Charitable objects
INCOME TO BE DISTRIBUTED AMONGST SUCH POOR PEOPLE LIVING AT WELLS NEXT THE SEA, NOT LESS THAN 64 YEARS OF AGE WHO SHOULD HAVE BEEN LIVING IN WELLS NEXT THE SEA DURING THE WHOLE OR THE GREATER PART OF 12 CALENDAR MONTHS IMMEDIATELY PRECEDING SUCH DISTRIBUTION. (SEE ALSO CLAUSE 25 OF SCHEME OF 24/5/1912)