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

Mary land, which annuity Of the one-ejghth part Of
the net yearly revenue of rents, as above stated
shall be set apart yearly, or half yearly by the COM
missoners and agents Of the general estate, to be
appointed hereinafter set forth, and deposited in
some one more of the banks in the city of New
Orleans, which pay an interest on money de-
posted with them, until such time said
nuity shall amount to the Of four hun
dred thousand dollars, exclusive of any interest
which may have accrued on it, when it shall cease
and be no longer paid And as the said fund of
four hundred thousand dollars accumulates in
bank, the directors of the said Society for the Re-
lief of Destitute Orphan Boys assisted by the Mayor
and Aldermen OF the city OF New Orleans, who (the
said Mayor and Adermen) shall approve Of the
purchases Of real estate and become parties to the
deeds by which il ia acquired may from time to
time, good purchases offer, invest it in purchases
of real estate before stated lots and houses and
lots of ground lying within the city of New Or
leans and its suburbs, yielding rents, likely to
yield rents and to increase greatly in value which
real estate once acquired, shall thereafter be
alienaed sold by said institution, but shall for
ever be retained and held by il, and remain its
property. The title deeds of purchase by which
said institution shall acquire said real estate shall
set forth that 1t is made from funds of this bequest
and that said real estate be sold or
by said Society for the Relief of Destitute Orphan
Boys. The funds, when accumulated, as wanted
for the payment OF real estate when purchased,
but for no other purpose, shall be drawn from the
bank by the commissioners and agents Of the gen
eral estate, and paid to the directors Of said
Society for the Relief Of Destitute Orphan Boys and
leans. | recommend to the directors of the so
ciety for the relief Of destitute orphan bows
to keep such houses may be purchased or built
with the funds from this bequest regularly insured
against ali risk by fire, by which means, in case of
accident, they would have the to reconstruct
them. Fourthly: give and bequeath to the Mayor.
Aldermen, and inhabitants of the city Of Baltimore
in the State of Maryland, and their successors for
ever, for the express and sole purpose of establish
ing school farm, on an extensive SCALE for the
destitute and the poorest of the poor male children
and youth; say, frstly, of the city of Baltimore in
the State of Maryland; secondly, of every town
and village of said State; and thirdly of all the
great maritime cities of the United States-say New
York, New Orleans. Philadelphia. Boston, Charles
ton, Savannah, Providence, Salem, &c. ofall castes
of COLOR from the age of four years to that of six
teen years where they shall be sheltered, lod ged
clothed, fed and instructed in the Christian reli.
gion, and plain English education given them,
including reading, writing, arithmetic, history,
geography, ETC., ETC., and taught practically bv
making them labor, the art of husbandry or farm
ing IN all its parts and Details well as the science
generally of agriculture. under such regulations
as the directors to be appointed as hereafter set
forth, OF said school farm shall establish; always
understood and provided, however that the volume
OF the Holy Bible shall be at all times and forever
made use of in the school schools of this ins,itu
ton, as one (and the principal one) of the reading
or class books which shall be used by The pupiis
therein, as the fret object of every school. and
oi al teachng OF the youth oil our country, should
be to implant in their mind. knowledge of
their duty to God, and the relations of men
to their Divine Creator; and that sinpinp-clasaes
shall be established and forever supported, and
singing taught as irregular branch of education in
said schools, by which means every pupil will ac-
quire the rudimens Of the art, and obtain know
ledge IN singing divine psalmody or sacred music.
