Charitable objects
(1) THE OBJECTS OF THE CHARITY ARE THE RELIEF OF POVERTY BY:
(A) THE PROVISION OF ALMSHOUSE ACCOMMODATION FOR BENEFICIARIES IN THE FOLLOWING ORDER OF PRIORITY;
(I) FREEMEN AND FREEWOMEN OF THE SKINNERS' COMPANY AND THEIR WIDOWS AND WIDOWERS AS THE CASE MAY BE;
(II) DEPENDANTS OR FORMER DEPENDANTS OF THE AFORESAID FREEMEN AND FREEWOMEN;
(III) ANY OTHER PERSONS IN FINANCIAL NEED.
(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEES DECIDE.
(2) THE LAND IDENTIFIED IN THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEE FOR USE FOR THE OBJECTS OF THE CHARITY.