Goulburn School Trust Act 1870 33 Vic (NSW)

1870. 33° VIC. Goulburn School Trust.

An Act to enable Robert Waugh William Chatfield Philip Dignam and Charles Hamilton Walsh surviving Trustees of the Goulburn School to dispose of by sale and to convey the said Goulburn School land and premises and to apply the net proceeds of such sale rateably amongst the contributors to the "' Goulburn

School Fund "' their representatives orassigns. [20th April, 1870.]

GOULBURN Scuoon Trust.

y TIEREAS on the eighth day of February one thousand eight Preamble.

hundred and fifty. eight a fund was created by contributions for the establishment of a classical and commercial day and boarding school in the city of Goulburn to be called the " Goulburn School 3 And whereas it was agreed by the contributors to the said fund that the same should be vested in Trustees subject to the trusts rules and regulations contained in a proposed deed of scttlement then approved of but not executed And whereas by such proposed deed it was provided that it should be lawful for the Trustees of the said school to purchase land and hereditaments for the purposes of the said school and to sell all or any of the said lands and hereditaments and in the event of such sale that the said Trustees should be possessed of all moncys to arise from such sale in trust for the several contributors to the said fund rateably in proportion to the amount of their respective contributions And whereas at a mecting of the said contributors William Chatfield Robert Waugh Philip Dignam Moss Marks and Charles Hamilton Walsh were nominated and appointed Trustees of the said fund and of the said Goulburn School And it was by the said proposed deed provided that the said Trustees should not execute the power of sale thereby intended to have been given unless and until they should have first obtained the consent in writing of two-thirds of the contributors to the said fund to the exercise by the said Trustees of such power of sale And it was also thereby provided that the purchascr or purchasers should not be bound to sce or inquire whether such consent had been obtained or otherwise as to the propricty or regularity of such sale And that notwithstanding any impropricty or irregularity whatever in any such sale the same "should. as regards the safety and protection of the purchaser or purchascrs be deemed and taken to be within the said power of sale and be valid and effectual accordingly And whereas by an indenture bearing date the twenty-cighth day of February one thousand eight hundred and fifty-nine and made between the said William Chatfield of the one part and the said Charles Hamilton Walsh of the other part in consideration of the sum of two hundred pounds therein expressed to be paid by the said Charles Hamilton Walsh to the said William Chatfield the said William Chatfield did grant and release the lands