Charitable objects
FOR THE PAYMENT OF PROMINENT PREACHERS APPOINTED BY THE MASTERS AND WARDENS FOR A SERIES OF SERMONS TO BE PREACHED YEARLY, IN THE CHAPEL OF MERCERS' HALL, DURING LENT AND ADVENT, AND ALSO IN OR TOWARDS DEFRAYING THE ORGANIST OF THE SAID CHAPEL. ANY INCOME NOT APPLIED TO BE USED FOR THE ADVANCEMENT OF RELIGION IN THE CITY OF LONDON.