Charitable objects
APPRENTICING POOR AND DESERVING CHILDREN, RESIDENT IN THE BENEFICIAL AREA TO ANY SUITABLE TRADE BUSINESS OR OCCUPATION AND THE RESIDUE FOR ASSISTING STUDENTS BETWEEN THE AGES OF 18 AND 25 WHO CONTINUE THEIR EDUCATION AT UNIVERSITY OR HIGHER LEVEL EDUCATIONAL ESTABLISHMENTS.
(A) PAYMENTS TO BE SUCH SUMS AS MAY BE DETERMINED FROM TIME TO TIME BY THE TRUSTEES BUT NOT TO EXCEED THE LEVEL OF THE ANNUAL RESIDUAL INCOME FUND.