William Henry Arnott's Trust

Constitutional objectives

I instruct the said Bank as Executor and Trustee foresaid to assume as additional Executors and trustees the Minister and Senior Elder of St. Michael's Parish Church, Strathearn Terrace, Crieff, who and their respective successors in office shall be Executors and Trustees under these presents ex officio, all of which Executors and Trustees shall then hold my said means and estate, or the residue thereof, in trust always for the ends, uses and purposes following, namely:- for payment of the income therefrom in the manner hereinafter specified to the Kirk Session of the said St. Michael's Church to be used by them at their discretion firstly for the Sunday School Children towards the cost of their Christmas Party and Summer Outing or in some other way in which the children will benefit to the full, and secondly for any other charitable congregational purpose, declaring that for a period of twenty one years from the commencement of the trust under this purpose only One Hundred and Fifty Pounds shall be allocated from the trust income each year and any annual surplus shall be invested and added to the capital of the Trust fund, and thereafter the whole of the trust income shall be applied for the purposes foresaid...