St Magdalene Hill Endowment FundRegistered

The Trustees shall hold and apply the sum of £9,231.44 (nine thousand, two hundred and thirty one pounds and forty four pence), and such other funds and assets as may from time to time comprise in the Trust Fund, in trust to be applied towards the maintenance, upkeep and any improvements to the subjects knowns as St Magdalene’s Hill in Perth, which is shown delineated and coloured red on the attached plan annexed and signed as relative hereto, for so long as the said St Magdalene’s Hill is held for the recreational use and enjoyment of the citizens of Perth and the public at large (hereinafter referred to as the “Trust Purposes”).