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(i4 Di'iiimiioiid Stivrt, .M(Jiitreul, \vl iiiiti'i'iil, 1,'ciitlciniiii, t'oriiu'rU- 1ms a k'j;nl I'ijrht, iimlri' tlie law ivyulatiii" Kl I" claiius that li \\v whole." ("Statu of Ills lirothor, the \x\iv Hii-h Fi'as.T, a^ his hrir : [ frust created hy ami iiialcr till" will (.f the said late Hiii,di Fra-er to e eeiiKjsynary L'oi'[ioiMti(iiis, to clniln ieeanse the tlu" 1 raser lii-ititute has In stall en lilokeii. relld not made ; .iii.l. in sueh a eas,., when a trust is Kroken the 1 ernie- said irust nidi and void ns it' deela That ti lands 1,'raiited them to the e.iv|ioiMt:on aw (ai corporations ilid leneiiients shall ri'Velt to the lierson, or his heirs, who That, m crratine- tl said trust, estimated at ahcait S.5(»IMMI(), the Testat( And it i.s my will and desire that they (his Trustees) do hold tl trust. Tor the foih le same, in " T, Institii >\\ ni;.'' inlents and |)Ui-]ioses, naiiie|\- estalilis], ;,| .Nhailiea!. in ( 'in idii. an in-ti!iiti..n lo hi to 1 '1 1 called the l<'raser 'ecoiMi.os.l ,,r;i l-Vrr I'uMic l/lav.rv, .Mnseiim and (iallerv, to In 'open to a'l linnest and re:-;].'ci;.',i!i. p,;-.,,)ns wh ' without, dibtiuctiyiij * »■*«■« ■■'oi-iiini; free access" :iis,)e\ rr nt everv rank in I if. of Useful kuowlcdfre li\- all' iiiUiiely.; to the ililtn |i!;!,*>iii'cts an4_,gjdjects t,\^\ tu„ woi-kaof ft»<* to all (Usiriiii; it, to hootslTST"" An.l t(A the pn.cnnng.such lKi.,ks, s,it;je?tramVo1^ts''AW^ 'of wy (•^tak will wrw, after aci|uirin<,' th 'appropriate huildrn<,'s, etc reiiuisite properly imil erecting That hy the !•' d'h )unders will 111.. Kr,is..r li|..fiin(e is limileil to th,. u-e of tlr revenues ol his e^tat'' n.s tin That tli(. will ,d' t'i<. Foiii ,'/ " ;// .. , the F thet Instituti I'ler e institutes the >taiiites ol' the roiindat the li.'^iislative Chart ion of rown to carr\' out tin. intent! the F er IS Miiiply tie- ,i "Under, titi ior;/.;iti( n ol Tl Kl le law re_i;-nlatiii^' corporations deelaivs that niosynary eca'porntions are distinguish, .(1 from otheis 'they have no incidental powi.r of lenislaticai ; thev ar<. tl their Fun to whicl ndt.r, aui 1 he aliaie has a riyht to p le iiii.r(. creaturt That if 1 his chai-ity shall hi which tli(!y have no power to alter, niodifv or ainem ilied. His statut ireserilie tni' ree-ulations aeeorilini,' ( s are accord in',,dv thi'li- law; I.- E.Hnirl fmm Ihr Fini i}' I >,-.