This is an amendment to an act first passed in 1844, which established an academy in St. John's. The amendments pertain mainly to the number of board members who belong to specific denominations, masters of the school, and salaries.
This act details how money is to be parceled out to various districts, both catholic and protestant, as well as detailing how records are to be kept concerning the number of students, teachers, subjects taught, and other statistical records for each district.
This Act incorporates directors of Victoria College, detailing their number and election, management of stockholders, and value of shares and real estate.