23-145 - Governmental aid; donations, endowments, etc. - Virginia Statutes

§ 23-145. Governmental aid; donations, endowments, etc.

The authorities of the Institute shall likewise accept from the Commonwealthand from the federal government, or either, such aid in the maintenance andconduct of the nautical school as may be offered and which may be for thebest interest of the school, including a suitable vessel with her apparel,charts, books and instruments of navigation, and may receive from otherproper sources such funds, properties, donations and endowments as may begiven, subscribed, loaned or bequeathed for the support and maintenance ofthe nautical school, and all moneys so appropriated or donated, subscribed orbequeathed shall be used or expended in accordance with the provisionsgoverning the same, provided such use or expenditures shall further thepurpose of the school and promote its usefulness and service.

(1932, p. 885; 1938, p. 487.)