Repository: UIHistories Project: Book - History of the University (Powell) [PAGE 585]

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History University of Illinois be sold or disposed of as required by the fourteenth section of this act. 9. The treasurer of said institution, always, and all other agents when required by the trustees, before entering upon the duties of their appointment, shall give bonds for the security of the corporation in such penal sum and with such securities as the board of trustees shall approve, and all process against the said corporation shall be by summons, and service of the same shall be by leaving an attested copy with the treasurer of said institution at least thirty days before the return day thereof. 10. The trustees of said institution shall not exceed six, exclusive of the president, principal, or presiding officer of said institution, who shall be ex-officio a member of the board of trustees. Said trustees shall be elected annually on the third Thursday in October, at such place within the county of Putnam, and under the direction of such persons as a majority of the trustees for the time being shall appoint, by a resolution to be entered on their minutes. 11. All elections shall be by ballot, and may be given in person or by proxy, allowing one vote to each share of the capital stock, and such persons at said election having the greatest number of votes, shall be trustees of said institution; and if at any election any two or more out of the six who have the greatest number of votes shall have an equal number of votes, so as to leave their election undecided, then the trustees who have been duly elected shall proceed by ballot, and by a plurality determine which of said persons so having an equal number of votes shall be trustee or trustees, so as to complete the whole number.