockholders, or by publication in the Standard, published at Clarksville in the county of Red River, at least one month. before said meeting.

SEC. 4 That the stockholders may be represented in said. meeting and all others thereafter to be held, in person, or by proxy, appointed by power of attorney duly authenticated; that

at all meetings of said stockholders, the owners or representatives of stock, shall be entitled to one vote for each share owned or represented; that at said first meeting, said stockholders shall elect a President and a Directory, the number of which shail not be less than three nor more than nine, as may be then determined; that they shall have power to elect such officers as they may deem necessary and proper, and prescribe their duties; that a majority in amount of the stockholders, shall be necessary for an election of the President and Directory, and a majority of the Directory shall be a quorum to do business; that upon failure of the stockholders to elect any officer to fill an office established by them, or in case of vacancy by death or resignation, the President shall have the power to appoint, and the appointee may hold his office until the next regular meeting of the stockholders, all officers of said incorporation shall be entitled to such compensation as may be prescribed by the Directory.

SEC. 5. That it shall be lawful for the said corporation to employ the funds thereof in establishing and sustaining the business of marine and fire insurance, to insure against loss or damage by sea or fire, in whole or in part, or from any other risks as said Company may determine, any money, produce, merchandize, buildings, freights, steamboats, and other vessels and crafts, and to charge, collect and receive for the same, such premiums of insurance as the President and Directory of said Company shall establish provided, that said premiums shall not be at a rate higher than that charged in the city of New Orleans for like risks.

SEC. 6. That the shares of the stockholders of said incorporation shall be assignable and transferable upon the books of said Company, under such rules and regulations as may be prescribed by order of the Board of Directors.

SEC. 7. That the said corporation by order of the Directory, shall annually or semi-annually divide between the stockholders thereof any amount of money on hand, which is not needed for the business thereof, or in discharge of the obligations of said corporation, or the same be loaned provided, that the capital. stock of said Company shall not be lessened or impaired.

SEC. 8. That at the time of subscriptions for stock by any one, the person subscribing shall deliver to the person receiving such subscriptions, his note secured with two good personal sureties, or mortgage on real estate for the amount of stock so taken and subscribed, the sufficiency of which to be adjudged by one