UNIVERSITY OF DELAWARE SCHOLARSHIPS
AN ACT TO AMEND CHAPTER 55, TITLE 14, DELAWARE CODE, RELATIVE TO APPROPRIATING CERTAIN MONEY TO THE UNIVERSITY OF DELAWARE FOR THE PURPOSE OF ESTABLISHING SCHOLARSHIPS AT .THE UNIVERSITY OF DELAWARE.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. § 5501 (a) (b) (c) and (d) Chapter 55, Title 14, Delaware Code, is amended by striking out all of § 5501 (a) (b) (c) and (d) and inserting in lieu thereof the following § 5501 (a) (b) (c) and (d).
(a) That there is hereby appropriated the sum of Twenty Thousand Dollars ($20,000.00) annually to the University of Delaware for the purpose of establishing scholarships at the University of Delaware.
(b) The minimum number of scholarships to be awarded in each and every year shall be twenty (20).
The Committee to award such scholarships shall be three in number, and shall be composed of one member of the faculty at the University of Delaware, one member of the Athletic Council at the University of Delaware, and one member of the Alumni Association of the University of Delaware. The said Committee shall be appointed by the Board of Trustees of the University of Delaware for such term or terms as the said Board may deem advisable.
(c) The State Treasurer is hereby authorized and directed to pay to the University of Delaware the said sum of Twenty Thousand Dollars ($20,000.00) in each and every year upon warrant or warrants signed by the Chairman and Secretary of the Committee.
Section 2. This Act shall be known as a Supplementary Appropriation Act, and the money hereby appropriated shall be paid out of the General Fund of the State Treasury not otherwise appropriated.
Approved July 14, 1955.