d with plows, hoes,
spades, axes, clothing, garden-seeds, etc.; also with letters of
recommendation to the colonists, and with a copy for each of the volume
of the Holy Gospel of the Old and New Testament, as the most precious of
all the gifts we have it in our power to give or they to receive. The
will then proceeds to provide:
'And for the more general diffusion of knowledge and consequent
well-being of mankind, convinced as I am that I can make no
disposition of those worldly goods which the Most High has been
pleased so bountifully to place under my stewardship, that will be
so pleasing to him as that by means of which the poor will be
instructed in wisdom and led into the path of virtue and holiness.'
He gives all the residue of his estate to the corporations of
New-Orleans and Baltimore, in equal proportions of one half to each, for
the several intents and purposes set forth, and especially for the
establishment of Free Schools for all classes and castes of color,
wherein they shall all be instructed in the knowledge of the Lord and in
reading, writing, arithmetic, history, geography, etc., provided that
the Bible shall be used as one of the class-books, and singing taught as
an art.
And now comes the ingenious scheme which had engaged the constant
thought and study of the testator for forty years, by which the grand
passion of his soul for accumulation might survive the dissolution of
his mortal frame and still direct and control the acquisitions of his
life. Of his real estate, no part is ever to be sold; but it is all to
be let out on leases, never to exceed twenty-five years, to be improved
by the tenants or lessees. At the expiration of those leases, the
property is to revert, free of cost, to his estate, to be thereafter
rented out by the month or year. All his personal property is to be sold
and converted into real estate, the aggregate of which is styled his
general estate, which is 'to constitute' a permanent fund on interest,
as it were, namely, a real estate, affording rents, no part of which
fund (of the principal) shall ever be touched, divided, sold, or
alienated, but shall forever remain together as one 'estate.'
The net amount of rents to be divided equally between the two cities, to
be applied as follows:
1. An annuity for forty years of one eighth part, or twelve and a half
per cent of the net yearly revenue of rents of the whole of the estate,
to the Amer
|