Charitable objects
THE ADVANCEMENT OF THE CHRISTIAN RELIGION BY MAKING LOANS TO BAPTIST CHURCHES WITHIN THE AREA OF BENEFIT, FOR THE PURPOSE OF ASSISTING WITH THE FINANCING OF:
(A) NEW BUILDING PROJECTS FOR CHURCH PURPOSES;
(B) THE PURCHASE OF BUILDINGS FOR CHURCH PURPOSES;
(C) EXTENSIONS OF MAJOR STRUCTURAL REPAIRS TO CHURCH BUILDINGS AND MANSES; AND
(D) ALTERATIONS TO CHURCH BUILDINGS AND MANSES;
ON TERMS WHICH SHALL BE APPROVED FROM TIME TO TIME BY THE TRUSTEE.