An Act in relation to the agricultural, mining, and mechanical college of this State.

Approved March 18, 1891, 72

4656. University Established.

SECTION 1. The State University of this State was, and now is, established in accordance with the provisions of the Constitution of the State of Nevada, and also in accordance with the provisions of an Act of Congress, approved July second, eighteen hundred and sixty-two, entitled "An Act donating public lands to the several States and Territories which may provide colleges for the benefit of agriculture and the mechanic arts," and Acts amendatory thereof or supplemental thereto. 4657. Powers of Regents-Proceeds of Land Grants.

SEC. 2. The Board of Regents of said State University and agricul tural, mining, and mechanical college are the proper trustees of same to receive and disburse all appropriations made to this State under the provisions of an Act to apply a portion of the proceeds of the public lands to the more complete endowment and support of the colleges for the benefit of agriculture and mechanic arts, established under the provisions of an Act of Congress, approved July second, eighteen hundred and sixty-two; approved August thirty, eighteen hundred and ninety, and all appropriations hereafter to be made under said Act.

4658. Regents to Report to Governor.

SEC. 3. Said Board of Regents shall make a report at the end of each fiscal year, in connection with its annual report to the Governor, of other State University matters, including the amounts received and disbursed under the provisions of this Act. The Governor shall transmit all said annual reports to the Legislature.

4659. Land Grants Accepted.

SEC. 4. The Legislature of Nevada hereby gratefully assents to the purposes of all grants of money made heretofore, and all which may hereafter be made to the State of Nevada by Congress, under the Act of Congress, the title of which is recited in section 2 of this Act, and agrees that the same shall be used only for the purposes named in said Act of Congress, or Acts amendatory thereof or supplemental thereof.

An Act supplemental to an Act entitled "An Act relating to the State University and matters properly connected therewith," approved February 7, 1887.

Approved March 16, 1895, 76

4660. Analysis of Minerals-Record of, to Keep.

SECTION 1. It shall be the duty of the President of the State University, in addition to his other duties as fixed by law, to cause to be analyzed by an assistant, teacher or teachers employed at the State University, any ores, mineral, soil or water taken from within the boundaries of the State of Nevada, and sent by any citizen of said State for that purpose. Any citizen of the State may send any such substance and have the same analyzed free of charge, and the result of the same returned to him by mail with as near as possible an explanation of their

uses and value in market, and there shall be kept at the State University a book of record, open for inspection, under such rules as may be made by the Regents, of all mineral, ores, or other matters so sent with the history of such mineral or other matters, stating the name of the person or persons from whom received, the district and county from which it came, and all other matters that may be beneficial touching the same. A duplicate of the sample analyzed, as far as practicable, shall be kept at the University properly labeled so as to correspond to the record, and properly preserved.

4661. Duplicate Sent, When.

SEC. 2. If the same kind of matter for analysis is sent from the same place, it shall not be necessary to analyze the same, but a duplicate of the analysis shall be sent by mail to the person desiring the same.

4662. Samples Analyzed in Order Received.

SEC. 3. Samples for analysis shall be analyzed in the order received. 4663. Sample Assays for Gold and Silver, How Returned.

SEC. 4. Sample assays for gold or silver shall be made, and when the value per ton exceeds five dollars in gold, the returns shall state the fact thus, "Test for gold." And when the value per ton exceeds five dollars in silver, the returns shall state the fact thus, "Test for silver." As amended, Stats. 1897, 91.

An Act to commission the officers of the cadets of the State University by the Governor

Approved March 17, 1903, 207

4664. Cadet Commissions, Governor to Issue-Revocation.

SECTION 1. The officers of cadets, between and including the ranks of Second Lieutenant and Major, must be selected by the chief military instructor, with the assent of the President of the University, and must be commissioned by the Governor; provided, any commission may be revoked at any time by the Governor upon the recommendation of the chief military instructor and of the President of the University.

SEC. 2. Upon graduating or retiring from the University, such officers may resign their commissions or hold the same as retired officers of the University Cadets, liable to be called into service by the Governor in case of war, invasion, insurrection, or rebellion.

An Act creating the Honorary Board of Visitors of the Nevada State University, and other matters relating thereto.

As Amended March 15, 1913, Chap. 116

4666. Board of Visitors, How Composed-Term of Office.

SECTION 1. There is hereby created a board to be known as the Honorary Board of Visitors of the Nevada State University. Said board shall consist of one member from each county. The Chief Justice of the Supreme Court shall be ex officio a member and the chairman of said board. In the absence of said Chief Justice the members of the board

may elect one of their number to act as temporary chairman. The term of office of the members of said board shall be two years from the date of their appointment, and until their successors are appointed.

SEC. 2. The Governor shall appoint and commission, within forty days after the passage of this Act, from each county, one suitable and discreet person who is interested in higher education and who is an actual resident of said county, as a member of said board.

4668. Duties of Board-Meetings-Report to Governor.

SEC. 3. It shall be the duty of said Board of Visitors to meet annually at the seat of the Nevada State University during commencement week, and inspect the grounds, buildings, and equipment of said University, and also inquire into the actual state of the discipline, instruction, police administration, and other affairs or concerns of the University. The Board of Visitors shall report thereon to the Governor, within thirty days after each annual meeting, for the information of the people of the State and of the next succeeding Legislature of the State, their action as such visitors, with their views and recommendations concerning the University such as they shall deem wise and just and for the best interests of the University.

SEC. 4. The President of the University shall cause at least thirty days' notice to be given to the members of the Honorary Board of Visitors of the time and place of their annual meeting.

4670. No Compensation-Expenses Allowed.

SEC. 5. No compensation shall be made to the members of said Board of Visitors for their services or for their traveling expenses, but the Board of Regents shall pay out of the University Contingent Fund their expenses for board and lodging while at the University.

