Governing document RUSTON-BUCYRUS CHARITABLE TRUST
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 22ND OCTOBER 1953.
Charitable objects
UPON TRUST TO APPLY THE SAME IN SUCH PROPORTIONS AND AMOUNTS AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT IN MAKING PAYMENTS TO SUCH ONE OR MORE OF SUCH CHARITABLE INSTITUTIONS OR OBJECTS A) AS THE FOUNDER MAY FROM TIME TO TIME BY A RESOLUTION OF ITS BOARD OF DIRECTORS SELECT AND NOTIFY TO THE TRUSTEES OR B) IN THE EVENT OF FAILURE SO TO SELECT AND NOTIFY AFTER THE TRUSTEES SHALL HAVE GIVEN THE FOUNDER 28 DAYS NOTICE SO TO DO AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION DECIDE.
Area of benefit
NONE SPECIFIED
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