Establishment of Free Schools and the
Advancement of Learning in this Province'--upon and under the
conditions, restrictions, and limitations, and to and for the ends,
intents, and purposes following, that is to say, upon condition that the
said 'Royal Institution for the Advancement of Learning' do and shall,
within the space of ten years, to be accounted from the time of my
decease, erect and establish, or cause to be erected and established,
upon the said last-mentioned tract or parcel of land, an University or
College, for the purposes of education, and the advancement of learning
in this Province, with a competent number of Professors and Teachers, to
render such establishment effectual and beneficial for the purposes
intended; and if the said 'Royal Institution for the Advancement of
Learning' should so erect and establish, or cause to be erected and
established an University, then upon condition also that one of the
Colleges to be comprised in the said University shall be named, and
perpetually be known and distinguished, by the appellation of 'McGill
College'; and if the said 'Royal Institution for the Advancement of
Learning' should not so erect and establish, or cause to be erected and
established, an University, but should erect and establish, or cause to
be erected and established, a College only, then upon the further
conditions that the said College shall be named, and perpetually be
known and distinguished, by the appellation of 'McGill College'; and
upon condition also, that until such University or College be erected
and established, the said 'Royal Institution for the Advancement of
Learning' do and shall permit and suffer my said wife, and in case of
her death, the said Francis Desrivieres, to hold, possess and enjoy the
said last-mentioned tract or parcel of land, dwelling-house, buildings,
and premises, and to recover, have, and receive all and every the rents,
issues, and profits thereof to and for her and his use and benefit: and
upon this other and express condition, that if the said 'Royal
Institution for the Advancement of Learning' should neglect to erect and
establish, or cause to be erected and established, such University or
College as aforesaid, in manner aforesaid within the said space of ten
years, to be accounted from the time of my decease, then and in such
case the said conveyance and assurance so made to the said 'Royal
Institution for the Advancement of Learning' shall, from and after