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Gift Of Library To A Trust Without Reversion Clause - Legal Draft

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Category : Agreements Gift

This Agreement of Gift is entered into

between Mrs W/o . R/o .. (hereafter called the Donor) and Mrs

s/o. r/o. Managing Director of Charitable Trust (hereinafter

called the Donee) on this .whereas the donee is

the Managing director of .. Charitable Trust maintaining and running

Public Library in and providing free reading facilities to all citizens

of City.whereas upon the

donees request the Donor has agreed to donate to the aforesaid trust his

private library, maintained by him at .along with all his books and other

reading materials (duly catalogued at the end of this deed) contained in the

Library and all tenements, lands, hereditaments and premises at

aforesaid for the purpose of providing free reading facilities to the Citizens

of ..THE DEED OF GIFT

WITNESSES AS FOLLOWS:1. That in pursuance

of the aforesaid agreement and in consideration of the purpose of providing

free reading facilities to the citizens of . the donor does hereby give,

transfer and convey all tenements, lands, hereditaments, premises, books and

other reading materials constituting the Donors library at to the

Donee, valued at present, at Rs., to HOLD the said library unto the said

donee or his successors in office absolutely and for ever.2. That the donee

hereby accepts the gift and promises that the said library shall be the trust

property and shall be utilized by him and his successors in office for the

purpose for which it has been donated.In witness whereof,

we have signed this deed of gift on ...Witnesses: Sd/-Donor1. Sd/-

Donee..


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