•< ,riU ,rs-i„-r:; „;/ tin' Hn:n;l ,,/ <''<'rr,H,rs : "And it is my desir,. that thre,. p,.r.,oiis shoulil lie nai I hv my ,sai,l "Trustees to ( ,pos,. with them the lirst Board of (iovernors of ih,. Fraser "Institute, which it is my di'siiv .shall alwavs he coni])osed of live persons pro- "fcssinir some form of the Pn testant faith, with pow,.r to them to suiipK- an " vacancy cau.scd hy death or resieriiation, or hy any crime or olfeiice, the conviety^ai " whereof shall vacate the tenure of office of the oti'ender." E.vtr((rt from the Founili'rs will rrsperthiu Ihc Formalin,, ,u the Fmner TnstitiUr: " I desire that the residue of my estate and (.ffeets, after vlrduction of the "expenses of the mana,<;ement thereof, shall he forthwith c"oii-<'-eyed over to the "corporation to he therehy foiined to lie called the Fraser bi.stitute, for the pur- " poses herein deehiicd " I ^uii**.'*"^* S(»I,|;M\ HKCI-AUATKiN dl' ■I'lli; SAID .KilIN I'l! ASKli : I Mill M hmtlii r c.nlic Int.' llii;.'li Fnisir. tln' l''uiiiiil.i- (if llir l''insci' Ill^titllt.', iiM'l 'nil- to Ills I'stati' ; 'I'lmt liicIJi II Mill' Kmiiis, |iiil.lic iircdniitiiiits. f'liniislii'il till' 'rnisti'fs with full ^tlltl■lll.•llts iiikI II npoii (if ilir Mlliiii's 1)1' tlii'istiiti' t'nrtlic |iiir!iiisr lit' liiivini,' till' l''iiiiiii|i'rs i-mti' (•(iiiMVni nil- ti) till' l''ni-iiT liistitiiii' 'I'lmt iliii-r in'rouiits (if Hiiiijill iiMil Kvniis iifi' ril'iirni In mi |mi,"- l'>iiii'l l(i III till tirsi Kiiinil iif till' l'"ni-i'V iii^titiiti- ; 'I'liiil llif {''iiiMT lii^lituli' ciiuMil llirir SiTiTtiiiy. ■Iiiliii lliiiiy .Mni/irs. In iiiiiki' iiiil iiliii-r m riiiiiits ; 'I'liiil till' KnisiT jii^titiiti' |iiii>l Hiilili'll iiii.l Mmiiis ilir >\ini ni' t\\r liiniilriil (Inlliirs ti. iilitilill llnir riTlilirMti' III ll iiriMiuiits us liiiiijc nllt liV Mcll/.ics : 'I'lmt till l''iilllii|iTS I stilti' WHS cniiM'yc.l (iMl- liy Ills 'I'nisti'is to llic Fniscf lllstitlltr llllijl'l- tlliisr flllsi' niM'lillllts Jls lllllilr Hilt liy Mrll/jcs, US pl'l' Dl'Cll No. h(>|:i. |iiis-i'il liit'ori' \V. A. I'liilliii.. Nnlaiy, mi tlic rlrxnitli iliiy of DirniilMT, Ih74; 'I'hiit it wilMii' fomiil on nil iiis)ircti f llmt Dml, No Ml!.'!, in tln' oilier of \V. A. I'iiilliiis, Niitiiry, tliiit tlw accoiiiits tlicivto attacln'il, ami iiiion wliicli till' I'liiiiiilir's islali' WHS niiivryrd ovi r to tlii' KiasiT In^tituti', aii' wlmlly iiml altolii'tliff ill ill.' liMiiilwi'itiiii.' of Mi'ii/.ii's; 'I'lmt tliosi' iiri'oiinl'i of tlir l''oiiiiilii's I'stiili' lis iiiinlc out li\ Hiililcll and Kmiiis w.'i'i' sn ii/iri-isiil iimt lii'l'l'i' from tin' ]iulilic li\- tlir l''nisi'i' Iiistitutr. .iini tliosi' falsi' iii'i'iiiliits of Mi'iizii's siilislituti'il in tln'ir -trail ; 'i'lmt till' pvisi'iit. ( loM'i'iioi-. of till' l'"iasi T Instituti'. naiiu'ly : liiclmnl I'.. Animus. Sir Doimlil A, Sniitli, .loliii II. IJ. Molsmi, Hii;,'li McLt'iiiiaii nii.l K. S. Clouston. Imvi' ami Imlil in lln'ir pnssi'ssioii tlmsi' ,M(/,//r™.s'c>iif fully i^/c IhukIi-c'I thmixn ml ■ iMIxtrif, m tliiTi'iiliimts, as