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![handle is hein.ssl/ssma0540 and id is 1 raw text is: ACTS
PASSED AT THE SESSION BEGUN AND HELD AT BOSTON,
ON THE TWENTY-NINTH DAY OF MAY, A. D. 1754-
CHAPTER 1.
AN ACT FOR IMPOWERING.THE CORPORATION OF HARVARD COLLEGE,
IN CERTAIN CASES, TO ALIENATE LANDS OR OTHER REAL ESTATE,
AND TO MAKE SALE OF A FARM IN BILLERICA.
WHEREAS the president and fellows of Harvard College, by virtue Preamble.
of the charter of incorporation granted them by the general court of the
late colony of the Massachusetts in the year 1650, are impowered to
purchase and acquire to themselves, or take and receive upon free gift
or donation, any lands, tenements or hereditaments, not exceeding the
value of five hundred pounds per annum; but no power is given thema,
by the said charter, toalienate any lands or other real estate whatso-
ever; which in some cases may be necessary for promoting the good ends
designed in their incorporation,-
Be it therefore enacted by the Governour, Council and House of
Representatives,
[SECT. 1.] That where the president and fellows of Harvard College President and
are, or shall become, seized of any lands, tenements or hereditaments, %6dol r.
by. virtue of a judgment recovered on any mortgage, or by virtue of an to
execution for the satisfaction of a judgment in any personal action (the (I S.
time allowed by law for redemption being expired), it may and shall be
lawful[1] for the said president and fellows, and they are hereby author-
ized and impowered, with the advice' and consent of the overscen of
said college, to make sale of such lands, tenements and hereditanents,
or any part thereof, and to execute deeds effectual in law for conveying
the same; the monies arising by such sales to be applied to the uses in
the said charter mentioned, and to no other use or purpose whatsoever.
And whereas it hath been represented to this court that it would be
for the interest of the said college, if sale were made of a certain farm or
tract of land, belonging thereto, which is situated in that part of the
town of Billerica called Shawshin,-
Be it therefore enacted,
[SECT. 2.] That it shall be lawfil[l] for the president and fellows Presidents-c.,
of said college to make sale of the said farm or tract of land, and they tao
are hereby authorized to give and execute a good and sufficient deed or ierica.
deeds of conveyance of the same; the proceeds of such sale to be vested
in other real estate, which they may judge will be of greater advantage
to that society. [Passed June 7; published June 20.
(749]
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