Casino School of Arts Enabling Act 55 Vic (NSW)

Casino Scuoon or Arts ENABLING.

Preamble.

An Act to declare the trusts of the site of the Casino School of Arts, and to enable the trustees thereof to mortgage or lease certain lands situate in the town of Casino, and to declare the trusts of the moneys to be produced by such mortgage or lease, and for other purposes. [22nd December, 1891.]

\7 HEREAS by a deed of grant bearing date the thirtieth day of October, in the year one thousand eight hundred and seventy-

six, Her Majesty did give and grant unto Wellington Cochrane Bundock, John Grime, and Jolin Barling, their heirs and assigns all that parcel of land, situate in the town of Casino, mentioned and particularly described in the Schedule to this Act, upon trust, to permit and sulfer the said lands to be appropriated as a site or place for the erection of such building or buildings for the Casino School of Arts, established in the town of Casino, for promoting the knowledge of the arts and sciences amongst mechanics and others, as the president, senior vice-president, and treasurer for the time being, or other the managing officers of the said institution, should think fit: And whereas in pursuance of the said trusts certain buildings were erected on the said land for the purpose of carrying out the objects of the said institution: And whereas the funds at the disposal of the institution have proved insuflicient to defray the outlay incurred for the purposes aforesaid, and a debt of cleyven hundred pounds or thereabouts has been incurred in respect thereof! ; and it is anticipated that further sums will have

1891. 50° VIC. 7

Casino School of Arts Enabling.

have to be expended in adding to, enlarging, altering, and repairing the buildings now standing upon the said lands, and to render the said institution efficient and attractive, and to cnable it to keep pace with the advancement of the district in which it is situate: And whereas it is desirable to authorise the necessary funds for the purposes afore- said to be raised by way of mortgage in manner hereinafter provided : And whereas circumstances may arise which may render it necessary or desirable in the interest of the institution that the land, or some part thereof, should be leased in manner hereinafter also provided : Aud whereas the trusts on which the land was granted as aforesaid are insullicient, and it is expedient to extend such trusts, and to declare the same as is hereinafter expressed : Be it therefore enacted by the Queen's Most Exccllent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows :—