liamson , of the city of Philadelphia , merchant , in order to carry out the object I so long have had in view , in the hope of supplying a long-felt want in the community , and with the intention and design of founding and endowing in perpetuity an institution to be known as the Williamson Free School of Mechanical Trades , with its name to be changed to “ Williamson College of the Trades ” to be effective on or about July 1 , 2015 , and hereinafter designated as the “ college ” do hereby make , constitute , and appoint my friends John Baird , James C . Brooks , Lemuel Coffin , Edward Longstreth , William C . Ludwig , Henry C . Townsend , and John Wanamaker , all of the city of Philadelphia , and their successors in the trust appointed or created as hereinafter directed , the Trustees to hold the title to , erect , equip , maintain , direct , and manage the college … .
I declare and direct that all moneys received by the Trustees from the fiscal trustee or other sources shall be received , held , and used by the Trustees for , upon , and subject to the trusts and confidences , and for the uses and purposes hereinafter declared of and concerning the same , and for no other , that is to say : --
Out of the moneys received from the principal of the Building Fund to purchase , pay for , and take title to in the name of the Trustees , as trustees under this deed , a body of land not exceeding in the aggregate three hundred acres , situate in some suburban part of the city of Philadelphia , or in either of the counties of Bucks , Delaware , or Montgomery , in the State of Pennsylvania ; to prepare said land for the purpose and to erect thereon suitable buildings , structures , erections , and appurtenances ; to lodge , board , teach , and instruct as many scholars as , in the opinion of the trustees , the revenue of the Endowment Fund , and other sources of income herein authorized to be expended for the purpose , will provide for ; and in addition thereto to lodge and board as many other persons , such as officers , superintendents , teachers , instructors , agents , workmen , and employees , as in the opinion of the Trustees it may be necessary or convenient to lodge and board upon the premises , for the purpose of fully carrying out the design I have in view , and of completely establishing and successfully maintaining the college herein intended to be founded and endowed ; and thereupon out of the said moneys to furnish and fully equip the college with such furniture , stock , materials , machinery , tools , implements , books , plant , and equipment as in the judgment of the Trustees may be necessary or convenient for the purpose ….
I direct that all the principal building and erections shall be constructed of stone or brick , and made as nearly fire proof as can properly be done with the amount to be expended upon them . I leave to the judgment and discretion of the Trustees the character , number , and extent of the said building to be erected , but as the great object to be attained is to board , lodge , educate , and instruct in mechanical trades those who , when arrived at manhood , will be obliged to labor with their hands for their support , I particularly direct that all palatial structures , expensive materials , and
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