iimy In; cstahlislii'il liy a con i pari. ^on hotw'cPn thosi' falsi! lUTouiits IIS iiiii.Ii'iiyt li\- Mi'ii/iis ami tlir Monks of Account of tin- Fimiula)-'s _ ^^ -^- ' ''I'li'iiiiwilf^'in't *•- ""•' -^-^ I ■■•■ «««"--^"***'*' ■»■"-■'"--■■■ N^ary, ori.tlir Fmsrr Institiitr, on the 'iotli liay of Frliiiuiiy. A.ll. WM ; Tliiit tbr pirsi'iit (iovcrmas of tlir FrasiT Iiistitiitr, to wit :' R. J5. Aii,undrr'w .VI, by the election of Richard B. Angus, to beagovernor when tliri'e \vr..; no ■>»ea,, 'v ither by death or otlierwLse, on said Board to be Hllrd ; making w> ;y...'«rrt(/r. instr, ■! of /J cr, thereby forfeiting its charter. Thai i" 111' tile M ry 1 1 '.rinning the (iovernors of the Fraser In.stitute have ,.> yed f(tnt ."ml '.')o-r \s ilh the Foundei-'s estate, as herein above referred to ; and t: '• .-ai I Gov.iiiiirii have hamiinl 'he Founder's estate as if it were a mere /'/ffy- fliinii ill their liii'idh and not, ns it i;, amrred pnhlic li-mf, entrusted to their iimliag' irerii, as the saH protest. No. I..17, charges them ; f ^ I / ^ m (3) 'I'lial ilir pri'si'ht liovonmis 111' the Krii.^ir Instiiutc arc pur-iiiii^ tln' eaiiif |)cilicy as their [ir'c'ilfci'smirji in tliiif liaiicliini,' of tlic Kminiii'r'.-i cstatt' : 'I'liat, lutf'ly, I liail iici'asinn tn rcail over their twn hi.it l'lf: KN'I'ltAC'l'. "Ii4 MlUMMnMi SrilF.KI', '■ Mmitniil, lltth Noviiiilii r, ISH.'). " H. h. AMii> K-M|iiirc, • I'rcdilt III 11/ IIh Frd'or lii^filii'r. Mnnli'iid. " Dear Sir, " I, vistcnhiy. eiireie>>ly |iii'lsi(l up yiww I ira '.liii\v liy those two last I{e]iorts, ' I'lisrlllcd IhthtinCa' "(!3i:{,SI l.,s:{ ami S:i,'_':is.'20)aim)iiiitiiii,' to!*7,0.">0.():!, ami whieli amount you char^'c ■ til the ileliil of the ('apit.'il Account ' of the Foumlcr'.s estate. ■' Whereas sui'h Iml.-niees iievei- hinl any existence hy your own showiii;,' ami " hy yum' own K"ports. • Th'Tcfore such a tiMii^ferof .>:<7.()."(().0;'. to fh- ilehit of the Cn i,'iliiul, ))ure aii'l simple, upon his estate. " Yours resjieetfully. • Siu'iicl, .1011 N FUASFH." 'ci ,. ;,,!,_ \ol jujpear iiv a!iv,','J.\the_l{i.'iMii'tsj^if sa'^il l"'ras"r Institute that al they hiive any such an ii-ount a< a (\iinl,il Arninnl: therefoiv this - ('apit Account" is a .1/////' or' a ' (iniiiJ Da m :ii n;! AcoHii/ TMK 1 7 III KKI'OIIT. What a farce ! To hi' informal hy the (lovernors of the Fraser Institute, nt this ilistant ilay hy their 17th Heiiir:, after they have collecteil, ilnrin on ■ special ile]iosit, " in the Molsons Hank ; while, at suae tinu', am! on the sarac statement, of tlmt 17th Uei)ort, they show that they owe the Molsons Hank !»(;,0()H.(1!) on Mleneral Accianit . ' where, uniy 1 ask, iloes that " special ile]>osit " exist ? While, nt the same tim\ this 17th Uejiort discloses the fact that the Foumlers estate is at present morti;;a,i,'cil and pled^eil for dehts illetrally i>lm'eil upon it hy the Fraser Institute for over .*()0,(»0(); That the Fra.ser Institut" is the mere creature of its Founder; created hy him under the trust as contained in his will, as aforesaid : ami he aUaie, the Founder, has a ri^dit to pn;si;ribe the r(^i,'ulations acconlini; to which his charity shall he applied . his statutes are a«corilin>,'ly their laws, which they have no power to alter, modify or amend : That the Founder, in creating the tru.st to cstahlish the Fraser Institute, dearly ami distinctly prescrihed the regulations according to which his charity should 111' applied, namely : " And to the ])rocuring such hooks, suhjects and objects, as far as the revenue '•of my estate will serve, after acipiiring the requisite propi;rty and erecting " apjiropriate buildings, etc." •i'hat the said trust was broken and bt;canie forfeited when the Fra,ser Insti- tute mortgaged or pledged the Founder's estate ; (4) ■n ''::;'rr:,:t:t;,::ri'S,;:::;n::::;:"^ tlic wlinlf .■I' lll^ i)iss()i,rri()N or .\ coiti'oUATioN. r:;::;::r:;;t?;:r::::u:;;'"........ -- .■'"- '■■':';;;;j;:;::;:'':t..u^-i,,.r,,,,..in,,,.,,,,,- ■■ .-— ialM. ..l.rlion, ,tr., it is „ loi'f.iu.. I' their .■oiiMraf.m, 1 11 .,,K,m1 in srv.rai wmv-. whirli .iissohitimi is tiio 1 ,.1 r..,,-.,l fill. l'',iniicii'i''s cstiil". till' siiiil F.'fisci' farlM.Jow tli.'ii'pivs-iit orp.-n-iMTtn. v.il.i.--. an .„..., ...^ -^ tl... .Stan, as fa,, as tlu.y ^viil s....,.; a.,.l, fn..l....', th.y l.av,. ,.n ,v- ../,/ tl... p;U:..,ls,,)'M.,.l,..l..s,;|-tl,,. ••7V..//W,rastla.ya,vl n,il,y law t., ,1„. .n ol!H.rinv,-.tni,.nts. iiscaiatal ,.f,',ii.al vul.i,-; ,.,•„// Tl,a, .1 .•i.i.ial <.r thns.. lais,. a...an,ts. wln-l, a.v alto,,.. .,■ >-' "";^^;:;"^ till, otlic,. of W. A. rhilliiis. N,.tai-y ; ,, , ,. !• i Ti.at th,.s.. a,.<.„u„ts a.v n„t tla. ao.an.ts „f I!i,l,l.l a.„l l-va-.s as ,vi,..-.v,l t. on ra...s 15 an,l Ui of th- Kirst H,.l>o,t of lU. !• ..>.■,• Inst.tut.. .H.cans.. lAhva.vl Hva.is, as a witness i.. U.at mus. " M^.i/i'^s vs. h .-as,-,-, swcr.-s tl.at : ' . it ;;,,e account) was not ,avpan.,l l,y ,ts (Ri.Uk.U an,l Kvans) : ,t was cct,- -litMl by lis: the account was i-.v^ar..! l,y Mi'. M.^.i/.i^s. This is conclusive proof that the accounts ....h.- winch the lMm.„h.. s est.vte was couveve.1 over to the Frasev Institute were those false accounts as .na,le ou r Menzies; an,l the sai,l Fn.se,- lustitut,. pahl Ui.hh.ll a,.,l Evans hve hun,hv,l .lollars to ohtain their ce.tilic.ate to tho.se fals,- accounts That protest N... IH 17, above refevrea to, shows that the 1 ,.... John J C. Abbott in his seve,al capacities as Executor an.l I'n.stec ot the l;oun,ler s estate n.l as l>.vsi,lent of the F..ser L.stitute : a..,l Joh,. Henry Menkes, ;n h.s capa- y of A.,..t of the Executors a,..l Trustees, an,l as Sec,vt:.y an, Lvasure a £ Eraser Institute: and E,lwar.l Evans, Au,litor an, Accuunta.it, ac^,. , . colhision or had joined hands by which the ..state an-l succession o^ he laie Hu,d. Eraser sulfere.l ff.vat h.ss a..,l ,h.