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CHAPTER 62 An act te incorporate the Farmers Co-operative School of North Carolina. The General Assembly of North Carolina do enact :
That J. T. Eaton, T. C. Davis, A. C. Davis, J. J. Royal, W.L. Arendell, T. D. Webb, A. S. Willis, Silas Webb and Daniel Bell, their associates and successors, be and they are hereby created a body politic and corporate for the purpose of maintaining a school of high grade in or near the town of Morehead City, county of Carteret, State of North Carolina, for the intellectual development and training of the white children, under the name and style of the Farmers Co-operative School Company,.and in that name may sue and be sued, may plead and be impleaded, contract and be contracted with, acquire, hold and convey in their corporate capacity property, personal and real, and exercise all acts in relation thereto incident to the ownership of personal property and real estate.