Charitable objects
(1) THE OBJECT OF THE CHARITY IS TO MANAGE AND PRESERVE FOR THE BENEFIT OF THE INHABITANTS OF THE ANCIENT MANOR OF NORTHAM THE RIGHTS OF COMMON HELD BY THE INHABITANTS IN RELATION TO THE COMMON LAND KNOWN AS NORTHAM BURROWS IN DEVON SUCH LAND BEING MORE PARTICULARLY DESCRIBED IN THE SCHEDULE.
(2) IF AND IN SO FAR AS THE INCOME OF THE CHARITY CANNOT BE APPLIED TOWARDS THE OBJECT SPECIFIED IN SUB-CLAUSE (1) ABOVE, THE TRUSTEE MAY APPLY IT FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE WARDS OF NORTHAM, WESTWARD HO! AND APPLEDORE IN DEVON IN SUCH CHARITABLE WAYS AS THE TRUSTEE THINKS FIT