„.M,u.. as .show,, on sa„ p.ot,.st ^o. .)1 < "-That these tliree ...en. the Ho... John .1. C Abbott Join. Hen.y Mel^iesancl Edwar.1 Evans, appear fro... prof.st No. !)117, to l„^ve ha,l full contro and , hiec- U. of the Foun,rer',sestat,. until it was conveye.l over to the Kraser Inst.tute. A COMPARISON OF ACCOUNTS. That in those false accou.,ts of the Foun.lcr's estate as ,na,leout by Menzies, the followincr charjr.. of cash app(.ai-s, naniely : " By cash paid J. H. Menzie.s, ?158.li!l." •''*»««^" i 1 (») The uliiiM' is tlir niily clmry;!!'!)!' rush (mill to .lolin llitirv Mrii/.ii's iiinliT tJiiiHi' t'nisi' iicciii'iit"* lis imikIi' ipiit liv him. Mniziis, iliirini,' the I'mir yiiirs ikhI u hnit'. Iictwi'i-n ihi' I.JtIi Mnv, ISTO, mul tli.' .'ith Dicfiiihcr. I.S74; '\'\\nt ti. show tlic I'lilsitv "f (lii)Hi' iici'iiiiiits uf Nli'iizii'n ; Ivlwiinl Kviiiis, as (I vvi,iics-t in thiit cinisf, ■ Mciizirs vs. Fruscr," ^^vt'a^» m I'oilnu ^ ; ■ 'I'iic' aiiiniiiil .Mr Miiiziis is i'h,ir;,'i'il witli in thi' l.fl'.irr uf lln Frd'-'f ••KhI,iI,\ t'rniii tlif Antv (if fhc Trstiiti>r's dcalli (l.'ith May, IHTO.) <,, li,,. -JUtli uf A|>ril, I.S7I. is sHi.OlUMi") ;" 'rhal Ivluiinl I'.miiis .swrai's, h,s aliiivt', that ill li'ss tliaii uiii' yi'iir I'rcnii ihf l.jth .May, INTO, til th.' iJlttii .if April, |s7l, Mnizi.iH in fhaiiri'il with f«J,(lit:i.()r) ill tlif l.nlj^ir iif the KiailiiliTS lv^t.•ltl■ liiii.,' a l('i|;,'rr kcptaiiil |ii).st('i| hy M<'liy.ii's hiinsi'lf. Will riiis, in thii'-r false accmmts liy which tlir KniiniliTs "stati wasciai- vryrij iivri- tn the Kia~ii' Iiistiliiti', Miiizii's isuiily char^-i'il with ?*ir)M.t!!l diirilif; the I'luir ainl a half years, fi'nni the I.jth uf May, INTO, t'l the ,')tli nf heceuilier, I.S7I-, NdTI:. Itiililejl ami Kvaiis eertilicil tii those aei'iaints nf Mi nzies a,s heinj^ coiTcct ; while JMuai'il M\aiis, wlm inul aiiijiteil the leil;;ei' uf the {''lainiier's estate, knew tliein to lie false! FnrrnKi! i»Kvr.i,(ii'MKN'rs fn mknziks .ArforNTs, Thai .Menzies Inel taken ami Usui ^1 ,').:i()2.0,"> of the cash of llie Kiiiimler's estate lietWeeli the l,"ith of May, I .S70, ailil the fith nf Decellllier, 1 .S74, as i,'ivfn in ilet.'iil lielnw, ami to he fniinil ill the cash Imnk nf the Fiiiindcr'.s ('stati', ami which is entirely sii|i|iressei!, except tiiat SI. ■).'!.()!