WILL OF 17.07.1951

FIRST IN MAKING GRANTS, NOT EXCEEDING ú20 IN ANY ONE YEAR TO ANY ONE PERSON, TO PERSONS OF GOOD CHARACTER WHO ARE FOLLOWING OR HAVE FOLLOWED THE BUSINESS OF MANUFACTURING HATS AS MASTER AND ON THEIR OWN ACCOUNT, AND WHO ARE IN WANT OR NECESSITY. PROVIDED AS FOLLOWS:- A) IN SELECTING RECIPIENTS PREFERENCE SHALL ALWAYS BE GIVEN TO PERSONS QUALIFIED AS MASTER HATMAKERS WHO SHALL BE FREEMEN OF MEMBERS OF THE FELTMAKER'S COMPANY; B) ONE GRANT IN EACH YEAR MAY EXCEED ú20 BUT SHALL NOT EXCEED ú50. SECONDLY, IN SO FAR AS THE SAID INCOME CANNOT USEFULLY BE APPLIED AS AFORESAID, IN MAKING GRANTS, NOT EXCEEDING ú10 IN ANY ONE YEAR TO ANY ONE PERSON, TO PERSONS OF GOOD CHARACTER WHO ARE WORKING OR HAVE WORKED IN THE FELTMAKING INDUSTRY, AND WHO ARE IN WANT OR NECESSITY; PROVIDED THAT IN THE SELECTION OF RECIPIENTS PREFERENCE SHALL BE GIVEN TO PERSONS WHO ARE FREEMEN OR MEMBERS OF THE SAID COMPANY.

NOT DEFINED

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