Charitable objects
TO OR FOR THE BENEFIT OF SUCH CHARITABLE INSTITUTIONS OR OBJECTS OR FOR SUCH CHARITABLE PURPOSES IN SUCH PROPORTIONS AND IN SUCH MANNER AND SUBJECT TO SUCH TERMS AND CONDITIONS AS THE SETTLOR MAY BY NOTICE IN WRITING TO THE TRUSTEES OR BY WILL, OR CODICIL FROM TIME TO TIME APPOINT AND DIRECT. IN DEFAULT OF AND SUBJECT TO ANY SUCH APPOINTMENT AND DIRECTION AS AFORESAID THE TRUSTEES MAY PAY OR APPLY THE INCOME OF THE TRUST FUND TO OR FOR THE RELIEF OF ELDERLY AND NEEDY PERSONS RESIDENT IN THE COUNTY OF GLOUCESTER AND FOR CHARITABLE INSTITUTIONS HAVING SUCH PURPOSES AMONG THEIR OBJECTS.
