Acts of 1890, Ch. 76

AN ACT to Enlarge the Power of the Trustees of Boston University to Hold Property Without Additional Exemption from Taxation. Be it enacted by the Senate and House of Representatives in General Court assembled and by the Authority of the same, as follows: Section three of Chapter three hundred and twenty-two of the Acts of the year one thousand eight hundred and sixty-nine is hereby amended by striking out the last two lines thereof, “but the clear annual income of the same shall not exceed one hundred thousand dollars,” and inserting in the place thereof the following:-“provided, however, that nothing herein contained shall be construed to give the said corporation any claim to greater exemption from taxation than it now has under the constitution and laws of this Commonwealth,”-so that said section shall read as follows: “Section 3. The said corporation may have a common seal, which they may alter or renew at their pleasure, and all deeds sealed with the seal of said corporation, and signed by their order, shall, when made in their corporate name, be considered in law as the deeds of said corporation, and said corporation may sue and be sued in all actions, real, personal and mixed, and may prosecute the same to final judgment and execution by the name of the Trustees of Boston University; and said corporation may take and hold in fee simple, or any less estate, by gift, grant, devise, bequest or otherwise, any land, tenements, or other estate, real or personal:-provided, however, that nothing herein contained shall be construed to give the said corporation any claim to greater exemption from taxation than it now has under the constitution and laws of this Commonwealth.”

Approved March 6, 1890.