The record-union., 1891-10-02
RIGHTS RESERVED.
THE ENDOWMENT.

The Document Which Conveyed the
University Property.
On the 18th of November, 1885. Gov
ernor Stanford and wife made and exc
cuted the grant of endowment. This
document, which was drawn with con-
summate skill by Hon. Greed Raymond,
is substantially as follows:
Leland Stanford and Jane Lathrop
Stanford, husband and wife, grantors. de-
string to promote the public welfare by
founding, endowing and having main
tanned upon their estate, known as the
Palo Alto farm, in San Mateo and Santa
Clara Counties, university for both
sexes, with the colleges, schools, semi
naries Of learning, mechanical institutes
museums, galleries of art and all other
things necessary and appropriate to a
university Of high degree, convey to
Lorenzo Sawyer, James Mem. Shafter,
Charles GoOdall, Alfred l.. Tubbs, Fran
chs L. Spencer, Henry Nrooman Charles
i. Crocker, Timothy Hopkins. Henry l..
Dodge, Irving NJ. Scott, William Ash
burner, II. w. Hardness, Josiah Stan
ford, Horace Davis, John +. Miller. John
Boggs, I. Is. Mcfarland, Isaac S. Bel
cher, John q. Brown, George f. Gray,
n. W. Spaulding of California; Matthew
=. Deadly Of Oregon; William NJ. Stewart
of Nevada, Stephen j. Field Justice Of the
supreme Court of the United States
Trustees, and to their successors forever.
all the following real property: The
tract of land situated in the County of
Butte, known as Stanford's Gridley
Farm; also, that tract of land situated
partly in the County of Butte and partly
in the County of Tehama, known
and designated as Stanford's Vina
Farm; also, that tract of land
situated partly in the County of Santa
Clara and partly in the County of San
Mateo, and now commonly known and
designated as the Palo Alto Farm. to-
gether with all the tenements, heredita-
ments and appurtenances thereunto be-
longing, with the water rights, water
bitches, pipes, fumes, canals, aQueducts
and reservoirs now used in connection
with either of said tracts of land.
The grantOrs then proceed to detail the
terms upon which the grant is made The
name of the institution shall be the Le-
land Stanford Junior University The
lands and buildings are turned over to
the trustees, To be held forever inalien-
able, the rents and profits to go to the
maintenance of the university. The
trust, however, is not TO take effect until
after the death of both MIR. and Mrs.
Stanford. Until that time they or the
survivor after the death of either. reserve
absolute dominion, free from ali account
ing or liability, over the rents and profits
OF the lands, and over any personal prop
erty they may hereafter give, and over
the real estate-except that they cannot
sell or incumber il.
MAY MAKE ALTERATIONS.
Mr.. and Mrs. Stanford also reserve the
right to alter the terms and conditions OF
the deed-as is provided in the Act of the
Legislature-even to the whole nattlre.
object and purpose of the institution
founded by them. They are TO exercise
during their lives all the duties. and all
the powers and privileges given by the
grant to the trustees. After the death oi
both donors, however, tine trustees are to
enter upon their charge. They are then
To perform the usual duties of managing
lands except that they must farm OF