Charitable objects
THE PROVISION OF AN ANNUAL CASH PRIZE TO BE AWARDED ON COMMEMORATION DAY TO A BOY ABOUT TO LEAVE THE READ SCHOOL WHO HAS COMPLETED A YEAR IN THE FIFTH OR SIXTH FORMS AND WHO ENTERED THE SCHOOL IN THE FIRST PREPARATORY FORM WHO SHALL BE JUDGED TO HAVE ATTAINED THE RIGHT TO RECEIVE THE PRIZE ON THE BASIS OF ALL ROUND ACHIEVEMENT EFFORT STRENGTH OF PURPOSE AND CHARACTER AND THE DEMONSTRATION OF COMPASSION.