The republic. [volume] (Washington [D.C.]) 1849-1853, 1850-11-11

general estate, (to be named in the manner here
matter dirccted,) after paying the several annuitics
and sums OF money hereinafter provided for and set
FORTH and applied forever to the purposes for which
1t is hereby intended and destined Firstly give
and bequeath to the American Colonization Society,
for coonizing the free people OF color of the United
States, established at the city Of Washing gton in
the District of Columbia, for the purposes Of its
bic and philanthropic institution annuity for the
term OF forty years, counting from and after the
day OF my decease, of the one-eghth part twelve
and half per cent, OF the net years. revenue Of
rents of the whole of the estate, hereinbefore
willed and bequcathed unto the Mayors, Aldermen,
and Inhabitants of the cities of New Orleans and
Baltimore, but which one eighth part of the net
shall not entitle the said American Colonization
Society for coonizing the free people of color of
the United States. to receive demand, in any
year, larger sum than twenty-five thousand dol
lars should the eighth part thereof amount to
a larger sum; trusting in full confidence that the
inhabitants of this free and happy land, throughout
all its borders, from Maine TO Louisiana, will sus-
tain this instituon-one of the greatest glories of
our country-and enable it to accomplish its hu-
name and holy object in its full extent. And not
withstanding that look upon and consider the in
struction of the poor in the knowledge Of God and
the wisdom of man. the first, best, and holiest of
all charities, Gas they thereby taught their
duty to their Creator and those everlasting princi
Piles Of virtue which insti self-respect and teach
men the dignity OF their nature-which restrain
them from falling into vice, and becoming, in con-
sequence, inmates of the penitentiary or aims
house, and do not consider the endow wIncnt of asy
ums or hospitals as the best mode OF permanently
securing and doing good to my fellow men, still,
as il is probable whilst the present of men
sts constituted as are, that portion thereof
from the various causes to which frall humanity is
liable, will fall into error and of con SEQUENCE be-
come helpless and destitute. Secondly, / give and
bcqueath to the Mayor, Aldermen and inhabitants
Of the city of New Orleans in the State of Louisi-
ana, and their successors forever for the express
and sole purpose OF establishing asy un for the
Door OF both and of all and Castea of
color where they may be sheltered clothed fed, and
taken care of; made useful, according to their re-
spectve degrees OF health strength, and capacity,
and mcndicity thereby banishcd from the streets of
the city and is suburbs, including the town of Mo
Donogh, an annuity of the one-eighth part, or
twelve and half per cent. of the yearly reve-
nue. of rents of the whole of the general estate as
hereinbefore willed and bequeathed unto the May
ora, Aldermen, and inhabitants of the cities of New
Orleans in the State of Louisiana, and of Baltimore
in the State OF Maryland their successors forever,
the said annuity to be paid yearly until such time
as the said one eighth part of the said net yearly
revenue OF rents shall amount the full and entire
sum OF SIX hundred thousand dollars, when il shall
cease and be no longer paid and for the purpose
OF carrying this, my devise and intent into effect,
request, authorize, and empower the city coun-
clls OF the city OF New Orleans, the first Monday
OF January, OF every year, to name and appoint one
respectable citizen out Of each ward Of the city and
suburbs OF New Orleans, Cncluding the town of
McDonogh,) but who shall not exceed seven in
number, nor be members of said city council at the
time, who shall be commissioners therein, which
commissioners named shall serve for the term
OF twelve months, and until election on the
first Monday Of January of the following year shall
be made by the said city councils, of Commission
ers to replace those of the preceding year. (none
whom shall be elected for the second wear, y and
so ON from year TO year, TO the end of time I;
said commissioners shall have the mana cement of
said institution, it's funds, and every thing in rea-
ton to IT. The Mayor and City Councils of the city
OF New Orleans having, however, the general su-
pervision, and 10 whom the commissioners are La
bic for the faithful performance OF their duty here
IN, and TO whom annually, on going out of office
they must render accounts OF their administration,
