Finances:
Objects:
TO PAY A YEARLY SUM OF ú50 OR SUCH OTHER SUM AS THE COMMISSIONERS FROM TIME TO TIME APPROVE IN WRITING TO THE VERGER OF THE CHURCH OF ST MARY, ISLINGTON AND TO PAY A YEARLY SUM OF ú25 OR SUCH OTHER SUM AS THE COMMISSIONERS FROM TIME TO TIME APPROVE IN WRITING TO A MINISTER OF THE TRUSTEES CHOICE FOR PREACHING A SERMON IN THE CHURCH OF ST MARY, ISLINGTON ON CHRISTMAS DAY AND SUBJECT TO SUCH PAYMENTS AND TO THE PAYMENT OF EXPENSES THE TRUSTEES SHALL APPLY THE INCOME OF THE CHARITY IN THE FOLLOWING WAYS:- (1) NOT EXCEEDING 12 PER CENT OF THE CLEAR INCOME OF THE CHARITY FOR RELIEF IN NEED FOR THE BENEFIT OF MARRIED MEMBERS OF THE CHURCH OF ENGLAND OVER THE AGE OF 50 YEARS AND WHO ARE RESIDENT IN THE AREA OF THE FORMER METROPOLITAN BOROUGH OF ISLINGTON (2) SUBJECT THERETO, THE TRUSTEES SHALL APPLY THE CLEAR INCOME OF THE CHARITY FOR RELIEF IN NEED EITHER GENERALLY OR INDIVIDUALLY FOR THE BENEFIT OF PERSONS RESIDENT IN THE SAID FORMER METROPOLITAN BOROUGH (3) THE TRUSTEES MAY PAY FOR SUCH ITEMS, SERVICES OR FACILITIES BY WAY OF DONATIONS OR SUBSCRIPTIONS TO INSTITUTIONS OR ORGANISATIONS WHICH PROVIDE OR UNDERTAKE IN RETURN TO PROVIDE SUCH ITEMS, SERVICES OR FACILITIES FOR SUCH PERSONS
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