Gambar halaman
PDF
ePub

DONATIONS AND BEQUESTS

TO THE

CITY OF NEWBURYPORT.

DONATIONS AND BEQUESTS

TO THE

CITY OF NEWBURYPORT.

EXTRACT from the will of TIMOTHY DEXTER, late of Newburyport, approved and allowed November 3, 1806; recorded O. S. Book 74, leaf 175:

* "Item. I give unto the town of Newburyport, two thousand dollars, to be put at interest by the overseers, and the interest to be given to such of the poor of the town as the overseers may think most necessitous, who are not in the workhouse, annually."

ESSEX, SS.

Probate Office, December 2, 1869.
Attest,

JAMES ROPES, ASSISTANT REGISTER.

AN EXTRACT from the will of MOSES ATKINSON, late of Newburyport, proved on the fifth day July A. D., 1814.

"Item. I give to the school district to which I belong, toward the support of a school for reading, writing, arithmetic and English grammar, after the payment of the several legacies herein above bequeathed, all the money and notes which my said wife shall leave unexpended, except the last article in the first clause of this instrument; also about ten acres of salt marsh, situate in Salisbury in said county; also about seventeen acres of land in said New

bury, being part of my homestead; also three and three-fourths cowrights in the general pasture in said Newbury; also about four acres of pasture land in said Newbury, bounded northwesterly by Matthias Atkinson's land, northeasterly by Moses and William Merrill's land, southeasterly by Stephen Coffin's, and southwesterly by Sarah Lunt's land, with liberty to sell the last mentioned lot, if it be most for the interest of the said district to appropriate the annual interest thereof toward the support of said school. All the said bequests to be under the direction of a committee to be chosen by a majority of the legally qualified voters in said district in the month of April annually forever. But if the said district shall hereafter be divided, I then give the whole of said bequests to that part of the present district, in which I now live. And furthermore if the said district shall neglect for the space of one year, after possession, to appropriate the income of this legacy to the purpose and for the use aforesaid, I then give the whole of said legacy to my nephews Moses Atkinson, William Atkinson, Thomas Hale and Ebenezer Hale, to be equally divided between them, to them and their respective heirs and assigns forever."

[ocr errors]

ESSEX, SS. A true copy,
Attest,

A. C. GOODELL, REGISTER.

EXTRACT from the will of MOSES BROWN, late of Newburyport, merchant, deceased; executed October 22, 1824.

"I give and bequeath to the inhabitants of the town of Newburyport aforesaid, the sum of six thousand dollars as a fund for the use and support of a grammar school in said town forever. And I do hereby direct that a special committee shall be annually chosen at the meeting of the said inhaitants, holden in the month of March, annually, for the purpose of managing and taking care of the said fund until a board of trustees may be established for that purpose as is hereinafter mentioned; and I do hereby expressly direct that the said principal sum of six thousand dollars shall be kept at interest and that the interest and produce thereof shall be applied and added to the said principal sum for the increase

of the same until the same shall accumulate and amount to the sum of ten thousand dollars, before any part of the said interest or produce shall be applied and appropriated towards the support of the said school; and when the said principal sum shall amount to the sum of ten thousand dollars, then the annual interest and produce of the same shall be applied for and towards the support of a grammar school in the said town of Newburyport forever; and I do recommend to the said inhabitants to procure an act of incorporation, establishing a board of trustees, with suitable provisions for the purpose of preserving the said fund and applying the interest and produce thereof according to my intention as hereinbefore expressed, and so order and direct that the whole principal sum and the securities belonging to the same shall be transferrred and paid over to the said trustees, whenever they may be appointed pursuant to such act of incorporation, to be managed by them for the purposes aforesaid, instead of a committee as is before mentioned."

EXTRACT from the codicil to the will of MoSES BROWN, late of Newburyport, merchant, deceased; executed April 25, 1826:

And respecting my bequest in my said will for the use and benefit of a grammar school in said Newburyport, I do hereby further limit and restrict the same in manner following, to wit: The said sum of six thousand dollars, shall be invested in good public stocks or other good securities on interest and the interest or produce thereof shall be applied and added to the said principal sum for the increase of the same until the same shall accumulate and amount to the said sum of fifteen thousand dollars before any part of the said interest or income shall be applied and appropriated towards the support of said school; and when the said first mentioned sum of six thousand dollars, shall thus have accumulated and shall amount to the said sum of fifteen thousand dollars; then the same shall be kept, and remain a permanent fund forever, and the annual income and produce thereof shall be applied for and toward the support of a grammar school in said town of Newburyport, and for no other purpose or use forever. And if at any time after said bequest shall have accumulated to the sum of fifteen thousand dollars, in manner aforesaid, any loss or

« SebelumnyaLanjutkan »