Charitable objects
INCOME TO BE APPLIED TOWARDS DEFRAYING THE EXPENSES OF THE MUSICAL EDUCATION OF A MALE OR FEMALE STUDENT IN THE ROYAL ACADEMY OF MUSIC WHO SHALL HAVE BEEN A STUDENT AT THE ROYAL ACADEMY OF MUSIC FOR A PERIOD OF NOT LESS THAN 2 YEARS. FIRST COMPETITION TO BE BY LADIES ONLY AND THE SECOND BY GENTLEMEN ONLY AND SO ON ALTERNATELY.