CHAP. 259-An Act setting aside and appropriating certain moneys for the maintenance and support of the University of Nevada, and defining the powers and duties of the Board of Regents, and of the State Controller in relation thereto.

Approved March 26, 1913

SECTION 1. The interest derived from the investment of all moneys arising from the sale of the 90,000 acres of land granted to the State of Nevada by Act of Congress approved July 2, 1862; the interest derived from the investment of all moneys arising from the sale of the seventytwo sections of land granted to the State of Nevada by Act of Congress approved July 4, 1866, for the establishment and maintenance of a university; all money paid as interest on deferred installments on purchase of lands named in this Act which may be sold under contract as provided in section 9 of an Act entitled "An Act to provide for the selection and sale of lands," etc., approved March 4, 1871; and all money arising from the ad valorem tax on taxable property in the State of Nevada, including net proceeds of mines and mining claims, for univer

sity purposes, is hereby set aside and inviolably appropriated for the support and maintenance of the University of Nevada, and shall be paid out for the purposes designated in the Acts creating the several funds without further appropriation.

SEC. 2. The Board of Regents of said University and agricultural and mechanical college, as provided in section 4 of article 11 of the Constitution of Nevada, are the sole trustees to receive and disburse all funds of said University and agricultural and mechanical college for the purposes provided in section 1 of this Act; provided, that all claims before payment, of every name and nature involving the payment of money by or under the direction of the Board of Regents from the funds so set aside and appropriated, shall be passed upon by the Board of Examiners.

SEC. 3. It shall be the duty of the State Controller to report to the Board of Regents of said University and agricultural and mechanical college, on or before the last day of each and every month, the detail of all income received for university purposes from whatsoever source.

CHAP. 167-An Act to create a State Board of Investment of the State Permanent School Fund, and to determine its powers and duties in reference thereto, and other matters properly connected therewith, and to repeal all Acts in conflict therewith.

Approved March 22, 1913

SECTION 1. There is hereby created a State Investment Board, which shall have charge of all investments of moneys and sales of securities of the State Permanent School Fund. Said board shall consist of the Governor, the Superintendent of Public Instruction, the President of the University of Nevada, the State Treasurer, and the Attorney-General. The Attorney-General shall be the legal adviser of the State Investment Board.

SEC. 2. It is hereby made the duty of the State Controller quarterly, to notify the State Investment Board of the amount of money in the State Permanent School Fund; and whenever there shall be a sufficient amount of money for investment, said board shall direct the State Treasurer to negotiate for the investment of the same in United States securities, in the bonds of this State, or of other States, or in bonds of any county in the State of Nevada, at the lowest purchasable rates, and report to the board; said Board of Investment shall thereupon make due and diligent inquiry as to the financial standing and responsibility of the State or States, county or counties, whose bonds or securities it proposes to purchase and for which the State Treasurer shall have negotiated, and shall also require of the Attorney-General his legal opinion in writing as to the validity of any Act or Acts of any State or county under which such bonds or securities are issued and in which the said State Board of Investment is about to make an investment; and if the said State Board of Investment shall be satisfied as to the financial standing and responsibility of the State or States, county or counties, whose bonds or securities it proposes to purchase, and the Attorney-General

shall have given his opinion in writing that the Act or Acts under which said bonds or securities are issued are valid, the board may approve of such investment and by a majority vote of the board shall order the State Controller to draw his warrant in favor of the State Treasurer for the amount to be invested; the State Controller shall thereupon draw his warrant as directed, and the State Treasurer shall complete the purchase of the securities authorized by the board.

SEC. 3. The State Board of Investment shall keep a permanent record of all of its meetings, with which there shall be filed all opinions of the Attorney-General as required by section 2 of this Act, and the record of the yea and nay vote of members of the board.

SEC. 4. The State Investment Board is authorized in its discretion to convert any of the bonds or securities in which any part of the State Permanent School Fund is now or at any time hereafter may be invested, into cash, by selling the same in the open market to the highest bidder or bidders; the proceeds thereof to be placed by the State Treasurer in the State Permanent School Fund, and the board shall reinvest the same in the manner provided in section 2 of this Act.

SEC. 5. No part of the State Permanent School Fund shall be invested in the bonds of any county whose entire bonded indebtedness for all purposes shall exceed ten (10) per cent of its assessed valuation; and the amount of bonds of any county purchased or invested in by the State Investment Board shall in the aggregate not exceed three (3) per cent of the assessed valuation; and the rate of interest of such county bonds shall not be less than five (5) per cent.

SEC. 6. Section 148 of an Act entitled "An Act concerning public schools, and repealing certain Acts relating thereto," approved March 20, 1911, and all Acts and parts of Acts in conflict with this Act are hereby repealed.

CHAP. 9-An Act authorizing and empowering the Regents of the University of Nevada to receive grants of money appropriated under that certain Act of the Congress of the United States of America, entitled "An Act to provide for cooperative agricultural extension work between the agricultural colleges in the several States receiving the benefits of the Act of Congress approved July 2, 1862, and of Acts supplementary thereto, and the United States Department of Agriculture"; and to organize and conduct agricultural extension work in connection with the College of Agriculture of the University of Nevada, in accordance with the terms and conditions expressed in said Act of Congress.

Approved February 10, 1915

WHEREAS, The Congress of the United States has passed an Act approved by the President May 8, 1914, entitled "An Act to provide for cooperative agricultural extension work between the agricultural colleges in the several States receiving the benefits of the Act of Congress approved July 2, 1862, and of Acts supplementary thereto, and the United States Department of Agriculture"; and

WHEREAS, It is provided in section 3 of the Act aforesaid that the grants of money authorized by this Act shall be paid annually to "each