A testator devised his estate for providing andpound;108 a year for scholars and exhibitioners of a college, and the remainder of the yearly rents for purchasing advowsons for them. By a codicil, he gave for a school and schoolmaster a house and land at Bala, and andpound;15 a year for the master, and andpound;15 to the scholars, and he gave the money necessary for keeping the school in repair; ‘there beirig andpound;4, 17s. of the present rents ‘I of his estate in Merionethshire, above the andpound;108 to the scholars and exhibitioners at the college, and andpound;15 to the schoolmaster, and andpound;15 to the scholars at Bala; but the house and land at Bala ‘being of the yearly rent of andpound;3, 13s being so much of the andpound;4, 17s., the remainder thereof is andpound;1 5s. per annum for the repairs.’ The rental having greatly increased, held that the school ‘was entitled to such a proportion of the increase as andpound;4, 17s. bore to the whole original rents.
Citations:
[1861] EngR 322, (1861) 29 Beav 163, (1861) 54 ER 589
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Updated: 15 May 2022; Ref: scu.284083
