Finances:
Objects:
A YEARLY SUM OF NOT LESS THAN ú4 AND NOT MORE THAN ONE TWENTY-FIFTH OF THE SAID NET INCOME IN THE PROMOTION OF RELIGIOUS INSTRUCTION. THE RESIDUE OF THE NET INCOME OF THE FOUNDATION SHALL BE APPLIED BY THE TRUSTEES FOR THE BENEFIT OF PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS, RESIDENT IN THE CIVIL PARISH OF OSMOTHERLEY OR THE CIVIL PARISH OF MANSRIGGS, WHO IN THE OPINION OF THE TRUSTEES ARE IN NEED OF FINANCIAL ASSISTANCE. (FOR FURTHER DETAILS SEE CLAUSE 13 OF THE SCHEME)
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