showing particularly its receipts and expenses,
state OF its fund its real estate, & o. &c. which ac-
counts Will be audited by the said City Councils
through committee from their body named for
the purpose, and who will publish them yearly in
two of the public newspapers printed in the city OF
New Orleansj the said commissioners to be named
Aforesaid will receive annually or semi annually
the amount OF the annuity until such time as they
shall have received according to this bequest the
whole amount of it-say the sum of six hundred
thousand dollars; and they receive il they shall
invest II in bank stocks other good securities on
landed estate, on interest, so as TO augment the
amount thereof by the accumulation of interest
TO the largest possible sum up TO the time when
the last Of the annuity shall be received IL is
my desire, md direct the commissioners 10 take
such part OF said sum (not TO exceed, however,
the third of the whole. amount of prin-
cipal and interest, which may have accrued
thereon,l as may be necessary, and invest il in
the purchase OF such landed estate, and in the
erection OF such buildings as will be npnro-
PIRATE TO the object intended and wanting
and IN the furnishing Of said buildings when
completed, in beds, bedding, clothing and all other
necessary articles, and the residue Of said sum-
whatever IL may be, but which shall be at least two
thirds Of the whole amount of principal and inter.
est direct to be invested in the purchase Of real e
tate, say lots OF ground and houaes, and lots of
ground situate IN the cityor suburbs Of New Or
leans-such los Of ground az will probably greatly
augment value. which real tat vybea
chased shall never thereafter be sold or alenated
Tor the purpose Of deriving thercfrom a permanent
revenue Gin rents) for the support of said nstitu
ton forever. AS no parts of the principll sum or
the interest which may accrue thereon, shall ever
be taken Tor the support of the institution my in
tenon being that its support and the payment Of all
tne expenses necessary TO Its support shall be sup
phed exclusively from the revenue in rents of its
real estate and the revenue dervable from the labor
oil the poor, its inmates which houses as also the
buildings OF the institution, ] recommend and di-
reGt 20 DC Kept constantly insured against tho
risk OF re that If accident should occur there
would be means TO rebuild them. recommend 10
the commissioners TO select q situation high and
healthy ior The establishment of the institution
'ay tract Oh land OF three or four acres front
on tho river Mississippi, by forty or fifty acres
IN depth, situate within three, four or six miles of
tue city al New Orleans, either bank above
or below 1t, TO erect the buildings of brick in a
style oil taste and elegance, of great solidity (ss
they ara intended to stand for ages airy, and of
proportional elevations; they the commissioners To
be named as aioTesaid, are permitted, however ut
any ume, when they have money on hand or stocks
oi TINS fund, when opportunities offer of making
good investments Of IT in real estate say lots OF
ground and houses and lots ofground in the
city OF New Orleans or its suburbs, yielding rents
or hkely 10 yield rents TO invest such pars thereof
as they think proper; such purchases, however,
TO be approved by the Mayor and City Council of
the city oil New Orleans, IN such real estate And.
also, when an opportunity offers Of acquiring such
tract OF land as will be wanted for the institution At
n cheap rate, TO purchase il. And as I believe our
climate and soil well adapted To the cultivation of
the mulberry tree, and the rearing Of silk worms
such tract of land as ! recommend the purchase
Of II planted with mulberry, aud the cultivation of
SILK undertaken, which 10 very light employment
well suited TO the weak and aged would, I have no
doubt, yield an annual revenue TO the institution
which would GO far towards paying the expenses of
itss support therefore earnestly recommend s trial
to the commissioners. Ialso recommend TO the CON-
missioners to apply to the Legislature of the State
Tor an act TO incorporate said institution, subject
however, always be il understood TO the conditions
herein provided Tor. Thirdly, give and bequeath
70 the Society for the Relief of Destitute Orphan
Boys, Of the city of New Orleans in the State of
Louisiana, Of which institution Beverly Chew was
president on the 2Sth April, 1888. for the express
and sole purpose and Of other of being invested
in the purchase Of real estate-say lots OF ground