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The Chattell Charitable Will Trust

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upon trust to pay or apply the income of the charitable' trust with power in its absolute discretion from time to time to pay or apply the whole or any part or parts of the capital of the charitable trust to or for the benefit of all or such one or more of the charities (as hereinafter defined) in such shares if more than one and in such manner as the bank shall from time to time in its absolute discretion think fit provided that the bank shall also have power (notwithstanding the foregoing trusts in respect of such income) during the period of twenty one years from my death if in its absolute discretion they think fit from time to time to accumulate all or any part of the income of the charitable trust by investing the same and the resulting income thereof in any investments hereby authorisedand adding the accumulations to the capital of the charitable trust

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