Record

Reference NoAET/MR
Accession No 1549
TitleRecord of MacRa's Trust
DescriptionAET/MR/1 Sederunt Books and Minutes, 1763 - 1889
AET/MR/2 Letter Books, 1863 - 1888
AET/MR/3 Judidicial Factor's papers, 1853 - 1857
AET/MR/4 Applications, 1863 - 1897
AET/MR/5 Financial Records, 1863 - 1889
AET/MR/6 Bundle of papers from Adam Thomson & Ross, advocates
Date1763 - 1897
Extent5 volumes, 22 bundles, 1 envelope, 6 items
​Open or Restricted AccessOpen
Administrative HistoryAlexander MacRa (? - 1780), an ironmonger in Bristol, mortified £20,000 Scots in 1763, to be held in a trust for a number of annuitants, and the remainder to be used to support and educate poor children with a preference for boys of the surname MacRa. The trust was overseen by eight trustees in official positions in Aberdeen.

In 1850 the £1666.13.4 sterling remaining in the mortified fund was lost as the estates of Nicol & Monro, the business of James Nicol, one of MacRa's trustees, was sequestrated. Nicol had been authorised to lend the money to a heritable security in 1847, but had retained the money himself. This led to the appointment of a judicial factor, Alexander Anderson, in 1853 and legal proceedings to recover the fund from the trustees.

In 1888 the trust was amalgamated into the Aberdeen Educational Trust.
Related RecordAET/4/2/7
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