1876.] 341 I^Price. 



Samuel Jeanes, Joseph Jeanes, Joshua T. Jeanes, Isaac F, 



Baker, Eli K. Price $800 00 



Moses Brown and J. C. Strawbridge, each $50 100 00 



Together $5,814 00 



As the legacies of Elliott Cresson and Andre F. Michaux are enduring 

 funds for planting in the Fairmount Park and elsewhere, it is proper here 

 to show what are the trusts of those wills, and what are the obligations to 

 the public incurred by the Park Commission in executing the agency com- 

 mitted to them. 



ELLIOTT CRESSON's LEGACY. 



Elliott Cresson, by his last will and testament, made in 1857, provided 

 as follows : 



" I give and bequeath to the Mayor and community of Philadelphia the 

 sum of $5,000, in trust, as a perpetual fund, the income of which I desire 

 shall be annually, forever, expended in planting and renewing shade trees, 

 especially in situations now exposing my fellow citizens to the heat of the 

 sun." 



An ordinance to provide for the investment of the principal and the 

 application of the income of the Legacy of Elliott Cresson, Esq., to tlie 

 City of Philadelphia, was passed June 10, 1859. 



"A SUPPLEMENT 



" To 'An Ordinance to provide for the investment of the principal and the 



application of the income of the Legacy of Elliott Cresson, Esq., to the 



City of Philadelphia,' approved June 20, 1859. 



"Section 1. The Select and Common Councils of the City of Philadel 

 phia do ordain, That the income of the fund bequeathed to the City of 

 Philadelphia by Elliott Cresson, Esq., shall be expended in accordance 

 with his will, by the Commissioners of the Park, constituted pursuant to 

 the Act of Assembly, approved March 20, 1867." 



The will of Andre Francois Michaux, of Vawreal, near Pointoise, France, 

 dated the 4th September, 1855. 



It revokes former wills. It declares as follows : 



"Wishing to recognize the services and good reception and the cordial 

 hospitality which my father and myself, together and separately, have re- 

 ceived during our long and often perilous travels, in all the extent of tlie 

 United States ; as a mark of my lively gratitude, and also to contribute in 

 that country to the extension and progress of agriculture, and more espe- 

 cially in sylviculture in the United States ; I give and bequeath to the Ame- 

 rican Philosophical Society, at Philadelphia, of which I have the honor to 

 be a member, the sum of twelve thousand dollars (at 5.50 the dollar, 64.800 

 francs). I give and bequeath to the Society of Agriculture and Art, &c., 

 in the State of Massachusetts, Boston, in which I have the honor to be a 

 member, the sum of eight thousand dollars (at 5-10 the dollar is, 43.200) 

 these two sums together making one hundred and eight thousand francs, 

 or again twenty thousand dollars. I give and bequeath the sole ownership 



PROC AMER. PHIL08. SOC. XVI. 98. 2q 



