III.

The Number, Quorum and Designation of the Trustees.

The number of Trustees shall be twenty-four, and fifteen thereof shall constitute a quorum, but the assent of not less than a majority of the whole, to wit, thirteen, shall be necessary for affirmative action in the execution of the trusts herein contained.

The Trustees herein named, and their successors, in their collective capacity, shall be known and designated as "The Board of Trustees of the Leland Stanford, Junior, University."