ALEXANDER G. MERCER HALL FUND

Created: 1884

(By Decree of Supreme Court of Rhode Island)
“To purchase suitable lots of ground in said City of Philadelphia contiguous to each other or located in various parts of said City as shall seem most expedient, and to erect thereon substantial and comfortable buildings, and to let the same to the worthy laboring poor of said City, at rentals, sufficient to pay taxes, water rates, insurance premiums, repairs, and expenses of managing them: but if .. inexpedient… Then suitable lands with the buildings already erected thereon may be purchased and adopted to the purpose aforesaid.”