First. That, out of the sum of Two thousand two hundred and fifty Dollars ($2,250.) the same being the equivalent of interest on $50,000.00 at the rate of four and one-half per cent (4 1/2%) per annum, The Board [n/k/a Coemar] shall hereafter pay in each year the salary of Dr. Agnes G. Murdock, now in charge of the Women’s Hospital and Medical Work for Women at Hwai Yuen Station, Kiang-an Mission, China, and, upon her death or retirement, to the salary of her successor and successors in said office, and set aside annually a sum sufficient in the aggregate to provide, at the expiration of each term of service on the field, for the traveling expenses to and from the United States of Dr. Murdock or her successor. Any balance remaining after the payment of said salary and the setting aside of provision for traveling expenses shall be applied by The Board to the maintenance and support of said hospital and its medical work. Second. The Board shall annually credit on its books said sum of Two thousand two hundred and fifty dollars ($2,250.) to the Central Presbyterian Church in the City of New York, now located at the northeasterly corner of Madison Avenue and Fifty-Seventh Street in the City of New York, so long as the Central Presbyterian Church shall continue to maintain and support its present work in the Hwai Yuen Mission Field. [Central PC released their rights to its portion of the credit in December 1945. See 12/4/45 letter in Filenet]Third. If, at any time, the Central Presbyterian Church shall cease to maintain and support its work in the Hwai Yuen Mission Field, then and in that event the object to which said sum of Two thousand two hundred and fifty Dollars ($2,250.) shall be annually, applied by The Board shall be subject to the approval of the Session for the time being of the Central Presbyterian Church.Fourth. If, for any reason, the Session of the Central Presbyterian Church shall decline to act after reasonable notice from The Board, or, if there shall not be in existence a Session of the Central Presbyterian Church, then and in either event, the said principal sum of Fifty thousand Dollars, together with any interest that may have accrued thereon or that may thereafter accrue thereon, shall be applied by The Board according to its judgment and discretion in the prosecution of its work.

For the Anderson Memorial Kindergarten. If at any time, the Kindergarten should cease to exist then the money is to revert to our children. Donor’s daughter agreed to her portion to be used for a similar purpose in the same area of the world and in 1973 income was assigned to be used at Hip Who Kindergarten in Hong Kong. [GAMC Action taken 9/22/2011: The World Mission Ministry Area or its successor to annually review the amount of income available from the fund, the fund restriction and the mission opportunities available and determine how best to allocate the available income.]

To be used for the aid of theological students – 1/2 in India and 1/2 in Egypt. [This fund is the portion for Egypt. 1020052153 is the portion for India.]

To be used annually toward the preparation or support of a Chinese evangelistic worker or for evangelistic work within the East China Mission preferably in the Soochow Station field.

For the use and benefit of the Pressly Memorial Institute at Assiut, in Egypt.