1937-227-1
SEC. 1. That section 1 of the last above entitled act be and the same
is hereby amended to read as follows, to wit: Section 1. That Edward
Frederick Sorin, Francis Lewis Cointet, Theophilus Jerome Morivault,
Francis Guesse, and their associates and successors in office, be, and
are hereby constituted and declared to be a body corporate and politic,
by the name and style of the University of Notre Dame Du Lac, and by
that name they shall have perpetual succession, with full power and
authority to confer and grant, or cause to be conferred and granted,
such degrees and diplomas in the liberal arts and sciences, and in law
and medicine, as are usually conferred and granted in other universities
of the United States: Provided, however, That no degrees shall be
conferred or diplomas granted except to students who have acquired
the same proficiency in the liberal arts and sciences, and in law and
medicine, as is customary in other universities in the United States; to
elect a president and all such other officers, professors, instructors, and
agents as they may think necessary for the benefit of said university; to
contract and be contracted with; to borrow money; to acquire, hold,
enjoy, and transfer property, real or personal, in their corporate
capacity; to make, have and use a common seal, and the same to alter
at pleasure; to sue and be sued, to plead and be impleaded in any court
of law or equity; to receive and accept of any grants, gifts, donations,
bequests, or conveyance by any person, company, or corporation, of
any property, real or personal, and to hold and convey, and dispose of
the same as may by them be deemed best for the interest of said
institution; to make, ordain, establish, and execute such by-laws, rules,
and ordinances not inconsistent with the Constitution and laws of the
United States, or of this state, as they shall deem necessary for the
welfare of said university, and to do all other acts in pursuance thereof
necessary for the promotion of the arts and sciences, and the prosperity
of said university; provided that said corporation shall be known as and
be a charitable, religious, educational and eleemosynary, nonstock
corporation and one not organized for profit.
