Section 4
SEC. 4. Section five of the same Act is hereby amended to read as follows: The Board of Trustees shall have the following general powers set out in Section thirteen of Act Numbered Fourteen hundred and fifty-nine, as amended. The government and administration of said College and the exercise of its corporate powers are here vested exclusively in the Board of Trustees. In addition to its general powers, the Board of Trustees as a corporate body shall have the following powers and duties: "(a) To appropriate such sums as may be provided by law for the support of the college; "(b) To confer the baccalaureate and graduate degrees to successful candidates for graduation; confer the usual honorary degrees upon a person in recognition of learning, statesmanship, or eminence in industry, science and technology: Provided, That such degrees shall not be conferred in consideration of the payment of money or valuable considerations; "(c) To authorize the President of the College to award proficiency, certificates or diplomas to students who have finished non-degree courses; "(d) To appoint, on recommendation of the President of the College, vice-presidents, deans, directors, secretary of the College, registrar, heads, of departments, professors, instructors, lecturers, and other employees of the College; to fix their compensation, hours of service, and such other duties and conditions as it may deem proper, any provision of existing laws to the contrary notwithstanding; to grant to them, in its discretion, leave of absence under such regulations as it may promulgate, any other provisions of law to the contrary notwithstanding, and to remove them for cause after an investigation and hearing shall have been had; to establish chairs in the College and to provide for the maintenance or endowment of such chairs as the progress of instruction may make necessary; (e) To approve the curricula and rules of discipline drawn by the College Council as hereinafter provided; (f) To fix, in as moderate as possible, the tuition fees required of students, as well as matriculation fees graduation fees for laboratory courses, and all special fees which shall constitute a special trust fund for the College and to remit such fees in the case of deserving students; "(g) To provide fellowships for faculty members and scholarship to students showing special evidence of merit; "(h) To prescribe rules for its own government, and to enact for the government of the College such rules and regulations, not contrary to law, as may be necessary to carry out the purposes and functions of the College as defined in Section two of this Act; "(i) To receive in trust legacies, gifts, and donations of real and personal property of all kinds, to administer the same for the benefit of the College, or of the departments thereof, or for aid to any student or students, in accordance with the directions and instructions of the donor, and in default thereof, in such manner as the Board of Trustees may in its discretion determine. All such donations shall be exempt from all taxes and to. be considered as deductible items from the income tax of the donors; to import duty free commodities for educational purposes as an exception to existing laws; and "(j) To authorize the College to undertake construction and/or repair of its buildings, machinery and equipment and other facilities if in the opinion of the Board such undertaking will help in its training program, any provision of law or executive order to the contrary notwithstanding."