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- REC 35~ P~653
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legal to do so, all amendments; or, if said truat shall not then be in exietence, i
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i~ I devise and bequeath said residue ta the Rhode Island Hospital Trust Compaay
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i~ in trust under the applicable provisione of the said "Life Insurance Trust .
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~ Agreement of Nicholas G. Caputi, " which in auch eveat is incorporated into
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= thia will by refeience.
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4. I appoint the Rhode I81and Hospital Trust Company as executor.
+ 5. The executor not in limitation of the ordinary powers, but in
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~ addition thereto, shall have the follovying powere a~d righte and is authorized
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j without court approval: ~
~ ~ ` a. To invest and reinveat aay funds, without being limited to
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~ i investments authorized by law. ' '
` b. To vote shares of stock at all cor orate meetin s and to
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~ s have all powers incident to the ownerahip of stock and other ~ecurihes.
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t c. To compromise, adjust and settle any claim or obligation,
~ d. To make distributions in kind, or partly in cash aad in
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~ kind.
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~ ~ . e. To make payments and distributiohe to parents of minors
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, or infants.
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~ f. To employ ageats including ~aominees for the registration
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of securities.
~ g. To receive annually reasonable comgensation out of
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j' income, or principal, or both. !
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~ h. To sell, lease, exchange, partition, mortgage, pledge, or
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}~otherwise dispose of any property. Leases may be made beyond the duratioa
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!i of the trust. - ~ • . ~
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' i. To borrow and to loan money,~. _Qn fair and reasonable terms
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~L~AM OY~ICK • ~T111K ~ANK W~LOIM~ ~ r110YlOfllat. A.
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