Morrill Act Of 1862

Business / Agriculture / Morrill Act Of 1862: Enacted July 2, 1862 (chapter 130, 12 Stat. 503), this law allocated federal land to each state and directed the states to sell the land and use the proceeds to establish a college dedicated to the agricultural and mechanical arts. States without federal lands within their borders received land in scrip, giving them the right to sell federal land located in other states. The act resulted in the establishment of the land grant colleges of agriculture. The purpose of the Act was not only to improve the economic and social welfare of farmers, but also to make higher education with a practical application generally available to all segments of U.S. society. The Act pertained only to the original establishment of the colleges of agriculture, and is not an authority under which the colleges currently receive federal funds.

Other Words for Act

Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
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Morrill Act Of 1890

Business / Agriculture / Morrill Act Of 1890: Enacted August 30, 1890 (chapter 841, 26 Stat. 417), this law authorized additional direct appropriations for the land grant colleges of agriculture that had been established under the Morrill Act of MORE

Land Grant Colleges Of Agriculture

Business / Agriculture / Land Grant Colleges Of Agriculture: The Morrill Act of 1862 granted federal land to states to sell, and instructed each state to use the proceeds to endow a college to teach 'agriculture and the mechanical arts.' States not having any f MORE

Outside Of You

Business / Finance / Outside Of You: Used for listed equity securities. Another order bidding for or offering stock at the same price that the trader has put on the floor himself, represented by another broker in the trading crowd. These MORE

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