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CHAPTER 393 AN ACT TO AMEND CHAPTER 400 OF THE PRIVATE LAWS OF NORTH CAROLINA, SESSION OF 1913, AND CHAPTER 234 OF THE 1961 SESSION LAWS OF NORTH CAROLINA, WHICH TO- GETHER CONTAIN THE LEGISLATIVE CHARTER OF THE MOSES H. CONE MEMORIAL HOSPITAL. WHEREAS, a legislative Charter was granted to The Moses H. Cone Memorial Hospital under Chapter 400 of the Private Laws of North Caro- lina, Session of 1913, and was amended by Chapter 234 of the 1961 Session Laws of North Carolina, and this legislative Charter, as so amended, now provides for the governance of the said corporation by a board of trustees consisting of 15 members who are appointed and elected for four-year terms; and WHEREAS, 11 of these 15 trustees, or more than two thirds of the entire board of trustees, are now appointed and elected at one time every four years, so that the present arrangement permits the possibility of an almost complete turnover in the membership of the board of trustees at each such four-year interval which would destroy continuity of service on the said board of trustees; and WHEREAS, the Governor of North Carolina is now required to appoint three members of the said board of trustees every four years, and the obligation of the Governor of North Carolina to make these appointments for this corporation simply adds one more burden to the already heavy burdens of his office; and WHEREAS, the Board of Trustees of The Moses H. Cone Memorial Hospital now deems it advisable to relieve the Governor of North Carolina 407 from any obligation to appoint trustees for the said corporation, and to arrange that the three trustees formerly appointed by the Governor of North Carolina shall henceforth be elected by the members of the board of trustees in office from time to time; and also deems it advisable to assure continuity of service on the said board of trustees by arranging for the trustees to serve staggered terms of three years with five of the 15 trustees to be appointed and elected each year: Now, therefore, The General Assembly of North Carolina do enact:
This Act shall become effective upon its ratification. In the General Assembly read three times and ratified, this the 11th day of May, 1967 S. B. 331