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HomeMy WebLinkAbout2123• '~ ~ ~~ debts and claims or charges which at any time may be due and owing, by, or which may exist against, the trusts. (g) To vote upon all securities belonging to the trusts, and to become a party to any stockholders' agreements deemed advisable by them in connection with such securities. (h) To consent to the reorganization, consolidation, merger, liquidation, readjustment of or other change in any corporation, company, or association, or to the sale, mortgage, or lease of the property thereof or any part thereof, any of the securities or other property of which may at the time be held by it hereunder and to do any act or exercise any power with reference thereto that may be legally exercised by any persons owning similar property in their own right, including the exercise of conversion, subscription, purchase, or other options, the deposit, surrender, or exchange of securities, the entrance into voting trusts, and the making of agreements or subscriptions which it may deem necessary or advisable in connection, therewith, all without applying to any court for permission so to do, and to hold and redeem or sell or otherwise dispose of any securities or other property which it may so acquire. (i) To compromise, settle, arbitrate or defend any claim or demand in favor of or against the trusts; to enforce any bonds, mortgages, or other obligations or liens held hereunder; and to enter upon such contracts and agreements and to make such compro®ises or settlements of debts, claims, or contro- versies as it may deem necessary or advisable. 31. so xi79 Pa~~1~