Deed Dated: 15 December 1976
It is hereby witnessed by those the undersigned that the assets, land, property real and personal, chattels and choses in action and all such other rights, entitlements, benefits, claims and actions comprising the Trust Property as enumerated in the Schedule and all such other things appertaining thereto are held by the Trustees on trust for the charitable purposes further defined herein.
The purpose of the trust shall be the charitable provision of a newspaper to inform, educate and advise members of the parish of Tilebury Village.
The Trustees from time to time shall by majority vote have the power to do all such things as they think fit in relaiton to the Property of the Trust including without limitation the power to charge for any products of the Trust, to acquire or sell property or assets (real or personal) which shall cease to be and become, respectively, part of the Trust Property, to loan or charge any Trust Property, to raise subscriptions, to receive donations, to advertise and to express opinion through the newspaper subject to the approval of the editor from time to time. The Trustees shall not be paid for being Trustees.
The Trustees shall approve Rules for the management of the newspaper subject to this Trust and shall act in accordance with those rules which shall require unanimous agreement of all Trustees from time to time to amend, revoke or vary. Those such aforementioned Rules shall provide for the appointment of an Editor who shall be a Trustee.
The initial Trustees shall be the undersigned Martha Sarah Lucille Everrett, Luna Elisabeth Paddock, Megan Kinear and Theodora Anstruther Blaise Morton for their lifetimes or for such period until their retirement in accordance with rules of the Trust which shall be made under hand and validly executed from time to time by unanimous agreement from the Trustees from time to time.
The Schedule referred to in the Deed Dated 15 December 1976
The following shall be the initial Property of the Trust.
- The sum of £3,452.12 held to the account of the Trust with the Barclays Bank, T'mas Broad, Tilebury.
- The freehold of the Mews House, Market Street, Tilebury.
- The freehold of Everett's yard, Compon Passage, Tilebury.
- All fixtures and fittings and all chattels currently located within or affixed to the aforementioned properties at the Mews House, Market Street, Tilebury and Everett's yard, Compon Passage, Tilebury.
Executed as a Deed etc by L Paddock, M Kinear (Attested sign manual), M Everrett, T Morton