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III.

And Whereas, in pursuance and by virtue of authority contained
in and implied from the resolutions of which the foregoing is
a copy and subject to the conditions and reservations contained
therein, and for the purpose of effectually carrying out the
objects and purposes thereof, the said Rector has caused the
form of this deed and indenture to be prepared; and at a meeting
of the said Rector and Visitors held at the said University
on the same 25th day of April, 1896, at which a majority of the
said Board was present; the said form was submitted to them and
was by them, in all respects, ratified and approved, and the
said Rector directed, in accordance with the resolutions of said
Rector and Visitors hereinbefore set forth, to execute the same
and the bonds therein provided for.