The following persons are hereby appointed Trustees of the Dunedin Hospital and the Otago Industrial School for the purpose of receiving and investing the above-mentioned bequest and disbursing the income thereof and of giving effect to the purposes of the testator, namely James Macandrew Esquire, Superintendent of the Province of Otago, Henry Houghton of Dunedin, merchant, Alfred Rowland Chetham Strode of Dunedin, gentleman, and George Duncan of Dunedin, mill owner:
Provided always that nothing herein contained shall be held to confer upon the said Trustees or their successors any right or power to interfere with the management of the said institutions or either of them.