•, in those false accounts of Aft'll/ies, 1 S70. .luiie li, • 'ash ]iiiiil liiiii - June -J't, July :K), Sept, I, .Se]it. •>•■), Nov. 10, 1.S71. Fell, 4, April 2!), April 2!>, MilIN II KM V MKNZIKS, - - ,? 100.00 Font-:- rd - - «2,!)."),5,(« - - 100,00 .liiiie no, f'asli pai 1 him - - 2,.')0(),00 - - 2.')0,()0 I.S74. - - loo.oo May ;iO, . . 1,200,00 - - 200 00 IS72, - . 200,00 .Ian. :fl. M, & Co, 4,010,10 Marcii him - - 1,000,00 - - 400,00 July ;{i, - - 1(10,00 - - 400.00 July :u. - - 8,77G,;i2 - - :!o.5,(i;j U2,055,GH »l.j,.'i02,05 Hero ,»•(• Imvo Sl."),.'i02,0,5, cash taken from the funds of the Founder's estate and clmr^fed to Menzies' account, to the full knowlfdi^o of the Hon, .Tohii J, 0, Aliliott, John Henry Mcnzics ami Kdward Kvans, and that only Sl.'i.'l,!!!!, out of this SI "),;!02. 05, appears at the debit of Menzios in those false accounts under whieh the Koumler's estate was conveyed over to the Fraser Institute, As the said Fraser Institute was founded upon a trust — created liy the will of the P"'ouiider — therefore, at tlie very moment the Founder's estate was con- veyed over to the I'^raser Institute under those false accounts of Menzies', the said trust hccaine luokeii ami forfeited, a)ul the naid Franer liiMitiite ccafii'd to e.rl' will as before given, respecting the formation of the Fraxcr Institute : This was the last duty to be performed by the Trustees under the Founder's will, namely : "I desire that the residue uf my estate and effects, after deduction of the " expenses of the management thereof, shall be forthwith conveyed over to the " corporation to be thereby formed, to be called the I"'raser Institute, for the pur- " poses herein declared," ((il \\'lj)ll "li'l llh- 'rrllll.il' llli'jill li\ llir /lIuiM I \llllr| riiilll lli» will ' III' cc'i (iiiiily liii iiliMliii' |ini|iiily iiiltliilitiiviti'il iici'diml". I't lii". cHliil.i' uihI I'iri'ftH >.|i.nilil 111 iiimli' ouf. iiikI timt tln' n-ic|iii' i>l' Iih i^tuli' slmuM lir foitliwirh ConVi'Vt'il oMT, nil Wlicl Hi'('i)imt><, tn till' rdriiiinitMifi. to li'' tli.'l.-liy I'l >l hiiil III 111' ciilli'il till' KnisiT liistitntn, fur tlii' |iiii|iii-"s lii'i'luiiil in liin «ill . 'I'lmt Mirli lUltliiiit iiitiil mMMiiiiit- wtiT iiiiiilf mil li.\ l!iil Irll ninl IOmiii'", jiiililii' lU'L'DiiiiJiints, wliicli I lii'lii'Vi' tit Imvf ln'cii ciiriTi'r nri'iiiiiit^. Ili'('iiii:ir thi' l''rn-rr lintitiitf I'l I'll' til tliii^'i' niTiiiiht^ ut' lliilili'll mul I'',vmm> .111 im;,'is 1.') mill III ill' il> I'irst Ki|iiii(, ns licin;; in tlu'ir puMsission . 