New-York daily tribune., 1859-06-01

| IIil the fluids az the disposal oi the Bsri shsR J.
,'fcrr IN the opinion o. iho sal Boori ot rrss;s,,
tr the establishment II such Polytechnic Sch9ol IT,
said BOari ol Tus,trs nay irusn with room. .,j
, accou ctaiiun tr such school ait may assist "a
HaiL,uaf &C. The reef. Ee Department i. Public las-,,
ton of tie Cry of NeN-fork, tue trustees of eaye
lrge or university, oT auy o,ter body, ioiNiin, "a.
/ diyiiuals
5. To provide Rooms IN The jul,ner, " he Boar,
OF IUsises sufab ior tAe office, 4 soc.e'y % D,
orsanized a. provided n the ect hereinafter speis!y
?. termed io ed o. b. csl-! The A-.caie, of M,
Cooper uon. ard % fora ,i o such s,ciety srrs
g'T-Tal ne,iuAs, on uie evening ~ each g,,k tls
great bal Of tlr building, % ..e council oi tac al
'ocieiy hail reqlii, s su oilel.
I'm. TIE aforementioned ani ic.crlbel p-eal.ses
stall be fre,er suhiec' 10 .ae visitation ana ryinua-
ou. 81 oil REASONABLY, b0ur~, - ths Cogn j o ne sail
S.cIeiy 80 to be ,rgAuiEtd 500 90 0r called Toe 49,
" ciae- of the Cooper tii'r tu- tlc AtvaDcemen' 4
Sci nee md Art the Terms and conditions OF meui-
ber,hp II wlrh shan .ron ilue p" tile d. Vp.cr)ei
by the Board U Trus'cSs ui iie party 90 the second
part, which sag SOcieiy shall make an rules ani rsgs-
laiiuaS for H. own cutu AMI eOyt rument; slbls,'.
however io the approval p the Board Of rfu-e-s d.
the party hereto Of toe secod pnft, aud shall pay >
the said Board o Trustee, lr thc general u,c- ln,eu,s
and puIIoses Of the Corporation hereby creates, here
by ar0 IL the said ao AMI any aci uacaGatory 'heref
provided or 10 bee pfovidrr, a fees received 0n to
niiiutOn into said Soeety OF fhe mrnbers thereof:
aid the said Boarl oi Trustees shall CONSIDER suc,
sugg esiiors Of The C0u ci a.. Tic sat Sceiy shah
ffOu' time Ia tine be communicated u them, ami shall
adopt such 81 tlrLl as ~ tlCl Judgment may o.
tcahle ard eXp dtrt, agd calculated Ia Increase "a.
usefulness of tie institution herein contemplated.
.>rtk Upon the happening Of any yacan'y in ths
Board Of Trustees above provided tor, which is a5OVs
provided TO be filed 10y election, uress such vAcany
shall be tled herein provided within one year u
the tin when vacai cy -h hr occur the same may
b. filed any line before shall DE- actually iled BY
tie Boa'd ot Trustees, by The r Couucil Of The al
The As,oo ,s o the Cooper tn.on for the aysnce-
IA ent of Scs nee mi Ara. bv election IN such man.
as may Ircsiced by the by-aws of TIN said 30.
cIcty
StrtnA Wherever a vacancy shall occur in N,
said Board q Trustees 10 be ted by them by cleo
tion as above provided each ION sna be- held ss
II e,itg oi the said Board Of Ir.teos AM only a.
previous notice given Al and cutced IN the inmates of
al least pr, cedng regular me-, ting of such Board
stating tie meeting St which such election -hall bs
held, sud at such meeting, or AZ any regularly 81
ourned meeting from that meet ng sucn election sbal
be held b, ballot end the person hnst having hreef
the votes cast shall be the Trustee % al such yacarey;
provided that It such perou elected shall decline 10
sct ~ such Trustee by 80 decitug the vacancy Sled
by bis election. shall be deemed tu be again created.
E.giH Neglect by Trustee of his duties a. such,
Indicated by his absence without excuse or perni.soa
ot the Board If Trustees, from three successive regn-
lar meetings of the BOard, shall always be- sufficient
cause. among Others for the removal ola Trustee.
