Trosolwg o'r elusen PHILIP MACHAM

SCHEME OF 09.04.1926

INCOME TO BE APPLIED AS FOLLOWS: FIRSTLY IN MAKING GRANTS, NOT EXCEDDING ú20 IN ANY ONE YEAR TO ANY ONE PERSON, TO PERSONS OF GOOD CHARACTER WHO ARE FOLLOWING OR HAVE FOLLOWED THE BUSINESS OF MAUFACTURING HATS AS MASTERS AND ON THEIR OWN ACCOUNT, AND WHO ARE IN WANT OR NECESSITY. PROVIDED AS FOLLOWS: (A) IN SELECTING RECIEPIENTS PREFERENCE SHALL ALWAYS BE GIVEN TO PERSONS QUALIFIELD AS MASTER HATMAKERS WHO SHALL BE FREEMEN OR MEMBERS OF THE FELTMAKERS' COMPANY.(B) ONE GRANT IN EACH YEAR MAY EXCEED ú20 BY SHALL NOT EXCEED ú50. SECONDLY, IN SO FAR AS THE INCOME CANNOT USEFULLY BE APPLIED AS AFOREAID, IN MAKING GRANTS NOT EXCEEDING ú10 IN ANY ONE YEAR TO ANY ONE PERSON, TO PERSONS OF GOOD CHARACTER WHO ARE WORKING OR WHO HAVE WORKED IN THE FELTMAKING INDUSTRY; AND WHOE ARE IN WANT OR NECESSITY; PROVIEDED THAT IN THE SELECTION OF RECIPIENTS PREFERENCE SHALL BE GIVEN TO PERSONS WHO ARE FREEMEN OR MEMBERS OF THE FELTMAKERS' COMPANY.

NOT DEFINED

CHARITIES UNDER THE MANAGEMENT OF THE FELTMAKERS' COMPANY OF THE CITY OF LONDON