'I'lmt till' two 'I'lii-ti't'-., Aliliiilt mill 'riirnmi'i', wlm wiTi' ut tlu' miiiiii« tiiin' j^'iivi'iiiiiiN III' till- l-'riiMi' lii'>titiiti', must liiiM' joiiii'il liMMils with rln'ir rn j^nvir- iiiir-t til Imvi' tliDSf IK nuts .if IMiMi II mil M\mi.t sii|i|iii'msi'i| mnl liiiMi'ii IVmn till' iiultlii'. iiii'l I'liiHi'il ilii'ir Si'iTi't.iiy, •liiliM llriiiy Miii/irs tu ninkf nut iifliiT iicciiiiiits, mill I'lir wliii'h tlir saiil I^'ihsit lii«litiilr |Hiii| liiililill mii| ICviiiii livi' liuiiili'i'l i|iillai'> til iilitiiiii llii'ir ri'i'tilii'itc to tlinMi- ul'i.'iiiiiiIm nl' Miii/ics, mul ii|iiiii wilirll siiiil t'llUi' ili'iiillllts 1)1' Mrll/ir^ tlli' l''imtli|ir's csfuti' WHS ciiinryiil iivil' tii the l'"nisiT llistitllti' , 'I'lmt, witliuiit i|iH'stii)ii. tlio trust cri'iitcil in I'stuMisli the KnisiT Institute wiis liinki'ii liy filial illi'giil ciiiivi'ymn'i' nf tin- Kniiiiili'i's rsfnti- tn tlir l''iii.si'r llistitllti'; mill lit, till' vi'i'v liiniiii'iit 111" sniil illi'pil cniivi'ymwi' nl' tlir Kniiiulcr's csttiti'. till' liiiuN mill ti'iii'iiii'iils cniitiiiiii'il ill siiiil 'I'nist Dml ri'Vi'ili'il, witlioiit till' ni'C'i'ssity nf any lU'timi nt iiiw. tn tlm l''nuiiili'r nr Iii-* lu'lrn, mul tlio .siijil Fraser Iiistitiitr imsiil tu rxixl : 'I'liiit it is fnituimti', ill till' iiitcrt'st nl' Jiislii'i', tliiit wrniiif-dnirs ifi'iu'riilly li'iiM- II iiiiifi'cril Iriirhn lu'liinil tliiiii ; fni' Imil it imt lu'rii t'nr tln'ir ri't'ii'iuci' tn tluwc 'siiiiiircssi'il iuM!niiiits" nl' liiiMi II mul l^iiiiH, on [iiip's 15 ami Iti nf tlii'ir First lli'[>nrt. tin' imlilic wmilil Imvi- Ihiii iMiiui'uiit nf tlir rNisti'iicc nf siiiil " siip- pi'i'sscil acfnunts ' of Kiilili'll mul I'^vmis : That till' trill' accntints of the l''iiiiiiiler's I'stati' as miiili nut liy ISiililril mihI Evans, mill ri'l'iTi'i'il to' on paijcs l") ami lii nf tlic First l!i'|iiirt nf tlu' l''rasrr llistitllti', liavi' iii'NiT hoL'ti cxaiiiiiii.'il ln'fnri' any ( 'niirt nl'.lustico; That ill till' ,si\i'ral ai'timis nf " Evans vs. Frasrr " anil " .Mcnzirs vs. Fra/.ir, " and other cases, tin' niil.v accniiiils which wi'ic siiluiiittril liy saiil iilaiiititi's, Kvaiis aud 'id'iizirs. urnthnsi i.'ilsi' iii'iiiiiiils as iiiaili' mil hy .Min/.ics: That iintli Mi'ii/.ies mi'l Evans swm-i' in each ami every case that tlioso awoiiiits as hiaiie nut hy Mrii/.ies -tlinse false acciiiints were the true anil only accounts of the F'oumler's estate ; That I dill not then i ill ciisii from the l-'oiind, r s estate, uimI tin y Imve nlso ivi'civeil in huIi Hcriiitioiis mill >|oiiiitions >«(),•»,!) I >i;.S, n.i I th.. whole of this lfir;,'e sum, ncwirly *.')