Ninth H. the event of the partial destruction OF he
building now erected upon toe above mentioned and
de cube premises the inurs thereby occasiOned shall
be repaired 10y the Bosrd of Trustees. In the event
of the entire destruction of said building, the BOARDED
I usees shall unless as neXe hereinafter provided, re-
eret building suitable for the objects ani purposes
he Elm above enuueraei with any funds nj 'her dls
posal whenever such funds ,ha be sufficient in Their
opinion for that purpose and until the funds at their
poal shall be sufficient or that purpose, snch funds
shnll b. securely iuvrted IN the nanc OF the party
hereto of the second part, aud the above mentioned
and described premises uay BE- uset or disposed of by
the Board If Trustees for any Temporary purpose cal.
culaiei to y eld the largest inc pme.
1enM. In the event of tbe entire destruction Of ths
l.. .t.I aud
ribed pre ni.es the Board of Trustees may, al their
option with the consent of the Supreme Court, sell ani
c INey, aLd they are hereby empowered to sell and
convey the said premises with sucn consent aud with
proceeds If such sale and conveyance aud any other
funds Of their disposal, the said party of the second
part shall purchase such other shall in their judg-
ment be suitable, aud shall thereon erect building
suitable for the objects herein before enumeraled and
To- such premises all the restrictions, provisions and
conditions hereof shall apply with Ike effect as If -ad
premises were the premises herein granted, conveyed
as aforesaid.
EIerenth: The party hereto Of the second par u
hereby expressly forbidden ever 10 mortgage tbs
aforementioned and described premises or any par.
thereof.
Ttreltth. The Board of Trustees shall not conrsc.
any pecuniary Obligations for any current year, ssys
such ~ the revenues rents aud income Of such yesr,
t. BE- at their disposal, with s5OO0, or such smaller
sum as will be the difference between 5000 and the
amount of any existing indebtedness AZ the commence
me OF uch year II there be such existing indebed-
ress added thereto, viii suffice Ia pay IL beng the
press intention of this provision that the said party Il
the second part shall rever be IN debt more ihsn
500, excepting only, Indebtedness incurred for any
year in anticipation Of the revenues, rent and income
of such year and for any debt incurred beyond tho
above restriction aDd limitation the said Corporaton
shall not be liable bu; the Trustees shall ever b. per-
sonaly liable, provided that no irus'ce shal ever %
responsible for or upon any deb, against incurrns
which, he shall have voted, when the Board OF Irus
tee. sha have determined to ncurthe same, againt
ncuiring which, he shall have made, to the Board dd
Trustee, and filed with them written reInonrirspa
TO incnrrng such debt at any time before the cOnrrt
is made By which the same il to be incurred.
TAtrfeenh: Every Trustee Of the party of the ser
ond part shall be at AL tunes at liberty, in hls dsce-
ion, To publish any matter within hls knowedge reia-
ing TO the Institution herein Contemplated, or to ~
mapageu ent in any respect, incnding any dlscueons
with the Board of Trustees, ard -hal fully disclose ns
same whenever reqaiIed by the Supreme Court, @ot
eirher branch Of the Legis-tnre Fuil minutes snsi
be K. pt by the said Boad of all their proceeding, aud
the syes and noes shall be recordedon any vote 90 ne
request Of any member. Neither the said Board Of
Trustees uor any member thcs,of, shall IN any way
take into account any religious tenet or opinion of ay
professor or teacher of any candidate for any oee
in said nsttston, any appointment or removal ifow
such Office, Of any student applying for aimis'oa
into said institution, competing for aoy d II. nonos
or advantages; nor sbal they permit any professor
teacher in said institution 10 make any di-cnmnsna
among is students account Of their religious tshea
or opinions. And the Board of Trustees, and eafn
member thereof shall at all times furnish any inionns
ton in respect to their funds revenues and proceeds
which The Legislature may require -.
Is WITNESS rheroof, the said parties hereto Of us
first part have herrunto set their hands and seah 'n'
day and year first above written ooo,,. ,,.n
SARAH COOPER tsesL)
In presence Of EDw.ED CoorER and saS,H HEWITT
State # Ncr- York, cry and County Of Nse,fsr1,
g.. On the 4th day OF May, in the year 1881, oe'o's
me personally came Peter Cooper and Sarah Coop,
his wife known 10 me To be The individuals descnoea
in and sho executed the foregoing deed, and they ~''
orally Acknowledged that they executed the sane
And the said Sarah, in n private examination ~ me
a. ..,.xa,a al s,.r, gy,,p, har ushend acknOvis