In 1847, Bennett G. Clark and Sarah W. Clark deeded this land to William Rust, John H. Cornish, John R. Hampton, and William H. Hines as trustees of El Dorado Female Institute. On May 7, 1858, Albert Rust deeded additional land to Robert Goodwin, Hezekiah Bussey, Argon Ammon, Hampton P. Smead, Hugh D. Marr, William R. Cowser, and James W. Adams in perpetual trust for the use of a Female Academy. The present building is the oldest in the county continually used for education.