Page:Oregon Historical Quarterly vol. 24.djvu/106

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90 Charles Henry Carey the Oregon Institute. They have chosen trustees, com- menced a building and expended a few thousand dollars. After the meeting was organized, I stated to them that I had settled it in my mind to close the Indian School in this place, and that if they could arrange their affairs so as to deem it proper to purchase the building used for the Indian School, I was ready to sell it to them on the following conditions : We reserve the parsonage, which is perhaps forty rods from the school building, for a parsonage, and as much land with parsonage as shall be judged proper. Also mission mills and as much land with the mills as we deem desirable; then I would sell them the large school building and our title to as much land as we reserve for the parsonage and also for mills, for four thousand dollars, with annual interest at six per cent, payments to be made annually of $500.00. It is, furthermore, understood and declared that if Rev. J. Lee has obtained, or shall soon obtain any title from the Congress of the United States of this land for the Mis- sion of M. E. Church, such title shall be conveyed to the trustees of Oregon Institute. It is also agreed that if said Mr Lee obtain from Congress a title as above, to more sections of land in this plat of land (formerly designed for the Indian School) than are embraced in the parsonage lot and in the mill reserve, also an equal amount of land to these reserves to be connected with a [the?] large building, then and in that case the surplus lands are to be considered the joint property equally be- longing to the Missionary Society of the M. E. Church and the trustees of Oregon Institute, and their successors in office. They appointed a committee from this Board of Trustees to make the purchase, said committee were also authorized and directed to sell their former premises. In this arrangement there was great unanimity of judg- ment and feeling and it is hoped that a foundation was laid for a literary institution which in its influence will contribute much to the intellectual and moral interest