Charitable objects
(1) GRANTING ONE OR MORE SCHOLARSHIPS EITHER TO RESIDENT UNDERGRADUATES OF PETERHOUSE COLLEGE, CAMBRIDGE OR PERSONS WHO HAVING BEEN SUCH UNDERGRADUATES HAVE TAKEN A DEGREE AND GONE OUT OF RESIDENCE WITHIN 12 MONTHS PRIOR TO THE DATE OF THE GRANT. (2) GRANTING ONE OR MORE SCHOLARSHIPS TO BOYS OF 17 YEARS OF AGE OR OVER WHO EITHER ARE OR WITHIN THE SIX MONTHS LAST PRECEDING THE GRANT OF THE SCHOLARSHIP HAVE BEEN STUDENTS AT MARLBOROUGH COLLEGE AND ARE LATER INTENDING TO PROCEED TO A RECOGNIZED UNIVERSITY IN THE UNITED KINGDOM.
