Section 14:
Declaration of Trusts as to surplus proceeds of sale of Mazagon Castle over and above the sum of Rs. 2,75,000.
The Corporation shall hold so much, if any of the proceeds of sale of the said
Mansion House and other hereditaments, called Mazagon Castle, if and when sold, as shall exceed the
sum of two lakhs and seventy-five thousand rupees, upon trust, to invest the same upon one or more of
the investments authorised by section 6, and shall hold the said investments, upon the same trusts, and for
the same ends, intents and purposes, and with the same powers, as are, by this Act, declared of and
concerning the funds which are subject to the Settlement effected by this Act.