The board of trustees of Winthrop University shall retain custody of the paintings and objects of art formerly the property of Clara Barrett Strait and received by said trustees pursuant to the provisions of Act No. 355 of 1949 (Acts 1949, p. 784) and display them to the best advantage for said institution and the citizens of this State and shall use whatever cash it received from the administratrix of Clara Barrett Strait pursuant to said act for the furtherance of the education of students at the institution majoring in art. Such fund shall be known as the Clara Barrett Strait Scholarship Fund.
HISTORY: 1962 Code Section 22-411; 1952 Code Section 22-411; 1949 (46) 784.
Structure South Carolina Code of Laws
Chapter 125 - Winthrop University
Section 59-125-10. Establishment of Winthrop College.
Section 59-125-15. Winthrop College changed to Winthrop University.
Section 59-125-20. Composition of board of trustees.
Section 59-125-30. Election of board members; terms; vacancies.
Section 59-125-40. Compensation of board members.
Section 59-125-60. Meetings of board; quorum; effect of failure to attend.
Section 59-125-70. Board created body corporate; powers.
Section 59-125-80. Powers of board in educational matters.
Section 59-125-90. President, professors, and other officers.
Section 59-125-95. Availability of graduate-level in-state tuition to North Carolina residents.
Section 59-125-100. Division into departments.
Section 59-125-110. Use of Clara Barrett Strait art objects and scholarship fund.
Section 59-125-120. Degrees and diplomas.
Section 59-125-130. Board authority to enter ground lease agreements.
Section 59-125-320. Definitions.
Section 59-125-330. Acquisition and improvement of facilities.
Section 59-125-340. Authority to bond.
Section 59-125-350. Securement of repayment.
Section 59-125-360. Faith and credit of State.
Section 59-125-370. Tenor, terms, and conditions of bonds.
Section 59-125-380. Tax-exempt status.
Section 59-125-390. Lawful investment.
Section 59-125-400. Form of bonds.
Section 59-125-410. Disposal of bonds.
Section 59-125-420. Procedures and covenants for repayment.
Section 59-125-430. Time limit.
Section 59-125-520. Definitions.
Section 59-125-540. Authorization to borrow funds and issue bonds; amount limitations.
Section 59-125-550. Sources of funds to secure bonds; disposition of athletic facilities.
Section 59-125-570. Resolutions for issuance of bonds; contents and conditions.
Section 59-125-580. Tax exempt status.
Section 59-125-590. Fiduciaries as authorized investors.
Section 59-125-610. Disposition of bonds; private sale; discounts or premiums.
Section 59-125-630. Provisions for adequate payment of principal and interest on bonds.
Section 59-125-640. Powers vested in trustees to secure payment of principal and interest on bonds.
Section 59-125-650. Duration of authorizations granted by article; time limit for issuance of bonds.