HomeMy WebLinkAbout0403 • - ROOK~Lc~ I G~~: V•J
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tlu~n '1'rustees shall terminate this Trust by paying and satisfyinb its known
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;;Z~li~ations and liabilities, and dividin~ the Trust Fund or the procecds
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tl~ercaf among the shareholders according ta their respective holdings, the ~
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i~ 'I'rustees being first duly indemnified for any possible outstancling obli~ations
ai~J liabilities, and the Trustees shall thereuppr. be Torthwith dischar~ed.
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i~ Pravided, however, that upon the request of the I~olders of
at lcast two-thirds of the shares then outstanding, by vote or resoltition
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iiiercoC at a mecting of the shareholders called or held for that pui•pose, ~
II ~r ee ma if it seems to them 'udicious so to do, convey thc trust
~I ~ h Trust s y, J '
pruperty to ne~v or other Trustecs or to a corpoi ation or to any pcrson
~ accoi•ciing to the terms of such request and in the manner stat~•d thereiri,
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hcin~; first duly indemnificd for any outstandin~; obligations ~ncl liahilities.
For thc pui•pose of windin~ up its ~i,ffairs anci liquid.rting
~ the ass~ts of the Trust, the then Board c~f Trustees shall continue in office -
~ ~ until such duties have becn duly performrci. .
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~ I Thc Trustcc•s may filc tvitl~ thr "1'own Clci•k of th~ T~~~~rn of
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i Wilbraham, Massachusetts, ancl with ~ny othcr depositary of ihc~ 'I'rustccs
evidence of their fulfillment of thcir trust and of thc trrmination thcr~vf.
ARTICLE ~VII - AMI:NUMLNT OI'
! DECLARATION Ul~' T[tUS'r
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~ This Ucclaration of Trust may bc altcrcd or zmriui~~cl, ~xcept `
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as re~;arcls the liability of thc Trustecs a~~cl sharcholders by Il1A~nt•ity vutc of
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the Trustees with the consent of the holdcrs of a m~jority c~f thc sharc•s in
thc 'Trust then outstandinfi, cxpressed cithcr in K~ritin~; or by a votc at a
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~ mcetin~ of the sharchold~rs duly callcd for that purpose, prc~vicicd that in thc•
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~ call for such meeting it is specifically st~ted that an alteration or ainc~ndment
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aooK~.71 ~~~E 403 ;
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