George James & Alexander Chalmers Bequests

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The charity's objects are to manage the Trust assets, and to pay out of the surplus revenue of each year, fixed sums annually to certain institutions named in the Trust Deeds and to females in poor circumstances resident in Aberdeen, and subject to retention of necessary funds for the improvements of the lands and houses, to divide the balance remaining amongst the objects of the bequests in such a way as they might think best. The trustees have for many years paid part of the balance to females in poor circumstances. In recent years the small fixed sum donations have been commuted by a capital payment although the recipients of the fixed donations remain eligible to receive additional donations from surplus revenue at the discretion of the Trustees.

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