Sec[Section] 1^st. That Frederick Wilmans [?] Thomas [Shannon?], W^m Wilson E B Webb John M Robinson Josiah Stewart, Daniel Hay and James Ratcliff and their successors, be and they are hereby created a body politic and corporate, to be styled and knon by the [name?] of “The Trustees of the Carmi Accademy” [and?] by that style and name to remain and have perpetual succession. The said Accademy shall be and remain at or near Carmi in the County of white and state of Illinois. The number of trustees shall not exceed [eleven?] ^twelve^ of [...?] of the one of whom shall be the President of the board, to be chosen by the Trustees. For the present the above named individuals shall constitute the board of trustees, who shall fill the remaining vacancies at their [discretion?]

Sec 2^d The object of said corporation [shall?] be the promotion of the general inter. . . education.

Sec^[t?][Section] 3^d The corporate powers hereby bestowed . . . be such only as are essential or [useful?] in the attainment of said object, and such as are usually confered on similar bodies [corporate?] to wit, To have perpetual succession, to make contracts, to sue and be sued, implead and be

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[impleaded?] to grant and receive by its corporate name and to do all other acts as natural persons may: to accept, acquire, purchase or sell real property, real, personal and mixed in all lawful ways, to use, employ, manage [and?] dispose of all such property, and all money [belonging?] to said corporation in such manner [as?] shall seem to the trustees best adapted to promote the objects before mentioned; to have a common seal, and to alter or change the same, to make such by laws for its regulation as are not inconsistant with the constitution and laws of the united states or of this State and to confer on such persons as may be considered worthy such academical or honorary degrees as are usually confered by similar [institutions?].

. . . [The?] trustees of said corporation shall have [aut]hority from time to time to prescribe and regulate . . . course of studies to be pursued in said a accademy, to fix the rate of tuition and other academic expenses, to appoint instructors and such other officers and agents as may be necessary in managing the concerns of the institution, to define their duties, to fix their

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compensation and to displace or remove [them?] to erect necessary buildings, to purchase books, chemical and philosophical apparatus and other suitable means of instruction, to make rules for the general management of the affairs of the institution, and for the regulation of the conduct of the students.

Sec 5. The trustees for the time being in order to [?] perpetual succession shall have power to fill any [vacancy?] which may occur in the board, from death, [?] resignation or any other cause. A majority of the trustees for the time being shall be a [quorum?] to do business.

Sec 6 The trustees shall faithfully apply all [?] by them collected or hereafter collected, in [...?] ^[?]^ buildings

It shall be the duty of said trustees to [appoint?] one of their number treasurer to the board [who?] shall be required to give bond ^with sufficient security^ in such penal [sums?] as the board may prescribe conditioned for [...?] the performance of such duties as the by [laws may?] require of him

Sec 7. The said institution shall be [open?] to [?] denominations of christians, and the [profession?] of any particular religious faith, shall not [be?] required of those who become students, all persons however, may be suspended or expelled from [said?] institution by the trustees thereof whose [habits?]

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are idle or vicious or whose moral character is bad

Sec 8. The lands tenements and hereditaments to be held in perpetuity by virtue of this act by said corporation shall not exceed six hundred and forty acres. Provided however, That if any donations grants or devises in land shall from time to time be made to said corporation over and above the said Six hundred and forty acres which may be held in perpetuity as aforesaid, the same may be received and held by said corporation for the period of five years from the date of any such donation, grant or devise at the end of which time, if the said land shall not have been sold by the said corporation then, and in that case, the said land so donated granted or devised, shall revert to the donor grantor, or the heirs of the devisor of the same.