Charitable objects
THE TRUSTEES SHALL HOLD THE TRUST FUND UPON TRUST TO DIVIDE THE SAME INTO TWO EQUAL SHARES (AND LIKEWISE ANY ADDITIONAL PROPERTY ADDED TO THE TRUST FUND FROM TIME TO TIME SHALL BE ADDED AS TO ONE HALF TO EACH SEPARATE HALF SHARE FROM TIME TO TIME) AND TO HOLD SUCH SEPARATE HALF SHARES UPON THE FOLLOWING RESPECTIVE TRUSTS: (A) AS TO ONE SUCH SHARE ("SIR JOHNS FUND") TO APPLY THE INCOME AND ALL OR ANY PART OR PARTS OF THE CAPITAL FOR SUCH CHARITABLE OBJECTS OR PURPOSES AS ARE RECOGNISED AS CHARITABLE (B) AS TO THE OTHER HALF SHARE OF THE TRUST FUND ("THE SHEFFIELD FUND") UPON TRUST FOR THE PROMOTION OF SUCH CHARITABLE PURPOSES WHICH SHALL BENEFIT WHOLLY OR MAINLY THE PEOPLE OF SHEFFIELD (INCLUDING CARRYING OUT THE CHARITABLE OBJECTS OF THE CUTLERS HALL PRESERVATION TRUST LIMITED)