INCOME ON £20,500

Evening Star, Issue 22627, 20 April 1937, Page 15

INCOME ON £20,500

CHURCH AHD CHARITY GIFTS [Pat United Press Association.] ' CHRISTCHURCH. April 19.. The income on about £20,500 is to be applied in perpetuity to church organisations and charities in Canterbury under the will of Mr Robert Clark, of Asliburton, whose death early this month. Subject to certain prior interests, the will provides that the income from £2,500, to be known as the Ada Mary Clark trust fund, is to bo paid in perpetuity, one-fourth each to the following :—The vicar of St. Stephen’s Anglican Church, Ashburton, for Anglican foreign missions; St. Saviour’s Trust Board, Christchurch, for orphanage purposes; the New Zealand Institute fop the Blind; and St. Stephen’s Anglican Church, Ashburton, for the general purposes thereof. • The income from the net residue of the estate (estimated at £18,000), to be known as the Robert Clark trust fund, is to bo applied in perpetuity for or towards assisting such poor and needy persons, irrespective of race, creed, class, or colour, in the provincial district of Canterbury, or such institutions established in the said provincial district for the relief, maintenance, and assistance of poor and needy persons, in such a manner as a board to be constituted for the purpose shall direct. The board will consist of the Public Trustee or his nominee, the mayor for the time being of the borough of _ Ashburton, the vicar for the time being of St. Stephen’s Anglican Church, Ashburton, and the head for the time being of the Salvation Army in New Zealand, or his or her nominee. The Public Trustee is appointed executor and trustee.