compensation.] The New Mexico military institute, at Roswell, shall be under the supervision and control of a board of five regents, to serve without compensation, to be appointed by the governor, by and with the advice and consent of the senate for a term of four years, and not more than three of them shall belong to the same political party at the time of their appointment. History: Laws 1893, ch. 41, § 2; C.L. 1897, § 3661; Code 1915, § 4988; C.S. 1929, § 120-2001; 1941 Comp., § 66-1301; 1953 Comp., § 73-28-1.