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The Pamphlet Collection of Sir Robert Stout: Volume 50

Grant

page 10

Grant

We, Leland Stanford and Jane Lathrop Stanford, husband and wife, grantors, desiring to promote the public welfare by founding, endowing and having maintained upon our estate known as the Palo Alto farm, and situated in the counties of San Mateo and Santa Clara, State of California, United States of America, a university for both sexes, with the colleges, schools, seminaries of learning, mechanical institutes, museums, galleries of art, and all other things necessary and appropriate to a university of high degree, to that end and for that purpose do hereby grant, bargain, sell and convey to Lorenzo Sawyer, James McM. Shafter, Charles Good all, Alfred L. Tubbs, Francis E. Spencer., Henry Vrooman, Charles F. Crocker, Timothy Hopkins, Henry L. Dodge, Irving M. Scott, William Ashburner, H. W. Harkness, Josiah Stanford, Horace Davis, John F. Miller, John Boggs, T. B. McFarland, Isaac S. Belcher, John Q. Brown, George E. Gray, N. W. Spaulding, of California; Mathew P. Deady, of Oregon; William M. Stewart, page 11 of Nevada, and Stephen J. Field, a Justice of the Supreme Court of the United States—Trustees, and to their successors forever, all and singular the following described real property:

That certain tract of land situated in the county of Butte, State of California, and now commonly known and designated as Stanford's Gridley Farm.

Also, that certain tract of land situated partly in the said county of Butte and partly in the county of Tehama, in said State, and now commonly known and designated as Stanford's Vina Farm.

And, also, that certain 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.

Together with all the tenements, hereditaments and appurtenances thereunto belonging, with the water rights, water ditches, pipes, flumes, canals, aqueducts and reservoirs now used in connection with either of said tracts of land; said tracts of land being more particularly described by metes and bounds in the paper hereto attached, marked "Schedule A," and made part hereof.

To have and to hold said property and all other property, real and personal, which we, or either of us, may hereafter convey or devise to them or their successors, upon the trust that it shall constitute the foundation and endowment for the University herein provided, and upon the trust that the principal thereof shall forever remain intact, and that the rents, issues page 12 and profits thereof shall be devoted to the foundation and maintenance of the University hereby founded and endowed, and to the uses and purposes herein mentioned.

Now, therefore, further, in pursuance of said desire, and that the trust hereby created may be executed according to the wishes of the grantors and each of them, they do hereby, as it is provided may be done by the act of the Legislature of the State of California, approved March 9, 1885, entitled "An act to advance learning, the arts and sciences, and to promote the public welfare, by providing for the conveyance, holding and protection of property, and the creation of trusts for the founding, endowment, erection and maintenance within this State of universities, colleges, schools, seminaries of learning, mechanical institutes, museums and galleries of art," designate—