Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1898-08-18
j. 7. MILLS B6HEST
To The Lancaster High
School Document
In Full.

JoSepu f. Mills anu mem befS OF the
Lancaster school board
ARTICLES OF AGREEMENT, made and
entered into this 10Th day of July.
1898, by and between j. Warner Mills.
George Mills and Eva Mills Anderson.
children and sole heirs at law of JOS
eph / Mills. deceased. parties of the
first part, and the District School
Board of School District No. 3. town
of Lancaster. in the county of Grant.
and state of Wisconsin, for and on be-
half of said school district, party of
second part,
WITNEssETH, That whereas, the said
parties OF the first part ale DESTROYS of
perpetuating the memory of their
father, the above named Joseph T.
Mills, deceased. who for more than
half century was a resident of and
identified with the said city of Lancas-
ter; and for that purpose have agreed
and do hereby agree TO and with the
said school board of school district
No. 3, town of Lancaster, to create and
set apart a certain fund, to-wit, sum
of money to the amount of three hun
dred dollars. to be kept and held as a
perpetual fund by and for the said
school district board and their success
sors in Office in trust for the uses and
purposes hereinafter named of the
High school of said district No. B,
town of Lancaster.
The said fund is to be called and
known as the Judge Joseph T Mills
Fund, and the principal of the same
shall forever remain intact and the
annual income only derived therefrom
is to be used as, or in procuring. a
prize to be awarded to some student
of the High school of the town or city
of Lancaster, and is to be known and
described as the Judge Joseph L .
Mills Prize. Such award to be made
| by or under the direction of said school
district board and under such condi-
tons and regulations as the said
board may impose. Said prize shall
be awarded to that student of said
High school who shall be adjudged
most proficient under said conditions
and regulations in an annual public
contest in defamation, essay, Grafton
or debate or some live question of
public interest; the said board shall
annually determine whether the said
contest shall be in defamation, essay,
Grafton or debate according to its
view of the best influence for good
upon the said school In considera-
ton OF the foregoing, the said party
of the second part, the school district
board of district No ;. town of Lam
caster aforesaid. for themselves and
for their successors in office, and for
and on behalf of said school district,
do hereby covenant and agree to and
with the said parties of the first part,
their heirs, executors and administra-
tors, to accept the said MUST, and to
receive the moneys constituting said
funds, and to invest and keep invest
ed the said fund in good, safe, inter-
est-bearing securities, and to receive
and apply only the annual income.
thereof for the uses and purposes
herein before set forth and not other
wise, and to apply no part of said
fund or the interest arising therefrom
30 the liquidation or discharge of any
expenses, charges or costs Of any kind
or nature whatsoever. in any wise per-
tanning TO the said public contest, or
TO the preparation therefore or other
wise, but TO use the said income only
by way OF awarding said prize as afore-
said.
In case Of any change hereafter in
the form Of government Of said High
school by operation of law or other
wise. the said party Of the second part
and its successors in office. does
further covenant and agree to trans
nit said fund subject to the trusts
and limitations herein provided, TO
that body which is designated and
empowered by law to have the control
and government OF the spid High
school. and which is the lawful sue
cessor in the management and govern
ment Of said High school, and there
upon said body and its successors
shall be bound BY the terms Of this
contract.
In case the said board or its success
sors shall neglect or refuse Mt any
time to carry into effect the object Of
this trust hereby conferred, or shall
in any way, divert either the principal
or interest of said funds Of any part
thereof, from the object and use here
in assigned and set forth, and apply
the same or any part thereof to some
use or purpose not herein contemplate
ed, then and in such case such fund
shall revert to the parties Of the first
rs ar
ministrators.
The covenants herein set forth and
contained are mutual and equally
binding on all the parties hereunto.
In witness whereof the said parties
Of the first part have hereunto set
their resnectiye hands and seals the