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~~ill debts and claims the Trustees shall bQ liable, as such, to the extent only of
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~ thc Trust Fund, N~ assessment shall ever bc made upon the BeneTiciaries.
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ARTICLE III. - RELATION OF ~
' BENEFICIARIES TCl TH~ TRUST FUND
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The Beneficiarics, or shareholders, shall have no legal title. ;
to tl~c Trust I'und itself held from time to time by the Trustees, and they shall ~
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, i~:xvc no right to call for any partition or accounting during thc continuaiicc of
~ the Ti•iist, nor shall fhey have any equitable estate in the property at any time
c•onstitutin~ thc Trust rund, ~ Uut thcir rights shall bc solcly a~ainst the
~f YtlStCCS .
The deatil of a sharelioldez during the continuance of tliis
Ti•ust shall not ~peratc to tcrminatc thc Trust, nor shall it entitle thc legal
represcntative of thc dcceased sharcholdcr to an accounting, nor to take any
action in the courts or other~vise against the Trust or the Trustees, but the
etecutors, administrators or assibns of any deceased shareholder sh~ill
succeed to all the rights of said deceased under this Trust, upon thc~surrendet
oi' the certificate for the shares owned by the deceased.
ARTIGLE IV - REMOVAL OI~ TRUS'TE~S
AND APPOINTMENT OF SUCC~SSOR TItUS'I'~~S
If a Trustee shall die, resign, or for atiy othrr rcason ccase
~ to be a Trustee, or shvuZd more Trustees be desiraUlr. than arc a! an time
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holding office (subject to the limitations hereinaftcr sct forth), a suceessor ~
or additivnal Trustee, as the case may bc, shall be appointed by a~najority
oi the holders of the shares outstanding or by written instrument si~;~~ed by
the holcier or holders of a majoi•ity of the sl2ares outstandin~.
Evcry appointmcnt and cessation of ~ 1'rustec to or from thc ~
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~ aooxl?1 PACE 389
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