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Trust Deed

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And the Great Panjandrum himself... (Click to enlarge)

Extracts from Trust Deed 

of the Randolph Caldecott Collection Trust

Objects

  1. To protect and preserve for the benefit of the public artwork by and objects relating to Randolph Caldecott
      
  2. To promote improve develop and maintain public education in and appreciation of the work of Randolph Caldecott in all its aspects by the presentation of and participation in exhibitions and lecture programmes and sponsorship of lecture programmes
      
  3. Facilitate and promote research into Randolph Caldecott's life
      
  4. Such other purposes relevant to Randolph Caldecott as shall be exclusively charitable as the trustees may from time to time decide.
      

Powers of Trustees

  1. To raise funds and invite and receive contributions: Provided that in raising funds the trustees shall not undertake any substantial permanent trading activity and shall conform to any relevant statutory regulations;
      
  2. to buy, take on lease or in exchange, hire or otherwise acquire any property necessary for the achievement of the objects and to maintain and equip it for use;
      
  3. subject to any consents required by law to sell, lease or otherwise dispose of all or any part of the property comprised in the trust fund subject to the clause on Permanent Endowment below;
      
  4. subject to any consents required by law, to borrow money and to charge the whole or any part of the trust fund with repayment of the money so borrowed;
      
  5. to co-operate with other charities, voluntary bodies and statutory authorities operating in furtherance of the objects or of similar charitable purposes and to exchange information and advice with them;
      
  6. to establish or support any charitable trusts, associations or institutions formed for the objects or any of them;
      
  7. to appoint and constitute such advisory committees as the trustees may think fit;
      
  8. to employ such staff (who shall not be trustees) as are necessary for the proper pursuit of the objects and to make all reasonable and necessary provision for the payment of pensions and superannuation to staff and their dependants;
      
  9. to permit any investments comprised in the trust fund to be held in the name of any clearing bank, any trust corporation or any stockbroking company which is a member of the Stock Exchange (or any subsidiary of such a stockbroking company) as nominee for the trustees and to pay any such nominee reasonable and proper remuneration for acting as such:
      
  10. to delegate to any one or more of the trustees the transaction of any business or the performance of any act required to be transacted or performed in the execution of the trusts of the Charity and which is within the professional or business competence of such trustee or trustees: Provided that the trustees shall exercise reasonable supervision over any trustee or trustees acting on their behalf under this provision and shall ensure that all their acts and proceedings are fully and promptly reported to them;
      
  11. to do all such other lawful things as are necessary for the achievement of the objects.
      

Permanent Endowment

It is anticipated that original work by Randolph Caldecott will be transferred to the trustees.  Such original work will be designated as permanent endowment by the trustees and minuted in the Minute Book.  Objects designated as permanent endowment will be clearly identifiable as such.  All other assets of the Trust the trustees are free to dispose of within the terms of the Trust as they think fit.  Objects designated as permanent endowment will not be disposed of by the trustees save in the event of the failure or termination of the Trust.  Objects designated as permanent endowment will particularly be made available for exhibition in suitable circumstances.

We are most grateful to Aaron & Partners, Solicitors, of Chester, England, who drew up the Trust Deed for us.

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