Repository: UIHistories Project: Book - History of the University (Powell) [PAGE 590]

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Bills and Acts to Establish an Educational Institution

549

2d. An agricultural department, for the benefit and instruction of farmers and the sons of fanners, and of all others interested in the science or arts of agriculture and horticulture. 3d. A mechanical department, for the benefit and instruction of mechanics and the sons of mechanics, and of all others interested in and desirous of acquiring knowledge of architectural and mechanical science and the mechanic arts, and the use and application of mechanical power. To these departments others may be added from time to time, as the wants of the people may require, and the funds and means of the institution will justify, so that finally the university may become a place of resort for acquiring an accomplished and finished education in all useful, practical, literary, and scientific knowledge. FUNDS. 12. For the endowment of the university, three separate funds shall be created and applied to carry out and promote the objeets of the institution, to-wit: 1st. A donation fund, to consist of moneys to be raised from private resources, through the aid and instrumentality of the six trustees first above named; and the acceptance of this charter shall make it the duty of those six trustees to raise or obtain at least twenty thousand dollars for this fund; and the corporation shall not be entitled to have or receive any money or funds from the state until the said sum of twenty thousand dollars shall be obtained and secured, either in money or negotiable paper or other property, for the benefit of the institution. 2d. A seminary or normal school fund, to consist of the present seminary fund of the state, to be devoted exclusively to the seminary or normal school department, of which twenty-five thousand dollars may be used, appropriated, and expended in the erection of buildings, and obtaining a suitable apparatus, library, and so forth; and the residue of said seminary fund shall be reserved, and the interest or income thereof shall be applied to the support of professors and teachers, and to defray the expenses of seminary or normal school department.