SCHEME OF 10TH NOVEMBER 1959 AS VARIED BY SCHEMES OF 4TH DECEMBER 1974, 4TH JULY 1980 AND 14TH SEPTEMBER 1998 SCHEME OF 26TH JULY 1995.
Charitable objects
PROVISION OF ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER. TO GRANT LOANS TO PERSONS WHO HAVE RESIDED OR CARRIED ON BUSINESS IN THE AREA AND ARE STARTING IN BUSINESS AS TRADESMEN. A WELFARE FUND FOR THE BENEFIT OF THE POOR.