|The Cooper Union Charter||page 2|
the above-mentioned and described premises, together with the appurtenances,
and the rents, issues, income, and profits thereof, shall be forever devoted
to the instruction and improvement of the inhabitants of the United States
in practical science and art.
Second.That the management and control of the above-mentioned and described premises, together with the appurtenances, and of any other property or money at any time to belong to the party of the second part, and the receipt and expenditure of the rents, issues, income and profits thereof, shall be forever committed, subject to the conditions and restrictions herein contained, and to such other conditions and restrictions as are or shall be contained in the aforesaid act of incorporation of the party thereto of the second part, or in any acts amendatory thereof, to a board of trustees, which shall consist of not less than seven and not more than fifteen persons; that every succeeding vacancy in said board of trustees shall be filled by the surviving or remaining trustees by ballot; that to elect any person trustee shall require the vote of at least a majority of trustees then in office for such person; and that the oldest lineal male descendant of Peter Cooper shall be a trustee ex gratia.
Third.The members of such board of trustees shall hold their offices as such trustees for a term of three years or such longer or additional term or terms as the by-laws may provide; provided that for cause any such member may be removed by order of the Supreme Court of the State of New York, on application of either of the trustees, or a majority of the Council of "The Associates of The Cooper Union for the Advancement of Science and Art," on notice to him of application for such removal; and a trustee may resign his office, and thereupon he shall cease to be a trustee upon the election of his successor.
premises above mentioned and described, and the appurtenances, including
all future endowments made to the party hereto of the second part, the
appropriation of which shall not be specially provided by the parties
making the same, and all money and property which shall at any time
belong to the party hereto of the second part, and all the rents, income,
issues, and profits thereof, shall be devoted to and among the following
objects and purposes: the division and appropriation of such rents,
income, issues, and profits to and among such objects and purposes being
left discretionary with the Board of Trustees provided for as aforesaid,
and it being left discretionary with such board when and to what extent
they shall carry out any of such objects and purposes, save and excepting
that the course of instruction on social and political science, hereinafter
provided for, shall have the preference over all the other objects of
expenditure specified herein, in case there shall not be means adequate
for them all, and shall forever stand pre-eminent among them.
3. To provide and maintain a school for the instruction of respectable females in the arts of design, and, in the discretion of the Board of Trustees, to afford to respectable females instruction in such other art or trade as will tend to furnish them suitable employment.
4. As soon as, in the opinion of the Board of Trustees, the funds which shall from time to time be at their disposal, will warrant such an expenditure, such funds shall be appropriated to the establishment and maintenance of a thorough polytechnic school; the requirements to admission to which shall be left to the discretion of the said Board of Trustees, and shall be specifically determined by them from time to time; and which school shall, as far as possible, and as soon as possible, be made equal to the best technological schools now established, or hereafter to be established. Until the funds at the disposal of the Board of Trustees shall be sufficient, in the opinion of the said Board of Trustees, for the establishment of such polytechnic school, the said Board of Trustees may furnish with rooms and accommodation for such school, and may assist in the maintenance thereof, the department of public instruction of the City of New York, the Trustees of any college or university, or any other body, individual or individuals.
The Cooper Archives
| Peter Cooper|
| Historical Documents|
|last updated January 20, 2011|