Charitable objects
1) FOR THE BENEFIT OF NEEDY, AGED AND DISTRESSED POOR MEMBERS OF THE COMPANY. 2) IF AND SO FAR AS INCOME CANNOT BE APPLIED FOR THE SUBSISTING TRUSTS THEN FOR THE BENEFIT OF DEPENDANTS OF POOR LIVERYMEN AND FREEMEN OF THE DRAPERS COMPANY, POOR PERSONS WHO ARE OR HAVE BEEN ENGAGED IN THE MANUFACTURE OR SALE OF WOOLLEN CLOTH AND THEIR DEPENDANTS, POOR PERSONS WHO ARE OR HAVE BEEN ENGAGED IN ANY TRADE OR CALLING WITHION THE AREA OF GREATER LONDON, POOR PERSONS OF GOOD CHARACTER.