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HomeMy WebLinkAbout2124 (j) To incur and pay the ordinary and necessary expenses of administration, including (but not by way of limitation) reasonable attorneys' fees, investment counsel fees and the like. (k) To act hereunder through an agent or attorney-in- fact, by and under power of attorney duly executed by the Trustee, in carrying out any of the powers and duties herein authorized. _ (1) To borrow money for any purpose of the trust, or incidental to the administration thereof, upon its bond or promissory note as Trustee, to secure the repayment thereof by nwrtgaging or pledging or otherwise encunnberinq any part or all of the property of the trusts, and, with respect to the purchase of any property, as part of the consideration given therefor to assume a liability of the transferor or to acquire such property subject to a liability. (m) To lend money. to any person or persons upon such terms and in such ways and with such security as it may deem advisable for the best interest of the trusts and the beneficiaries hereunder. (n) To engage in business with the property of the trusts as sole proprietor, or as a general or limited partner, with all the powers customarily exercised by an individual so engaged in business, and to hold an undivided interest in any property as tenants in partnership. (o) To make any division or distribution required under the terms of this Agreement in kind or in money, or partly in kind and partly in~ money. 32. aooK179 ~~2~.22 :,