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Peter Lathom (including The Lathom Educational Foundation)

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residue

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central

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resident in the respective districts

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twentieth

Finances:

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Objects:

(a) one twentieth of income to be applied in relieving persons resident in any of the districts forming the area of benefit who are in conditions of need, hardship or distress. (b) residue of income to be paid over in such proportions as the central trustees think fit to each of the bodies of local trustees for application by them in relieving persons resident in the respective districts of the local trustees who are in conditions of need, hardship or distress.

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