Charitable objects
A) TO PROVIDE BIENNIALLY AN AWARD OF NOT LESS THAN ú50 FOR A LECTURE ON "THE DIRECT DRIVE DIESEL ENGINE FOR THE PROPULSION OF SHIPS". B) ANNUAL AWARD OF ú10 EACH TO SECTIONS OF INSTITUTE AT NEWCASTLE UPON TYNE, GLASGOW AND LIVERPOOL FOR PAPER AS ABOVE. C) AWARD NOT EXCEEDING ú100 FOR LECTURE