Agreement Between the Donors and Managers of the Vanderbilt Clinic and the Trustees of Columbia College in the City of New York: Dated January 9, 1896 (Classic Reprint)

Excerpt from Agreement Between the Donors and Managers of the Vanderbilt Clinic and the Trustees of Columbia College in the City of New York: Dated January 9, 1896 And whereas, the building which the Donors proposed to erect was thereafter duly erected at the southeasterly corner of Sixtieth Street and Tenth Avenue in the City of New York on land of the said College of Physicians and Surgeons, and was duly furnished and equipped, and thereupon the sum of or thereabouts, was provided by the Donors as an endowment fund, and securities representing the investment of said sum, with all accumulations and additions thereto, are now in possession of the Managers, who have duly applied the income thereof to the support and maintenance of said Vanderbilt Clinic; and whereas, the said College of Physicians and Surgeons on or about June I, 1891, by authority Of the State of New York, duly granted, conveyed, assigned and transferred to The Trustees of Columbia College in the City of New York all its real and personal property (including said Vanderbilt Clinic, with all its furniture and equipment) and whereas, the Donors on or about December 7th, 1894, submitted to Columbia College certain propositions in writing which were duly accepted by Columbia College, but which were subsequently modified by an instrument in writing signed by the Donors and dated February 4, 1895; and by said propositions (as modified) the Donors offered to con tribute a sum not exceeding in all, for the purpose among others of enlarging the building theretofore known as the Vanderbilt Clinic and of furnishing and equipping the same; and the Donors have up to the day of the date of this agreement paid to Columbia College the sum of out of the said total of and are ready to pay the balance whenever requested to do so; and whereas, in the instrument first above mentioned the Donors stated that if their proposition met with the approval and assent of the Trustees of the College of Physicians and Surgeons they would at once execute the necessary legal papers for carrying it into effect, but such papers have not been executed, and the parties hereto are desirous of now embodying in a single paper the various agreements recited above and of executing such an instrument as shall effectually and lawfully provide for perpetually carrying out the inten tions of the Donors, and shall accurately define the respective rights and duties of the Managers and of Columbia College. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.