Sec.[Section] 1. Be it enacted by the People of the State of Illinois, represented in the General Assembly, That Lucien Farnam, Alby Smith, Nathaniel Chamberlain, Austin Bryant,

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John M. Gay, Butler Dunham, and Jeremiah Porter, and their successors be, and they are hereby created a body politic and corporate, to be styled and known by the name of the trustees of the Princeton Seminary, and by that name and style to remain and have perpetual succession with full power to make contracts, to accept, acquire, hold, and transfer property, real, personal, and mixed, to sue and be sued, plead and be impleaded in their corporate capacity, to make, have, and use a common seal, and alter and change the same at pleasure, and said trustees shall never exceed the number of fifteen: for the present, the above named individuals shall constitute the board of Trustees, who shall fill the remaining vacancies at their discretion.

Sec. 2. The object of said corporation shall be to promote the general interests of education, and to qualify young persons of both sexes for the several employments and profession of society, and for the honorable and useful discharge of the various duties of life.

Sec. 3. The Princeton Seminary shall be located at or near Princeton in Putnam county, and within the bounds of township sixteen north, and range nine east, of the fourth principal meridian, and all moneys, funds, and estate hereby vested in the trustees thereof, or which may be hereafter acquired by them in their corporate capacity, shall be held, used, and employed solely for the benefit of said institution.

Sec. 4. The trustees shall have full power from time to time to prescribe and regulate the course of study to be pursued in said seminary, to fix the rate of tuition and other seminary expenses, to appoint a president, professors, instructors, and such other officers and agents as they may deem necessary and proper in managing the concerns of the institution, to define their duties, powers and employments, to fix their compensation, to displace and remove either or all of the instructors, officers, or agents as said trustees may think the interests of the seminary may require to fill all vacancies among the instructors, professors, officers, and agents, to erect necessary buildings, to purchase books, maps, charts, globes, chemical and philosophical apparatus and other suitable means of instruction, to put in operation should they deem it proper, a system of manual labor under such regulations as they may think best to adopt for the purpose of diminishing the expense of education, and of promoting the health of the students, to make such rules and by-laws for the general management and regulation of the institution as they may judge expedient, and the same to annul, alter, or amend at pleasure, Provided, said rules and by-laws be not repugnant to the constitu-

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tion and laws of the United States or of this State, to confer on such persons as may be considered worthy such academical or honorary degrees as are usually conferred by similar institutions, and the said trustees shall have full power to do and perform any lawful matter or thing which they may deem conducive to the good of the institution, and consistent with the state of the funds thereof.

Sec. 5. If any trustee shall be chosen president of said seminary, his former place as trustee shall be considered as vacant, and his place filled by the remaining trustees, the trustees for the time being shall have power to remove any trustee from his office as trustee, for any dishonorable or criminal conduct, Provided, That no such removal shall take place on account of religious opinions, nor without giving to such trustee notice of the charges exhibited against him, and an opportunity to defend himself before the board, nor unless that two-thirds of the whole number of trustees for the time being, shall concur in such removal. The trustees for the time being in order to have perpetual succession, shall have power as often as a trustee shall be removed from office, die[,] resign, or remove out of the state, to appoint a resident of this State to fill the vacancy in the board. A majority of the trustees shall constitute a board competent to transact all business, except the permanent appointment or removal of officers, in which a concurrence of two-thirds of the whole board shall be necessary. The trustees shall have at least one stated meeting in every year, and should any trustee hereby appointed, or hereafter to be chosen, refuse to serve or fail to attend the meeting of the board for the term of one year after notification of his appointment, the seat of such trustee or such trustees shall be declared by the board to be vacant, and they may proceed to fill the vacancy.

Sec. 6. The trustees shall faithfully apply all funds collected or hereafter to be collected for said seminary, according to their best judgment, in erecting suitable buildings, in compensating the necessary instructors, professors, officers, and agents, in procuring books, maps, charts, globes, philosophical, chemical, and other apparatus necessary to aid in the promotion of sound learning in said institution, provided, That in case any donation, devise, or bequest, shall be made for particular purposes, accordant with the objects of the institution, and the trustees shall accept the same, every such donation, devise, or bequest, shall be expressly applied in conformity with the condition of the donator or devisor.

Sec. 7. The treasurer of said seminary always, and all other agents when required by the trustees, before entering upon the duties of their respective offices, shall give

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bond for the security of the corporation, in such penal sums and with such sureties as the board of trustees shall approve, and all process against the corporation, shall be by summons, and the service shall be by leaving an attested copy thereof with the treasurer, or at his office or place of abode at least thirty days before the return day thereof.

Sec. 8. The said seminary in all its departments, shall at all times be conducted on liberal and enlightened principles, and be equally open to all denomination of christians, and the profession of any particular religious faith, shall not be required of those who become students; any student however, may be suspended or expelled from said institution, whose habits are idle, vicious, or contumacious, or whose moral character is bad.

Sec. 9. The lands, tenements, and hereditaments, to be held in perpetuity, in virtue of this act, by said corporation, shall not exceed one thousand acres, provided however, That if donations, grants, or devices in land, shall from time to time be made to said corporation, over and above said one thousand acres, which may be held in perpetuity as aforesaid, the same may be held and received by the said corporation, for the period of five years from the date of every such donation, grant, or device; at the end of which time, if the said lands over and above the said one thousand acres, shall not have been sold by said corporation, then and in that case, the lands so donated, granted, or devised, shall revert to the donor, grantor, or the heirs of the divisor of the same.

Approved Feb. 21st, 1837.