46 Minn. 316 | Minn. | 1891
The lands in question belong to Hamline University, and are held by its trustees for the sole use and purposes of such University, and to enable it to carry out and accomplish the purpose and object of its incorporation. The income of the University has never exceeded $18,000 a year. The University was incorporated and established and exists under and by virtue of chapter 43 of the Laws of the territory of Minnesota for 1854, which authorizes the corporation to acquire, hold, and convey property, real, personal, and mixed, in all lawful ways, provided the annual income
Judgment affirmed.