Finances:
Objects:
united charity branch: (1) make a payment of £4,500 to okehampton united ecclesiastical charity (1077584) for the upkeep of st james’ chapel. (2) apply the sum of £1,000 for the relief of need or sickness in accordance with clause 32 (of the governing document). (3) divide the remaining income into seven equal parts and apply it as follows: (i) four equal parts to be applied for such charitable purposes for the benefit of the inhabitants of the area of benefit; and (ii) three equal parts to be applied: (1) not more than one third part of the clear yearly income in providing special benefits for okehampton college or, if the said income is not required for that school, for such other state funded primary schools in the area of benefit as may be agreed from time to time between the trustees and the governors of okehampton college after consultation.almshouse branch: the provision of accommodation for persons who are in need hardship or distress and are resident in the area of benefit.
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