Bute Museum Endowment Fund 1987Registered

We provide and declare that the Trust Fund shall be held by the Trustees in trust only for the following purposes : ... The Trustees shall pay the income of the Trust Fund to the administrators of the Bute Museum. (c) The Trustees may in their sole and unfettered discretion pay the capital of the Trust Fund or any part or parts thereof to the administrators of the Bute Museum on such terms and conditions, if any, as the Trustees in their sole and unfettered discretion think proper. (d) The Trustees shall be the sole judges of the identity of the administrators of the Bute Museum. (e) In the event of the Bute Museum ceasing to be used as a Museum, of which event the Trustees shall be the sole judges, the Trustees shall apply the income and capital of the Trust Fund for the advancement of education in all its forms in the Isle of Bute including without prejudice to the foregoing generality the granting of scholarships for research into the history, natural history, agriculture, archaeology, industrial archaeology, architecture, social history, culture, environment and geology of the Isle of Bute and the printing and publishing of the results of such researches all as the Trustees in their sole and unfettered discretion think proper.