()IMM)() hiis ilimilipMreil with 'If s'li ily lr/ivin:;il Wivek lichilld. True, they hii\e h;0I7 H2 on ■speiiil c|e|io,if, " in tin' Molsoiis Itunk . while they owe the H,'iine hank, at the same time, !?i|,Ol»H,(i!» on "K<'iieriil account," ami liosjilcs this Ihi'y have the l''.Minc|er'H estate morf:,'a;,n'i| ami |i|ec|;.e,| for over «()0,()00. i I.OSS SKtO.ODO TO TIIK rorNKKUS KSTA'l'K Thiu iinU( ,t No HI 17, a-- -.1 |,.r, vii. •1- I'oi-tli tinl ill" l''"iiii'li'i SUtt'l'l' nccon v'\ n Id' niai'U' iiiir hull In thi)US:ii ,1 (jdUars tliiMimli tllOSl' ■slati' falsi llts dl' McMZii' ■nil-; \\v. lit at till' very iiuaii"iii i I lis (»1' TIIK I'OI'NDI'.li hr -ail! tr\i-it Ix'caiii'' lirokcu. tin. Fciiiinlt'r lu'iiij; doiul, his wholi- estate n • viTti'il to anil liicaiiii' ve ^ti'il ill liis lieii's : T! nt. in tliis oaso the Foilliilev heiiiu' ■ l.a.l there was 11(1 / loiri'r ill c.riHli'iiir which ciai Cdiild have il have rc'ii'i'i I nn\ n'Mnr.d ih' ,keii trust; the Knumler aliill- tlii>'. That the Fra- Institute ;ile-a iMs i,n 111' the Founder' state, ihich lones to his heirs : whuii 'I'hat the siiii tnist hail heiMi hroken ; therei'ore "^e','' Institute eoneealeil the laet froH. said heirs that the said tlie said heirs were l(,Uilhi f'nit\'>\- nill.V rhjld to claim the Founders estate. A UK HIT NKVKli DIKS. ,. , ■ 1- ; l';,,l,t ..ivs Sir hldward Coke, that the -'I'le.t oC Mueh an I "h e>tiniatii.n IS luelit, -.av.N .-^ii i'ii»a. Ihatot suinan ,l,,.truelion : trodden down it may lie, but "it never dies Therefore, sneh is the lii-ht the heirs of th. late lliiirh Fraser hav e to his estate, it ever lives ; it may sometimes sleep, tho'.ieh it never ilies : TO Sl'M TP. Ui The trust hecame hroken and forfeited when the Foundoi-s estate was I V r the Fl-.ser Institute under those fal.se aeooinits of Men.ies. , ,i„ w. WIS no vaeanev to he tilled on said hoard. ""tr^n;™:,:'-:;™;;; i:i" -^■i.- « 4-,,^^- -" 4ti,. Ti,.. ir...t i-"'- I";:'"" ;,, I, ..„„,„,,,„.•;•,.„,;>„;, i,«vi,.B X:;;;:;-E;t';;:::^.';::':-i:'-:"- -— ■ THKE^T.VTF llKL()N'^"'\l''"'^*''^;" ' tl, Deed of Transfer, No. ,S8.S2, from the 2nd. To pnMluce a copy o / ^ Notary, on the .seventh Executors to the Trustees, passed hcio.e W . A. 1 day of December, 1874. Transfer, No. 8013, from the PhiUips, Notary, on the ';;-;^^:;;:,::^;;;;ii without .nestlon. whether That, by the above, .t ">-> ° ^ ^ ,,,,.,^^^,^. ,„,titute underthose false the Founder'.s estate was conveyed ovci to accounts of Mcnzics. And should it Iji- found that the Founder's cstato was coiivoyod over to thii Frastr Iiistituto \uv\vr those false accounts of Mcnzies: then, in tlint ease, to have tliu said cunveyanee of the Founders estate to the Fnism- Institute declared illegal, null ami void, as if not made; That the present Governors of the Fraser Institute have remlereil theinsclves eacli lialile and aerountalile to the heirs of the late llu,i,di FrasiM- for the full value of his estate, with all inteivsts, prolits, etc., sinee and after his death, for the reasons hei-ein set foi'th ; Tliat the said Fraser Institute should bo calle