In July 1894 a provisional council, headed by Hill, Hunter, Rawnsley and the Duke of Westminster met at Grosvenor House and decided that the company should be named the National Trust for places of Historic Interest or Natural Beauty. Articles of association were submitted to the Board of Trade and on 12 January 1895 the Trust was registered under the Companies Act. Its purpose was to "promote the permanent preservation for the benefit of the Nation of lands and tenements (including buildings) of beauty or historic interest".