SCHEME OF THE 16TH MARCH 1961 AND RESOLUTION MADE UNDER SECTION 74 OF THE CHARITIES ACT 1993 ON 24TH JULY 1998.
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TO MAKE LOANS OR GRANTS NOT EXCEEDING $1,000 EACH TO PERSONS NOT LESS THAM 18 REQUIRING FINANCIAL ASSISTANCE TO ENABLE THEM TO ENTER A CHOSEN PROFESSION, TRADE OR CALLING, WITH A PREFERENCE FOR FREEMEN OF THE MERCERS' COMPANY.