An annuity of the one eli ghth part or twelve AMI
half per cent. Of the net yearly revenu,, of rents
OF the whole OF the general estate "a
willed and bequeathed unto the Mayors Aldermen
and inhabitants OF the cities Of New Orleans in the
State of Louisiana, and Baltimore in the Stnte of
Maryland, and their successors forever the said
annuity TO be paid yearly or half yearly un Ill such
time as the said one. eighth part of the said net
yearly revenue OF rents of said general estate shall
amount TO the full and entire of three millions
oil dollars, when il shall cease, and be no longer
paid, but with the declared and we'll Understood
intention Tor the purpose of paying off this the
iourth annuity in as short space of time as pos-
sible, that as any one and all three of the first
aforementioned uities filled and paid off or
the tune expires, as in the annuity to the Ameri-
can Colonization Society for coonizing the free
people of color of the United States duTing which
said annuity Is 10 be paid; that then from said pc
riods, respectively, say the period from which the
sad three foregoing annuites shall respectively be
paid OH or expire; the proportions Of the net yearly
revenue of rents of the general estate which were
payable respectively under them, the said annui-
tee shall GO to and be paid TO this the fourth and
last annuity under this my last will and testament
bequeathed TO the Mayor, Aldermen and inhabi-
tanIs OF the city of Baltimore, in the State of Ma
ryhnd and their successors, forever, for the pur-
poec OF establishing a school-iarm, also any
years that have willed annuity Of the one
eighth part, or twelve and half per cent. OF the
net yearly revenue of rents of the general estate
to the American Colonization Society for the colo,
nizng OF free persons of color of the United Staes
above the sum of twenty five thousand dollars
which said society is authorized TO receive in any
one year, and no more, By which means the said
Mayor, Alderinep, and inhabitants OF the city of
baltimore, in the State of Mary land and their sue
sessors, for the purpose of establishing a SCHOOL,
rARM, VIII, under this tho fourth annuity receive
al one period proportion of said net yearly
nue. oil renis OF the general estate of the oneeghth
part, or twelve and half per cent? at another pc
Rod OF the one fourth part, twenty FIVE per cent
or more; atnnother period of the three pars
or thirty seven and bali per cent more ana at
another period of the one half part, fifty per cent.
oil said net yearly revenue of rents of the general
estate, until they shall have received, under s,id
annuity, the full amount OF three millions of doll
lars And the Mayor, Aldrmsen, and inhabitants
OF the city OF New Orleans, in the State of Louisi-
ana, and the Mayor, Aldermen, and inhabtant of
he city OF baltimore, in the State Of Maryland, for
the establishment and support of free schools i'm
said cities and their respective suburbs will re-
coivc the one half of the net yearly revenue of
rents OF the general estate, and no more until
such time as the whole of the four annuties as act
forth herein shall be paid of, from which period
the time when all four of said annuities shall be
paid oh-they, the said two cities of New Orleans.
IN the State OF Louisiana, and Baltimore, in the
State OF Maryland, will receive and divide equally
between them. herein set forth and for tLe pur
poses Aforesaid the whole of the net yearly revenue
OF rents of the general estate to the end of time
ana ior the purpose oil carrying THE my desire and
intent into effect, request, authorize, and ompow
or the Mayor and City Council of the city of Bati-
more, in the State Of Maryland ON the first Mon.
DAY oil January OF every year, to elect one respect
able citizen out of each ward Of snid city nd its
suburbs, but who shall not exceed seven in nnber
nor be members Of the said City Council at the time
who shall be directors therein; VIII directors so
elected shall serve for the term of twelve nonths
and until new election, Oh the first Monday of
January of the following year. shall be made by
the said Mayor and City Council Of directors TO re-
place those oil the preceding year, of whom
shall be eligible directors for two consecu-
tive years, and so on, from year TO year forever;
and said directors elected Aforesaid, shall have
the management Of said institution its funds
and every thing in relation to it; the Mavor
and City Council Of the city of Baltimore hsv-
ing, however, the general supervision thereof.
and to whom the directors are liable for the
faithful performance of their duty therein and
to whom, annually, on going out of Office they
must render accounts of their ad IN nistraton show
ing particularly its receipts and expenditures state
ofis funds its real estate and every thing relation
TO and concerning said institution; which accounts
must be audited by the said Mayor and City Coun-
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