CARL AND IRENE FOWLER CHARITABLE TRUST BOARD

To let or lease units for residential accommodation preferably to elderly or retired persons previously resident in Northern Southland; to pay, apply or appropriate the income and if the trustees at any time so decide to pay or apply or appropriate (in specie or otherwise) the whole or any part of the capital of the Trust Fund to or for the benefit of the following three churches in equal shares, for general purposes of the churches in Northern Southland. The Churches are the Anglican Church, the Roman Catholic Church and the Presbyterian Church.