[provides for the establishment of “further Scholarships”—“for students of such British Colonies or Dependencies” as the Trustees shall see fit—such Scholarships to “correspond in all respects with the Scholarships hereinbefore directed”.]
39. Until the Scholarship fund shall have been set apart as aforesaid I charge the same and the Scholarships upon the residue of my real and personal estate.
40. I give the residue of my real and personal estate unto such of them the said Earl of Rosebery Earl Grey Alfred Beit William Stead Lewis Lloyd Michell and Bourchier Francis Hawksley as shall be living at my death absolutely and if more than one as joint tenants.
41. [Trustees may employ a Secretary or Agent to transact all business required to be done by the Trust.]
42. My intention is that there shall always be at least three Trustees of my Will so far as it relates to the Scholarship Trusts and therefore I direct that whenever there shall be less than three Trustees a new Trustee or new Trustees shall be forthwith appointed.
In witness whereof I have hereunto set my hand the day and year first above written.
Signed (...) C. J. Rhodes.
(Witnesses)
- Charles T. Metcalfe,
- P. Jourdan,
- Arthur Sawyer.