R7.33 - Sir William Brunton Memorial Fund

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Recitals-

1. Sir William Brunton, late of "Selkirk", Glenferrie Road, Malvern, knight bachelor, who died on 13 April, 1938, bequeathed to the University a part of his estate, the income therefrom to be used for research purposes, and a further part of his estate, to be called the "Sir William Brunton Memorial Fund", upon similar trusts.
2. The University received the sum of £7,116 in satisfaction of the bequest, which sum increased to $59,848 at 31 December 1994.

It is provided as follows-

1. The sum of $59,848 and any accumulations and additions to the sum forms the endowment of a fund called the "Sir William Brunton Memorial Fund" (“the fund”) and the fund must be paid into an investment pool and remain there until the Council directs otherwise.
2. The income of the fund is used for the promotion of research in the University.