See pages 10, 11 and 12 in the 1943 edition of Old Times for more about the origins of the UCC motto Palmam Qui Meruit Ferat:
http://archive.org/stream/oldtimesjul1943ucco#page/10/mode/2up
Archival issues of Old Times are available on the UCC archives website at http://archive.org/details/uppercanadacollege.
MeriTALKracy 