§ 265. Annual payment of interest on funds of University of Alabama; authority to abolish military system at university

Currency:Current throught the November, 2016 General Election
 
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After the ratification of this Constitution there shall be paid out of the treasury of this state at the time and in the manner provided by law, the sum of not less than thirty-six thousand dollars per annum as interest on the funds of the University of Alabama, heretofore covered into the treasury, for the maintenance and support of said institution; provided, that the legislature shall have the power at any time they deem proper for the best interest of said uni...

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