WHEREAS the land described in Schedule 1 is now vested in Thomas John Thompson, of Richmond, in the Provincial District of Nelson, Gentleman; Frederick Blenkiron Peart, of Wakefield, in the said provincial district, Schoolmaster; and Henry Rowe, of the City of Nelson, in the said provincial district, Draper—upon trust for educational purposes: And whereas the lands described in Schedule 2 are vested in the said Thomas John Thompson, Frederick Blenkiron Peart, and Henry Rowe upon the like trust, but subject to a lease thereof to the Education Board for the District of Nelson, for a term expiring upon the fifth day of May, one thousand nine hundred and fifty-eight, at the yearly rental of twenty-five dollars: And whereas the said Thomas John Thompson, Frederick Blenkiron Peart, and Henry Rowe are desirous of vesting all the said lands in the trustees for the time being of the Bishop Suter Art Gallery, hereinafter referred to, but subject to any existing tenancies affecting the same: And whereas by a certain deed of conveyance, dated the eleventh day of May, one thousand eight hundred and ninety-five, Amelia Damaris Suter did convey unto the Right Reverend Charles Oliver Mules, Bishop of Nelson; Francis Trask, Mayor of Nelson; John Graham, Member of the House of Representatives for the Electoral District of Nelson; Joseph Henry Cock, Merchant; James Sclanders, Merchant; Benjamin Aylett Branfill, Gentleman; Albert Pitt, Solicitor; and Charles Yates Fell, Solicitor—all of the City of Nelson, certain property in trust for the promotion of art in the said City of Nelson as they from time to time shall think best, and in particular for a site for and otherwise for the establishment and endowment of an art gallery for the people of the City of Nelson, to be called
“The Bishop Suter Art Gallery”:
The reference to
“twenty-five dollars” was substituted, as from 10 July 1967, for a reference to
“twelve pounds ten shillings” pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).