This institution has its own history. One of the noblest sons of Bengal, Haji Mohammed Mohsin, who has left his golden imprint on the socio-cultural and economic history of Bengal, executed a deed in 1806 which later on came to be termed as Towleatnama. He appointed two Mutwallis to run his Endowment and died in 1812. After his death, the Endowment being thoroughly mismanaged, the Government of that time took over the entire Endowment under Regulation-XIX of 1810. Litigation ensued and then highest Court (Sadar Dewani Adalat) in 1834 upheld the action of the Government vide its judgment report in 6 S.D.A. page 130.