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any depreciation or loss by or on account of such investments.
(b) To engage in activities and to invest in assets (even
though such activities and assets may be of a speculative nature)
which promise to yield the greatest return and result in a
maximum appreciation of principal; and it is hereby relieved
from all liability for any loss of the trust property result-
ing from the investment or reinvestment of the trust property
in any speculative business of venture.
(c) To rent or lease any property of the trusts for such
time and upon such terms and for such price or prices as in
its discretion and judgment may seem just and proper and for
the best interests of the trusts and the beneficiaries hereunder,,
irrespective of the provisions of any statute or of the termination
of the trusts.
(d) To sell and convey any of the property of the trusts
or any interest therein, or to exchange the same for other
property, for such price or prices and upon such terms as in
its discretion and judgment may be deemed for the best interests
of the trusts and the beneficiaries hereunder, and to execute
and deliver any deed or deeds (with or without warranty), receipts,
releases, contracts, or other instruments necessary in connection
therewith.
te) To make all repairs and improvements at any time
deemed necessary and proper to and upon real property constituting
a part of the trusts, and to build, construct, and complete
any building or buildings upon such property which in its discretion
and judgment ntay be deemed advisable and proper for the best
interests of the trusts and beneficiaries hereunder, and to
27.
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