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Trust moneys, after payment of annuities, &c., to be left for permanent endowment of ministers for the time being of Presbyterian Church.
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9. When and so soon as all of the said several life annuities so payable out of the said commutation fund as aforesaid shall have determined, and all claims and demands against the said fund in respect thereof shall have been satisfied, the said commutation fund, and the stocks, funds, and securities in which the same shall be invested, shall thenceforth be held by the trustees upon such trusts by way of permanent endowment for the benefit of the ministers for the time being of congregations of the Presbyterian Church in Ireland in connexion with and under the jurisdiction of the said general assembly as the said assembly shall direct: Provided always, nevertheless, that the interest, dividends, and annual income only of the said fund shall be applied for the benefit of such ministers, and that such preference as the general assembly may in its absolute and uncontrolled discretion think right shall be given to the claims of congregations whose ministers shall have so commuted as aforesaid.
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