The Leicester Rationalist Trust

To all to whom these presents shall come

WE

[The Names Addresses and Occupations of Trustees will be inserted here]

John Mackinnon Robertson of Viewhurst, Westerham in the county of Kent, Author M.P. William Henry Scott of 1 Evington Road, Leicester, Timber Merchant. Thomas Wright of Springfield Rd Leicester, Elastic Web Manufacturer. Sydney Ansell Gimson of 20 Glebe St. Leicester, Engineer and William Wilber of 82 Laurel Rd Leicester, Carpenter

[The exact sum in hand will be stated here]

send greeting WHEREAS the sum of £270 - 0 - 0 is now in our possession which has been contributed by ourselves and other persons members of or interested in the Leicester Secular Society for the purposes of establishing a "Leicester Rationalist Trust" as hereinafter mentioned NOW IT IS HEREBY AGREED AND DECLARED that we the said J. M. Robertson, W. H. Scott, T. Wright, S. A. Gimson, W. Wilber and the survivors or survivor of them and the executors or administrators of such survivor or other the trustees or trustee for the time being of this deed (all of whom are hereinafter referred to as "the trustees") shall stand possessed of the said sum of £270 - 0 - 0 and of any other moneys or property which may at any time hereafter come into the possession of the Trustees as contributions from any persons or otherwise (all of which moneys and property are hereinafter referred to as "the Trust Fund") upon the trusts and for the intents and purposes and with and subject to the powers and provisions following namely:—

1.—The Trustees shall invest the trust fund in Ordinary or Preference Shares or debentures of the Leicester Secular Hall Company Limited or in any stocks funds or securities authorised by law for the investment of trust funds or in any stocks funds or securities or other investments of whatever nature and wheresoever as the trustees shall in their absolute and uncontrolled dsicretion think fit and the trustees shall have absolute power to vary any such investments from time to time and shall in no case be responsible for any loss occasioned by any investment.

2.—The Trustees shall apply the income of the trust fund for the purpose of promoting the spread of Secularism or rationalism* including the hiring and maintenance of a hall or Temperance Club or other building for such purpose.

Note * The Exposition of the principles of Secularism & Rationalism given on p 1 to 6 of the Principles, Rules & regulations of the Leicester Secular Society dated October 1902 (which are appended to this deed) will serve as a guide to the trustees.

3.—So long as in the opinion of the Trustees the Leicester Secular Society is fulfilling the purpose aforesaid the Trustees shall pay to the said Society the whole of the income of the Trust fund.

4.—If the Leicester Secular Society shall cease to exist or shall in the opinion of the Trustees cease to fulfil satisfactorily the purpose aforesaid then and in such event the Trustees (unless and until the power given by the next clause shall be exercised) may pay the income of the Trust fund or such part thereof as they shall think fit to some other Society or Institution either in Leicester or elsewhere which in their opinion is satisfactorily fulfilling the purpose aforesaid.

5.—If the Leicester Secular Society shall cease to exist or shall in the opinion of the Trustees cease to fulfil satisfactorily the purpose aforesaid the Trustees may if in their opinion it is expedient to do so pay over and transfer the whole of the capital of the Trust Fund under this Deed to some Society or Institution which shall then in their opinion be satisfactorily fulfilling the purpose aforesaid and in the event of this power being exercised the Trusts created by this Deed shall cease an d determine.

6.—The Trustees shall meet at least once in every year and three shall form a quorum. Any Trustee may at any time summon a Meeting of the Trustees. A majority of the Trustees present at any meeting may exercise any of the powers by this Deed or by any statute made exercisable by the Trustees provided that not less than four clear days prior written notice of such meeting has been given to all the Trustees stating generally the object of the meeting and sent by post to their last known place of abode in England or delivered to them personally.

7.—The power of appointing new Trustees conferred by statute shall for the purposes of this Deed be vested in the surviving or continuing Trustees or Trustee for the time being or a majority of such trustees or the personal representatives of the last surviving or continuing trustee. The number of Trustees may at any time be increased by the appointment by the existing Trustees of an additional Trustee or Trustees and the number of trustees shall at all times be maintained at not less than three Trustees.

IN WITNESS whereof we have herunto set our hands and seals

this first day of August 1907.

WHAT IS THE
"LEICESTER RATIONALIST TRUST"

It is a Trust, founded on August 1st, 1907, holding at the present time 57 £5 Shares in The Leicester Secular Hall Co. Ltd., and with power to hold "any other moneys or property which may at any time come into the hands of the Trustees" for use in the following ways:

1. The Trustees may invest the funds in their possession in any investments as they "in their absolute and uncontrolled discretion think fit."

2. The Trustees shall apply the income of the Trust fund for the purpose of promoting the spread of Secularism or Rationalism, including the hiring and maintenance of a Hall or Temperance Club or other building for such purpose.

NOTE—The Exposition of the principles of Secularism and Rationalism given on pages 1—6, of the Principles, Rules and Regulations of the Leicester Secular Society, dated October, 1902, will serve as a guide to the Trustees.

3. So long as the Leicester Secular Society is doing good Secularist work the Trustees must pay to that society the whole of the income which they receive.

4. If the Leicester Secular Society should cease to exist, or should cease to do good Secularist work, the Trustees may pay either the income or the capital of their fund to some other society which may be doing good Secularist and Rationalist work.

[This paragraph is in larger type] The Trustees have just agreed to purchase the Leicester Secular Hall from the Leicester Secular Hall Co. Ltd., which is going into voluntary liquidation. This is a ~onsiderab1e venture to finance, and they rely upon the enthusiastic and energetic support of the members of the Leicester Secular Society in raising funds. The Committee of the Society has assured them that they can depend upon this.

It should he noted that no Trustee can personally benefit through his connection with the Trust. If any of the property was converted to the personal use of any of the Trustees they would be liable to prosecution.

The Trust Deeds are in the custody of Messrs. Owston, Dickinson, Simpson and Bigg, of 23 Friar Lane, Leicester.

The Trustees are:
The Rt. Hon. JOHN M. ROBERTSON
Mr. W. H. SCOTT
Mr. SYDNEY A. GIMSON
Mr. WILLIAM WILBER
{Original Trustees.}

Mr. FRANK J. SMITH,
{Appointed by the Trustees in the place of Mr. Thos. Wright, who died March 9th, 1922.}

Miss ELIZABETH BANBURY
Mr. E. H. HASSELL
Mr. S. G. WOOLLEY
{Nominated by the Committee of the Leicester Secularm Society and appointed by the Trustees}

Trustees are appointed for life. Surviving Trustees can appoint new ones to take the place of those who have died or resigned.

Subscriptions to the fund will he gladly received by any of the above, and can he addressed to them at the Secular Hall, 75 Humberstone Gate, Leicester.

Signed, SYDNEY A. GIMSON,
President of the Leicester Secular Society.
January 15th, 1923.