Finances:
Objects:
i give the remainder of my estate to my trustees to administer the same according to law and to hold my residuary estate upon trust to apply the income therefrom in perpetuity for the promotion of charity in the manner hereinafter set out that is to say: -(a) in such manner or to such charitable objects as i shall by memorandum direct(b) and in default or such memorandum to distribute the said income to such charity or charities and in such amount or amounts as they shall in their absolute discretion think fit(c) all such payments shall be made only to united kingdom charitable institutions registered with the charity commission under the charities act 1960 as amended or replaced(d) provided further that in the absence of any memorandum or capital instructions to apply or pay the capital of my residuary estate for such charitable purposes from time to time as they shall in their absolute discretion think fit to the exhaustion of the said residuary estate(e) i direct that the receipt of the treasurer or other authorised officer for the time being of any charity benefiting under this my will shall be a full and sufficient discharge to my trustees
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