General Endowment Fund.

Waiapu Church Gazette, Volume II, Issue 9, 1 March 1912, Page 134

General Endowment Fund.

Many Church people may desire to help forward the general Church work of the Diocese, either by way of Gift from time to time, or by Bequest of money or land. Provision has been made by Synod by the passing of a Bill for the use of such for the general well-being of the Diocese. Donations and Bequests are earnestly solicited towards this " General Endowment Fund." ENDOWMENT FUND For the Diocese of WaiapuBe it enacted by the Bishop, Clergy, and Laity of the Diocese of Waiapu m Synod assembled : 1. That the full title of the Fund be " Diocese of Waiapu, New Zealand, General Endowment Fund," and short title " General Endowment Fund." 2. The capital of the " Hawke's Bay Church Endowment Fund " shall be transferred to the "General Endowment Fund." 3. Donations and Bequests shall be solicited towards the General Endowment Fund. 4. The Fund shall be vested m and managed by the " Waiapu Board of Diocesan Trustees, Incorporated." 6. The income only of the Trust may be expended ; and. shall be under the control of the Standing Committee of the Diocese. 0. The Standing Committee may at any time add the unexpended income to the capital account of the fund. 1. The income of the fund may be Used t — {a). To purchase or make grants towards the purchase of sites, Churches, Vicarages, Schools, and other buildings for Church purposes, and to make grants towards the erection of the same. (b) To provide Stipends or grants towards Stipends of Clergy and Lay helpers for the work of the Diocese.

(c) To assist m the payment of expenses for removal of Clergy or Lay workers from one Parish or District to another m the Diocese. (d) To make grants towards passages of the Clergy from outside the Diocese who may be appointed to Charges m this Diocese. (c) To provide by way of grant or loan for the training of Candidates for the work of the Ministry, or for Lay Agents whether men or women. (/) To provide for General Church purposes.

Forms of Bequest are appended : — Form of Bequest of Money to the Diocese of Waiapu, New Zealand, Church of England General Endowment Fund. I give and bequeath to the Waiapu Board of Diocesan Trustees the sum of to be held and applied by the said Board to and for the purposes of the Diocese of Waiapu, New Zealand, Church of England General Endowment Fund. And I direct that the said moneys may be paid to the Treasurer of the said Board, whose receipt shall be a sufficient discharge thereof. Form of Devise of Land to th« Diocese of Waiapu, Neio Zealand, Church oj England General Endowment Fund. I give devise and bequeath to the Waiapu Board of Diocesan Trustees all that piece of land situate at comprising to be held and applied by the said Board to and for the purposes of the Diocese of Waiapu, New Zealand, Church of Eugland General Endowment Fund, with full power to the said Board to sell, lease, mortgage, or otherwise deal with the aaid land for the purposes aforesaid as they shall m their discretion think proper. Note— Every Will made m New Zealand must be signed at the foot or end thereof by the testator or by some other persen m his presence and by his direction, and such sigauture must be made or acknowledged by the testator m the presence of two or more witnesses, and such witnesses must attest and subscribe the Will m the presence of the testator. The following form of attestation may be used : — " Signed by the testator as and for his last Will and 1 Testament m the presence of us the undersigned who at the request of the tes- 1 (Testator to tator m his presence and f SI B U here, m the presence of each other have hereunto signed our names as witnesses." , (Witness to sign here). The witnesses must be persons who take no beneficial interest under the Wiil.