The new North-west. [volume] (Deer Lodge, Mont.) 1869-1897, 1882-03-03

AhS paSpooAhois Va taSb iut6tAhm Mtic tiS-
cussed and financial proposition from Mr..
s. Il. Larabie was submitted and read.
Mr. L. III. Irvine then submitted propo-
sition which rs amended read as follows:
To the Trustees of the Montana Collegiate IN
stitrtte:
propose to lease the grounds, buildings,
instruments, apparatus, and other property
of the Montana Collegiate Institute--not to
include blocks Nos. 56 and 81, I'm the town of
Deer Ledge, nor any part of the unpaid sub
scriptions, which are to remain under the
charge and subject to the disposition of the
Board of Trustees-for the period of ten
years, upon the following terms and condi-
tons:
ON MY PART.
list. To assume the Indebtedness of the
Montana Collegiate Institute and pay the in
tereSt thereon, provided the same does not,
on the LIST day of April, 1882, exceed 5000.
ID. To build npon the College grounds and
detached from the College building, quarters
and accommodations for teachers and pupils,
sufficient for present demands, TO be CON-
pleted on or before the 10th day of Septem-
Der, A D., 1882, and at a cost of net less than
81, 900; and thereafter to make such additions
rs the future necessities of the Institute for
boarding facilities may require.
81. To select and furnish for the Institute n
corps of teachers or " Faculty" competent to
give instruction in the following branches:
a: All the ordinary English branches usual
ly included in a college curriculum.
b. A full course in Mathematics.
c. Greek and Latin.
d. German and French.
e. The Natural Sciences.
f. Vocal and Instrumental Music.
4th. To keep the College and other build.
ings in good repair, and insured in a first
class company designated by the Board OF
Trustees, TO the amount of the present in
debtedness of the Institute. Also, that the
janitor employed by me shall take charge
of the grounds during school terms, and Mt
tend to the proper irrigation of the same
with water to be furnished by the Board OF
Trustees.
9th. To obligate myself that under my
charge the Institute shall not at any time be
conducted in the interest of any political
party or religious sect, but at all times strictly
| in accordance with the principles upon which
| it was founded and organized-nonpartisar
| and non-sectarian.
ON THE PART OF THE TRUSTEES.
LIST. To give me full and free use, for school
purposes only, of the grounds, building, and
other property of the Institute which | have
| hereinbefore proposed to lease, for the periot
| of ten years from the LIST day Of June, A. ID
| 1882.
| ID. To sell, as soon as a sale can be mad,
legally and to good advantage, the said
blocks Nos 90 aud 81, and apply the proceed
thereof, as well as the proceeds of all out
standing subscriptions which may hereafte
be collected, TO fencing and ornamenting thu
College grounds and bringing water on thu
same for the necessary irrigation.
3D. At their option, on the expiration o
my lease, to refund to me the amount now Il
be advanced by me, together with the valu'
of such improvements a. j may make (sucl
value to be determined by three disinterestet
parties), and also the amounts may pay on
for insurance, all without interest; or failing
to do so, TO convey to me the said ground
and premises in fee simple, for these consid
erations.
In case of noncompliance on the part o
myself or my representatives with the term
as herein proposed, the Board of Trustee
shall have the power, on refunding the mon
eys advanced by me, TO declare forfeitur
of my lease and take immediate possession
of the grounds, buildings, and other propert
of the Institute. EDWIN III. IRVINE.
H.. Zenor moved that Mr.. 4. III. Irvine
proposition be accepted.
James III. Mills called for the reading {
the proposition section by section.
The motion was carried and as amende
the proposition was adopted unaimousl
, Ms the advice of stockholders to trustees
: the proposition to be accepted by April
: 1882
On motion thestockholders rendered a voi
of thanks to Mr.. Il. III. Irvine for his liber'
proposition and for the interest and effort l
: has uniformly manifested In behalf of the Il
stitute and In the interest of education.
NJ Amotion to publish the proceedings In th
I New NORTH WEST prevailed, and the NEE
, | ing adjourned sine die.
i Il. III. IRVINE, President.
!, ADDISON SMITH, Secretary.
Il
VI The foregoing shows In brief the result
an interesting meeting of q majority Of u
!. stockholders of the Collegiate Institute. I
: nal action win be had by the Trustees,
4 whom legal action can be hal, and who W
: have to consider the matter from busine
|, standpoint and contract al they may dee
!. best. The proposal of Mr.. Irvine, who fro
! the first has been the most active memb
and one OF the largest subscribers to the
stltution. met with the unanimous approx
y Of the stockholders present and Is in perfe
y accord with the purpose Of subscribers.
meeting of the Trustees will be held within
= fortnight and final action taken. Mr.. Irvi
y il In earnest, and has In contemplation I
y establishment Of the Institute on firm has
y with Faculty and Management that "
command the best results The assets Of !
Institute that will be available are suffice
At to fence and improve the grounds with ire
h walks. and lawns that will each yea becol
re more attractive, and from tho commando
is situation be the most attractive feature II
b town already noted for its beauty and pub
70 edifices.
l