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~nitable or p~denL in th~ investment af trust property
; or oaoibines tMO~or more of such ob~ections; to invest 2n
~ ~res or aecuritiea of unincorporated or voluntary associ-
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. •tiot~s or infestiaent tniata; to 2nvest 2n any Coar~on
'1't~tst ]Atnd of Mhich ac~p corporate trustee hereunder is
trtste~ or stpt investa~ent company of rhich ar~ t~stee
1'~rdu~ftier ss~ be an officer, director or Livstee, to ,
. itireat or reinveat ar~y portion or portions of the trust
_ ysopert~ co~ing into its hands to be held by it as such
- t~t~tees sa it, 1n its sole uncontrolled discretion,
a~p~2 deaa advtaable and for the best interests of the
ts~tat, and to that end at ar~y time or times to sell or
si~re optiocss to bu at blic or
y pu private sale or to
i- sortgage or pledge atocka, bonds, securitiea, and real
or personal eatate of the said tivst o very kind and
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e ~ r i t
h v u t t
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e n e ceas i ty o f aecur ing any l icense or
~ antho?rity fran ar~ court so to do, and to inveat the proceeda
ip sutch eecuritiea, loans, mortgagea, or other real or
- p~~sonal property as it ahall deem advisable; to se12
or tset'ciae eubacriptivn rights attaching to any securit2es
beld b7 it and to borroM money for any purpose of the
trust; to-convert peraonal properLy into rPal property and
tife reverse Mhenever it may think it advisable; to exchange
et~ real estate and to convey the eame in fee or f~r any
leas eatate; to execute, acknoMledge and deliver all
deeds, inativments, or Mritings necessary or convenient to
tranafer proper title thereto; and no purchaser, mor~gagee,
or pledgee Prom said trustee shall be bound to 2~ck to the
application of tt^.e purchase rnoney ~r t~ the pr~ceeds ~f
any pledge or mortgage, and the receip~ ~f tne trustee shall
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