Page:Last Will and Testament of Cecil Rhodes.djvu/35

Rh receipt of the Bursar or other proper officer of the College shall be a complete discharge for that legacy and inasmuch as I gather that the erection of an extension to High Street of the College buildings would cost about £22,500 and that the loss to the College revenue caused by pulling down of houses to make room for the said new College buildings would be about £250 per annum I direct that the sum of £40,000 part of the said sum of £100,000 shall be applied in the first place in the erection of the said new College buildings and that the remainder of such sum of £40,000 shall be held as a fund by the income whereof the aforesaid loss to the College revenue shall so far as possible be made good.

And inasmuch as I gather that there is a deficiency in the College revenue of some £1,500 per annum whereby the Fellowships are impoverished and the status of the College is lowered I