Mortification to the university by William Earl of Dundonald and William Lord Cochrane, his eldest son, of the 11 merks lands of Mylntoun and Arratsholl with the mill and pertinents in the parish of Kilbryde, for the maintenance of four students of philosophy during a complete course, each of whom shall receive 80 pounds Scots yearly, and three students of theology during two years, each of whom shall receive 93 pounds, 6 shillings and 8 pence Scots annually. The students are to be presented by he said Earl and his successors, and it shall not be lawful for the masters to alienate any part of the mortified lands, or to apply their profits to any other use, nor to set leases for longer than 19 years or without the consent of the Earl or his successors.