Gunnedah School of Arts Enabling Act 56 Vic (NSW)

1893. 56° VIC.

Gunnedah School of A rts Enabling.

An Act to declare the trusts of the site of the Gunnedah School of Arts, and to enable the trustees thereof to mortgage or lease eertain lands situate in the town of

Gunnedah, and to declare the trusts of

the moneys to be produced by such mort- eave or lease; and for other purposes. [22nd May, 1893. |

Jo

GUNNEDATL Scroon or Arts ENABLING.

\ VV IIEREAS by a decd of grant bearing date the first day of March, Preamble.

in the year one thousand eight hundred and eighty-one, Her Majesty did give and grant unto Thomas Polk, Wills "Mien, Gcorge Cohen, and Robert Jolin Nowland, their heirs and assigns, all that parcel of and containing by admeastrement one rood tw enty-cight perches, more or less, situate in the town of Gunnedah, mentioned and particularly described in the Schedule to this Act, upon trust, to permit and sufer the said lands to be appropriated as a site or place for the erection of such building or buildings for the Gunnedah School of Arts, established in the town of Gunnedah for pro- moting 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 been expended for the purposes aforesaid, and it is anticipated that further sums will have to be expended in adding to, enlarging, altcring, and repairing the buildings now standing upon the said lands, and fo 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 authorise the necessary funds for the purposes afore- said to be raised by way of mortgage in manner hereinafter provided : And whereas circumstances may avise which may render it necessary or desirable in the interest of the institution that the land or buildings orsome part thereof should be leased in manner hereinafter also provided: And whereas the trusts on which the land was granted as aforesaid are insufficient, and it is expedient to extend such trusts and to declarethe same as is hereinafter expressed. Be it therefore enacted by the Quecn's most Excellent: 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 :— 1. In this Act—