Finances:
Objects:
provision of a yearly sum for the benefit of a clergyman's widow resident in either of the dioceses of norwich or st edmundsbury and ipswich.provision of a yearly sum towards the maintenance of the school premises. application of a yearly sum, not exceeding one third of net income, for providing special benefits for the school. residue of the net yearly income shall be applied as follows:(a) in awarding to beneficiaries exhibitions tenable at any secondary school, training college for teachers, university, or other institution of further education;(b) in providing financial assistance, outfits, clothing, tools, instruments or books to help beneficiaries on leaving school, university or any other educational establishment, to prepare for, or to enter, a profession, trade or calling;(c) in otherwise promoting the education( including social and physical training ) of beneficiaries. beneficiaries means persons of either sex who have not attained the age of 25 years, who are resident in the parish of laxfield or who are, or have for a period of not less than two years at any time been, in attendance at the school and who are in need of financial assistance.
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