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HomeMy WebLinkAbout0885 ' ~ . . . , . . . . - . . - ~~0 . Clanae 3t~ov~Ld q huaband, Rnperb x. ffiiley, retlias t,o accept ; ~ ths truat.s harsin pra~rided or hsving accepted later tail or aeaas t,o act, ~ th~n I appoiat my bacother-in•la~?, P~JL S. BLILSY~ aa a~uat.ee in his plsca xith 411 0! the ~itlo, authorifi.ies, poxera, and diecretiona xhich my • husbaad poaseaaed as a Truetee hereunder. Sbould Paal 3. Bliley thereupon Sail to accep~ auch appo3n~t~oaea~ or hav3ng accepted later =ail or ceaee to ~ ~ act, then I appoint mor brother-3n-7~ax, TB)1~1S J• ffiIISY, as a Truatea ia s his place vith all ot ~the title, autl~rities~ po~rera, and diacretiona Which ~ Paul S. Bliley vould have poseessed aa a Truiates heacsun~der. Sub~ect to ~ i the tore~o~ ana to t.~e iat,er teu,o~s or tht8 cisuae 3, ahauld at aaar ~ime ; on~y oae ot mar ~ateea be acting hereun~der, auch ~nistee shall possesa ~ aa~d hsve all title, authcritiee, parrers, snd disareti~ona vm.ch otberriae .~+~onld be posBessed by my Trusteee. Hovever, ~ha poxera ot encroacbaent ; ~ glveu in Article Five to a~r corporate ~v,stee ahall la no event and under no circumstancers paas to or be e~cercisable by aqr husband or either ot a~ , ~ I said brothers-in-laW aating as Trustee~ ShouLd at aqy~t3me ~qy corporate ~ ~ Ticastea tail or cease to act ae 4 15ruatee hes~enndsr, tbea, 3! and xhen az~r # ~ person ar corporation ia appo3nted by an appropri~t,e oourt aa aubatituted ts~~stee ; ~ 3a~ its p1,~ce, snch aubstituted t?ru~stee sha11, in addi,tion to svaceeding to - ; the title~ po~era, ant2writiea~ and discreti,~~as (other than the aaid poxera ~ of encroaclsaeat) ~ieh ~ corporate ~uetee vould ha4e posaesaed as Trvatee _ had it beea still acting, a1,8o poasess the said po~rera of eaes~oac2vaent to ~ the same etteet and extent as mq corporate ~uatee xonld have ao poseeaaed ~ had it been still acting aa Truet~ee. Should at aqy tias t~o one ot ~y ~ Trtxsteea be actiag as auch, then all title, pov~era, ant~orlties, affi dis- cretions vhi~ch vould othe~rise be posaessed by the~a or oae o! them (including - the said paxera ot encroaclmeat) sha11 be posBeseed by at~y aucceasor ts~~atee . or t~ruateea du~jr appointed to administer the tru8ts hereunder. . = . - B~TICLE ~It~HT ` ~ ' ; ; i ~ : . All inheritaacs and estate taaee, both stste and federal, assesaed , ; ; - _ ~ ' ~ f%Z.c Y ' : ~ " ~ - ~ - ~a~~ -1Q9 r~c~281 . ~ ~ ~ . . - - -__--j-- _ F_ ~ -c. t'~ s.~ . ' f - , .i t i. ~'~a : . . . . • ~ r.,, .a.; r: ~ - - - t°s ~ t~ y 4 ,s iS=r • " " . ~ ' ' j~;