The ordination of clergymen was as early as the fourth or fifth century
      admitted into the number of sacraments. Augustine first calls it a sacrament, but with the remark
      that in his time the church unanimously acknowledged the sacramental
      character of this usage.  
Ordination is the solemn consecration to the
      special priesthood, as baptism is the introduction to the universal
      priesthood; and it is the medium of communicating the gifts for the
      ministerial office. It confers the capacity and authority of
      administering the sacraments and governing the body of believers, and
      secures to the church order, care, and steady growth to the end of
      time. A ruling power is as necessary in the church as in the state. In
      the Jewish church there was a hereditary priestly caste; in the
      Christian this is exchanged for an unbroken succession of voluntary
      priests from all classes, but mostly from the middle and lower classes
      of the people. 
Different from ordination is installation, or
      induction into a particular congregation or diocese, which may be
      repeated as often as the minister is transferred.  Ordination was performed by laying on of hands and
      prayer, closing with the communion. To these were gradually added other
      preparatory and attendant practices; such as the tonsure the anointing with the chrism
      (only in the Latin church after Gregory the Great), investing with the
      insignia of the office (the holy books, and in the case of bishops the
      ring and staff), the kiss of brotherhood, etc. Only bishops can ordain,
      though presbyters assist. The ordination or consecration of a bishop
      generally requires, for greater solemnity, the presence of three
      bishops. 
No one can receive priestly orders without a fixed
      field of labor which yields him support. In the course of time further restrictions,
      derived in part from the Old Testament, in regard to age, education,
      physical and moral constitution, freedom from the bonds of marriage,
      etc., were established by ecclesiastical legislation. 
The favorite times for ordination were Pentecost
      and the quarterly Quatember terms (i.e., the beginning of Quadragesima, the weeks
      after Pentecost, after the fourteenth of September, and after the
      thirteenth of December), which were observed, after Gelasius or Leo the
      Great, as ordinary penitential seasons of the church. The candidates
      were obliged to prepare themselves for consecration by prayer and
      fasting. 
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Source:
Schaff, Philip.  History of the Christian Church, Volume III: Nicene and Post-Nicene Christianity.  A.D. 311-600.  (Christian Classics Ethereal Library.)  Accessed April 26, 2012.   http://www.ccel.org/ccel/schaff/hcc3.iii.x.xxi.html

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Thanks so much for sharing this. I had a friend who went through the process of online ordination to perform his sister's wedding. He told me it's what his father would have wanted.
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