DECLARATION OF TRUST DATED THE 12 MAY 1931. (HEREINAFTER CALLED THE MIDLAND TRUST DEED).
Charitable objects
TO HELP BOYS WHO HAVE OF SHALL HEREAFTER HAVE BEEN EDUCATED AT ST CHAD'S COLLEGE DENSTONE & WHO MAY INTEND THE TAKE HOLY ORDERS BUT COULD NOT OTHERWISE AFFORD TO ENTER THE UNIVERSITY OF OXFORD OR CAMBRIDGE TO DO SO.