Charitable objects
(1) THE OBJECT OF THE CHARITY IS THE SUPPORT AND THE PROVISION OF ITEMS, SERVICES AND FACILITIES FOR THE SCHOOL. ("THE SCHOOL" MEANS WILSON'S SCHOOL, AT WALLINGTON, IN THE LONDON BOROUGH OF SUTTON)
(2) IF AND IN SO FAR AS THE INCOME OR PROPERTY OF THE CHARITY CANNOT BE APPLIED TOWARDS THE OBJECT ABOVE IT MAY BE APPLIED IN PROMOTING THE EDUCATION OF PERSONS WHO ARE IN NEED OF FINANCIAL ASSISTANCE IN THE FOLLOWING ORDER OF PRIORITY:
(A) PERSONS WHO ARE ATTENDING THE SCHOOL; AND
(B) PERSONS WHO HAVE AT ANY TIME ATTENDED THE SCHOOL; AND
(C) PERSONS UNDER THE AGE OF 25 RESIDENT IN THE AREA OF BENEFIT.