NSW Legislation
1890. 54 VIC. 21
Saint Leonards School of Arts Enabling.
An Act to declare the Trusts of the Site of save teosarns
ScuooL or Arts
the Saint Leonards Mechanies' School of — ¥x«u. Arts; and to authorize the sale, mortgage,
or lease thereof; and to declare the trusts
of moneys to be produced by such sale, mortgage, or lease; and for other pur-
poses. [19th September, 1890. |
V HEREAS in the year one thousand eight hundred and fifty-ninc Preamble. an institution was formed at Saint Leonards called the Saint Tconards Mechanics' School of Arts, the objects of which are the diffusion of scientific and other useful knowledge in manner mentioned in the rules thereof, and the same is still carricd on at Saint Leonards aforesaid under the control of a committce of management. And whereas by indenture, dated the third day of February, one thousand cight hundred and cighty-five, made between Adolphus Rogalsky, of the first part, George IIenry Smith, of the second part, and Edwin Mauncy Sayers, Robert Dalziel Ward, Charles Henry Woolcott, John William Guise, and Frederick Alfred Adolphus Wilson, of the third part, all that pareel of land containing by admeasurement one rood six perches, portion of allotment number tive of section number four, town of Saint Leonards, parish of Willoughby: Commencing on the south side of Mount-strect at the north-cast corner of the land now described ; and bounded on the east by a line southerly at right angles to Mount- street one hundred and thirty-two fect ; on the south by a line westerly at right angles to the eastern boundary nincty-five fect to the east side of William-street ; on the west by one hundred and_ thirty-two feet of that street bearing northerly to its junction with Mount-street; and on the north by that street bearing easterly ninety-five fect to the point of commencement, was conveyed and assured unto and to the use of the said Edwin Mauney Sayers, Robert. Dalziel Ward, Charles Henry Woolcott, John William Guise, and Frederick Alfred Adolphus Wilson, upon trust inter alia to permit and suffer the same premises to be appropriated as a site or place for the ercction of such building or huildings for the Saint Leonards Mechanics' School of Arts as the president, senior vice-president, and treasurer for the time being of the said society, or other the managing officers thereof shall think fit. And whereas the said Charles Menry Woolcott has refused to act as such Trustee as aforesaid, and the said Edwin Mauney Sayers, Robert Dalziel Ward, John William Guise, and Frederick Alfred Adolphus Wilson are now the sole Trustees of the land under the said recited indenture. And whereas a building has been erected on the land, com- prising a lecture hall, a library, reading, and class, and other rooms, and provided with books, furniture, apparatus, and necessarics for carrying on the work of the institution. And whereas the funds at the disposal of the institution have proved insufficient to defray the outlay incurred for the purposes aforesaid, and a debt of eight hundred and thirty-two pounds or thereahouts has been incurred in respeet thereof, and it is anticipated that further sums will have to be expended to render the said institution efficient and attractive, and to enable it to keep pace with the advancement of the district in which it is situate. And whereas it is desirable to authorize the necessary funds for the purposes aforesaid to be raised by way of mortgage in manner herein- after provided. And whereas circumstances may arise which may render it necessary or desirable in the interest of the institution that the
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